Occidental Petroleum (OXY) is strategically leveraging its international upstream portfolio to drive growth, enhance stability, and diversify earnings. Key global assets—including Qatar’s Dolphin gas project, Oman’s Mukhaizna oilfield, and the UAE’s Al Hosn Gas—are major contributors to the company’s overall production and cash flow. This diversified global presence helps insulate OXY from the volatility of U.S. shale markets and domestic regulatory shifts, providing a more balanced and resilient platform for long-term shareholder value.

The company continues to expand its footprint across the Middle East and North Africa, reinforcing its leadership as Oman’s top independent oil producer. The region now accounts for nearly 20% of Occidental’s total production and over 25% of its proven reserves. At the same time, OXY is embedding sustainability into its operations worldwide via its 1PointFive initiative, a trailblazer in Direct Air Capture (DAC) technology.

Further international growth is on the horizon, highlighted by new memoranda of understanding with Algeria’s national oil company, Sonatrach. These agreements aim to unlock untapped hydrocarbon potential and reinforce OXY’s long-term partnerships across energy-rich regions.

Looking ahead to 2025, Occidental expects its international operations to deliver between 226,000 to 236,000 barrels of oil equivalent per day, contributing substantially to its global output. These overseas initiatives not only enhance the company’s free cash flow profile but also serve as a hedge against U.S.-centric risks.

Occidental Petroleum Corporation (OXY) is rapidly expanding its footprint across international markets, signaling a robust, multi-dimensional growth strategy that aligns with today’s global energy demands and ESG (Environmental, Social, and Governance) priorities.

From strategic partnerships in the Middle East to innovative carbon capture projects in Latin America, OXY is not just drilling for oil—it's drilling into the future. The company’s international operations are creating new revenue streams, enhancing energy security, and embracing sustainability on a global scale.

With a strong presence in globally resilient basins and a growing low-carbon technology portfolio, OXY is well-positioned for sustained growth—trading at an attractive valuation with promising upside as its international strategy continues to evolve.



How International Operations Strengthen U.S. Oil & Gas Giants

International operations play a crucial role in supporting U.S.-based oil and gas companies by broadening their revenue base, stabilizing cash flows, and mitigating reliance on domestic markets. Energy leaders like ExxonMobil (XOM) and Chevron (CVX) benefit significantly from global diversification, which helps cushion the impact of U.S. market volatility and regulatory shifts.

ExxonMobil’s offshore developments in Guyana and its LNG projects in Papua New Guinea are driving high-margin production growth. Similarly, Chevron’s strategic interests in Kazakhstan’s Tengiz field and LNG operations in Australia deliver strong earnings contributions and consistent cash flow.

This international exposure not only enhances operational resilience but also enables these companies to tap into rising energy demand across emerging markets. Furthermore, it positions them to lead in the global energy transition, with access to key regions investing in both traditional hydrocarbons and cleaner technologies.