Latest News for: Jack up


A fundamental shift for offshore energy underwriters, say IUMI

Hellenic Shipping News Worldwide 21 Sep 2023
... increase in offshore activity, particularly jack-ups and deep-water ....

Active jack-up rigs in Middle East expected to double driven by Saudi demand

Seatrade Maritime News 21 Sep 2023
Saudi Arabian offshore operators are sitting at the forefront of a boom in the sector, but at the same time with an eye to sustainability, according to John McDonald, President and COO of ABS ... The active jack-up rig count in the Middle East is estimated to double over the next two years driven by growth and investment from Saudi Arabian operators ... .

No strong case for jacking up bank charges: ECB's Wunsch

Reuters 21 Sep 2023
Sept 21 (Reuters) - There are no strong arguments for the European Central Bank to increase mandatory reserves for banks, Belgian central bank chief Pierre Wunsch said on Thursday, weighing in on a key debate about a potential move to tighten policy further. The ECB cut to zero the rate it pays to banks on mandatory reserves earlier this year ... ....

Noble wins jack-up rig contract with TotalEnergies in Argentina

Upstream Online 20 Sep 2023
... of a harsh-environment jack-up rig for work offshore Argentina.

A Fundamental Shift for Offshore Energy Underwriters, Says IUMI

The Maritime Executive 20 Sep 2023
The uplift of 7.3% was largely reflective of the oil price and the corresponding increase in offshore activity, particularly jack-ups and deep-water vessels. Inflation and its impact on asset values was also a factor ... “As we approach peak oil, the growth in lower carbon technology is now accelerating ... She continued ... ....

IUMI presents trends and threats in the maritime industry

SAFETY4SEA 20 Sep 2023
This was exacerbated by rising inflationary pressure, which has driven up the costs of materials, shipyards, and labour ... The uplift of 7.3% was largely reflective of the oil price and the corresponding increase in offshore activity, particularly jack-ups and deep-water vessels.

'Thrown to the wolves': How private investors are jacking up rents and ripping off college students

Business Insider 20 Sep 2023
To enjoy all this, a student just has to find five other friends willing to pony up a total of $8,100 a month for a six-bed, six-bathroom apartment, or come up with as much as $1,900 if they want their own studio ... Schools could step up to provide more housing themselves, but that's much easier said than done.

Noble to reactivate jack-up for work offshore Argentina

Splash24/7 19 Sep 2023
Offshore rig owner Noble has won a contract with French giant TotalEnergies for one of its harsh-environment jack-up rigs ... The estimated contract value is around $33m, excluding mobilization and demobilization fees ... .

Saudi energy minister says oil supply cuts are not about 'jacking up prices,' as Brent ...

CNBC 19 Sep 2023
Saudi Arabia is the world's largest seaborne oil exporter and relies on hydrocarbon revenues to support so-called giga-projects designed to diversify its economy ... .

This hot sector is producing returns like Nvidia’s — and it’s got nothing to do with AI

Market Watch 18 Sep 2023
The VanEck Oil Services ETF has shot up 51% over the last 52 weeks, a period in which the S&P 500 has gained 15% ...Bottom line – no new drill ships, floaters, jack-ups, PSVs etc ... U.S ... Best of the web ... Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box ... Duke up, UChicago down ... News.

'Emily didn't know I was doing this': When John Krasinski admitted Emily Blunt wasn’t aware he was doing his own stunts on Jack Ryan sets

Pinkvilla 16 Sep 2023
John Krasinski once spoke at length about how his wife, actor Emily Blunt wasn’t aware that he was doing stunt work for Jack Ryan ... John Krasinski went all in for his role in Jack Ryan ... John Krasinski upped his game with the latest season of his series Jack Ryan ... John Krasinski once opened up about his experience doing stunt work for Jack Ryan.

Downey football wins battle with St. Paul in nonleague showdown

Press Telegram 16 Sep 2023
Rios showed he’s up to the task Friday in Downey’s 17-7 victory over St. Paul ... He also ran for a TD ... Downey coach Jack Williams understands his young quarterback will have ups and downs but does not lack confidence in his team ... I got you. I know you ... Friday’s performance was certainly an “up” for Rios ... Rios set up Downey’s next score with his athleticism.