Daily Archives: July 30, 2020

Eni slips to loss, cuts capex

Rate this article By Nermina Kulovic Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis. The post Eni slips to… … Read Full Article Here For more great articles: Offshore…

Plexus seals POS-GRIP deal with Spirit Energy

Rate this article By Adis Ajdin Plexus has secured a purchase order for a POS-GRIP surface production wellhead system from […] The post Plexus seals POS-GRIP deal with Spirit Energy appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Shell books $18 billion loss on huge impairment charges

Rate this article By Nermina Kulovic Shell booked a loss of $18.1 billion in the second quarter of 2020 due to huge impairments as it cut its price outlook in response to the coronavirus pandemic and the oil price crisis. The post… … Read Full Article Here For more great articles: Offshore Energy Today

Total logs profit despite COVID-19 effects

Rate this article By Adnan Bajic Total reported a 96 per cent drop in adjusted profit for the second quarter of 2020 due to lower prices and COVID-19 effects. The post Total logs profit despite COVID-19 effects appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

TechnipFMC quarterly earnings dip

Rate this article By Adis Ajdin TechnipFMC has reported second-quarter 2020 profit of $12 million or 3 cents per diluted […] The post TechnipFMC quarterly earnings dip appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Total sells Gabon assets to Perenco

Rate this article By Nermina Kulovic French oil major Total has decided to divest its portfolio of mature non-operated assets located offshore Gabon to Perenco. The post Total sells Gabon assets to Perenco appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Karoon CEO to retire after 16 years at the helm

Rate this article By Nermina Kulovic Karoon Energy’s founder and long-standing CEO and Managing Director, Robert Hosking, is retiring from the company at the 2020 Annual General Meeting. The post Karoon CEO to retire after 16 years at… … Read Full Article Here For more great articles: Offshore Energy Today

Apache in fresh oil discovery offshore Suriname

Rate this article By Nermina Kulovic Apache has made what it says is a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The post Apache in fresh oil discovery offshore Suriname appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

Shell’s second-quarter LNG sales drop

Rate this article By Mirza Duran The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural […] The post Shell’s second-quarter LNG sales drop appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today