DECEMBER 7, 2018 — Esbjerg, Denmark, headquartered specialist offshore service vessel operator Esvagt sees growth opportunities as a result of expected higher oil and gas production from the Barents Sea. Reserves in the area are substantial: As recently as 2017, the Norwegian Petroleum Directorate updated its evaluation of the oil and gas reserves to over 17 billion barrels; a doubling of earlier estimates used so far.
Esvagt says it possesses the particular skills required for operating in...