COLUMN | Petrofac-ed, the Wood Group and Petroserv: restructurings and transformation [Offshore Accounts]

“Fix the balance sheet before you fix the business.” This was the sage advice we gave two weeks ago when we compared Tidewater to its moribund and indebted competitors. We noted that Hornbeck, Bourbon, and Edison Chouest still have some way to go in resolving their balance sheet problems. But if...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-petrofac-ed-the-wood-group-and-petroserv-restructurings-and-transformation-offshore-accounts/

Odfjell boss Fotland appointed president of Norwegian Shipowners’ Association

Harald Fotland, the chief executive of chemical tanker owner Odfjell, has been elected president of the Norwegian Shipowners’ Association after serving as vice president for the past two years. Fotland, who has been at the helm of Odfjell since May 2022 and is also a board member at the European...

https://splash247.com/odfjell-boss-fotland-appointed-president-of-norwegian-shipowners-association/

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