The document discusses two major deals in the Australian oil and gas industry that demonstrate changing market dynamics. Apache Corp sold its Australian assets to Brookfield Asset Management and Macquarie Capital for $2.1 billion, exiting the Australian market to focus on its core North American business. Meanwhile, Royal Dutch Shell's pending acquisition of BG Group for nearly $70 billion will significantly increase Shell's presence in the Australian LNG market through BG Group's Australian assets. The deals show how companies are repositioning their portfolios in response to falling oil prices and that investment in Australia's oil and gas industry may continue for established assets and projects.
Oil Search Limited: Acquiring World Class Oil Assets in the Prolific Alaska N...Brad Keithley
Oil Search Limited is acquiring oil assets in Alaska from Armstrong Energy LLC and GMT Exploration Company LLC for $400 million. The acquisition includes a 25.5% interest in the Pikka Unit and adjacent exploration acreage and a 37.5% interest in the Horseshoe Block. Oil Search will assume operatorship on June 1, 2018. The assets include a world class oil discovery of 500 million to 1.2 billion barrels. Oil Search has the option to acquire the remaining interests for $450 million by June 2019. The acquisition provides commodity and geographic diversification for Oil Search and leverages their operating capabilities.
Oil Search Limited: ALASKA NORTH SLOPE: A STRATEGIC EXPANSION OPPORTUNITY FOR...Brad Keithley
Oil Search Limited Investor Presentation on Alaska opportunity, metrics and plan. For those interested, a full transcript of the presentation is available also at http://bit.ly/2B0fHyo.
U.S. Oil & Gas plc (USOG) is an Irish company with oil and gas exploration leases in Nevada, USA. USOG drilled its first well, Eblana #1, in 2012, which produced small amounts of high quality crude oil. USOG is preparing a three-well drilling program to potentially book proven reserves of up to 19 million barrels of oil. If successful, USOG could become an oil producer, generating an estimated $16.7 million in net income in 2015. The company faces challenges in converting its exploration prospects to reserves and starting oil production, but an independent analysis valued USOG's Nevada assets at $38.7 million compared to its current $30.1 million
SandRidge Energy Q1 2017 Earnings PresentationSandRidgeIR
The document is an earnings presentation for SandRidge Energy's first quarter of 2017. It summarizes the company's operational and financial results for Q1, including production of 4.0 MMBoe, adjusted EBITDA of $56 million, and capital expenditures of $41 million. It discusses the company's three project areas - NW STACK, North Park Niobrara, and Mississippian - and plans for continued delineation and development across the portfolio in 2017.
A South Korean consortium was awarded a $6 billion contract to build a 140,000 barrel per day refinery in Iraq. The refinery will be located 100km south of Baghdad and will produce fuels like gasoline, diesel and jet fuel to meet domestic demand. A Korean company leading the consortium will contribute 37.5% of the project cost. The refinery is part of Iraq's plans to increase oil production and build infrastructure to spur economic growth. Separately, Shell sold its downstream oil assets in Australia, including a refinery and gas stations, to Vitol and Abu Dhabi Investment Council for $2.2 billion. In Israel, gas from the Tamar field will be exported to Jordan for
The PowerPoint slide presentation used during an analyst phone conference in May 2014 for Gulfport Energy. Of most interest to MDN is the Utica Shale Update section--an extensive section from page 11 through page 21.
SandRidge Energy presented its corporate strategy and assets at an investor presentation in March 2017. The company has over $500 million in liquidity and is focused on high-grading its existing positions. SandRidge will continue developing its Mississippian, NW STACK, and North Park Niobrara assets, which have over 1,300 combined drilling locations. The company expects total oil production to increase starting in late 2017. SandRidge is also optimizing completions and lowering costs to maximize value from its key projects.
The document discusses the growing supply of condensate in the United States and opportunities for demand. It notes that the Eagle Ford region is the largest contributor to condensate growth and that most of its production is light and suitable for refining or splitting. There is potential for over 400,000 barrels per day of additional demand in the Corpus Christi area above currently planned exports and splitting capacity. Splitting capacity on the Gulf Coast is expected to reach 460,000 barrels per day by 2018 to meet demand. Canadian imports of diluent are projected to exceed 500,000 barrels per day by 2017.
Oil Search Limited: Acquiring World Class Oil Assets in the Prolific Alaska N...Brad Keithley
Oil Search Limited is acquiring oil assets in Alaska from Armstrong Energy LLC and GMT Exploration Company LLC for $400 million. The acquisition includes a 25.5% interest in the Pikka Unit and adjacent exploration acreage and a 37.5% interest in the Horseshoe Block. Oil Search will assume operatorship on June 1, 2018. The assets include a world class oil discovery of 500 million to 1.2 billion barrels. Oil Search has the option to acquire the remaining interests for $450 million by June 2019. The acquisition provides commodity and geographic diversification for Oil Search and leverages their operating capabilities.
Oil Search Limited: ALASKA NORTH SLOPE: A STRATEGIC EXPANSION OPPORTUNITY FOR...Brad Keithley
Oil Search Limited Investor Presentation on Alaska opportunity, metrics and plan. For those interested, a full transcript of the presentation is available also at http://bit.ly/2B0fHyo.
