In the realm of petroleum exploration, key stakeholders embody both state-owned and privately held corporations. The market is dominated by supermajors like Royal Dutch Shell, BP, Chevron, and ExxonMobil. Alongside these industry titans, several noteworthy state-owned enterprises such as Saudi Aramco (Saudi Arabia), Gazprom (Russia), and National Iranian Oil Company...
Discover more insightsThe formulation and progression of oil and gas projects hinge upon a synergy of technical, economic, and political factors. Technological advancements have facilitated more efficient extraction and reduced operational costs. Economically, worldwide energy demands, price trajectories of oil and gas, plus the availability of infrastructure, dictate project feasibility. Not to...
Discover more insightsContinuous advancements in exploration technology combined with a steady investment appetite yield new oil and gas discoveries worldwide. These breakthrough findings can reshape production assumptions, pricing structures, and geopolitical dynamics. Newly discovered reserves, from offshore basins to onshore fields, can shift the energy markets known landscape and introduce variability to...
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