“Like all businesses, we face challenges - from procurement cycles to wage and energy inflation - but the worst of the inflationary effects would appear now to be behind us, and we look forward to increasing our margins as we build out our rapidly growing order book.”
Those eagerly awaiting the arrival of Shell’s (LON: SHEL) first new manned vessel in the UK for 30 years will have to wait a little longer after a delay to sailaway was confirmed.
BW Offshore has sold off another of its floating production vessels and appointed a new chief strategy officer as it continues its repositioning efforts.
This is the stunning ship set to become a familiar feature at Montrose Port in its key role for the multi-billion pound Seagreen wind farm off the Angus coast.