U.S. Oil & Gas plc (USOG) is an Irish company with oil and gas exploration leases in Nevada, USA. USOG drilled its first well, Eblana #1, in 2012, which produced small amounts of high quality crude oil. USOG is preparing a three-well drilling program to potentially book proven reserves of up to 19 million barrels of oil. If successful, USOG could become an oil producer, generating an estimated $16.7 million in net income in 2015. The company faces challenges in converting its exploration prospects to reserves and starting oil production, but an independent analysis valued USOG's Nevada assets at $38.7 million compared to its current $30.1 million
SandRidge Energy Q1 2017 Earnings PresentationSandRidgeIR
The document is an earnings presentation for SandRidge Energy's first quarter of 2017. It summarizes the company's operational and financial results for Q1, including production of 4.0 MMBoe, adjusted EBITDA of $56 million, and capital expenditures of $41 million. It discusses the company's three project areas - NW STACK, North Park Niobrara, and Mississippian - and plans for continued delineation and development across the portfolio in 2017.
A South Korean consortium was awarded a $6 billion contract to build a 140,000 barrel per day refinery in Iraq. The refinery will be located 100km south of Baghdad and will produce fuels like gasoline, diesel and jet fuel to meet domestic demand. A Korean company leading the consortium will contribute 37.5% of the project cost. The refinery is part of Iraq's plans to increase oil production and build infrastructure to spur economic growth. Separately, Shell sold its downstream oil assets in Australia, including a refinery and gas stations, to Vitol and Abu Dhabi Investment Council for $2.2 billion. In Israel, gas from the Tamar field will be exported to Jordan for
The PowerPoint slide presentation used during an analyst phone conference in May 2014 for Gulfport Energy. Of most interest to MDN is the Utica Shale Update section--an extensive section from page 11 through page 21.
SandRidge Energy presented its corporate strategy and assets at an investor presentation in March 2017. The company has over $500 million in liquidity and is focused on high-grading its existing positions. SandRidge will continue developing its Mississippian, NW STACK, and North Park Niobrara assets, which have over 1,300 combined drilling locations. The company expects total oil production to increase starting in late 2017. SandRidge is also optimizing completions and lowering costs to maximize value from its key projects.
The document discusses the growing supply of condensate in the United States and opportunities for demand. It notes that the Eagle Ford region is the largest contributor to condensate growth and that most of its production is light and suitable for refining or splitting. There is potential for over 400,000 barrels per day of additional demand in the Corpus Christi area above currently planned exports and splitting capacity. Splitting capacity on the Gulf Coast is expected to reach 460,000 barrels per day by 2018 to meet demand. Canadian imports of diluent are projected to exceed 500,000 barrels per day by 2017.
Greetings,
Attached FYI ( NewBase Special 27 March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Saudi Arabia 10 projects in win ‘MEED Quality Awards’
• Kuwait oil company says it’s found new oil and gas field
• Kuwait Korean Consortium to Build LNG Terminal
• Algeria: PTTEP announces significant substantial flow rate at Hassi Bir Rekaiz
• Mozambique : Exxon in Talks to Buy Stake in Eni's Area 4 Gas Field
• Malaysia: SapuraKencana and GE Oil & Gas JV awarded long term service agreement by PETRONAS Floating LNG
• US oil closes at $39.46 & Brebt at 40.44 at ends week 5
• Qatar: Doha meeting to look at best recipe to raise prices
• US oil sector pain is deepening
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Plg refc presentation 2015 v gb 16 9 aspect final 030115PLG Consulting
This document provides an overview of PLG Consulting, a logistics and supply chain consulting firm, and discusses the implications of the North American energy revolution for the rail industry. PLG Consulting has over a decade of experience in logistics, engineering, and supply chain consulting for over 200 clients in bulk logistics, freight rail, energy, chemicals, and private equity. The document summarizes the growth of unconventional oil and gas extraction from US shale and Canadian oil sands due to new technologies, leading to surging domestic production and declining imports to North America. This energy boom has significant implications for growing crude by rail transportation on the continent.
MARS Meeting Summer 2015-North American Energy Revolution-Implications for RailPLG Consulting
This presentation features an overview of the North American energy market with updates on PLG's Crude by Rail And Frac Sand Market report. PLG's expert analysis included market intelligence on the small covered hopper market and the U.S. industrial expansion from the shale gas production increase.
This document provides an earnings presentation by Sandridge Energy for Q3 2016. It includes cautionary statements about forward-looking projections. The presentation summarizes Sandridge's operational strategy of focusing on high-return projects from its Mid-Continent assets while diversifying into long-term growth from its large North Park Niobrara position. It provides details on improved drilling economics in both areas, highlighting initial positive results from extended laterals in the Niobrara. The presentation also outlines Sandridge's reorganized capital structure and liquidity following its bankruptcy restructuring and concludes with operational and capital expenditure guidance for 2016.
