Oil and Natural Gas Corporation (ONGC) is an Indian government owned corporation and multinational crude oil and gas entity. Its registered office is in New Delhi. It is under the ownership of Ministry of Petroleum and Natural Gas , Government of India . It is the largest oil and gas exploration and production company in the country, and produces around 70% of India’s crude oil (equivalent to around 57% of the country’s total demand) and around 84% of its natural gas. In November 2010, the Government of India conferred the Maharatna status to ONGC. In a survey by Government of India for fiscal year 2019–20, it was ranked as the largest profit making PSU in India. ONGC was founded on 14 August 1956 by Government of India. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country. Its international subsidiary ONGC Videsh currently has projects in 17 countries. ONGC has discovered 7 out of the 8 producing Indian Basins, adding over 7.15 billion tonnes of In-place Oil & Gas volume of hydrocarbons in Indian basins. Against a global decline of production from matured fields, ONGC has maintained production from its brownfields like Mumbai High, with the help of aggressive investments in various IOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) schemes. ONGC has many matured fields with a current recovery factor of 25–33%.
It is the second largest Indian government hydrocarbon exploration and production corporation owned by Ministry of Petroleum and Natural Gas , Government of India with its operational headquarters in Duliajan, Assam, India. The company is a government-owned Navratna under the administrative control of India’s Ministry of Petroleum and Natural Gas with its corporate offices in Noida in the New Delhi-NCR region.
OIL is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The company’s history spans the discovery of crude oil in the far east of India at Digboi and Baghjan, Assam in 1889 to its present status as a fully integrated upstream petroleum company. Recoverable oil reserves. As of 2014 the company produced 3.466 MMT of crude oil, 2625.81 million cubic metre at standard conditions of natural gas and 46,640 tonnes of LPG. Most of this was produced from its traditionally rich oil and gas fields concentrated in the Northeastern part of India and contribute around 80% of total oil and gas produced in the region.
It is an Indian multinational conglomerate company headquartered in Mumbai, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. In 2002, Reliance announced India’s biggest gas discovery (at the Krishna Godavari basin) in nearly three decades and one of the largest gas discoveries in the world during 2002. The in-place volume of natural gas was in excess of 7 trillion cubic feet, equivalent to about 120 crore (1.2 billion) barrels of crude oil. This was the first ever discovery by an Indian private sector company.
It is a part of the D.P. Jindal Group Drilling Division, is a leading company amongst Indian Private sector companies in offshore drilling in India’s Oil & Gas sector with operation since 1989. JDIL has to its credit around 30 years of operational experience backed by an accomplished staff and crew. With expertise in all areas of Oil and Gas sector coupled with the impeccable quality of service and extensive expertise that the workforce possesses, we are proud to say that JDIL’s workforce is its greatest investment. The performance of the company can be considered as excellent as it has won many awards from time to time including the rare international safety award of “No Lost Time Accident” from “International Association of Drilling Contractors, Houston (USA)” for Safety Excellence through its stringent safety measures in this high tech area. JDIL has established an Indian record for having logged two years without a lost-time accident.
It is a state government owned group of oil and gas exploration, production and distribution companies based in Gujarat, India. It is India’s only state government-owned oil and gas company under the ownership of Department of Energy and Petrochemicals , Government of Gujarat. GSPC was incorporated in 1979 as a petrochemical company. GSPC has made one of India’s largest gas finds in the Krishna Godavari Basin. It has also built the country’s first land-based drilling platform, Ratnakar, at Hazira. GSPC has also exploration activities in Egypt, Yemen, Indonesia, and Australia
It is an Indian multinational conglomerate and construction company, founded by Shashi Ruia and Ravi Ruia, in 1969. Essar Global Fund Limited (EGFL) controls a number of assets across the core sectors of Energy (Oil Refining, Oil & Gas Exploration & Production, Power), Infrastructure (Ports, Projects), Metals & Mining, and Services (Shipping, Oilfield Services, IT). EGFL holds near 100% stake in all its investments.
