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26/11/2014at 08:58

Welltec could soon be hit by declining oil

The drastic decline of the oil price in recent months has not yet affected Welltec noticeably, but the company's CFO, Jesper Helmuth Larsen, cannot rule out that this will happen, he tells ShippingWatch.
BY LOUISE VOGDRUP-SCHMIDT

The decline of the oil price to less than USD 80 has affected a big part of the oil industry, though the drop has apparently not yet hit Danish supplier Welltec. But it would be strange if this does not happen, says Welltec CFO Jesper Helmuth Larsen.

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