What are the company's key operating areas?
Occidental Petroleum Corporation has a diverse portfolio with key operating areas focused primarily on exploration, production, marketing, and transportation of oil and natural gas. The company operates in several regions around the world, with significant activities in the United States, the Middle East, and Latin America.
In the United States, Occidental is particularly active in the Permian Basin, which is one of the most prolific oil-producing regions in the country. The company’s operations in this area emphasize enhanced oil recovery techniques and advanced technology to optimize production. They also engage in activities in the Eagle Ford Shale region in Texas and the Bakken Formation in North Dakota.
Internationally, Occidental maintains a strong presence in the Middle East, notably in Oman and Qatar, where it is involved in both upstream and downstream operations. The company’s interests in Latin America include production activities in Colombia and regional partnerships that enhance its operational capacity.
In addition to oil and natural gas exploration and production, Occidental is involved in chemicals and other businesses, which help to diversify its offerings and revenue streams. The company is committed to sustainability and is actively exploring projects in carbon management and environmental stewardship, presenting opportunities for innovation in these key operating areas.
To learn more about specific projects or the latest developments in these regions, it may be useful to visit the company’s current web page for comprehensive information.
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