Tagged Financial

Velesto expects insurance to mitigate sunken rig costs

By Nermina Kulovic Velesto Energy expects the financial impact of an incident in which its NAGA 7 rig submerged off Sarawak will be mitigated by the insurance. The post Velesto expects insurance to mitigate sunken… … Read Full Article Here For more great articles: Offshore Energy Today

Valaris emerges from Chapter 11 free of $7.1bn of debt

By Nermina Kulovic Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt. The post Valaris emerges from Chapter 11 free of $7.1bn of debt… … Read Full Article Here For more great articles: Offshore Energy Today

Diamond Offshore emerges from Chapter 11 bankruptcy

By Bojan Lepic Offshore drilling contractor Diamond Offshore Drilling and its debtor-affiliates have emerged from their Chapter 11 process after completing a financial reorganization under their joint plan of… … Read Full Article Here For more great articles: Offshore Energy Today

Awilco LNG names new CFO

By Adnan Bajic Norwegian LNG transportation provider Awilco LNG has named the company’s new chief financial officer. The post Awilco LNG names new CFO appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

Oil Search names new CFO

By Adnan Bajic The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named Peter Fredricson as its new chief financial officer (CFO) effective 23 March 2021. The post Oil Search names new CFO appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

Maersk Supply Service gets new CFO

By Nermina Kulovic Danish offshore vessel provider Maersk Supply Service has named a new chief financial officer (CFO) of the company with effect from 15 March 2021. The post Maersk Supply Service gets new CFO… … Read Full Article Here For more great articles: Offshore Energy Today