Odfjell Drilling beat tough market conditions in offshore to deliver significant growth in earnings in 2020, but the company fears that future financing opportunities are impacted by sliding values and overcapacity.
Offshore ship operator Dof is in protracted talks for a long-term restructuring, and the continuing weak market increases the risks of even bigger losses for the company.
Denmark's new North Sea energy policy has instilled Wintershall Dea with doubts about its future in the country. The German oil and gas group is currently working to find a solution, says COO Dawn Summers in an interview with EnergyWatch.
A Brazilian wind turbine blade manufacturer has taken in a markedly larger-than-expected order to supply equipment for capacity totaling 3.8 GW over the next four years.