Offshore

P&O Logistics boss does not believe in an oil market in the North Sea

The oil market is completely fragmented on a global level, says P&O Maritime Logistics CEO. Certain areas will transition to green operations much quicker. 
P&O Maritime Logistics chief executive Martin Helweg expects the future of oil to belong to the National oil companies. | Photo: P&o Maritime Logistics
P&O Maritime Logistics chief executive Martin Helweg expects the future of oil to belong to the National oil companies. | Photo: P&o Maritime Logistics
by IDHA TOFT VALEUR

The Dubai-based offshore company P&O Maritime Logistics (POML) does not see a market for oil and gas in the North Sea going forward. 

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