Daily Archives: August 3, 2020

Chevron posts massive $8.3 billion loss

Rate this article By Bojan Lepic U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020. The post Chevron posts massive $8.3 billion… … Read Full Article Here For more great articles: Offshore Energy Today

U.S. offshore rig count at 12 for four weeks straight

Rate this article By Bojan Lepic The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units, according to a Friday report by Baker Hughes. The post U.S. offshore rig… … Read Full Article Here For more great articles: Offshore Energy Today

Hill International picked as Cyprus LNG owner’s engineer

Rate this article By Adnan Bajic Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project. Courtesy of Ministry of Energy, Commerce and Industry of Cyprus The company has been selected by the Natural Gas Infrastructure Company of Cyprus (ETYFA) to lead an international consortium. With a budget of…