Although the low oil price is pressuring oil companies to cut investments, optimism is still alive, and the German oil and gas producer Wintershall is now using this time to strengthen its position in the southern part of the North Sea, notes the company.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Shipowner associations positive about preliminary climate deal: "We are pleased"
A number of European shipowners’ associations are optimistic about the preliminary ETS agreement, which sets the stage for a gradual phase-in period for shipping.
Box carriers to see big drop in earnings – are fighting for volume already
The leading container liners are still making a lot of money, but earnings will see a steep decline in Q4, forecasts Alphaliner. Carriers have begun ”fighting for volume,” according to Xeneta.
Costamare reveals more details about new dry cargo operator
With a USD 200m commitment, the shipowner has launched a new dry bulk operating platform with presence in a number of shipping hubs.
Frontline with capital appeal to shareholders to get merger approval
The tanker operator will hold back a large Q3 dividend until a decision has been made about the planned merger with competitor Euronav.
EU is hooked on Russia LNG and paying billions to keep it coming
While the EU has banned imports of Russian coal and is about to launch similar measures for oil, the union’s LNG imports from Russia are increasing, and an embargo is not on the horizon.
Head of Sales and Marketing 
Payroll Controller 
Trader 
Project Engineer for the offshore wind industry 
Head of Fuel Concepts 
Crew Manager 
Accountant - Creditor and Payment. Nordhavn, Copenhagen