Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    DOF Subsea pulls plans for IPO

    Company News // June 19, 2017

    DOF Subsea has decided not to press ahead with plans for an IPO.

    "The general market sentiment for the oil service sector has been volatile, and oil price as well as pricing of oil services stocks has dropped significantly. Despite receiving solid support for the DOF Subsea business case, the shareholders have concluded to await an improvement in stock market conditions before initiating an IPO," the company said.

    More articles from this category

    More news