EnergyWatch

DNB is in its fifth year of working to restructure strained drilling and supply companies

Major bank DNB is currently not focusing on financing new transactions in the supply and drilling space but rather on restructuring the sector after a series of tough years. A large number of customers have undergone restructurings, Global Head of Ocean Services says to EnergyWatch's sister media, ShippingWatch.

Photo: Stig B. Fiksdal

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Oil companies’ upturn expected to spread slowly to drilling

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.

Nordkraft hit hard by tough 2020

Due to low power prices, the Norwegian power company exited 2020 down NOK 141.04m. But Nordkraft's merger with Hålogaland is providing some respite and hope for a better 2021.

Further reading

Related articles

Latest News

See all jobs