Tagged Environment

GasLog tightens Q2 loss

Rate this article By Adnan Bajic Greece-based LNG shipping company GasLog tightened its losses in the second quarter of the year. Courtesy of GasLog The shipper reported a loss of $21.3 million for the quarter ending June 30, 2020, which compares to a net loss of $26 million reported in the corresponding quarter in 2019….

Repsol swings to loss as asset impairments bite

Rate this article By Nermina Kulovic Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment. The… … Read Full Article Here For more great articles: Offshore Energy Today

BP plans to drill Ironbark well in October

Rate this article By Nermina Kulovic BP’s environment plan for the Ironbark-1 exploration well has been approved by the Australian offshore regulator, NOPSEMA, and BP is preparing to drill the well in October 2020. The post BP plans… … Read Full Article Here For more great articles: Offshore Energy Today

Woodside’s revenues sink despite record output

Rate this article By Nermina Kulovic Australian energy giant Woodside saw its quarterly revenues drop despite record-high output in the second quarter of 2020 affected by low oil price environment. The post Woodside’s revenues… … Read Full Article Here For more great articles: Offshore Energy Today

Santos plans to leave Tern wellhead on site

Rate this article By Nermina Kulovic Santos has filed its environment plan for the abandonment of the Tern-1 wellhead to the Australian offshore regulator and the plan is now under assessment. The post Santos plans to leave Tern… … Read Full Article Here For more great articles: Offshore Energy Today

ExxonMobil preparing for P&A campaign off Australia

Rate this article By Nermina Kulovic ExxonMobil’s environment plan for the plug and abandonment of Seahorse/Tarwhine wells offshore Australia is now under assessment by the Australian regulator. The post ExxonMobil preparing for… … Read Full Article Here For more great articles: Offshore Energy Today

Woodside getting ready for exploration well offshore Australia

Rate this article By Nermina Kulovic Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator. The post Woodside… … Read Full Article Here For more great articles: Offshore Energy Today

Trelleborg unveils interactive environment online tool

Rate this article By Adis Ajdin Trelleborg’s offshore operation has developed the Mimir Offshore Interactive Environment, part of Mimir Digital […] The post Trelleborg unveils interactive environment online tool appeared… … Read Full Article Here For more great articles: Offshore Energy Today

Dunkirk LNG activities high despite COVID-19 effects

Rate this article By Adnan Bajic Dunkerque LNG, the operator of France’s Dunkirk liquefied natural gas (LNG) terminal, noted the activities remained positive despite the COVID-19 situation. Courtesy of Dunkerque LNG Commenting on the first four months of operation in 2020, Dunkerque LNG sales director, Cédric Vandenbroucke, said, “The re-gasification rate reached an average of…

Wintershall Dea books quarterly loss, cuts capex

Rate this article By Nermina Kulovic Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment. The post Wintershall Dea… … Read Full Article Here For more great articles: Offshore Energy Today