Rate this article By LNG World News Norway’s Hoegh LNG will stop paying dividends to investors as part of a move in reducing costs due to the uncertain environment caused by the coronavirus pandemic. Hoegh’s board has decided to suspend dividends, bonus scheme for executive management and onshore personnel until further notice, the floating LNG…
Rate this article By _Offshore_Energy_Today_ Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun a revision of Santos’ environment plan for the operations of the Ningaloo Vision FPSO. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By _Offshore_Energy_Today_ Fugro will implement a hiring and salary freeze as well as reducing its workforce due to the COVID-19 pandemic and the low oil price environment. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By _Offshore_Energy_Today_ Triangle Energy has joined many other oil and gas companies in efforts to preserve financial stability amid low oil price environment and coronavirus pandemic with a set of cost-cutting measures. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today.. Petrobras has joined numerous oil and gas operators in actions to reduce costs amid low oil price environment and coronavirus pandemic. Petrobras has also decided to lower its oil output. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today.. Australian energy giant Woodside has made a decision to reduce its total expenditure for 2020 by 50% as a response to the uncertainty in the global environment. As a result, final investment… … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By LNG World News Australian LNG player Santos has decided to cut its spending by $550 million in 2020 in response to the current environment. Read Full Article Here For more great articles: LNG World News
Rate this article By LNG World News Sound Energy, the Moroccan focused upstream gas company, said it has received the EIA approval and land corridor rights from the Moroccan Ministry of Energy, Mines and Environment for the Tendrara Gas Export Pipeline project. Read Full Article Here For more great articles: LNG World News
Rate this article By Offshore Energy Today.. Due to the current low oil price environment and uncertanties in the market due to the coronavirus outbreak, BW Energy has decided to reduce its capital expenditures in Gabon. In addition, the JV… … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today.. In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory… … Read Full Article Here For more great articles: Offshore Energy Today