Business Strategy

Africa’s emerging oil and gas industries add to continent’s appeal for international contractors

Submitted by Editorial on Tue, 2015-12-01 16:49

01st December 2015

Advances in Africa’s emerging oil and gas industries are adding to the continent’s increasing appeal as a rewarding and challenging work destination.

Global energy consulting sector grows to almost $15bn

Submitted by Editorial on Mon, 2015-11-30 17:20

30th November 2015

Despite low oil prices consulting business grew

Despite oil prices slumping to their lowest price since 2009, the global energy and resources consulting market grew six per cent to USD14.7bn in 2014 a new report from Source Information Services (Source) has found.

Payback periods lengthen in Northern Midland Basin

Submitted by Editorial on Sun, 2015-11-29 09:33

29th November 2015

Nascent Spraberry play encouraging, but stacked pay and steep learning curves in basin suggest more time needed to properly risk company acreage

GEV Group secures investment to accelerate plans for further expansion

Submitted by Editorial on Thu, 2015-10-29 21:36

29th October 2015

GEV Group (GEV) has announced a USD8.1 million investment by Maven Capital Partners one of the UK’s leading Private Equity Houses.

UK oil and gas firms can dive into a USD30bn reservoir by tightening up working capital

Submitted by Editorial on Tue, 2015-10-27 22:25

27th October 2015

UK oil and gas firms are sitting on a war chest

Savvy firms missing out on opportunities to tap into global working capital reserves totalling £217bn

BP sets out forward plans

Submitted by Editorial on Tue, 2015-10-27 09:51

27th October 2015

Plans for balanced cash flows by 2017 at around USD60 per barrel and growth in sustainable free cash flow beyond

Workforce reductions are responding to the market

Submitted by Editorial on Mon, 2015-10-26 12:24

26th October 2015

Maersk Oil has announced its intention to implement workforce reductions amounting to 10-12% of roles across its business.

Workforce reductions are responding to the market

Submitted by Editorial on Mon, 2015-10-26 12:24

26th October 2015

Maersk Oil has announced its intention to implement workforce reductions amounting to 10-12% of roles across its business.

BP and China National Petroleum Corporation to expand global partnership

Submitted by Editorial on Thu, 2015-10-22 13:21

22nd October 2015

Framework agreement signed during state visit to UK

Encana sell DJ Basin Oil & Gas Assets for USD900 million

Submitted by Editorial on Mon, 2015-10-12 11:44

12th October 2015

Encana's DJ Basin assets include more than 1,600 wells

The Broe Group and Canada Pension Plan Investment Board (“CPPIB”) announced that a new affiliate owned by the two companies has signed an agreement with Encana Corporation to buy all of Encana Oil & Gas (USA) Inc.’s oil and gas assets in the DJ Basin in northern Colorado.