News on Norwegian offshore sector.

Greenpeace loses oil case in Norway's Supreme Court, considers EU appeal

Norway's Supreme Court rules 11 to 4 in favor of the state Tuesday after deciding that the issuance of Arctic oil licenses violated neither the country's own legislation on environment nor infringed upon on the health rights of residents. "We are deeply disappointed," says Greenpeace Project Leader Sune Scheller.

Taking stock of a rough year for offshore carriers

One fourth of the entire Norwegian offshore fleet – more than 170 ships – are idled entering 2017, following a year of continuous bad news continuously from the maritime sector in Norwegian offshore.

Norway's Standard Drilling buys more supply ships

Norwegian company Standard Drilling continues its acquisition spree buying used supply vessels at low prices, with its latest investment in a newly established company which has purchased two used PSV vessels for USD 11.7 million.

Aker Solutions looking for profits beyond Norway

Offshore supplier Aker Solutions took a big hit in the third quarter, and the company sees the challenging Norwegian oil service market continue in spite of a more stable oil price. Aker Solutions thus points to a bigger growth potential outside Norway.

Hard-pressed Norwegian offshore carrier given new deadline

Olympic Shipping, controlled by Norwegian businessman Stig Remøy, has been granted an extension on its deal with creditors and now has until Friday to find a solution to the company's problems. Remøy has previously rejected a takeover by Kjell Inge Røkke and his Aker Group.

Several hundred Norwegian oil workers temporarily laid off

More than 300 oil workers have been temporarily laid off during a strike by Norwegian union Industri Energi, which has now lasted a week. The lay-offs relate to companies Baker Hughes, Schlumberger and Halliburton, writes Norwegian media.

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