The Norwegian company has reported adjusted earnings of US$2 billion after tax in 3Q18, and reduced its net debt ratio by 1.5% to 25.7%.
Digital Assistant Editor
Nick joined Palladian Publications in January 2018 after graduating from the University of Edinburgh in 2016 with a degree in History, including a year abroad at the University of Delhi. He is currently Digital Editorial Assistant and works across a number of publications.
Outside of work Nick enjoys cross-country running, whipping up the occasional curry and travelling.
- 01252 718999
Latest articles by Nicholas
Total company revenue was US$3 143.8 million, while net income was US$136.9 million, or US$0.30 per diluted share.
A report from ESAI Energy claims that the loss of Iranian exports will be offset by greater crude production from the US, Brazil, UK, Russia and the Arab Gulf in 2019.
Equinor, ENI and Petoro have completed an appraisal well on the Cape Vulture discovery, and found a volume potential of 50 – 70 million recoverable barrels of oil.