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Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a three-year contract with North Oil Company offshore Qatar. The company said the contract is for Valaris JU-110, a heavy-duty modern jack-up. Valaris said the contr...

A subsidiary of Bermudian-headquartered global speciality re/insurer SiriusPoint Ltd has appointed a chief revenue officer. Mike Ross has joined ArmadaCare, which operates in the employer-sponsored health insurance market. The company said he will be...

Private equity firm TA Associates has announced a significant minority investment in Bermudian-based global financial services provider Apex Group Ltd. Apex is majority-owned by Genstar Capital, a private equity firm focused on investments in targete...

Kelvin Lam has joined Deloitte Bermuda as a partner to launch the organisation’s newly rebranded actuarial and insurance solutions practice. The professional services firm said Mr Lam joined from the Deloitte Toronto office on June 1 and will lead th...

Bermudian-based SFL Corporation Ltd has agreed to acquire two medium-sized container vessels in combination with long term charters to a leading container line. The company said the vessels are modern eco-design built in 2013 and 2014 with approximat...

Bermudian-based energy outfit Höegh LNG Partners LP made sweeping changes to its board of directors at its annual meeting this week. A resolution was passed to re-elect David Spivak as a class three director of the partnership, whose term will expire...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a three-year contract with Chevron in the US Gulf of Mexico. The company said the contract is for drillship Valaris DS-18 (Relentless). Valaris said the contract is ...

The Bermuda Business Development Agency is to host a climate risk finance seminar on June 23 in association with Rims, the risk management society. Roland Andy Burrows, chief executive officer of the BDA, said the online seminar will feature climate ...

A company that has applied for a digital asset business license in Bermuda has won a pitch competition at the Bitcoin 2021 conference in Miami. 24 Exchange Bermuda Ltd said it was selected as one of 12 finalists from more than 140 applicants as a sho...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a two-well contract extension with Equinor Energy AS offshore Norway. The company said the contract is for Valaris JU-291 (Stavanger), a heavy-duty ultra-harsh envir...