How oil and gas valuations are used in expert witness, trial law, estate planning, and divorce litigation. Also includes explanation of horizontal shale drilling (Marcellus, Utica, Eagle Ford, Scoop Stack).
This document summarizes Western Oil Sands' corporate presentation from October 2006. It outlines the company's large reserves and land holdings in the Athabasca oil sands region, production and cost guidance for 2006, and expansion plans to more than double production over the next 10 years. It also discusses strategies such as pursuing downstream integration and international initiatives like oil exploration in the Kurdistan region of Iraq.
Claude Resources Inc. Corporate Presentation - Denver Gold Forum 2014Claude Resources Inc.
The corporate presentation provides an overview of Claude Resources and its operations. Key points include:
- Claude has two Canadian gold assets totaling over 1 million ounces each and is focused on cash flow optimization, production growth, and strengthening its balance sheet.
- At its Seabee mine, Claude has implemented strategies to increase production including a new mining method, development of the higher grade Santoy Gap zone, and exploration targeting additional resources.
- For 2014, Claude expects production of 50,000-54,000 ounces at lower costs and capital expenditures compared to 2013.
Financing and Investment: Value Propositions and RefinancingCapstone Headwaters
The following presentation was given by Joel Schneyer, Managing Director at Headwaters MB at the Industrial Minerals 3rd Frac Sand Conference in Minneapolis, MN.
Faiz Aldalbhi CV English dated 17 Nov 15Faiz Aldalbhi
This document provides a summary of Dr. Faiz Mohammed Aldalbhi's qualifications and experience in road safety communication and social marketing. It outlines his educational background which includes a PhD in Social Marketing, Media and Communication from the University of Wollongong in Australia. It also details his over 16 years of experience working for the Special Forces for Road Security in Saudi Arabia, where he has held several managerial positions involving public relations, social media campaigns and information technology. The document highlights his expertise in designing and implementing social marketing campaigns to educate audiences and modify risky behaviors.
Este documento resume debates actuales sobre las relaciones de poder entre estados y la estructura del sistema mundial. Argumenta que aunque los estados siguen siendo protagonistas clave, nuevas teorías geopolíticas ven un mundo multipolar en lugar de unipolar. Analiza las fuentes de poder de los estados y las relaciones entre potencias mundiales como Estados Unidos, China, Rusia y Japón.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Marcella Marletta - Innovazione a servizio dei pazientiMarcella Marletta
Marcella Marletta interviene alla VII Conferenza Nazionale sui Dispositivi Medici, tenutasi il 18 e 19 dicembre 2014 a Roma, per trattare l'argomento: "Innovazione a servizio dei pazienti. Ottimizzazione dei tempi e riorganizzazione processi sanitari ed organizzativi".
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like depression and anxiety.
Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction. Key characteristics of cloud computing include broad network access, resource pooling, rapid elasticity, and measured service. Cloud services provide software, platforms, and infrastructure as services on demand over the Internet.
Virtual Assistants: How to Avoid Premature EngagementUSource
This short document promotes creating presentations using Haiku Deck on SlideShare. It encourages the reader to get started making their own Haiku Deck presentation by simply clicking the "GET STARTED" prompt. The document is promoting the ease and accessibility of creating presentations on the Haiku Deck platform hosted through SlideShare.
This document discusses PostgreSQL's JSON features and provides examples of working with JSON data in PostgreSQL. It begins with an overview of JSON and PostgreSQL's JSON data types. It then demonstrates how to index, query, and manipulate JSON data using various JSON functions and operators. Live examples are provided using a music database and product review data to showcase JSON queries, indexing, and converting JSON to records.
The document discusses the various media technologies used during the construction, research, planning and evaluation stages of a project. It describes the hardware, software, and equipment used, including MacBooks, iMacs, Windows PCs, Adobe software, web browsers, word processors, and cameras. It provides details on how each tool was used and its effectiveness for the tasks needed at each stage of the project.
This document discusses the definitions, stages, mechanics, and management of labor and delivery. It defines the stages of labor as the first stage from the start of contractions until full cervical dilation, the second stage from full dilation until delivery of the baby, and the third stage as the delivery of the placenta. It describes the cardinal movements of engagement, descent, flexion, internal rotation, extension, and external rotation that the baby's head undergoes through the birth canal. It also discusses evaluating the patient, fetal monitoring, intravenous fluids, analgesia, and bladder care during labor and delivery.
Greetings,
Attached FYI ( NewBase Special 27 March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Saudi Arabia 10 projects in win ‘MEED Quality Awards’
• Kuwait oil company says it’s found new oil and gas field
• Kuwait Korean Consortium to Build LNG Terminal
• Algeria: PTTEP announces significant substantial flow rate at Hassi Bir Rekaiz
• Mozambique : Exxon in Talks to Buy Stake in Eni's Area 4 Gas Field
• Malaysia: SapuraKencana and GE Oil & Gas JV awarded long term service agreement by PETRONAS Floating LNG
• US oil closes at $39.46 & Brebt at 40.44 at ends week 5
• Qatar: Doha meeting to look at best recipe to raise prices
• US oil sector pain is deepening
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Plg refc presentation 2015 v gb 16 9 aspect final 030115PLG Consulting
This document provides an overview of PLG Consulting, a logistics and supply chain consulting firm, and discusses the implications of the North American energy revolution for the rail industry. PLG Consulting has over a decade of experience in logistics, engineering, and supply chain consulting for over 200 clients in bulk logistics, freight rail, energy, chemicals, and private equity. The document summarizes the growth of unconventional oil and gas extraction from US shale and Canadian oil sands due to new technologies, leading to surging domestic production and declining imports to North America. This energy boom has significant implications for growing crude by rail transportation on the continent.
