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LNG - 22 January 2020


NOVATEK’s 2019 organic reserve replacement reached 252%

PAO NOVATEK has announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed a comprehensive reserve appraisal of the company’s hydrocarbon reserves as of 31 December 2019.


McDermott to begin Chapter 11 bankruptcy process

McDermott International, Inc. has announced that it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitise nearly all its funded debt.