Exact(1)
But at the same time, the company has quietly divested itself of an older asset.
Similar(59)
Kazakhmys has climbed higher after agreeing a deal to reduce tax on some of its older assets which are earmarked for disposal.
A brownfield allowance is encouraging smaller firms, such as Talisman and Apache, to buy less-productive older assets that the supermajors are leaving to concentrate on bigger, more profitable projects elsewhere.An increasingly active market for assets that can be better drained of oil by smaller specialists got another helping hand in the 2013 budget.
Facebook has emphasized acquiring older assets, which it could not have developed on its own.
Thus, BP has good incentive to sell older assets to NOCs that could grease BP's future investment.
Other rival chemical companies, some privately owned, have maintained older assets and run them mainly for cash, he added.
They understand the well-located, older assets still have plenty of upside opportunity if the right value-add strategy is implemented.
Modifying depreciation schedules and early plant retirements are important tools for transitioning away from older assets, such as coal plants, to cheaper resources such as wind and solar.
One old asset is being dropped: the Amdahl brand.
Eric is a twenty-eight-year-old asset manager whose life is at once completely protected and utterly vulnerable.
The Fleming estate gets to breathe continued life into an old asset by maintaining interest in Bond in between movies.
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