CEO on Statoil contract: "Important in today's market"

It came as very good news at a tough time for the offshore sector when Statoil this Wednesday awarded long-term vessel contracts to four carriers for a total value of NOK 3.1 billion. "It's important to secure long-term contracts in today's market," DOF's Chief Exec tells E24.

by NIKLAS KRIGSLUND

It hit a dry spot when oil major Statoil awarded substantial contracts for offshore vessels this week.

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Statoil signs long-term contracts for offshore ships
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Norway's new major carrier dubbed a "risky venture"
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Norway's top offshore carriers have cut a fourth of the workforce
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