upstream


All posts for upstream

Chevron Announces $20 Billion Capital and Exploratory Budget for 2019

SAN RAMON, Calif.--(BUSINESS WIRE)--Dec. 6, 2018-- Chevron Corporation (NYSE:CVX) today announced a 2019 organic capital and exploratory spending program of $20 billion. “Our 2019 budget supports a robust portfolio of upstream and downstream investments, highlighted by our world-class Permian Basi ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChevroncapitalBudget +5

Shell Completes Divestment of Upstream Interests in Ireland for up to $1.30 Billion

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion (€1.14 billion), to Nephin Energy Holdings Limited (NEHL), a ...

OilVoice Press - OilVoice


Posted 1 year agoPress > upstreamDivestmentShell +2

Ineos AG Push Further for ConocoPhillips’s Upstream Assets to Become a Top UK Producer, says GlobalData

Following the announcement (Monday 19 November) that Ineos AG are in exclusive talks with ConocoPhillips to acquire its remaining UK upstream assets, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData , a leading data and analytics company, estimates the deal could be worth approxim ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > GlobalDataIneosConocoPhillips +3

Upstream Oil and Gas M&A and Capital Raising Values Totalled $80.9bn in Q3 2018, says GlobalData

A total of 362 deals with a combined value of US$80.9bn were registered in the upstream oil and gas industry in Q3 2018, according to GlobalData , a leading data and analytics company. Of the total value, US$44.5bn was registered in mergers and acquisitions (M&A) in Q3 2018, representing a sign ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > upstreamo&gOil +4

OMV Agrees to Divest Parts of its Upstream Business in Tunisia

OMV, the international integrated oil and gas company based in Vienna, has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA, an Oslo-listed, London-based international independent oil and gas company. OMV Tunisia Upstream Gm ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OMVTunisiaDivestment +8

Royal Dutch Shell plc Third Quarter 2018 Results Announcement

On Thursday November 1, 2018 at 07.00 GMT (08.00 CET and 03.00 EDT) Royal Dutch Shell plc released its third quarter results and third quarter interim dividend announcement for 2018. CCS earnings attributable to shareholders excluding identified items were $5.6 billion, compared with $4.1 billion ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellRoyal Dutch ShellEarnings +4

Equinor ASA Tops European Projects Investment List With US$12.4bn Estimated Capex Spend to 2025, says GlobalData

In Europe, Equinor ASA, Gaz-System SA, and Snam S.p.A. are the top three spenders among all oil and gas companies on new build capital expenditure (capex) for planned and announced projects across the oil and gas value chain by 2025, according to GlobalData , a leading data and analytics company ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EquinorEquinor Energyeurope +6

OMV Group Report January - September and Q3 2018

Key Performance Indicators 1 Group ►  Clean CCS Operating Result increased by 31% to EUR 1,050 mn ►  Clean CCS net income attributable to stockholders amounted to EUR 455 mn, clean CCS Earnings Per Share were EUR 1.39 ►  High cash flow from operating activities of EUR 970 mn ►  Positive or ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OMV Groupupstreamdownstream +2

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 1 year agoOpinion > NOCsGlobalDataPetrochemical +2

Shell Agrees to Sell Upstream Interests in Denmark to Noreco for $1.9 Billion

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. SOGU is a wholl ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellRoyal Dutch ShellDivestment +6

OMV and Schlumberger Sign Memorandum of Understanding

OMV, the international, integrated oil and gas company based in Vienna, and Schlumberger, a leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, signed a Memorandum of Understanding. The parties agreed to evaluate coll ...

OilVoice Press - OilVoice


Posted 1 year agoPress > MOUOMVSchlumberger +1

Serica - Update on Erskine Operations

Serica Energy plc (AIM: SQZ) hereby provides an update on operations at Erskine. On 28 September, Serica reported that a new 26km section of the condensate export line from Lomond to the CATS Riser at Everest had been completed and tested and production was due to recommence shortly. Productio ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Serica EnergyAIMErskine +3

Decommissioning and the Transportation of NORM and TENORM

Underestimating the time and resource required to correctly transport NORM (Naturally Occurring Radioactive Material) or TENORM (Technologically Enhanced Naturally Occurring Radioactive Material) during decommissioning could prove to be costly, not least because it is likely to cause delays in shipp ...

Callum Grieves


Posted 1 year agoOpinion > Decommissioningoffshore decommissioningTENORM +4

Highlights of the 2018 Oil and Gas Machine Learning Symposium

  HOUSTON, Texas (Oct. 2, 2018) -- The 2018 Oil and Gas Machine Learning Symposium took place on 27 September, 2018 in Houston, Texas at the Royal Sonesta hotel. The sold out, full-day event hosted professionals from across the oil and gas industry and major tech companies, as well as students a ...

Kayla Monis


Posted 1 year agoPress > upstreamAI in Oil & Gasmachine learning +2

Leap And Pidx Co-developing Standards To Drive Digitization Of The Energy Trading Transaction Lifecycle

Houston, Texas:  The Petroleum Industry Data Exchange, Inc. (PIDX) and Leadership for Energy Automated Processing (LEAP) jointly announced today that their organizations are working together to further digitize and automate the European barge oil trading market centered around Amsterdam/Rotterdam ...

Kacey White


Posted 1 year agoPress > midstreamupstreamdownstream +1