Sentences with phrase «for oil exploration companies»

Not exact matches

Among the biggest issues oil - and - gas - exploration companies face in the search for new sources of hydrocarbons is putting humans or high - value assets at risk.
Perth - based data management company Tape Ark has completed a world first for the oil and gas exploration industry by demonstrating real - time seismic data acquisition using cloud storage rather than traditional tapes.
• Neptune Energy Group, which is backed by Carlyle Group and CVC Capital Partners, agreed to acquire ENGIE E&P International, a Paris - based oil and gas exploration company, for $ 3.9 billion.
• BP Energy Partners will sell portfolio company Pinnacle Midstream, a Houston, Texas - based oil and gas exploration company, for at least $ 300 million, according to Reuters.
In California, oil companies are pressing for further exploration of the massive Monterey Shale, a 1,750 - square - mile area extending from the agricultural Central Valley to the Pacific Ocean that federal energy officials say could ultimately comprise two - thirds of the nation's shale oil reserves.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.
PDC Energy, Inc. is a domestic independent exploration and production company that acquires, produces, develops, and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado and in the Delaware Basin in West Texas.
US - focused oil and gas exploration company Target Energy has announced plans for a $ 3.6 million capital raising, a farm - in agreement for a project in South Texas and changes to its board.
These efforts are bearing fruit for Weatherhaven, which recently partnered with Brazilian construction and logistics company Esbracon, to provide up to 10 sustainable camp projects for oil and gas exploration giant, HRT of Brazil.
Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in thcompany's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in thCompany — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.
Looking ahead into 2018, I am keeping a close eye on the energy sector, where the ability of US exploration and production (E&P) companies to grow oil production — at half the price of oil from just a few years ago — remains a competitive advantage for these firms.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
The largest detractor from performance for the quarter and past twelve months was Apache, the U.S. - based oil and gas exploration and production company.
Apache, a U.S. - based leading oil and gas exploration and production company, was the largest detractor for the quarter, declining 19 %.
However, oil prices have been dropping like hot potatoes, almost 30 %, and with that energy stocks are tanking in unison and singing songs with same tune, along with drilling and exploration companies for shale oil or natural gas.
The Fund's top contributor for the quarter was a U.S. technology company, while the largest detractor was a U.S. - based oil and gas exploration and production company.
The Fund's top contributor for the quarter was a Swiss luxury goods company, while the largest detractor was a U.S. - based global oil and gas exploration company.
The top contributor for the quarter was a U.S. - based technology company, and the largest detractor was a U.S. - based oil and gas exploration and production company.
The change is one of many in the North American energy landscape affecting Pemex, which also faces competition in exploration and production as Mexico prepares to allow foreign oil companies back into the country for the first time in 75 years.
As noted in an earlier paragraph, when investors consider exploration and production company stocks, they are increasingly looking for companies that can find and produce oil and gas efficiently and at low cost.
The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in MozambiqOil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambiqoil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambique.
The largest contributor to performance for the fiscal year was Apache, a global oil and gas exploration company, which returned 66 %.
Guar Gum, commonly used for baking and a thickening agent, witnessed a sudden increase in demand when oil and gas companies started using the material for fracking explorations.
The Minister for Energy, Boakye Agyarko has inaugurated a committee to supervise the open competitive bidding of Ghana's oil blocs to prospective oil exploration companies.
GNPC, the President said, was set up to be a strategic, commercial vehicle to help accelerate the pace for the exploration of oil and gas, and under the leadership of Tsatsu Tsikata, played a pioneering role in gathering, analysing and interpreting data for oil and gas exploration, and beginning to attract other companies to participate in the exploration.
Business News of Wednesday, 16 May 2018 Source: citinewsroom.com play videoBoakye Agyarko, Minister of Energy, Ghana The Minister for Energy, Boakye Agyarko has inaugurated a committee to supervise the open competitive bidding of Ghana's oil blocs to prospective oil exploration companies.
Obtaining the images usually requires a strong bond between individuals at a university and in industry to persuade to companies to release the data for scientific purposes, observes senior exploration geologist Richard Davies of the 3DLab at Cardiff University in Cardiff, U.K. «Individuals that are presently spearheading it in academia have usually worked in the oil and gas industry in a previous life,» says Davies, who worked for ExxonMobil for eight years.
