# Offshore Crisis, the 2020.... version **URL:** \ **Category:** Offshore\ **Created:** [April 27, 2020, 10:03am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169 "2020-04-27T10:03:21Z")\ **Posts on this page:** 20\ **Page:** 13
**Author:** ![Captain\_Paperwork](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/captain_paperwork/32/18499_2.png) [@Captain\_Paperwork](https://forum.gcaptain.com/u/Captain_Paperwork)\ **Post date:** [September 13, 2020, 12:39am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/244 "2020-09-13T00:39:19Z")
Every sentence that begins “The UN…” I generally ignore. The UN are an evil corrupt political organization masquerading as our friends. They are generally hopeless at predictions because rvery prediction supports their agenda, support China and communism at every opportunity and want us to live in a world reminiscent of the 1500’s. I think their blueprint is “Animal Farm” and no prizes for guessing who will be the pigs. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 13, 2020, 12:46pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/245 "2020-09-13T12:46:45Z")
The US was the instigator to the creation of the UN and has hosted the HQ ever since. UN has been seen as “controlled by the US” by the rest of the world until recently. This obviously had to do with the fact that US was (and is) the biggest contributor to the UN budget owing to it being the biggest single economy in the world. But the fact that the US used it’s veto in the Security Council frequently may also have been part of the reason for the perception. That and bribing or bullying smaller countries to “toe the US line” . Don’t worry, no “black UN helicopters” are coming to get you anytime soon. The UN doesn’t have an Army, Navy or Air Force and the helicopters they charter, mostly from Ukraine, are painted white. They are used to ferry humanitarian UN personnel around in so called “Sh\*thole countries”, not for military purposes. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [September 13, 2020, 12:56pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/246 "2020-09-13T12:56:16Z")
the USA had to create the UN as the rest or the world kept and still does create wars between themselves and yet they do that knowing they will buy the arms from the USA. ( they are laughing at many of those despots) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 13, 2020, 1:06pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/247 "2020-09-13T13:06:39Z")
> [@powerabout](#): > > they are laughing at many of those despots And many of the Despots are laughing back. (They are not the only ones that laugh of US under the present administration though) BTW; Trump like to hobnob with despots. He MAY even plot to become one himself. ---
**Author:** ![Emrobu](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/emrobu/32/6696_2.png) [@Emrobu](https://forum.gcaptain.com/u/Emrobu)\ **Post date:** [September 14, 2020, 12:19am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/248 "2020-09-14T00:19:57Z")
> [@spork](#): > > I’m struggling to find a list of countries who have banned oil and gas extraction but the ones listed at the link below lists New Zealand, France, Costa Rica, Belize, Iceland, Sweden, Spain and Ireland as having banned or in the process of banning oil and gas extraction. New Zealand: They have one of the oldest petroleum industries in the world. I went there as an offshore worker. If they banned petroleum, are they also going to ban airplanes? I think airplanes are important to a them, despite their love of flightless birds. Iceland: Doesn’t have any exportable energy, and they take care of most of what they need with geothermal resources, anyway… so that’s like banning Chicago style pizza in New York. (I don’t know why they even call it pizza: its clearly a nasty casserole.) Ireland: just closed [Kinsale](https://www.oedigital.com/news/480002-ireland-kinsale-gas-fields-cease-production-after-42-years-online) because it has been produced… so that’s like banning passenger pigeon pie. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [September 14, 2020, 12:22am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/249 "2020-09-14T00:22:37Z")
maybe but the USA is on the receiving end of the money ---
**Author:** ![Emrobu](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/emrobu/32/6696_2.png) [@Emrobu](https://forum.gcaptain.com/u/Emrobu)\ **Post date:** [September 14, 2020, 12:45am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/250 "2020-09-14T00:45:11Z")
And tragically on the receiving end of weapons they sell, as well. Its shocking when you try to trace back the causes for the causes of even one American soldier’s death. The MIC makes oil extraction look like crowning glory of economic morality. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [September 14, 2020, 1:08am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/251 "2020-09-14T01:08:02Z")
yes, can you imagine how the world would look if the major economies had their own oil and the middle east had none going back 50 years? ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 14, 2020, 10:32am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/252 "2020-09-14T10:32:34Z")
No, but I’m sure you will tell us it would be a peaceful utopia of nothing but rich and happy people, at least in “western countries”. PS\> Australia and New Zealand are incl., although they are in the Far East. (Far South East to be precise) ---
**Author:** ![Hogsnort](https://avatars.discourse-cdn.com/v4/letter/h/ba8739/32.png) [@Hogsnort](https://forum.gcaptain.com/u/Hogsnort)\ **Post date:** [September 14, 2020, 7:30pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/253 "2020-09-14T19:30:29Z")
We have a left of centre government at present under the mixed member parliamentary system. This is the system in Germany and it means it is unlikely that any one party can govern alone. The present government is composed of 3 parties, the slightly left of centre majority Labour Party, New Zealand First, a party that doesn’t know where it is and the Green Party. It was the Green Party who made it a condition on joining the coalition to pull the plug on the oil industry and overnight a lot of people lost their jobs. There were two big earners in Taranaki, where the oil industry was based, Black and White up until when I retired. The area has tremendously fertile soil and high rainfall and the Dairy Industry was flat out exporting to China and other countries. Then there was the oil industry paying good wages. The dairy industry went through a rough patch but is now emerging and the oil industry has all but gone. We have elections in just under 6 weeks. ---