MARS Meeting Summer 2015-North American Energy Revolution-Implications for RailPLG Consulting
This presentation features an overview of the North American energy market with updates on PLG's Crude by Rail And Frac Sand Market report. PLG's expert analysis included market intelligence on the small covered hopper market and the U.S. industrial expansion from the shale gas production increase.
This document provides an earnings presentation by Sandridge Energy for Q3 2016. It includes cautionary statements about forward-looking projections. The presentation summarizes Sandridge's operational strategy of focusing on high-return projects from its Mid-Continent assets while diversifying into long-term growth from its large North Park Niobrara position. It provides details on improved drilling economics in both areas, highlighting initial positive results from extended laterals in the Niobrara. The presentation also outlines Sandridge's reorganized capital structure and liquidity following its bankruptcy restructuring and concludes with operational and capital expenditure guidance for 2016.
How oil and gas valuations are used in expert witness, trial law, estate planning, and divorce litigation. Also includes explanation of horizontal shale drilling (Marcellus, Utica, Eagle Ford, Scoop Stack).
This document summarizes Western Oil Sands' corporate presentation from October 2006. It outlines the company's large reserves and land holdings in the Athabasca oil sands region, production and cost guidance for 2006, and expansion plans to more than double production over the next 10 years. It also discusses strategies such as pursuing downstream integration and international initiatives like oil exploration in the Kurdistan region of Iraq.
Claude Resources Inc. Corporate Presentation - Denver Gold Forum 2014Claude Resources Inc.
The corporate presentation provides an overview of Claude Resources and its operations. Key points include:
- Claude has two Canadian gold assets totaling over 1 million ounces each and is focused on cash flow optimization, production growth, and strengthening its balance sheet.
- At its Seabee mine, Claude has implemented strategies to increase production including a new mining method, development of the higher grade Santoy Gap zone, and exploration targeting additional resources.
- For 2014, Claude expects production of 50,000-54,000 ounces at lower costs and capital expenditures compared to 2013.
Financing and Investment: Value Propositions and RefinancingCapstone Headwaters
The following presentation was given by Joel Schneyer, Managing Director at Headwaters MB at the Industrial Minerals 3rd Frac Sand Conference in Minneapolis, MN.
Faiz Aldalbhi CV English dated 17 Nov 15Faiz Aldalbhi
This document provides a summary of Dr. Faiz Mohammed Aldalbhi's qualifications and experience in road safety communication and social marketing. It outlines his educational background which includes a PhD in Social Marketing, Media and Communication from the University of Wollongong in Australia. It also details his over 16 years of experience working for the Special Forces for Road Security in Saudi Arabia, where he has held several managerial positions involving public relations, social media campaigns and information technology. The document highlights his expertise in designing and implementing social marketing campaigns to educate audiences and modify risky behaviors.
Este documento resume debates actuales sobre las relaciones de poder entre estados y la estructura del sistema mundial. Argumenta que aunque los estados siguen siendo protagonistas clave, nuevas teorías geopolíticas ven un mundo multipolar en lugar de unipolar. Analiza las fuentes de poder de los estados y las relaciones entre potencias mundiales como Estados Unidos, China, Rusia y Japón.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Marcella Marletta - Innovazione a servizio dei pazientiMarcella Marletta
Marcella Marletta interviene alla VII Conferenza Nazionale sui Dispositivi Medici, tenutasi il 18 e 19 dicembre 2014 a Roma, per trattare l'argomento: "Innovazione a servizio dei pazienti. Ottimizzazione dei tempi e riorganizzazione processi sanitari ed organizzativi".
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like depression and anxiety.
Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction. Key characteristics of cloud computing include broad network access, resource pooling, rapid elasticity, and measured service. Cloud services provide software, platforms, and infrastructure as services on demand over the Internet.
Virtual Assistants: How to Avoid Premature EngagementUSource
This short document promotes creating presentations using Haiku Deck on SlideShare. It encourages the reader to get started making their own Haiku Deck presentation by simply clicking the "GET STARTED" prompt. The document is promoting the ease and accessibility of creating presentations on the Haiku Deck platform hosted through SlideShare.
This document discusses PostgreSQL's JSON features and provides examples of working with JSON data in PostgreSQL. It begins with an overview of JSON and PostgreSQL's JSON data types. It then demonstrates how to index, query, and manipulate JSON data using various JSON functions and operators. Live examples are provided using a music database and product review data to showcase JSON queries, indexing, and converting JSON to records.
