INTERNATIONAL: Cash-rich oil majors focus on frontiers - Oxford Analytica

Report title: INTERNATIONAL: Cash-rich oil majors focus on frontiers

from Oxford Analytica
1360 word report published May 10, 2006

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Abstract:

The sale is emblematic of a broader strategy pursued by international oil companies focusing on assets that provide competitive returns on a long-term basis. This pushes them towards the oil frontiers of deepwater, harsh environments and unconventional resources.

Brief Excerpt:

INTERNATIONAL: IOC strategiesINTERNATIONAL: Cash-rich oil majors focus on frontiers BP announced yesterday its intention to sell oil and gas assets in the Netherlands. The sale is emblematic of a broader strategy pursued by international...

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Oxford Analytica

Country / Region:

Australia, Azerbaijan, Canada, France, Germany, India, Indonesia, International, Nigeria, Norway, Pakistan, Russia, Trinidad and Tobago, United Arab Emirates

Topic:

industry, chemical, corporate, energy, foreign investment, gas, investment, oil

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GEOGRAPHIC REGIONS : Australia, Azerbaijan, Canada, France, Germany, India, Indonesia, International, Nigeria, Norway, Pakistan, Russia, Trinidad and Tobago, United Arab Emirates

TOPICS : industry, chemical, corporate, energy, foreign investment, gas, investment, oil

SIGNIFICANCE : The sale is emblematic of a broader strategy pursued by international oil companies focusing on assets that provide competitive returns on a long-term basis. This pushes them towards the oil frontiers of deepwater, harsh environments and unconventional resource

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