Seadrill net income higher than forecast – considering more newbuild orders
The Norwegian rig giant, Seadrill, has reported a higher than forecast net income for Q1, prompting the company to consider further newbuild orders.
The Norwegian rig giant, Seadrill, has reported a higher than forecast net income for Q1, prompting the company to consider further newbuild orders.
Chesapeake Energy Corp has announced that it has received a loan worth US$ 3 billion from Goldman Sachs and Jeffries Group that should provide the company with short-term financial flexibility. The company’s CEO, Aubrey McClendon continues to face intense scrutiny over his financial activity.
Concho has announced that it has agreed to a deal to purchase US$ 1 billion worth of Permian assets from Three Rivers Operating Company.
Chevron and Tohoku Electric have signed a preliminary agreement to sell 1 million tpy of LNG to the company for 20 years.