Total to make cuts to spending in response to low oil prices
Total's CAPEX cuts in 2020 will amount to more than US$3 billion.
Drilling & production - 23 March 2020
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Santos cuts 2020 CAPEX by 38%
Santos has reduced its 2020 CAPEX by US$550 million.
Aker BP pauses non-sanctioned field development projects
The company is to reduce CAPEX and exploration spending by 20% each for 2020.
Yme project on course for first oil in second half of 2020
OKEA has said the Yme offshore project in the Norwegian North Sea, operated by Repsol, remains on schedule for first oil in 2H20.
Shell reduces CAPEX and operating costs
The measures taken include a reduction of CAPEX to US$20 billion or below for 2020, from a planned US$25 billion.