LNG

Royal Dutch Shell, with one of the largest global LNG sales portfolios, has warned investors to expect post-tax charges of between $3.5 billion and $4.5 billion in relation to impairments, asset restructuring and onerous gas contracts in the fourth-quarter earnings in February 2021.

TechnipFMC, the French-US energy and subsea engineering company, posted lower third-quarter revenues and income as its work was almost completed on two of the world’s most difficult LNG projects. Prelude FLN offshore Australia and the Yamal LNG plant in Arctic Russia.