Oil and Gas Industry Quarterly Update: July-September 2022
This IDC Market Perspective provides an overview of the oil and gas industry in 22Q3. It covers M&As, agreements, reorganizations, and major business developments; upstream, midstream, and downstream deals; global LNG contracts; EPC deals; major ICT ecosystem acquisitions and agreements; and ICT contract wins."How far European oil companies could afford minimizing trades with Russian energy counterparts will determine the fate of the energy market in the coming quarters," said Gaurav Verma, research manager, IDC Energy Insights.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Industry Overview
- Oil Geopolitics
- China Agrees to Pay for Russian Gas in Rubles and Yuan
- Complying with EU and Norwegian Sanctions, Equinor Completes Exit from Russian Operations
- Russian Pipeline Natural Gas Exports to Europe Decreases 40%
- Tension over the Nord Stream Pipeline Explosions
- GDP Trends
- E&P Activity
- Rig Count
- Liquid Fuel Production and Consumption
- Oil Prices
- Natural Gas Prices
- Listed Oil and Gas Companies' Performance
- S&P Global Oil Index
- S&P GSCI Natural Gas Index
- Downstream: Refinery Operations
- Upstream Licenses Round and E&P Agreements, 22Q3
- Congo Opens up Bidding of Oil Blocks
- U.K. Launches New North Sea Oil and Gas Licensing Round
- Uganda Announces Oil Block Licensing Round
- M&As, Agreements, Reorganizations, and Major Business Developments, 22Q3
- Azule Energy Comes to Light as Angola's Newest O&G Producer
- Chevron Signs MOU to Form Consortium to Explore Singapore CCUS Solutions
- EIG to Pay $4.8B for 25% Stake in Repsol's Upstream Business
- bp to Sell Interest in bp-Husky Toledo Refinery to Cenovus
- bp to Sell its Business in Algeria to Eni
- Equinor Signs Gas Sale Agreement with Poland's PGNiG
- Exxon to Sell Arkansas Shale Gas Assets to Flywheel Energy
- Germany Looking to Nationalize Another Gas Importer
- Marathon Petroleum, Neste Fform JV for Renewable Fuels Project in the U.S.
- PKN Orlen Looking to Buy Stake in Germany's PCK Schwedt Refinery
- TotalEnergies to Divest 49% Stake Russia's Termokarstovoye Gas Field
- Whitecap Resources Inc. Acquires XTO Energy Canada in All-Cash Transaction, Increases Dividend by 22%
- UAE Agrees LNG Deal with Germany
- Upstream, 22Q3
- ADNOC, Eni Explore Further Opportunities to Positively Contribute to Increasing Worldwide Gas Supply Security
- Aker BP Plans Exploration Drilling of 15 Oil And Gas Wells in 2023
- Eni Discovers Gas Offshore Cyprus
- LUKOIL to Start Caspian Development Drilling
- Neptune Energy Confirms New Oil Discovery Offshore
- ONGC Signs Offshore Small Fields Development Contracts
- Midstream, 22Q3
- ADNOC Announces $548M New Main Gas Line to be Built at Lower Zakum Field
- Cheniere, Whistler Pipeline to Form JV for Natural Gas Pipeline in the U.S.
- Petronas, YPF to Develop Argentina LNG Project
- Slovakia's SPP Signs LNG Contract with ExxonMobil
- Downstream, 22Q3
- Germany Assumes Control of Rosneft Deutschland Refineries
- Indian Oil Lets Contract for Panipat Refinery's Expansion Project
- bp Progresses Work to Restart Whiting Refinery
- Engineering, Procurement, and Construction/Installation/Commissioning Contracts (EPC/EPCI/EPCC), 22Q3
- Angola Consortium Grants Development Contracts to Saipem
- Neste Lets Contract to Technip to Expand Rotterdam Renewables Refinery
- Technip and Partners to Develop Floating CCS Hub in Australia
- New Energy Business Investments, Contracts, and Major Business Developments, 22Q3
- bp to Invest in New Global Battery R&D Center in Britain
- CNPC Launches 300MW Grid-Connected PV Generation Project in Yumen Oilfield
- Equinor to Buy U.S.-Based Battery Storage Firm East Point Energy
- First Power at Scotland's Largest Offshore Wind Farm
- Hertz, bp Collaborate to Accelerate EV Charging in North America
- Iberdrola, bp to Collaborate on Accelerating EV Charging Infrastructure and Green Hydrogen Production
- Plenitude to Develop New Partnership for Wind, Photovoltaic Projects in Italy and Spain
- Qatarenergy Signs Deal with GE to Develop Carbon Capture Roadmap
- Shell to Build One of the Largest Renewable Hydrogen Plant to Help Power Dutch Refinery
- European Commission Selects Be Charge to Build One of the Largest High-Speed Charging Networks in Europe
- TotalEnergies, Veolia Partner to Build the Largest Solar PV System for a Desalination Plant in Oman
- TotalEnergies Selected to Install 4,400 EV Charging Stations in Flanders
- Wildcat Discovery Raises $90M for High-Density EV Batteries
- ICT Ecosystem Major Acquisitions and Agreements and ICT Contract Wins,, 22Q3
- Baker Hughes Acquires Artificial Lift/Oilfield Solutions Provider AccessESP
- CGG, bp Sign Multi-Year Data Transformation Agreement
- CleanTech Acquisition Corporation, Nauticus Robotics Complete Business Combination
- OneSoft, Uptake Collaborate to Improve the Precision of Oil and Gas Pipeline Integrity
- Petrobras to Launch Atos-Built Pégaso Supercomputer
- Radix Wins Contract with Petrobras for Well and Subsea Engineering Solutions
- Schlumberger, Aramco to Collaborate on Digital Sustainability Solutions for Hard-to-Abate Carbon Industries
- Schlumberger and Cognite to Deliver Data-Driven Solutions
- Schlumberger Awarded Energy Data Project from Wintershall Dea
- Schlumberger Launches Enterprise Data Solution Powered by Microsoft Energy Data Services
- Siemens, Shell Collaborate to Advance Highly Efficient Low-Carbon Energy Solutions
- TWMA Launches XLink Real-Time Monitoring and Automation Solution
- Advice for Technology Suppliers and Services Providers
- Learn More
- Related Research
- Synopsis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook