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Seismic changes across upstream as industry grapples with energy transition

12 十一月 2019

The energy transition is undoubtedly impacting corporate upstream strategies in significant and disruptive ways. Coupled with the post-2014 downturn in oil prices, Wood Mackenzie sees seismic changes in the way the industry allocates capital across development, exploration and in particular M&A.

Comment

Santos to acquire ConocoPhillips northern Australian assets

14 十月 2019

Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

News Release

Wood Mackenzie’s new data technology transforms upstream valuations

09 十月 2019

Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.

News Release

What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

07 十月 2019

Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.

Comment

Japan to invest additional $10 billion in global LNG infrastructure projects

26 九月 2019

Japan is planning to invest an additional $10 billion to develop infrastructure mainly in new and developing markets in the India sub continent and Southeast Asia, reflecting a shift in priorities.

Comment

ExxonMobil to sell upstream assets in Gippsland Basin

18 九月 2019

ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

Comment

TechnipFMC demerger 'a bold step to reposition for the long-term'

27 八月 2019

In 2017 Technip and FMC Technologies completed one of the hallmark oilfield service company mergers of the cycle. The business plans to split in the first half of 2020 – but not back into Technip and FMC - rather into ‘upstream’ and ‘mid/downstream’.

News Release

Data consortiums signal the future of oil and gas

07 八月 2019

Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

News Release

OPEC+ aims for balance as it rolls over output curbs

02 七月 2019

Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."

News Release

OPEC+ set for rollover but risk clouds supply outlook

30 六月 2019

As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

News Release

Malaysia offers significant gas opportunities

24 六月 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

News Release

Argentina LNG exports positioned to meet peak demand in Asia

13 六月 2019

Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new research from Wood Mackenzie.

Comment

Shell's Prelude ships first LNG cargo

12 六月 2019

Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.

News Release

Australia's next wave of LNG projects needs to compete to progress

28 五月 2019

According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress

Comment

Scott Morrison wins 2019 Australia election

20 五月 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

Comment

Chevron exits bidding war for Anadarko

09 五月 2019

Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

Comment

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

07 五月 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

News Release

Southeast Asian upstream M&A could hit US$14 billion

25 四月 2019

According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.

Comment

Oxy tables US$38bn rival bid for Anadarko

24 四月 2019

Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.

Comment

BP to exit China shale gas

12 四月 2019

In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

Comment

Aramco's $10bn bond underscores its vast global ambitions

01 四月 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

Comment

Repsol-led consortium makes significant gas discovery in Indonesia

18 二月 2019

Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

News Release

Brulpadda delivers the goods for Total

07 二月 2019

French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

News Release

Smoother sailing ahead for upstream supply chain players

06 二月 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.

News Release

Exploration’s back in the black

04 二月 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

Comment

US sanctions increase pressure on Venezuela

30 一月 2019

The US is poised to impose fresh sanctions on Venezuela, ratcheting up the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports.

News Release

Outlook sluggish for upstream M&A

21 一月 2019

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

Comment

Medco Energi's potential takeover of UK-listed Ophir Energy

02 一月 2019

On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.

News Release

Upstream companies positioned to thrive in 2019

17 十二月 2018

Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.

Comment

Chevron loses second major production asset in South East Asia

13 十二月 2018

Following today's announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs after putting an aggressive bid on the gas price and the profit share, Wood Mackenzie's research analyst Jean-Baptiste Berchoteau shares some insights.

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Search results: 149

Seismic changes across upstream as industry grapples with energy transition

Santos to acquire ConocoPhillips northern Australian assets

Wood Mackenzie’s new data technology transforms upstream valuations

What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

Japan to invest additional $10 billion in global LNG infrastructure projects

ExxonMobil to sell upstream assets in Gippsland Basin

TechnipFMC demerger 'a bold step to reposition for the long-term'

Data consortiums signal the future of oil and gas

OPEC+ aims for balance as it rolls over output curbs

OPEC+ set for rollover but risk clouds supply outlook

Malaysia offers significant gas opportunities

Argentina LNG exports positioned to meet peak demand in Asia

Shell's Prelude ships first LNG cargo

Australia's next wave of LNG projects needs to compete to progress

Scott Morrison wins 2019 Australia election

Chevron exits bidding war for Anadarko

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

Southeast Asian upstream M&A could hit US$14 billion

Oxy tables US$38bn rival bid for Anadarko

BP to exit China shale gas

Aramco's $10bn bond underscores its vast global ambitions

Repsol-led consortium makes significant gas discovery in Indonesia

Brulpadda delivers the goods for Total

Smoother sailing ahead for upstream supply chain players

Exploration’s back in the black

US sanctions increase pressure on Venezuela

Outlook sluggish for upstream M&A

Medco Energi's potential takeover of UK-listed Ophir Energy

Upstream companies positioned to thrive in 2019

Chevron loses second major production asset in South East Asia