Essar Oil & Gas Exploration & Production Ltd. (EOGEPL) owns a portfolio of CBM blocks with about 1.7 billion barrels of oil equivalent in reserves and resources. It operates India’s highest producing CBM (Coal Bed Methane) block in Raniganj, West Bengal, and owns four other CBM blocks. EOGEPL’s Raniganj East CBM block in West Bengal, which is the highest producing coal bed methane block in the country, also has tremendous shale potential as has been confirmed by an independent study. The block has shale gas resources of 7.7 TCF (trillion cubic feet) and recoverable reserves of 1.6 TCF. EOGEPL has invested around Rs 4,000 crore in the Raniganj block, which will produce 1.7 million standard cubic metre per of gas from coal seams (CBM) in the next two years. The volume will go up to 2.5 million cubic metre per day at standard conditions in three-four years
Bumi Armada Berhad is an oilfield services company which provides marine transportation, engineering and maintenance services to the offshore oil and gas industry. It is based in Kuala Lumpur, Malaysia, and has operations in Southeast Asia, South Asia, West Africa, Central Africa, Europe, South America and the Caspian Sea region. It is the world’s fifth largest floating production storage and offloading (FPSO) provider with six vessels. Bumi Armada was incorporated in 1995 and first went public in 1997. It became the first Malaysian company to own and operate a floating production storage and offloading (FPSO) vessel.
It is a Coalbed methane production company, which is located in Asansol district of West Bengal. With two CBM blocks, one in Raniganj at West Bengal and the other one in Mannargudi at Tamil Nadu, it has played an important role in providing methane gas.[1] The wells dug in the respective blocks are well connected with Gas Gathering Stations and gas is fed into its dedicated steel pipeline network to maintain the supply. It provides Compressed Natural Gas through an agreement with Bharat Petroleum Corporation Limited and Indian Oil Corporation Limited
The National Iranian South Oil Company is a government-owned corporation under the direction of the Ministry of Petroleum of Iran, and operates as a subsidiary of National Iranian Oil Company.
NISOC is incorporated 1971 in Masjed Soleyman, Khouzestan as Oil Service Company of Iran (OSCO). Currently NISOC is Iran’s biggest oil producer, and produce 3 million barrels of oil per day. the company is active in a land area more than 400,000 km² with headquarters in Ahvaz. NISOC is producing about 83% of all crude oil and 17% of natural gas produced in Iran and ranks as the Iran’s biggest oil company.
National Iranian South Oilfields Company, through its subsidiaries, produces crude oil, gas, and liquefied gases. The Company’s reserves portfolio include Ahvaz Field (the world’s 3rd largest oil field) and in charge of onshore giant oilfields in Iran (like Gachsaran, Marun, Bibi Hakimeh, RagSefid and Aghajari) and focuses on onshore upstream activity in the province of Khuzestan, Kohgiluyeh and Boyer-Ahmad, Bushehr and Ilam.As Khuzestan is the main oil- and gas-producing province, this entity is among the most significant in the NIOC subsidiaries.
Gas Malaysia Berhad (doing business as Gas Malaysia; MYX: 5209) is a natural gas production and distribution company in Malaysia. Gas Malaysia Berhad was established on 16 May 1992 to produce, sell, market and distribute natural gas as well as to develop, operate and maintain the Natural Gas Distribution System (“NGDS”) network within Peninsular Malaysia. As of February 2011, Gas Malaysia had 33,707 residential and commercial customers as well as 691 industrial customers.
North Caspian Operating Company (NCOC) is an operating company for the North Caspian Sea Production Sharing Agreement (NCSPSA). NCOC is based in Atyrau, Kazakhstan. The agreement includes seven companies consisting of KazMunayGas, Eni, ExxonMobil, Royal Dutch Shell, Total S.A. (16.81% each), China National Petroleum Corporation (8.4%) and Inpex, (7.56%). NCOC was created in 2009 taking responsibilities from Agip KCO. The offices of NCOC are in Atyrau, Kazakhstan. As of July 2015, the company employed 2584 personnel.
Petroliam Nasional Berhad (National Petroleum Limited), commonly known as Petronas, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia. Since its incorporation, Petronas has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. The group is engaged in a broad spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment. The company is headquartered at the Petronas Towers which was officially opened on Malaysia’s 42nd National Day, 1999 – in the corporation’s 24th Anniversary year.
