Esvagt notes progress after renewed interest in oil and gas: "It's been significant"

Mounting assignments and improved day rates have invigorated the Danish offshore service operator. Development over the past six months contrast sharply with activity levels seen in recent years.

Standby vessel Esvagt Corona is among those the carrier is using for safety tasks in the Danish part of the North Sea. | Photo: Esvagt

Stronger appetite for new oil and gas has galvanized Esvagt’s chartering business, explains Jens Bagger, Head of Chartering at Danish offshore service operator Esvagt, which provides supply and safety vessels for oil and gas producers.

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