Monday, January 26, 2015
oceanographia osa goliath vessel

Oceanografia Bondholders Suffer Collateral Damage

When Mexico seized oil contractor Oceanografia SA a year ago over loan-fraud allegations, at least one class of creditors took solace: those with claims to Goliath, a ship worth about $245 million, or 53 percent more than what they were owed.

January 26, 2015
Total Views: 39

Thursday, October 9, 2014
Maritime News

Mexico’s Alemans Plans Investment for Controlling Stake of Oceanografia

Mexico’s Aleman family, owner of the airline Interjet, said it reached agreement to make a capital injection into bankrupt oil-services provider Oceanografia SA to obtain a controlling stake.

October 9, 2014
Total Views: 1

Thursday, August 21, 2014

Oceanografia Ships Sit Idle Amid Losses -Source

Mexico’s takeover of Oceanografia SA is proving anything but a rescue for the oil services provider.

August 21, 2014
Total Views: 24

Wednesday, July 16, 2014
posh fleet

Amid Oceanographia Fraud Scandal, Grupo Pegaso Partners with POSH in Mexico

PACC Offshore Services Holdings Ltd (POSH), Asia’s largest operator of offshore supply vessels announced today that Mexican conglomerate Grupo Pegaso has signed a term sheet for a position with their company’s...

July 16, 2014
Total Views: 7

Wednesday, June 4, 2014
Oceanografia SA Chief Executive Officer Amado Yanez

Oceanografia CEO Said to Post Bail After Citigroup Fraud Arrest

By Ben Bain and Nacha Cattan June 4 (Bloomberg) — Oceanografia SA Chief Executive Officer Amado Yanez posted bail after his arrest on charges related to a fraud alleged by...

June 4, 2014
Total Views: 4

Thursday, May 29, 2014

Oceanografia CEO Detained Amid Fraud Probe

Mexican authorities issued an arrest warrant for the chief executive officer of Oceanografia SA, the oil services provider seized by the government after Citigroup Inc.’s local unit alleged a $400 million loan fraud.

May 29, 2014
Total Views: 5

Monday, March 24, 2014
oceanographia osa goliath vessel

Oceanografia CEO Held For Questioning In Citigroup Fraud Case

MEXICO CITY, March 23 (Reuters) – The chief executive of a major Mexican oilfield services company was held for questioning on Saturday in connection with a fraud investigation that forced...

March 24, 2014
Total Views: 1