Qatar signs $19bn LNG deal

Gas World | Jun 1, 2020 at 6:08 PM

Under the agreements, the “Big 3” Korean shipyards – Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) – will reserve a major portion of their LNG ship construction for Qatar Petroleum until 2027.

The Shale Daily Update – 6.1.2020

Shale Magazine | Jun 1, 2020 at 4:08 PM

To give you an idea of how deeply the upstream sector of the business has scaled back operations, E&E Daily notes this morning that, before this current bust, the lowest level of active rigs ever recorded by the Baker Hughes rig count had been 404 in mid-2016.