Oil & GasOffshore contractor Allseas will reduce its workforce by 300 in the course of 2020, which will mostly impact its vessels’ crews. The company says it is forced to do so due to the low oil...Read more
Oil priceAcross the globe, large parts of the offshore fleet are laid up. In a number of areas, as much as half of the active fleet is even involved. According to figures by VesselsValue, South East...Read more