Offshore & subsea - 23 March 2020

The number of new assignments for the company grew by more than 50%, resulting in more than 70 active work streams in 2019.

The UK offshore industry's representative body warned last week that the industry's position was "paper thin" in the face of the Covid-19 pandemic and the oil price crash.

OKEA has said the Yme offshore project in the Norwegian North Sea, operated by Repsol, remains on schedule for first oil in 2H20.

Production from the White Rose field and its satellite extensions, located 350 km off the coast of Newfoundland and Labrador, is still continuing.