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Upstream strategy
In Upstream we focus on exploration for new oil and gas reserves and developing major projects where our technology and know-how add value to the resource holders.
The implementation of our strategy will see us actively manage our portfolio around three themes in Upstream: building our resources base through world wide exploration, focused acquisitions, and exit from non-core portfolio positions; accelerating our resources to value, with profitable production growth, top quartile project delivery, and operational excellence; and competitive differentiation through integrated gas leadership, technology and partnerships.
Technology, integration and scale
Build resource base
- Global exploration
- Focused acquisitions
- Continued portfolio high grading
Accelerate resources to value
- Grow profitable production
- Top quartile project delivery
- Operational excellence & cost leadership
Competitive differentiation
- Integrated gas leadership
- Technology + partnerships