Petroleum Sarawak Berhad (PETROS) is a state-owned oil and gas exploration firm established and owned by the State Government of Sarawak. In June 2017, the Chief Minister of Sarawak, Abang Johari Openg, announced that Sarawak will establish a state-owned oil and gas exploration company. On 4 July 2017, Abang Johari announced that the petroleum company would be 100 percent owned by Sarawak. The Headquarters are in Kuching, Sarawak.
Sapura Energy Berhad (formerly known as SapuraKencana Petroleum Berhad) is a Malaysian integrated oil and gas services company based in Seri Kembangan, Selangor. Sapura Energy trades in over 20 countries, such as China, Australia, United States of America, and those in Western Africa and the Middle East, employing approximately 13,000 people. Sapura Energy’s operations cover exploration, development, production, rejuvenation, decommissioning, and abandonment. The company was formed via a merger between SapuraCrest and Kencana in May 2012 and trades on the Main Market of Bursa Malaysia Securities Berhad. The company was renamed as Sapura Energy Berhad on March 24, 2017. Sapura Energy Berhad is a public limited liability company. As of 2017, the number of shareholders totals to 37,217 with Sapura Technology Sdn Bhd retaining 13.37% and the Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board holding 10.06% of the shares. It is Headquartered in No. 7, Jalan Tasik, Mines Resort City, 43300 Seri Kembangan, Selangor, Malaysia.
KazMunayGas Exploration Production JSC is a KazMunayGas-majority-owned oil and gas company operating in the Republic of Kazakhstan. The Company explores for hydrocarbons in Mangistau, Atyrau and Kyzylorda regions of Kazakhstan and is the second largest oil producer in the country. It is Headquartered in Nur-Sultan, Kazakhstan.
Mitsui Oil Exploration Co., Ltd. (MOECO) is an oil exploration subsidiary of Mitsui & Co. that specializes in natural gas. It has its headquarters in the Hibiya Central Building in Nishi-Shinbashi, Minato, Tokyo.
It was one of 17 Mitsui companies that were spun off on July 19, 1969.
Its core areas are Thailand, where it drills principally in the Gulf of Thailand in conjunction with Chevron, and Vietnam and Cambodia. As of March 31, 2010 Mitsui & Co. owns 73.35% of the company. The Ministry of Economy, Trade and Industry owns 20.03%. Mitsuo Hidaka is the President & Chief Executive Officer.
Nostrum Oil & Gas plc is an oil and gas exploration and production company operating in Kazakhstan. The company is listed on the London Stock Exchange. The company was established as Zhaikmunai LP in 1997 to exploit opportunities in the Kazakhstan and started production in its first field in October 2000. After acquiring interests in three additional fields in August 2012, it changed its name to Nostrum Oil & Gas in December 2013.
Addax Petroleum was founded on a deep knowledge of the African continent and today, we are a wholly owned subsidiary of Sinopec International Petroleum Exploration and Production Corporation (SIPC) and a leading international oil and gas exploration and production company with strategic focus on Africa, the Middle East and Europe.
Our acquisition by the Sinopec Group in 2009 ushered in a new phase in our development. As Sinopec’s largest overseas subsidiary, we have been spearheading its internationalisation strategy – strengthening its upstream operations and accounting for approximately a third of its overseas production
Alpha Petroleum Resources Limited (Alpha) is a privately owned upstream oil and gas company, focusing on operated, development and production activities in the UK sector of the North Sea. Alpha was established in 2000, acquired its first three licences in 2001, was appointed as a Production Operator in 2002 and achieved first production from its Helvellyn gas field in early 2004. Three further gas fields – Kilmar, Wenlock and Garrow – were brought on stream in the period 2005-2007. Alpha is now focusing on the development of the Cheviot field, working on increasing gas production and looking for opportunities to expand the current portfolio.
Cairn is an experienced oil and gas explorer, developer and producer and has operated in a variety of locations around the world. Historically, Cairn focused on South Asia where it created significant value for shareholders and stakeholders, particularly through its discovery, development and production of oil in Rajasthan, India. This was the largest onshore discovery in India for more than 25 years with the potential to provide more than 30% of India’s daily crude oil production and generate many billions of US dollars in revenue for the Government of India.
