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Offshore & subsea

 
 
 

Kvaerner awarded additional scope at Njord A

Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million.

 
 
 
 
 
 
 

VesselsValue: US$10 Billion spent on newbuilds in H1 2018

The enthusiasm for newbuild orders across most shipping markets has started to wane after over US$10 billion were committed in Q1 2018. The total committed to new deliveries is now the lowest since the start of 2016.