MOSCOW/LAGOS/LONDON - The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling from slumping prices, analysts say.
“When the virus and the quarantine measures have been eased and it is safe to get back to work, it doesn’t mean the same work can be done with the same intensity because the weather windows could be missed and that can push maintenance even to the next year,” said Matthew Fitzsimmons, Vice President of the Oilfield Service team at research firm Rystad.“A lot of service companies are not getting the revenues they had otherwise expected in 2020.
A large maintenance programme in Russia’s Far East Sakhalin-2 project faces delays as the firm could not get pre-ordered pieces of machinery, two sources told Reuters. “To ensure the safety of our personnel ... we are focusing on those activities, which can be executed safely in the current COVID-19 situation and are essential for our continued economic and operational resilience,” ExxonMobil said.
Who cares about the oil and gas industry? They have known for half a century that they are destroying our livelihoods and they don't care if they destroy the earth!
Youre on your way out planet killers.I would hold u down in make you drink your own oil.
well life isn't alll bahd
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