Offshore carrier Bourbon has taken several hits during the crisis, and the carrier's operating loss grew in the first half of 2017 to a deficit of EUR 90.8 million against EUR 28.3 million in the same period last year, shows the report published Thursday.
Net earnings were under pressure with a EUR 170.4 million deficit compared with EUR 87.3 million in the first half of 2016. A EUR 50 million currency loss over the period was a key factor, writes the carrier.
CEO Jacques de Chateauvieux does not give a prediction for when the downturn in the offshore market will end, but stresses in the report that the company will fight to withstand challenges.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Falling demand could severely affect Tesla's bottom line
For the first time in two years, Tesla saw a decline in deliveries in the second quarter. A potential recession, accompanied by falling demand, could pose a bigger challenge for Tesla, says analyst.
OPEC Secretary-General dead at 63
OPEC Secretary-General Mohammad Barkindo has passed away not long after delivering the keynote speech at an energy summit.
MEPs criticize plan to continue investing in oil and nuclear power
Wednesday, the European Parliament will vote on the disputed proposal, which would spur investments in gas and nuclear power.
Ocean Winds plans 2GW of wind energy in Scotland
The joint venture will use the license won in the Scotwind auction to set up 2GW of capacity along the 429km2 area Caledonia.
Norwegian government steps in, halts brief oil sector strike
Wednesday, Norwegian workers were planning an escalation of the strike, but now the government has intervened to put an end to it.
Can you bring our code of conduct for suppliers to life? 
Business Development Manager 
GIS specialist to develop and operate Evida's systems 
VIKING seeks a Manager for Global Rules and Regulations 
Nordic Wind Consultants is looking for a department manager 
Financial Analyst 
Senior Legal Counsel with a focus on Offshore Renewables 
Recruitment consultant for HR in Energy Fyn 
Commercial Asset Manager 
Software Developer for Algorithmic Trading 
The Climate Council is looking for a student assistant with an interest in the climate area, good understanding of numbers and analytical sense 
Adm. Director of Svendborg District Heating 
Lawyer responsible for development, implementation and enforcement of new legislation 
Operations Engineer with a focus on maintenance 
Business analyst with a passion for making decarbonizing energy easy 
Engineer 
Operational project manager for the green transition