Offshore Energy Today’s most popular news of the past week.
US energy giant ExxonMobil’s profit tumbled 49 percent in the first quarter reaching $2.4 billion due to “challenging downstream and chemical margin environments.”
French energy giant and LNG player Total saw its adjusted net income slip 4 percent in the first quarter of the year, reaching $2.8 billion.
The U.S Interior Secretary David Bernhard is reportedly pulling breaks on the Trump administration’s offshore drilling plan to open up almost all of the offshore continental shelf for oil and gas exploration and production.
Two companies are acquiring 10 percent each.
Novatek, Russia’s largest private gas producer, reported a soaring profit in the first quarter of 2019.
DEME Offshore installed the final of the 174 monopile foundations on the 1.2GW Hornsea Project One offshore wind farm on Thursday, 25 April. The first monopile was installed at the site some 120 kilometres off the Yorkshire coast in the UK in January 2018. According to DEME, four of the company’s ja
The first unit is scheduled for delivery in 2020.
Lithuanian liquefied natural gas (LNG) import terminal operator, Klaipedos Nafta, has put up for grab regasification capacity at the facility for the upcoming gas year.
Belgium’s Exmar, the Nicolas Savery-led shipowner, reported a plunge into the red in the first quarter of the year.
As the first FPSO destined for the development of Guyana’s recently discovered oil riches is expected to set sail from Singapore, Exxon is preparing to sanction two more developments this year.
Liquefied natural gas exports from the United States have increased during the previous week, the data from the U.S. Energy Information Administration shows.
U.S. Gulf of Mexico oil-producing states Alabama, Texas, Mississippi, and Louisiana will receive $215 million in 2018 offshore energy revenues, disbursed by the Department of the Interior.
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, reported a slide in profit for the first quarter of 2019.
