Euroil Week 13 2020
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Issue 535 02•April•2020 Week 13
Green plans on hold
European firms may put their green plans on hold because of capital constraints.
Cambo FID delayed
Siccar Point and Shell have delayed the sanctioning of the Cambo development in the North Sea because of market volatility.
Capex cuts continue
A further three major European producers have announced cuts to capital spending to protect cash flow.
More and sooner
Norway’s flagship Sverdrup oil project is due to produce more oil and sooner under its first phase of development.
