ShippingWatch

Pressure on Norwegian offshore continues throughout 2018 despite higher oil price

Massive oversupply in large parts of the rig market along with too many supply vessels mean that 2018 will be tough for the already squeezed offshore sector, say several Norwegian players to Shippingwatch.

Photo: Colourbox

OSLO

2018 will be a tough year for the already squeezed offshore sector in Norway.

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