Topic: Markets

Coronavirus likely to spur decommissioning frenzy

With few profitable investment opportunities left as a result of the coronavirus, oil companies will likely increase their spending on decommissioning contracts. Global projects through 2024 could reach a value of 42 billion dollars, say...Read more
|Comment|author: Mariska Buitendijk

Towage company Kotug completes acquisition of Marsol

Kotug International has acquired full ownership of Marsol International Ltd. The addition of the offshore and marine terminal service centre is meant to strengthen Kotug’s position in the maritime services industry in the Middle East. ‘Although...Read more
|Comment|author: Mariska Buitendijk