In 2006 the Indian business, Cairn India Limited (CIL), was listed on the Indian stock exchanges and in 2012 Cairn sold the majority of its stake in CIL and returned cash to shareholders as part of its business model to create, add and realize value for shareholders. Between 2006 and 2012 Cairn returned US$4.5 billion to shareholders.
Having created a legacy asset for India, Cairn then focused on rebuilding the business to create, add and realize value once again through exploration, development and production. We made the largest global offshore discovery of 2014 in Senegal which is now in the development planning stage, and participated in the development of two of the largest projects in the UK North Sea, Catcher and Kraken, which began production in 2017.
Cairn has a flexible exploration portfolio with a balance of near infrastructure, short cycle time opportunities with high value while remaining exposed to large, more frontier opportunities. This exploration is sustained by our production and development assets in the North Sea which provide the cash flow to support future exploration and development activity.
Dana Petroleum Limited is an exploration and production company with operations and interests in the UK, the Netherlands and Egypt. It is a wholly owned subsidiary of the Korea National Oil Corporation. Average daily production of 57,000 barrels of oil and gas per day in 2019
Summit Exploration and Production Ltd is a London based, wholly owned subsidiary of the Sumitomo Corporation. The company is focused on finding, developing and producing oil and gas assets. Whilst continuing to pursue UK opportunities, Summit is actively looking to expand operations into Africa and European margins in the near future. In the 1980s the Sumitomo Corporation expanded operations to establish a core area of business in the UK North Sea, ahead of other privately owned Japanese companies. Initially the company held a non-operator interest in several UK producing fields.
In 2008, there was a change of focus in the company to expand exploration activity, resulting in an increase in staff and technical capabilities both in Japan and the UK.
In 2009 the company was approved as an operator for exploration in the UK North Sea. A major milestone in 2009 was the acquisition of 100% of the share capital of Oranje-Nassau (U.K.) Limited as part of an asset replacement activity. During the same year some existing assets within the North Sea were divested.
In 2012 Summit drilled its first well as an operator.
In 2014 Summit divested some of its production assets and drilled a successful discovery in the Avalon prospect. The divestment was by way of a company sale of the existing company, Summit Petroleum Ltd, with all retained assets moved to the current operating company, Summit Exploration and Production Ltd. With these activities, Summit is positioning itself to obtain a good balance between exploration, development and production assets.
When the company was created, they had one goal – to establish a successful energy infrastructure business that would play an important role in maximizing economic recovery in the North Sea.
Their first investment was in one of the most significant assets in the UK’s national infrastructure, the Central Area Transmission System (CATS); CATS is a successful and much valued part of their business and the foundation from which they continue to grow.
Their story began in 2014 when Antin Infrastructure Partners invested in the Central Area Transmission System (CATS) via CATS Management Limited, the entity formed to manage Antin’s interests in the North Sea. CATS Management set the strategy, delivering safe and efficient operational and financial performance, and growing the business.
Following further investment in the Central and Southern North Sea, including expansion into greenfield development with the Humber Gathering System, and to reflect its growing portfolio CATS Management rebranded its business to be known as Kellas Midstream.
After a very successful five years, in early 2020, Antin Infrastructure Partners sold their interest in Kellas Midstream to global investment and asset managers BlackRock and GIC.
China National Offshore Oil Corporation, or CNOOC Group is one of the largest national oil companies in China. It is the third-largest national oil company in the People’s Republic of China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec).The CNOOC Group focuses on the along with its subsidiary COOEC.
CNOOC operates in six business sectors: exploration and development of oil and gas; technical services; logistic; chemical and fertilizer production; natural gas and power generation, and financial services and insurance. In 2004, the company generated revenue of RMB70.92 billion, a net profit of RMB 24.22 billion and RMB 12.09 billion in taxes (up 32 percent, 62 percent and 80 percent, respectively, from the previous year).By the end of 2004 total and net assets had reached RMB153.26 billion and 83.06 billion, a 28- and 21-percent increase from the beginning of the year. The company is fifth and twelfth in gross profits and total assets of state-owned enterprises in China. Standard & Poor’s and Moody’s Investors Service assigned CNOOC a long-term BBB+ and A2, equivalent to China’s government rating and the highest rating for a Chinese company.
