Archive for December 14th, 2011
Seadrill Mulls Brazilian Venture
Bermuda’s Seadrill Limited is contemplating expanding its product range with an ambition to offer a wider range of oilfield services in Brazil. The company announced today [Dec. 14] that such expansion could include a joint investment with SapuraCrest Petroleum Bhd, or SapuraCrest, which recently, through a wholly owned subsidiary, entered into... Read more of this article
Benchley: Romance Of Bermuda’s Wrecks
He once said Teddy Tucker brought the world to Bermuda and Bermuda to the world. But novelist and ocean explorer Peter Benchley [pictured] deserves no small degree of credit for arranging the introduction. The one-time White House speechwriter and “National Geographic” correspondent played a large role in nudging the Bermudian adventurer... Read more of this article
Torus Buys First Sealord Surety
Bermuda global specialty insurer Torus has launched a new surety company and has agreed to acquire Pennsylvania-based First Sealord Surety Inc., A.M. Bests news service reported yesterday [Dec. 13]. Torus Surety will provide contract surety to small and midsize construction contractors in the United States. The company also hopes to offer commercial... Read more of this article
