Oil drilling brings opportunities for local companiesDrilling a single oil well requires millions of dollars ofequipment, labor and chemicals,...Wineke, Andrew
Any government that relies on oil in general, and a state-run oil firm in particular, for the majority of its income, is likely to skimp on investment when the oil price falls, because it is more politically palatable to slash drilling programmes and seismic surveys than civil servants' ...
In that regard, last December, Jesus Marrero, head of business at CUPET's exploration and production department, disclosed new opportunities for foreign investment in the sector. New land and exploration contracts, production improvement and non-conventional oil projects will be available in the Cuban...
ADNOC believes that there are mutually beneficial partnership and co-investment opportunities with China across the company's upstream and downstream value chains, it added. In the oil sector, upstream describes the business of discovering, exploring and drilling oil fields, while downstream stands for...
operators reduce their drilling and completion activity due to weak prices, could lead midstream companies to shift their focus toward optimizing existing pipelines, rather than constructing new ones. Some major midstream companies have already highlighted this cautious investment approach for the Permian ...
operators reduce their drilling and completion activity due to weak prices, could lead midstream companies to shift their focus toward optimizing existing pipelines, rather than constructing new ones. Some major midstream companies have already highlighted this cautious investment approach for the Permian ...
FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo A look at the day ahead in U.S. and global markets from Mike Dolan The weekend's Middle East shock adds...
The oil and gas drilling category of the energy sector can yield good returns for investors seeking investment opportunities. However, the industry is volatile, so investors should be aware of all therelevant metrics, including the P/E ratio, before investing....
The rise of U.S. oil production, driven by shale andfrackingtechnology, increased WTI output at the same time Brent drilling underwent a rapid decrease. U.S. law dating back to the Arab oil embargo in the 1970s aggravated this division, prohibiting local oil companies from selling their inve...
Tanzania in Guangzhou, Guangdong province.Speaking at the launch ceremony of a Tanzania investment center in Changsha, Hunan province, this month, he added that Tanzania's vibrant, investor-friendly environment and vast market potential welcome more Chinese investments for shared growth opportunities.