The document discusses the various media technologies used during the construction, research, planning and evaluation stages of a project. It describes the hardware, software, and equipment used, including MacBooks, iMacs, Windows PCs, Adobe software, web browsers, word processors, and cameras. It provides details on how each tool was used and its effectiveness for the tasks needed at each stage of the project.
This document discusses the definitions, stages, mechanics, and management of labor and delivery. It defines the stages of labor as the first stage from the start of contractions until full cervical dilation, the second stage from full dilation until delivery of the baby, and the third stage as the delivery of the placenta. It describes the cardinal movements of engagement, descent, flexion, internal rotation, extension, and external rotation that the baby's head undergoes through the birth canal. It also discusses evaluating the patient, fetal monitoring, intravenous fluids, analgesia, and bladder care during labor and delivery.
Gestational diabetes is a condition where women without previously diagnosed diabetes exhibit high blood glucose levels during pregnancy, especially in the third trimester. It affects between 2-3% of pregnancies and is associated with complications. It is diagnosed through fasting and post-meal blood glucose tests. Treatment may include medical nutrition therapy, blood glucose monitoring, and potentially insulin therapy if needed to control blood sugar levels and minimize risks. Close monitoring of the mother and baby's health is important throughout the pregnancy.
The document discusses strategies for marketing a thriller film to its target audience. It aims to attract 18-29 year old males primarily, and 30-44 year olds secondarily, by finishing the film well, having a unique plotline, and using uncommon film techniques. Examples are given of similar films that attracted this target audience. Word of mouth marketing would be relied on after a small initial UK release to spread awareness of the film's original concept.
La Unión Europea ha propuesto un nuevo paquete de sanciones contra Rusia que incluye un embargo al petróleo. El embargo se aplicaría gradualmente durante seis meses para el petróleo crudo y ocho meses para los productos refinados. Este paquete de sanciones requiere la aprobación unánime de los 27 estados miembros de la UE.
White Paper: Shell Petrochemical Complex (“Cracker”) Project OverviewMarcellus Drilling News
A white paper issue by the Ben Franklin Shale Gas Innovation and Commercialization Center. Provides an excellent overview of the coming ethane cracker in Beaver County, PA--with details for how and who can benefit from it.
Australia is set to become a major global petroleum producer over the next two years as seven new LNG projects worth almost $200 billion come online. This will more than triple Australia's annual LNG production to 85 million tonnes and increase its total petroleum production to an estimated 1,200 million barrels of oil equivalent by 2017, ranking it just outside the top 10 petroleum producing nations. However, the recent collapse in oil prices poses a challenge as LNG prices are linked to oil. The growth of Australia's LNG industry has also increased costs and demand for labor and materials.
Australia is set to become a major global petroleum producer over the next two years as seven new LNG projects worth almost $200 billion come online. This will more than triple Australia's annual LNG production to 85 million tonnes and increase its total petroleum production to an estimated 1,200 million barrels of oil equivalent by 2017, ranking it just outside the top 10 petroleum producing nations. However, the recent collapse in oil prices poses a challenge as LNG prices are linked to oil. The growth of Australia's LNG industry has also increased costs and demand for labor and materials.
Australia has significant shale gas reserves of 437 trillion cubic feet, about 6% of the global total. The country is actively developing this resource through licensing blocks to domestic and foreign companies. Challenges remain such as the long time needed to develop reserves on this scale, but the huge potential reserves and Australia's existing natural gas market and expertise make its shale gas industry poised for strong future growth and economic benefits.
Greetings,
Attached FYI ( NewBase Special 28 March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Gas prices claims its first victim, $40 Billion LNG Casualty
• Oman Oil Company Seeks $1 bn Funding for Khazzan Tight Gas Project
• Oman: New hydrocarbon opportunities under exploration in Block 53
• U.S. petroleum product exports continue to increase
• Scotland ends coal-fired electricity
• Oil prices rise in thin Asian trade after break
• Oil Halts Two-Day Slide After U.S. Rig Count Resumes Decline
• Oil Volatility to persist with Opec meeting in focus
• Subsea injection systems provide economic reward
• Oil Recovery Hits Saudi Devaluation Bet
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Petrofac wins a $1 billion contract in Oman for the Rabab Harweel Integrated Project. This is Petrofac's second major contract in Oman within two months and supports their strategy in the Middle East region. Oman is increasing oil and gas spending and production through projects like this one. Countries in the region are also developing "sour gas" fields containing high sulfur levels to meet rising energy demands.
“Australia Shale Gas Industry Analysis” Report Highlights:
Shale Gas Industry Overview
Shale Gas Reserve Analysis by Basins
Shale Gas Exploration & Production Opportunities
Shale Gas Development Regulatory Framework
Technologies For Shale Gas Exploration
Greetings,
Attached FYI ( NewBase Special 09 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
Oman planning to build ‘biggest’ solar energy plant in Middle East
Philippine: Gas Deposits Discovered in the north – Isabela Province
Russia's Gazprom cancels Saipem deal on Black Sea gas pipeline
Rosneft signs deal to buy into Essar’s Vadinar refinery
France: In shale-wary France, an attempt to revive former coal region with gas
USA: Net petroleum product exports continue to increase
Oil prices steady but oversupply, China stock rout drag
Oil under $60 beyond 2016 suggests market rethinking shale
The shale recession is over. So what’s next?