Competing with oil and gas exploration for geological expertise, and with only minimal backing from the government, U.S. geothermal projects largely became the realm of small companies in the West.
So - called roadless oil extraction, in which oil companies use offshore exploration and production methods and leave less of an imprint on the area being drilled, is a viable alternative, argue Swing and others associated with Scientists Concerned for Yasuni, a network of independent researchers that first came together in 2004 to stop a proposed road project inside the park.
Securities in the natural resources sector such as Exxon Mobil (NYSE: XOM), the world's biggest oil company, Goldcorp (NYSE: GG), the world's biggest gold firm, and promising small caps in the energy sector such as Mondial Ventures (OTC: MNVN), and Premium Exploration (OTC: PMMEF), in the gold group offer a wide array of choices for investors.
Extracting and moving oil and gas is capital - intensive, so this debt is necessary for exploration and production (E&P) companies, and transportation companies, in particular.
For example: Oil and Gas exploration company.
The onset of the global recession in the fall of 2008 and the resulting decrease in worldwide demand for hydrocarbons caused many oil and natural gas companies to curtail capital spending for exploration and development.
It takes courage for a government to serve notice to powerful offshore oil exploration companies that they're not welcome, but that's exactly what the Belize government has been doing throughout 2015.
The partnership between the Museum and the Dallas - based international oil and gas exploration and production company provides $ 800,000 of support for the Museum's series of special exhibitions, installations in its collection galleries, and a prospective touring exhibition over an initial multi-year period.
Rothko's «No. 21» was owned for more than 40 years by Sao and Pierre Schlumberger, whose family founded the oil exploration company that bears their name.
Though the company had high hopes for its exploration program in the Arctic, it always maintained that it would likely walk away if it failed to find oil this summer, even though the decision would be costly.
We're also closing the loophole that has allowed some oil companies to bypass some critical environmental reviews, and today we're announcing a new examination of the environmental procedures for oil and gas exploration and development.
Some energy companies with a focus on exploration and production are advocating for a repeal of a ban on the export of some domestically - produced crude oil.
«It includes companies whose major business is coal exploration, processing coal, producing specialized equipment for coal mining, transporting or trading coal, converting coal to oil or gas, manufacturing equipment for coal power stations and many other activities along the thermal coal value chain.
It is also the banker for, and 4th largest investor in IGas Energy, the company with the most oil and gas exploration licences in the UK.
According to the Democratic staff letter, the bill would repeal reduced tax rates for major integrated oil companies, drop foreign income tax deductions for companies that produce oil and natural gas overseas and drop a tax break for companies to write off some exploration expenses.
Among the main decisions of the national meeting was the guarantee of a decisive fight for the end of the oil and gas exploration contracts in Portugal, starting with the block of Aljezur, of the companies GALP and ENI, recently authorized by the Portuguese government.
I don't know if oil companies use climate models for «predicting source rock distributions for oil and gas exploration.
RE: Doug in Seattle says: July 26, 2011 at 5:58 am ``... several super major oil companies use climate models as a method of predicting source rock distributions for oil and gas exploration.
I think you're wrong there, several super major oil companies use climate models as a method of predicting source rock distributions for oil and gas exploration.
In 2012 it also bought Calgary - based junior oil company Triwest Exploration Inc. for $ 138.4 million.
Meanwhile, Macleod Dixon, which merged with the Norton Rose Group to open its first Latin America offices in 2012, is listed as an intermediary for Continental - GeoPetro (Yapen) Ltd., a company engaged in oil and gas exploration in Indonesia.
Madsen points out that there would have been a large damages award and, perhaps more importantly, Packers Plus wasn't just pursuing the service companies — Harvest Oil is an exploration and production company and Packers was seeking disgorgement of their profits for all of the increased hydrocarbon recovery that Harvest had enjoyed as a result of using the technology.
In 2011, the company sold its Tunisian oil exploration and production assets to Austria's largest industrial company for $ 866 million.
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