**Author:** ![SeaEagle](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/seaeagle/32/17788_2.png) [@SeaEagle](https://forum.gcaptain.com/u/SeaEagle)\ **Post date:** [September 14, 2020, 8:29pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/254 "2020-09-14T20:29:03Z")
Bug, Powerabouts hypothetical question deserves pondering. What if the middle east didn’t have oil?Just to throw my 2 cents in, the fight over oil would shift to the continents/countries that do have oil. Weapons sales would be the same, just different customers and sellers. Am sure USA would get a piece of that regardless. We have some decent shit that’s always on sale. ---
**Author:** ![Lee\_Shore](https://avatars.discourse-cdn.com/v4/letter/l/e9bcb4/32.png) [@Lee\_Shore](https://forum.gcaptain.com/u/Lee_Shore)\ **Post date:** [September 14, 2020, 8:43pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/255 "2020-09-14T20:43:33Z")
> [@SeaEagle](#): > > What if the middle east didn’t have oil? The tribal chiefs would still be living in tents instead of palaces built with the finest marble from Italy and riding camels instead of riding in the back of chauffeur driven gold plated Rolls Royces or wrecking Lamborghinis as if they were disposable go karts. ---
**Author:** ![SeaEagle](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/seaeagle/32/17788_2.png) [@SeaEagle](https://forum.gcaptain.com/u/SeaEagle)\ **Post date:** [September 14, 2020, 9:25pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/256 "2020-09-14T21:25:34Z")
Been waiting on a chuckle all day. Thx Lee\_Shore. That’s a good one. Now I can go cut my lawn before this friggin rain shows up again. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [September 15, 2020, 12:41am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/257 "2020-09-15T00:41:00Z")
that was assuming the USA had its own supply so didnt need to go anywhere for oil ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 15, 2020, 12:33pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/258 "2020-09-15T12:33:03Z")
Looks like Seadrill has a few dollars in the bank after all: > **[Seadrill buys out Mermaid Maritime to take full control of Asia Offshore...](https://splash247.com/seadrill-buys-out-mermaid-maritime-to-take-full-control-of-asia-offshore-drilling/)** > > John Fredriksen’s Seadrill has agreed a deal to buy out Thailand’s Mermaid Maritime to take full control of Asia Offshore Drilling. The joint venture owns three jackup rigs, and Seadrill is paying $31m to acquire the Thai company’s 33.76% stake.... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 18, 2020, 10:29am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/259 "2020-09-18T10:29:33Z")
Saipem issued early termination for Solstad\*s CSV Nordman Maximus: > **[Solstad CSV given early termination by Saipem - Splash247](https://splash247.com/solstad-csv-given-early-termination-by-saipem/)** > > Solstad Offshore has received a notice of early termination from Saipem Portugal for the charter of 2016-built construction support vessel . The original charter, which commenced in 2016 upon delivery of the vessel, was for eight years although the... > [@](#): > > The early termination will see the charter end after just four years, leaving Solstad with a loss of backlog of around $200m, although the company will receive a termination fee of around $45m. But Solstad will still have one of the most sophisticated CSVs on the market. Only question is, are there any takers?? ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 18, 2020, 10:34am UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/260 "2020-09-18T10:34:45Z")
DOF Subsea gets a contract for Skandi Seven in Angola: > **[DOF Subsea secures African field support contract - Splash247](https://splash247.com/dof-subsea-secures-african-field-support-contract/)** > > Norway’s DOF Subsea has been awarded an integrated field support vessel (FSV) contract with an international oil company in Angola. The project will utilise 2008-built OSCV for a minimum of 303 vessel days, with an option available for a further 365... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 19, 2020, 3:00pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/261 "2020-09-19T15:00:20Z")
Harvey Gulf is finding new ways of employing it’s PSVs to beat the offshore crisis: > **[Harvey Gulf Enters Lightering Vessel Support Market With 4x220’ PSV’s](https://maritime-executive.com/corporate/harvey-gulf-enters-lightering-vessel-support-market-with-4x220-psv-s)** > > Harvey Gulf International Marine announced that it has begun converting four 220 DPS-2 Platform Supp... ---
**Author:** ![c.captain](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/c.captain/32/807_2.png) [@c.captain](https://forum.gcaptain.com/u/c.captain)\ **Post date:** [September 29, 2020, 3:49pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/262 "2020-09-29T15:49:10Z")
more and more analysis that TO can’t make it long term either without restructuring. Short of some kind of turnaround in demand for their services, eventually there will be liquidations of the deepwater drilling companies. I believe half of all deepwater drillships are stacked at present with more headed that way. [Transocean: Survivability Problems Are Piling Up](https://seekingalpha.com/article/4376664-transocean-survivability-problems-are-piling-up?utm_medium=email&utm_source=seeking_alpha&mail_subject=rig-transocean-survivability-problems-are-piling-up) I honestly never thought such an utter collapse of the industry was possible but we are all watching it happen before our own eyes. ---
**Author:** ![spork](https://avatars.discourse-cdn.com/v4/letter/s/df705f/32.png) [@spork](https://forum.gcaptain.com/u/spork)\ **Post date:** [September 29, 2020, 7:08pm UTC](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169/263 "2020-09-29T19:08:38Z")
The comments under that article are entertaining, Hussein Ayoub is accusing the article writer of trying to create panic to benefit short sellers. [Previous page](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169.md?page=12) [Next page](https://forum.gcaptain.com/t/offshore-crisis-the-2020-version/55169.md?page=14)