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
The midstream energy market is facing challenges from low commodity prices and reduced upstream development. To address this, midstream companies have increasingly pursued mergers and acquisitions to gain scale and diversification. This document summarizes six major midstream deals since 2015 totaling $61 billion. The deals aimed to acquire assets with predictable cash flows, gain access to key growth regions, achieve operational synergies, and reduce risks through portfolio diversification.
New base energy news 10 april 2019 issue no 1238 by khaled al awadiKhaled Al Awadi
NewBase Energy News 10 April 2019 - Issue No. 1238 Senior Editor Eng. Khaled Al Awadi Greetings ,
Pleased to be able to share with you our latest energy news via NewBase Energy News 10 April 2019 - Issue No. 1238 Senior Editor Eng. Khaled Al Awadi
Hope you find it interesting
Yours
Khaled Alawadi
New base energy news issue 933 dated 06 october 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 06 October 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Qatar to supply more natural gas to the UAE via Dolphin Pipeline
• UAE: Adnoc to consolidate 2 key oil firms ADMA and ZADCO
• Iraq, UAE and Saudi Arabia take bigger slice of US crude market , EIA
• UK Government Gives Go-Ahead for Fracking in NW England
• Tanzania, Congo Sign Deal for Joint Oil Exploration in Tanganyika
• Tanzania Plans to Commission Natural Gas Plant by 2025
• US: propane exports drove U.S. petroleum product export growth in first half of 2016
• Oil prices ease from June highs on weaker physical market
• Iran Social life and econoy Expose Iran's Divide Before Election
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
HIGHBANK RESOURCES UPDATES SPN WORK and Comments on an estimated $154 Billion in B.C. LNG developments: Chevron/PTP ($40B); Exxon/WCC LNG ($25B); Petronas ($36B); BG Group ($35B); Eagle Spirit ($16B); Alta Gas projects ($1B).
New base energy news 09 may 2019 issue no 1244 by khaled al awadiKhaled Al Awadi
- Abu Dhabi National Oil Company (Adnoc) and Exxon Mobil are looking to invest up to $8 billion to increase production capacity at the Upper Zakum oil field in Abu Dhabi to 1 million barrels per day by 2024. They currently hold stakes of 60% and 28% respectively in the offshore concession.
- Saudi Aramco is considering a potential investment in Equinor's US shale gas operations, which could be its first overseas unconventional gas exploration venture. It is looking to expand its natural gas production and reduce reliance on crude oil sales.
- Iraq signed a $1.07 billion deal with China Petroleum Engineering & Construction Corporation to build facilities to process 300
Highbank Updates Pacific Northwest News & Reprices Financing
AltaGas Ltd., Shell Canada Ltd., Petronas and Exxon Mobil Corp. along with Port Edward In the News
- Kazakhstan aims to increase oil production to 2 million barrels per day by 2020 and is offering new exploration blocks, presenting opportunities for energy firms. The CEO of Condor Petroleum recommends that Abu Dhabi national oil companies pursue opportunities in Kazakhstan while entry valuations are still attractive.
- Kazakhstan's largest oilfield, Kashagan, has faced technical challenges including extreme water pressure, hydrogen sulfide gas, pack ice, and requiring infrastructure on artificial islands. It has halted production but aims to resume in 2016. While challenges exist, the oil industry has developed ways to safely operate in difficult conditions like those in Kazakhstan.
- Saudi Arabia's Strategic Gas Initiative, launched in 1998, aimed to develop domestic gas resources with foreign
This document contains news articles from the magazine "Pipeline Oil & Gas" about developments in the oil and gas industry in various Middle Eastern and North African countries. The articles discuss topics such as a pipeline explosion in Saudi Arabia, GE signing power generation deals in Algeria, an oil discovery by Kuwait Energy and Dragon Oil in Iraq, and Qatar Petroleum contracting Gulf Drilling International for four new drilling rigs in Qatar.
New base energy news issue 932 dated 28 september 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 27 September 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: RAK Petroleum’s Ivory Coast gas output up 17 per cent
• UAE: Adnoc says committed to ‘long-term collaboration’
• Egypt: BP signs three concession amendments and reaches record production
• Oman: First wave of Omani technicians arrives at Khazzan
• Oman: GE Oil & Gas signs PCP pumps deal with PDO
• Kazakhstan: Condor Petroleum starts commercial production at Shoba oil field
Oil prices climb after industry data shows US stocks draw
• Saudis and Iran Must Bridge 600,000 Barrel Gap to Find OPEC Deal
• Recent increases in global nuclear capacity led by Asia
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
1) The document discusses PETRONAS' role in ensuring Malaysia's energy security as domestic oil production declines. PETRONAS is aggressively exploring new technologies and investing in international assets to boost reserves while meeting rising domestic demand.
