Daily Archives: July 22, 2020

Tellurian secures $32.5 million through share sale

By Adnan Bajic US LNG export project developer, Tellurian has lined up a share sale that would rake in $32.5 million. Courtesy of Tellurian The company developing the 27.6 mtpa Driftwood project in Louisiana, has entered into a securities purchase agreement with certain institutional investors for the sale of 35,000,000 shares. The shares will be…

Red quarter for Polarcus as revenues sink

By Adis Ajdin Marine seismic player Polarcus has slipped deeper into the red in Q2 2020 as […] The post Red quarter for Polarcus as revenues sink appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Baker Hughes books bigger quarterly loss

By Nermina Kulovic Baker Hughes saw its loss deepen during the second quarter of the year as its revenues decreased by 21 per cent compared to the same period last year. The post Baker Hughes books bigger quarterly… … Read Full Article Here For more great articles: Offshore Energy Today

Naturgy’s H1 earnings slip

By Adnan Bajic Spain’s Naturgy reported a 30.3 per cent slip in its net income for the first six months of 2020 under the impact of COVID-19. Courtesy of Naturgy The company reported a net income of €490 million ($567.2 million) in the first half of the year. This compares to €703 million ($813.9 million)…

SURF’s up on Anyala and Madu fields

By Adis Ajdin Nigerian National Petroleum Corporation (NNPC) and First Exploration & Production (First E&P) have completed […] The post SURF’s up on Anyala and Madu fields appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

OGTC and ORE Catapult in energy transition alliance

By Adis Ajdin Two UK energy technology and innovation organisations have announced a five-year collaboration to deliver […] The post OGTC and ORE Catapult in energy transition alliance appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

Tellurian, Petronet renew Driftwood LNG talks

By Mirza Duran US LNG export player Tellurian has reportedly renewed talks with India’s Petronet regarding an investment of up to $2.5 billion in its Driftwood development in Louisiana. Driftwood LNG (Image: Tellurian) Tellurian’s 27.6 mtpa Driftwood project sustained a major setback in May when a preliminary deal with Petronet LNG fell through. Following the…

Chariot CEO steps down

By Nermina Kulovic Chariot Oil & Gas CEO, Larry Bottomley, has stepped down from the company with immediate effect and two others have joined the board. The post Chariot CEO steps down appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today