Shares in Korean-owned shipyard STX Europe — much of the former Aker Yards — lead all stock performances in Oslo on Monday, as oil’s price fall continues to be linked to a culling fuel costs.

STX was up nearly 17 percent in Oslo, followed by liquefied natural gas carrier BW Gas, the largest owner & operator of liquefied petroleum carriers and a major operator of liquefied natural gas carriers.

Ship outfitter Odim was up 3.6 percent, while rig operator Scorpion Offshore was up 3.3 percent despite, in short order, pulling recently pulling out of a rig-building contract (semi-submersible) for want of lending, finding lending for a jack-up rig and finding a job for another.

Scandoil.com affiliate Scandinavian Oil-Gas Magazine will feature a rig-market update in its next edition.

Tags: BW Gas, Scorpion Offshore