2) A key focus is on liquid natural gas (LNG) and unconventional resources like Canadian shale gas plays. PETRONAS aims to be a major global LNG supplier and sees opportunities in floating LNG facilities and pipelines to monetize remote gas reserves.
3) While production is maintained through new projects and technology, exploration of difficult reserves requires huge investments and risks. PETRONAS pays substantial taxes and dividends to the Malaysian government to fulfill its responsibilities as a state company.
1. OGIAustralia.com | July 2015 HartEnergy.com64
Finance
On opposite sides of the continent two major deals, alike in
causes but fundamentally different in structure, demonstrated
Australia’s changing market dynamics.
Change Is In the Air
BY BIANCA BARTUCCIOTTO
An aerial view of the oil and gas
processing plant on Varanus Island,
off the northwestern coast of Australia.
(Source: Apache Corp)
I
nefficient projects and cost pres-
sures have long plagued the
Australian oil and gas industry,
but companies still watched the
investment dollars roll in thanks to a
generous world oil price. Then, a near
60 per cent drop in the oil price from
June 2014 to January 2015 sent the
industry into a frenzy.
Followingthedownturn,aspateof
mergerandacquisitionactivityruffled
afewfeathersinwhatwaspreviously
averycomplacentmarket.Former
ChesapeakeEnergyexecutiveAubrey
McClendonlookstopossiblyinvest
intheNorthernTerritory,andChev-
ronbackedoutofitsunconventional
resourcecommitmentsintheCooper
Basin,soanythingcouldbeinthecards.
And so it began, larger companies
started looking to take over their
junior competitors that held “sweet”
assets but had no bank roll. Midcaps
began going after anyone they could
while the price was right. And two big
movements shook the market.
ApacheCorp’sWesternAustralia
exitmarkedanendforthecompanyin
thenation’sexplorationandproduction
market.Meanwhile,RoyalDutchShell’s
pendingtakeoverofBGGroupdemon-
stratedthemajor’sfocusedcommit-
menttotheAustralianLNGmarket.
Thetwomajordealsnotonly
demonstratethedrasticmeasurestaken
toinsulatecompaniesfrom
2. HartEnergy.com July 2015 | OGIAustralia.com 65
fallingcommodityprices,butalsoshow
thattheendofinvestmentinAustralia
maybefarfromover,especiallywith
establishedassetsandprojects.
As they say, one man’s trash is an-
other man’s treasure.
Apache’s divestment
Apache’s decision to withdraw from
its Australian operations to refocus on
its core onshore U.S. business was the
company’s approach to what it saw as
a changing market.
After Woodside came in and took
the company’s share of the Wheat-
stone LNG project, a consortium of
Brookfield Asset Management
and Macquarie Capital swooped in
and paid a cool $2.1 billion for the
remainder of the company’s Austra-
lian assets. The sale included gas fields
in the Exmouth and Canning basins
and various facilities operated by
Apache, such as Varanus Island.
Apache said this move was a
notable step in its “strategic portfo-
lio repositioning”.
Contacted by Oil and Gas Investor
Australia, a spokesman from Apache
declined to provide further comment,
but said that the deal was based on a
refocus to its North American assets.
When the decision to divest from
Australia was initially announced,
Apache CEO John Christmann offered
a statement. “Over the last five years,
we have transitioned Apache's primary
growth engine to North America on-
shore through the announcement or
completion of approximately US$17
billion of asset sales,” he said. “Follow-
ing the sale of our Australian assets,
approximately 70 per cent of Apache's
production will come from North
America onshore.”
As for the buyers, both Brookfield
Asset Management and Macquarie
Capital saw a chance to scoop up
lucrative assets in the context of a
downturn in the oil price cycle. The
value they saw in the assets, despite
Apache’s total withdrawal, was the
potential to tap into the Western Aus-
tralian natural gas market.
Macquarie and Brookfield will
jointly manage those assets, and each
initially holds 50 per cent interest.
The two companies plan to tap
into the strong local demand for gas in
Western Australia, particularly with
a long-term commitment to Alcoa to
supply 120 terajoules of natural gas
per day. The contract underpins the
value of the assets and the “commit-
ment of future capital to the business’
gas assets”.
Brookfield Head of Private Equity
Australia Len Chersky said the
Robert Perrons
Associate Professor
Queensland University of
Technology
“Low-price
environments
in commodity
markets are
often the
catalyst that
leads to a flurry
of mergers and
acquisition
activity.”
—Professor
Robert Perrons
3. Finance
portfolio had strong underlying value
“via its contracted domestic gas port-
folio, production flexibility and a great
platform for growth, organically and
through market consolidation, led by
the strong local management team.”
Shell’s big deal
Another significant deal for the Aus-
tralian LNG industry is the biggest deal
of the year to date—Shell’s purchase
of BG Group. The nearly $70 billion
takeover of the LNG darling allows
Shell to increase its presence in the
Australian LNG space.
WithPreludeonthewayinWestern
Australia,aninterestinotherprojectsin
theBrowseBasinandNorthWestShelf
andsomecoalseamgas(CSG)assets
intheBowenBasin,Shelliscementing
itselfasanLNGpowerhouse.
