TF Companies’ Post

Oil Majors Set To Sanction $125 Billion Upstream Projects in 2024. International oil and gas majors and the Middle East’s national oil companies are expected to give the green light this year to up to 30 projects, worth a total investment of $125 billion and holding an estimated 14 billion barrels of oil equivalent (boe) of resources.   That’s the estimate in Wood Mackenzie’s latest analysis of upstream oil and gas projects expected to reach final investment decisions (FIDs) in 2024. The consultancy expects more projects to take FID this year compared to last year’s 22 sanctioned… http://ow.ly/pupP105mh1l

Certified in holistic Oil & Gas Industry Operations & Markets, encompassing exploration, production, processing, transportation, and cost dynamics. I am poised to utilize these insights for informed decision-making in the dynamic energy sector.

China to lead upcoming oil and gas projects starts in Asia-Pacific by 2028 New build projects drive the upcoming projects landscape in Asia-Pacific constituting 79% of the total projects across the oil and gas value chain. Asia-Pacific is anticipated to witness the start of operations of 1,946 projects across the oil and gas value chain. Of these, 225 are upstream (fields) projects, midstream projects are at 521, downstream (refineries) projects are at 248, and the petrochemical projects are the highest at 952. In midstream, the trunk/transmission pipelines segment alone constitutes 36% of all projects followed by LNG and oil storage with 31% and 24% respectively. For the full article click the link below: https://lnkd.in/eZdpUgkW #oil #oilandgas #oilgas #china #energy #downstream #upsteam

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights

I recently completed the "Oil & Gas Industry Operations and Markets" course from Duke University. The course provided a comprehensive understanding of the oil and gas industry, covering key areas such as exploration, production, refining, and transportation of petroleum products. Additionally, it delved into market dynamics, including cost structures, pricing mechanisms, and the impact of reserves on industry viability. This course has deepened my knowledge of the operational and economic aspects of the oil and gas sector. I was particularly surprised by the intricate balance between operational efficiency and market forces, and how external factors like seasonal changes and geopolitical events significantly impact prices and production decisions. #OilAndGas #EnergySector #ContinuousLearning #Coursera #DukeUniversity

Oil and gas contract volume drops in 2023. The number of new transactions in the global oil and gas business decreased by 16% in late 2023, from 1,401 in the third quarter to 1,172 in the fourth quarter. Give this article a read to know exactly what happened. #OilAndGasTrends2023 #EnergyMarketAnalysis #GlobalOilGasContracts #EnergySectorShift #PetroleumIndustryInsights