Study Group: Offshore Rigs and Vessel Construction Experts(?)
Council Members in this Study Group: 56
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Leading Experts in this Study Group
Eric Smith
Professor and Associate Director
A.B. Freeman School of Business, Tulane University
Eric Smith is a Professor and Associate Director of the Entergy-Tulane Energy Institute at A.B. Freeman School of Business at Tulane University. Mr. Smith has experience in conducting market and economic analysis of offshore construction and drilling operations world wide and directing feasibility studies...
Craig MarstonManaging Director
CEM Marine
Craig Marston is Managing Director at CEM Marine, a firm providing consulting services in the maritime and shipping industry. Mr. Marston has more than 20 years of experience in the maritime industry, including Profit and Loss (P&L) responsibility for the largest US-flag fleet of ocean-going dry bulk...
Philip HyattManaging Partner
Petronomics Partners Of Texas
Philip Hyatt is the Managing Partner of Petronomics Partners of Texas, a consulting firm providing economic analyses to oilfield service providers, and exploration and production (E&P) operators. Mr. Hyatt has more than 30 years of experience at various executive levels, primarily in line management...
Subsea Manager
CHEVRON CORPORATION
James Ritter is a Subsea Manager at Chevron. Mr. Ritter is responsible for the Tombua Landana Deepwater Project in Angola, West Africa. He has experience in design, installation, and operation of offshore pipeline systems. Mr. Ritter also has experience in oil and gas pipelines and subsea systems for...
Wojtek WeckiewiczPresident
Deep Ocean Consultants
Wojtek Weckiewicz is the president of Deep Ocean Consultants, a consulting firm in the oil and gas industry. Mr. Weckiewicz has more than 20 years of experience in the oil and gas industry. He has experience in construction and operation of crude oil and liquefied gas tankers, subsea project management,...
Roger VernonFounder
Vernon Associates Ltd
Roger Vernon is the Founder of Vernon Associates; a firm providing consulting services in the oil and gas industry. Mr. Vernon has more than 33 years of experience in managing offshore drilling operations. He specializes in sub sea exploration and production projects in the North Sea and has extensive...
Principal
Mitchell Consulting Group
Walter Mitchell is Principal of Mitchell Consulting Group (MCG). MCG provides rigorous research, analysis, and advisory services for stakeholders in the US and international maritime sectors. Mr. Mitchell has more than 30 years of experience in these sectors working for clients that include industrial...
Allen MayCEO & Co-Founder
Elang Energy
Allen May is the CEO and Co-founder at Elang Energy, a new exploration and development (E&P) business, a company focused on exploration and development of oil and gas in the Asia Pacific region. Prior, he was the President of Samson-International, an E&P business unit focused on the international arena...
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GLG NewsSMAnalyses by this Study Group's Leading Experts(?)
Navios' prediction that up to half of the dry bulk orderbook through 2010 will be canceled won't happen.
Iron ore and steel production cut backs, whether short-term or longer, do not support the current abysmal dry bulk shipping rates.
Tradewinds reported on USS' SEC filing on a likely write-down of their fleet values, continuing the problems facing the Jones Act tanker company.
Hailed as a "no brainer" by analysts, Genco's forfeiture of over $50M in deposits to cancel the purchase of 6 new ships is nevertheless a bad indicator of how the company will fare going forward.
Tradewinds quoted Fearnley Fonds as suggesting that EGL is already in breach of its debt covenants due to falling asset values and that dividend cuts will be necessary. While dividend cuts are inevitable, true asset values are higher than suggested.
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Most Common Company Types:
- Consulting Firm (ei)
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- Offshore Service Vessel Contractor (ei)
- Offshore Construction Contractor (ei)
- Oilfield Equipment Manufacturer (ei)
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- Ship Broker (ei)
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