Aberdeen-headquartered Dolphin Drilling (OSLO: DDRIL) has said "up to 500 offshore vessels" in the North Sea could be affected by court decisions in its ongoing dispute with tax officials.
More than a dozen countries with crucial global shipping hubs agreed to ease port and border restrictions for seafarers to help the more than 200,000 workers still stranded on vessels return home.
The wait for a “significant pick up” in the North Sea’s subsea vessel market is likely to continue until 2021, according to a leading shipbroking firm.
Aberdeen-based catering and facility-management business Entier is to add a further 85 people to its workforce after winning a three-year deal with energy service company Technip.
Drilling contractor KCA Deutag said yesterday it was considering buying new offshore vessels after taking a step forward in its plans to grow in south-east Asia.