Sentence examples for upstream exploration from inspiring English sources

The programme will also be available to other employees across its upstream – exploration and production – and technology businesses, but not at its downstream – fuel sale – operations.

Decc also approved Dana as operator of the Western Isles development project, which is a joint venture between Dana with an equity share of 77%, and Cieco, the Japanese upstream exploration and production company, which holds the remaining 23%.

Selling off bits of the firms that no longer make sense, such as refineries, can help; ConocoPhillips hived off its upstream exploration and production from refining in 2011.

"Upstream (exploration and production) earnings will be most affected, although there could be the initial positive impact of the planned cuts in capital expenditure and the ongoing layoff programme," said Armstrong.

Particularly, API 12F shop-welded, flat bottom tanks are a group of standard equipment with specific sizes and capacities that are commonly used in the upstream, exploration, and production segments of oil and gas projects.

Voser brushed aside suggestions he might be interested in taking over BP, saying Shell had "more than enough on its plate", and expressed no enthusiasm for plans being prepared by US rival ConocoPhillips, and also under consideration at BP, to split the business into two companies: one upstream exploration firm, the other a downstream refining operation.

Starting in 1993, it tried to move upstream into exploration and production the more profitable end of the oil industry.

To create the disaster fund, BP intends to sell $10bn of "upstream" oil exploration assets around the world and will cut back capital investment in its global operations this year from $20bn to $18bn.

And on July 14th ConocoPhillips announced that in 2012 it would separate its profitable "upstream" oil exploration and production business from the low-margin "downstream" jobs of refining and marketing.In this section The revolution at Le Monde Truth is nicer than fiction Trim staff, fat profits?

His experience managing technologically and geologically challenging upstream operations (exploration and drilling) prepared him for the difficult conditions that became the norm for the oil industry in the 21st century, especially as the world's supply of easy-to-reach crude oil diminished.

But this was still better than expected, thanks in part to upstream gas exploration and production and reduced costs.