Queensland University of Tech-
nology Associate Professor Robert
Perrons, who previously worked with
Shell’s strategy and economics team,
said the acquisition of BG Group’s
stake in Queensland’s CSG market
will significantly change Shell’s overall
strategic footprint in Australia.
“BG Group clearly has a sizeable
stake in Queensland’s CSG production,
so this translates to Shell potentially
having a significantly larger footprint
in Queensland’s CSG domain than
it had last year,” Perrons said. “The
thing to remember here is that Shell
already had a presence in the CSG
space via Arrow Energy. Arrow is a
50-50 joint venture between Royal
Dutch Shell and PetroChina.
“One major benefit to mergers like
these is that companies can potentially
achieve gains in operational efficiency
by reducing duplicated functions,
and Shell will definitely be keeping its
eyes open around the world for those
kinds of opportunities,” he contin-
ued. “Arrow Energy and BG Group’s
Queensland assets will definitely at-
tract that kind of careful attention.”
Perrons said he thinks the two
companies have been a great strate-
gic fit for at least a decade and prob-
ably longer.
He also said the current market
conditions made this type of transac-
tion favourable because every oil and
gas company’s portfolio is worth less.
“Low-price environments in com-
modity markets are often the catalyst
that leads to a flurry of mergers and
acquisition activity,” he said.
Perrons said this deal was a
good way for Shell to increase its
reserves without taking too much
exploration risk.
“Whatismore,it’sbeengetting
moreandmoreexpensiveandtech-
nicallychallengingovertheyearsfor
BigOilsupermajorstoreplenishtheir
reserveswiththeirownexplorationef-
forts,sobuyingsomebodyelse’sportfo-
lioisalow-riskstrategyforimprovinga
company’sreservesprettyquickly,”he
said.“Shellhasbeenveryaggressive—
atleastbyBigOilstandards—inthe
LNGspaceforsometime,andtheBG
dealisexpectedtocatapultShellfrom
Apache Corp’s sale to Brookfield Asset
Management and Macquarie Capital included
gas fields in the Exmouth and Canning basins
and various facilities operated by Apache, such
as Varanus Island. (Source: Apache Corp)
OGIAustralia.com | July 2015 HartEnergy.com66
4. beingoneofthebiggestLNGplayersin
theworldtotheundisputedleader.So
thismoveisconsistentwiththisheavy
LNGemphasisinShell.”
Looking forward
The current market is a hot spring for
merger and acquisition activity, ex-
emplified by the level of activity in the
first half of 2015.
Independent analyst Peter Strachan
said the market was going to see a lot
more activity, particularly with junior
and mid-cap companies, given the oil
price was set to rise over the medium
to long term.
“Thecurrentoilpriceisforcingmany
smallercompaniestoseekfarm-infund-
ingorpartnershipsonmoregenerous
termsthanmighthavebeenavailable12
monthsago,”Strachansaid.
“I think that stronger companies,
such as Woodside, with low debt and
solid operating cash flow, are now in
an excellent position to acquire growth
assets. I think that oil production glob-
ally will begin to fall rapidly from July
this year, under the influence of a lack
of spending on field development.”
Strachan predicted the oil price
would recover to about US$85 per bar-
rel by the end of the year.
“More M&A activity is assured this
year, but is more likely to be through
funding at the project level than corpo-
rate moves,” he said.
He said the two deals were typical
of the current market, and said the ac-
costing of Apache’s assets will be seen
as a good deal in five years.
“Privateequityplayersrecognisethe
long-termvalueofoilandgasassetsand
believethatcurrentpricesareanom-
alousandunsustainablylow,somore
M&Aactionislikely,”Strachansaid.
He tipped the Cooper Basin as the
next big area to watch for activity, given
the gas shortage for the east coast.
“A looming gas shortage on Aus-
tralia’s east coast will shine a light on
Senex, Beach Energy, Drillsearch, Blue
Energy and Real Energy as they and
Santos seek to squeeze more gas out of
the basin’s tight reservoirs,” he said.
“Seven Group could be the catalyst
with its holdings in Drillsearch and
Beach, as well as interests in Gippsland
acquired from Nexus,” he continued.
“AWE Ltd is also well placed with little
debt, strong east coast gas assets and
good development options in the Perth
Basin and in Indonesia.”
Strachan said the place to invest
is in the Perth Basin, through AWE,
and the Otway and Bass Basins, again
through AWE and also more specu-
latively through 3D Oil and Beach, as
they work to explore T-49-P, south of
the Otway Basin.
“Gaspricesshouldrisethrough2016
creatingmoreinterestintheOtwayand
remnantGippslandBasinandCooper
Basinopportunities,”hesaid.n
Peter Strachan
Analyst and Co-owner
StockAnalysis
“Private equity players recognise
the long-term value of oil and gas
assets and believe that current prices
are anomalous and unsustainably
low, so more M&A action is likely.”
—Peter Strachan
HartEnergy.com July 2015 | OGIAustralia.com 67