CAPEX

The agreement on limiting oil production (OPEC+), reached in April this year, clearly indicated the need to improve the systems for managing the volumes of hydrocarbon production and supply. To address this task a decision has been initiated, at the highest State levels, for composing an inventory of drilled uncompleted …

Tracerco, part of Johnson Matthey Plc, is expanding its reservoir surveillance capabilities by announcing the launch of its new digital offering – the TracercoTM Insights Platform. Building on over 40 years of experience in providing reliable reservoir flow data, the TracercoTM Insights Platform delivers information in a fast, secure and convenient …

Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018–2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H2 2018 Production and Capital Expenditure Outlook …

Gazprom is the top spender among all oil and gas companies in the Former Soviet Union (FSU), in terms of new build capital expenditure (capex) to be spent on planned and announced projects across the oil and gas value chain during 2018–2025, according to leading data and analytics company GlobalData. …

Gazprom and China Petrochemical Corp (Sinopec) are the top spenders among global oil and gas companies, in terms of new build capital expenditure (capex) to be spent on planned and announced projects across the oil and gas value chain during 2018–2025, according to leading data and analytics company GlobalData. The …

For 2013, Alliance Oil Company plans to further reduce upstream capital expenditures to 250-290 MUSD[1] and focus on organic development of production assets in all regions, launching gas production in the Tomsk region and evaluating exploration potential in the Timano-Pechora region. Downstream capital expenditures are budgeted at 430-490 MUSD[2], essentially in line with 2012 …