Page 3 - Euroil Week 18 2020

EurOil CONTENTS EurOil
COMMENTARY
Norway cuts oil output for 1st time since 2002 4
Hopes for resilience of LNG demand 6 PIPELINES & TRANSPORT
Poland signs contract with Italy’s Saipem to lay Baltic Pipe 8 German gas grids invite comments on $9.2bn development plan 8 Moldova ready to import gas from Romania by year-end 9
INVESTMENT
Shell takes axe to dividend for first time since 1940s 10
PERFORMANCE
Lundin trims spending further, despite Q1 strength 11
POLICY
Germany to deny Nord Stream 2 waiver from EU energy law 12 Gazprom complies with ruling on Polish gas prices 13 Greece passes bill allowing oil, gas drilling in protected areas 13
PROJECTS & COMPANIES
IOG gets greenlight for North Sea gas project 14 Maersk Drilling wins $100mn rig deal from Equinor 15 FID delayed at Platypus gas field 15 JOG eyes partner despite price collapse 16 Lukoil’s Trident well fails to deliver 16
NEWS IN BRIEF 17 OUR CUSTOMERS 19
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Week 18 07•May•2020 w w w . N E W S B A S E . c o m P3