Industry Sectors:Offshore

Offshore

There is a change at the helm of Keppel Offshore and Marine (Keppel O&M) as Keppel FELs md Chris Ong is brought as acting ceo to replace Chow Yew Yuen,…
UMW Oil & Gas (UMW-OG) has finally declared the value of two recent small contracts awarded to its UMW Offshore Drilling unit earlier this month.
The auditors of Malaysian OSV builder Nam Cheong has cast doubt on the company’s ability continue as a going concern in view of its unstable finances, poor earnings and upcoming…
Embattled Ezra Holdings has filed for Chapter 11 bankruptcy in the US on Saturday, together with its two wholly-owned EMAS IT Solutions and Ezra Marine Services, in the hope of…
Embattled Ezra Holdings woes continue to mount with another claim related to EMAS Chiyoda Subsea (ECS) for $4.45m and liability for two bareboat charters by EMAS Offshore Ltd (EOL) that…
The floating production sector has “turned the corner” according to analyst Energy Maritime Associates.
Offshore vessel owner Bourbon reported a hefty loss of EUR279.6m ($299.1m) for 2016 in what it characterised as the “most acute crisis” for marine services in 40 years.
A proposed Chapter 11-like bankruptcy code for Singapore would bode well for the debt restructuring market, especially at a time when offshore companies are struggling to stay afloat under mounting…
Owners and operators of offshore oil and gas assets have not seen light at the end of the tunnel for the severely depressed market, which continued to be marked by…
When the subject turns to infrastructure investment in the States and the potential impacts on deepsea and domestic shipping, the booming energy markets are now receiving increased attention.