“Now, after months of pandemic pressure and with no bailout forthcoming from Norway, it appears the airline may be nearing the end of the road.” – by Gabriel Leigh
Norway
Norway’s Biggest Bank Sees More But Small-Scale Oil Industry Restructuring Ahead (Oilprice)
“According to DNB’s chief executive, the industry is likely to further consolidate, but deals now will be more ‘event-driven’. The most restructuring ahead is expected in the two markets that are still in overcapacity: rigs and offshore supply vessels.”