Songa Offshore: Norwegian market set to decline in 2014

The rest of 2014 will continue to be characterized by a declining activity level on the Norwegian shelf, says Songa Offshore in its 2nd quarter interim report.

The decline in activity on the Norwegian shelf does not look set to stop in 2014, says Norwegian-Cypriot rig company Songa Offshore when pointing to expectations for the rest of the year, according to the company's 2nd quarter interim report, which shows a growing business and profit, though the bottom line looks stark following massive impairments.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs