The US independent, which unveiled a third-quarter loss on Monday, is also to keep exploration spending low next year, albeit slightly above this year, while a planned shut-in at a non-operated producing field in Equatorial Guinea will have a significant impact on production.

Noble has in mind to sanction the Leviathan and/or Tamar Phase 2 developments within a year if possible, chief executive David Stover said on an earnings call on Monday.

“We