EnergyWatch

Minor shareholders could block DOF's restructuring

A group of rebellious minor stakeholders have grown to have such a voice among offshore carrier DOF's shareholders that they could block a restructuring of the company, reports Norwegian media.

Photo: Patrick Hill

A group of small shareholders of crisis-stricken Norwegian offshore carrier DOF has grown so strong as to be able to block a restructuring of the company, reports Norwegian media Finansavisen.

DOF was founded and is controlled by Helge Møgster, but the financially strained carrier has been in negotiations with creditors on a restructuring for a while now.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Danish government to ban routine flaring by next summer

By next summer, flaring of excess gas will no longer be permitted in the Danish part of the North Sea unless strictly necessary for the safety of employees. The government’s ban on routine flaring comes in the wake of EnergyWatch’s coverage of the issue.

IEA: Nuclear power set for potential comeback

As the world looks for ways to address the ongoing energy crisis, nuclear power has the potential to play a significant role, notes the International Energy Agency in a just-released report.

Further reading

Related articles

Latest News

See all jobs