'Time is ripe' for new wave of North Sea M&A deals

Analysts see further asset transactions in prospect as low oil prices and oil company cutbacks amid coronavirus crisis present cut-price buying opportunities

Changed hands: Okea has taken over the Draugen platform from Shell
Changed hands: Okea has taken over the Draugen platform from ShellPhoto: ABB/OKEA
Published 8 April 2020, 13:47Updated 8 April 2020, 13:47