Welltec takes a beating in Q1

The oil service company Welltec expects that the worst is over but factors including the US shale market could still cause problems.

BY MATHIAS ØRSBORG JOHANSEN, ENERGIWATCH

The dire state of the oil industry has once again dealt a fresh blow to Denmark's oil service major Welltec.

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Welltec fires ratings bureau after downgrade
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Welltec takes a beating in Q1

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Welltec fires ratings bureau after downgrade

Welltec in red after a run of profitable years

Welltec lands framework agreement with Shell

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs