Saudi Aramco Strikes Oil Entering Ranking as World’s Second Most Valuable Oil & Gas Brand #OilmanNEWS Business Oil and Gas News Upstream 

Saudi Aramco Strikes Oil Entering Ranking as World’s Second Most Valuable Oil & Gas Brand

Shell has retained its title of the world’s most valuable oil and gas brand for the fifth consecutive year, recording a 12% increase in brand value to US$47.5 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy. Despite sustained lower oil and gas prices, the Anglo-Dutch titan continues to achieve a significant price… Read More
Sheer volume of data being created by oil and gas companies driving adoption of big data #OilmanNEWS Business Oil and Gas News Technology Upstream 

Sheer Volume of Data Being Created by Oil and Gas Companies Driving Adoption of Big Data

Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing the need for adoption of data management solutions for improved operational visibility. This approach also helps identify bottlenecks in operations and uncover patterns and relationships across diverse entities, says GlobalData, a leading data and analytics… Read More
As Oversupply Bears Down, U.S. Producers and OPEC+ Pump the Brakes on Production #OilmanNEWS Exploration & Production Oil and Gas News Upstream 

As Oversupply Bears Down, U.S. Producers and OPEC+ Pump the Brakes on Production

Austin, TX – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report, Pumping the Brakes. This market outlook service presents Enverus’ current view of crude oil, natural gas, and NGL fundamentals and where they are headed over the next five years. “The United States is the world’s number one producer, and that… Read More
Saudi Aramco still betting on oil expansions #OilmanNEWS Oil and Gas News Upstream 

Saudi Aramco Still Betting on Oil Expansions

Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company. The company’s report, ‘Saudi Aramco After IPO – Company Overview and Development Outlook’, reveals that five major expansion projects – four crude and one natural gas – are being planned to boost output in the country. One eighth of… Read More
Regional tensions weigh on Saudi Aramco valuation #OilmanNEWS Business Upstream 

Regional Tensions Weigh on Saudi Aramco Valuation

Richard Thompson, Editorial Director at GlobalData, a leading data and analytics company, provides his view: “There are two primary factors behind the volatility in the Aramco share price. The most obvious is the heightening of regional geopolitical tensions since Soleimani’s killing by the U.S. The second relates to a prolonged period of subdued oil demand in the global energy markets,… Read More
Canadian Oil and Gas: Action as the Antidote to Despair 2020 January-February Exploration & Production Onshore Upstream 

Canadian Oil and Gas: Action as the Antidote to Despair

The fact that oil and gas companies around the world are struggling to come up with the right strategy for the near and medium future is no surprise. Uncertainties associated with the energy transition (more strongly felt in Europe than in North America) are testing the reaction capabilities of many large companies. Growing concerns about climate change by different stakeholders… Read More
Know Your X’s + O’s in the Oil and Gas Business’s New Math, Experience Matters as Much as the Molecule 2020 January-February Business Upstream 

Know Your X’s + O’s in the Oil and Gas Business’s New Math, Experience Matters as Much as the Molecule

“Customer first. Our people always.” TechnipFMC’s stated philosophy isn’t just a passing nod to the Experience Economy, it’s an indication of the company’s wholehearted embrace of a business strategy suited to the post-commoditized oil and gas industry, where profitability is connected to a company’s ability to deliver an elevated experience to customers and employees. A subsea, onshore/offshore and surface project-management… Read More
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