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...Santos completed a A$21bn deal for rival Oil Search last year but a multibillion-dollar offshore drilling project was derailed by a court challenge from the indigenous population of the remote Tiwi Islands...
...Access to a rich offshore oilfield adds extra appeal, along with the lure of gold and diamonds onshore. Venezuela’s revolutionary socialist President Nicolás Maduro could not resist the temptation....
...Services contractor Diamond Offshore Drilling, for example, raised $550mn last month to repay earlier credit facilities that came with restrictive covenants....
...Modelled partly on crypto and partly on carbon credits, “Project Diamond” would compel companies with all-male boards to either appoint women or buy tokens from those that had....
...Geothermal Engineering Ltd (GEL) is seeking to raise £600mn to build multiple sites and diversify into lithium — a metal vital for electrification — by 2030....
...The expansion in activity in Namibia by both companies, which operate separate offshore projects, follows the drilling of several successful exploration wells in the past 18 months....
...US 2030 offshore wind goals will be missed, parts manufacturers have said. The target was “widely and regretfully acknowledged” to be unrealistic....
...A separate probe into an earlier scheme, an alleged circular trade in diamonds by Adani companies to illegally exploit government export incentive schemes, in which DRI documents mention Vinod Adani, Chang...
...The judgment by Justice Mordecai Bromberg, who visited the remote islands in August to hear the complaint, threatens the $3.6bn Barossa offshore gas project in the Timor Sea....
...Last month people familiar with the matter said that CQS invested in the riskiest slices of derivative products, the performance of which was hit by a spate of bankruptcies such as Diamond Offshore Drilling...
...offshore companies, according to the Indian Express newspaper....
...A recent spate of bankruptcies, such as those of Diamond Offshore Drilling and Whiting Petroleum in April, have knocked the performance of the investments, which can typically sustain up to four defaults...
...Houston’s Diamond Offshore Drilling filed for bankruptcy, citing the “unprecedented” impact of plunging oil prices and the coronavirus pandemic....
...Circle in Diamond dealCircle, the US fintech behind the USD Coin stablecoin, is to list on Wall Street through a deal with a blank-cheque company chaired by former Barclays chief Bob Diamond....
...Web of offshore companies Ma and Tsai’s interests in Alibaba are held mainly through five offshore companies: JC Properties, JSP Investment, Parufam, PMH Holding and APN Ltd....
...Offshore drilling company Transocean’s seven-year bond raised last year has risen to 87 cents on the dollar from as low as 31 cents in October....
...Houston’s Diamond Offshore Drilling filed for bankruptcy on Sunday with debts of more than $2.6bn, blaming the “unprecedented” impact of an oil price war and the coronavirus pandemic....
...Houston-based Diamond Offshore Drilling filed for Chapter 11 in April. With total debts close to $7bn, Seadrill’s fate is in the hands of creditors who have few options beyond an equity swap....
...There have been 33 filings to date, including Chesapeake, Whiting Petroleum and Diamond Offshore Drilling. There were only 14 last year....
...This process judged the bonds of bankrupt Texan oil company Diamond Offshore Drilling to be worth a little over 7 cents on the dollar last month, for example....
...The Bermuda-headquartered company, which owns one of the world’s largest fleets of ships that transport oil from offshore drilling sites, issued its green bond earlier this month....
...And Davy with the bigger picture: The result of the Marina-1 well in the Tumbes Basin offshore Peru, while disappointing, should be seen in the context of the normal risk profile associated with drilling...
...His first big success came after geologists stumbled upon a huge nickel deposit in Voisey’s Bay in Canada while looking for diamonds....
...Arnaud Soirat, the head of Rio’s copper and diamonds business, welcomed the decision by the ministry of mining....
...Further drilling and testing will be carried out at Glengorm to appraise the resources but Kevin McLachlan, Total’s senior vice-president for exploration, said results had been at the “top end of expectations...
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