Ineos maintains time frame for CSS project despite skepticism
A consortium led by the oil company Ineos is aiming for an investment decision for the CSS project Greensand in the third quarter. But first the politicians need to step up to the plate and work out a regulatory framework and financing options, says Mads Weng Gade, COO at Ineos
Oil companies are on the road to recovery thanks to rising oil prices, but their appetite for new investments is restrained. As a result, the troubled drilling sector must exercise patience as it waits for activity levels to improve, two stock market analysts tell ShippingWatch.
Even though the OEM has done a fine job handling Covid-19, according to Vestas' CEO, the outbreak that's still affecting the Ringkøbing factory has provided insights on what happens when anti-contagion protocols slacken.