Eni will reduce CAPEX in 2020 by around €2 billion, equal to 25% of the total CAPEX planned, and OPEX by around €400 million.
Drilling & production - 26 March 2020
Origin Energy has temporarily paused shale exploration drilling activities at its Kyalla well site in Australia's Northern Territory in response to the Covid-19 pandemic.
Rystad Energy expects many projects to be delayed, causing the continent’s expected liquids production to decline for most of this decade and energy-reliant state budgets to take significant hits.
The well was brought onto production on 21 March 2020 at an initial flow rate of approximately 2200 gross bpd.