Offshore comes together in the 'new normal'

摘要

Faced with a combination of the Covid-19 pandemic and the economic pressures associated with it, IMCA has focused on bringing together its members in these unprecedented times. Employing its usual can do' attitude, the offshore industry has tried to adjust to the impact of the low oil price environment, which has led to restructuring, with significant asset impairments announced by the super majors and the inevitable reorganisation strategies in play.