GlobalData


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M&A Values Totaled $91.9bn in the Midstream Sector in Q3 2018, Says GlobalData

A combined value of US$91.9bn in mergers and acquisitions (M&A) was announced in Q3 2018. This was an increase of 21% from the US$75.9bn in M&A deals announced in the previous quarter. The number of M&A deals decreased by 20% from 102 in Q2 2018 to 82 in Q3 2018, according to GlobalData , a le ...

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Posted 11 months agoPress > M&AGlobalDatamidstream +2

US and Iran Lead Global Polyethylene Capacity Growth to 2026, Says GlobalData

The US and Iran will lead the global polyethylene market capacity growth, which is poised to increase from 110.5 million tons per annum (mtpa) in 2017 to 150.9 mtpa in 2026, says GlobalData , a leading data and analytics company. The company's report: ‘ Global Polyethylene Industry Outlook to ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > GlobalDataUSAUnited States +3

Energy Companies Set to Spend US$43.1bn on New Projects in the North Sea From 2018-2025, Says GlobalData

The highest operatorship energy company in the North Sea is Equinor ASA with nine planned and announced projects during 2018–2025, says GlobalData , a leading data and analytics company. GlobalData's latest report, ‘ H2 2018 Production and Capital Expenditure Outlook for Key Planned Upstream P ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > GlobalDataEnergyNorth Sea +7

National Oil Companies Forecast to Spend Over US$116bn in New Petrochemicals Projects, Says GlobalData

National Oil Companies (NOCs) are diversifying beyond their upstream oil and gas core, with major NOCs forecast to spend over US$116 billion in new petrochemicals projects, according to  GlobalData , a leading data and analytics company. The company's analysis of NOCs' portfolios shows that whil ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > NOCsGlobalDataPetrochemical +2

Asia Will Contribute 54% of Global Refinery Fluid Catalytic Cracking Units Capacity Additions by 2022, Says GlobalData

Asia is forecast to be the major contributor to the growth of the global refinery fluid catalytic cracking units (FCCU) industry between 2018 and 2022, accounting for around 54% of the global planned and announced refinery FCCU capacity additions by 2022, according to GlobalData , a leading data ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > AsiaRefineryFCCU +1

Indonesia and Malaysia Lead in Upcoming Oil and Gas Projects Count in Southeast Asia to 2025, Says GlobalData

A total of 47 crude and natural gas projects are slated to commence operations in six countries across Southeast Asia over the period 2018 to 2025. Among the countries, Malaysia and Indonesia are set to lead in terms of planned and announced oil and gas projects during the forecast period, says lea ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > IndonesiaMalaysiaOil +4

Foreign Firms Look to Play Crucial Role in Venezuelan Oil and Gas Sector, Says GlobalData

The majority of foreign companies are not making any profit or losing money in their partnerships with PDVSA to develop and produce hydrocarbons due to inadequate investment, shattered infrastructure and US sanctions. However, in the long term, having access to the vast hydrocarbon reserves of Vene ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > VenezuelaOilgas +7

Iran and India Continue to Lead Global Ammonia Capacity Growth Over Next Nine Years, Says GlobalData

Iran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per annum (mtpa) in 2017 to 286.4 mtpa in 2026, says leading data and analytics company GlobalData . The company's latest report, ‘ Q3 2018 Global Ammonia Capacit ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > IranIndiaGlobalData +1

Significant UK Shale Gas Role Still a Long Way Off, Says GlobalData

Following today's announcement that Cuadrilla Resources will start fracking operations at its shale gas exploration wells in Lancashire, Will Scargill, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the prospects for the sector: ‘‘Although begin ...

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Posted 1 year agoOpinion > GlobalDataShale GasUnited Kingdom +4

Russia Will Contribute 75% of Former Soviet Union’s Oil and Gas Pipeline Additions to 2022, Says GlobalData

Russia is forecast to add the highest trunk pipeline length in the Former Soviet Union oil and gas pipelines industry between 2018 and 2022, contributing a total length of 20,680 km by 2022, which will account for around 75% of the region's planned and announced oil and gas pipeline length addition ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > RussiaOilgas +2

Pemex’s New Discoveries Leave the Company Aligning With New Administration Plans, Mitigating its Permanent decline, Says GlobalData

Following Carlos Treviño's, Pemex CEO, announcement of two new discoveries, Manik-101A and Mulach-1, in Mexico's shallow water opposite Tabasco state, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream ...

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Posted 1 year agoOpinion > GlobalDataPemexDiscovery +2

Pipeline Bottlenecks in Permian Can Easily Create an Oversupply of Sand Affecting Mine Revenues, Says GlobalData

Svetlana Doh,   Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers her view on the impact on the upstream sector: “Rapidly growing sand demand in Permian is raising questions on whether there will be enough supply of proppant available. It is estimated that ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > pipelinePermian BasinPermian +2

Asia Leads Global Oil and Gas Pipeline Length Additions With Around 71,000km and US$99bn Capex to 2022, Says GlobalData

A total growth of 12.2% in length is expected in the global oil and gas trunk pipelines industry by 2022, according to GlobalData , a leading data and analytics company. The company's latest report, ‘H2 2018 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – US Leads wi ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > AsiaOilOil Pipeline +4

Argentina’s Recently Announced Offshore Bidding Round is a Long-Term Game With High Exploration Risk and Still Some Above-Ground Uncertainty, Says GlobalData

Following Argentina's Energy Minister announcement to re-launch the already scheduled but delayed offshore bid round in October 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “Any b ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > GlobalDataArgentinaOffshore +5

Oil and Gas Companies Gearing Up For Electric Vehicles Onslaught, Says GlobalData

Digitization and electrification are spreading across all industries and the auto industry is no exception. As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas comp ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > OilgasGlobalData +4