PetroChina Co. Ltd. engages in the petroleum related products, services and activities. It operates through the following business segments: Exploration and Production; Refining and Chemicals; Marketing; Natural Gas and Pipeline; and Head Office and Other. The Exploration and Production segment involves exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment focuses on the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment includes marketing of refined products and the trading business. The Natural Gas and Pipeline segment comprises transmission of natural gas, crude oil, and refined products and the sale of natural gas. The Head Office and Other segment relates to cash management and financing activities, the corporate center, research and development, and other business services supporting the operating business segments of the Group. The company was founded on November 5, 1999 and is headquartered in Beijing, China
Shaanxi Yanchang Petroleum Group is a Chinese conglomerate mainly engaged in the exploration, production, transportation, and sale of petroleum and natural gas, and in addition the production and sales of petrochemical products. Founded in 1905, it is the fourth largest oil producer in the country. Almost all its reserves and refineries are located in Shaanxi.
In April 2009, Yan Chang Logone Development Holding Company Ltd., a subsidiary of Yanchang inked a production sharing agreement with the state oil company of Cameroon, Societe Nationale des Hydrocarbures. Under the terms, Yanchang will explore and drill one exploration well in the Zina and Makary blocks of the Logone Birni basin, located far north, near N’djamena, Chad. Total S.A. also considered such an agreement but was squeamish about the political risk. The company acquired a 15% stake in 2010 in Sino Union Energy Investment (Sunpec) which controls four oil exploration blocks in Madagascar. Back in 2008, Yanchang had agreed to a joint venture with Sunpec and Towngas to develop block 3113 with technical assistance from Yunnan Kaiyuan Oil and Gas. The venture was success leading to the discovery of light oil in November 2009. This block along with block 2104 have estimated oil reserves of 5.6 billion barrels and natural gas reserves of 66 billion cubic meters
China Oilfield Services (COSL) is an oilfield services company. It is a majority owned subsidiary of Chinese state owned company CNOOC Group. It also has a listed sister company in Hong Kong, CNOOC Limited.
China Oilfield Services usually purchases off shore vessels (OSVs) and operates them in Southeast Asia, the Middle East and Central Asia in off shore projects of CNOOC. It also operates in Indonesia, Malaysia and the Caspian Sea.
COSL’s overseas revenue surged 133% year on year in the first half of 2015 to 209.8 million yuan, driven by demand for its services in Indonesia, West Africa and the Middle East. Globally, the number of listed players in the oilfield services sector is just over 100, with a combined market capitalisation of about US$250 billion. The top five account for 40% of the industry’s market capitalisation. The two largest companies in this sector are Schlumberger with a 2007 year-end market cap of US$117.6 billion and Halliburton with a 2007-year end market cap of US$33.4 billion.COSL claims a 95% share of China’s market for offshore drilling services, 70% of the marine support and transportation market, 60% of the well survey services market and more than 50% of the seismic data collection market.Globally, about 15% of oil companies’ capital expenditure goes to exploration, 35% to field development and 50% to production.COSL posted a 22.7% year-on-year rise in interim net profit to 555.9 million Yuan, ($115 million).
Saudi Aramco , officially the Saudi Arabian Oil Company is a Saudi Arabian public petroleum and natural gas company based in Dhahran. As of 2020, it is one of the largest companies in the world by revenue. Saudi Aramco has both the world’s second-largest proven crude oil reserves, at more than 270 billion barrels (43 billion cubic metres), and largest daily oil production of all oil producing companies. Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System. Its 2013 crude oil production total was 3.4 billion barrels (540 million cubic metres), and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar Field, the world’s largest onshore oil field, and the Safaniya Field, the world’s largest offshore oil field.
Founded in 1971, Al Masaood Oil & Gas is one of the first established oil and gas suppliers and contractors in the United Arab Emirates. With over 48 years of expertise in upstream and downstream operations and a workforce of over 900 headcounts, Al Masaood Oil & Gas provides advanced energy services throughout the UAE, the Middle East, North Africa, the Eastern Mediterranean and South Asia. Headquartered in Abu Dhabi, the company has subsidiaries in Saudi Arabia, Kuwait, Oman, Algeria, Cyprus and Pakistan, in addition to a sales network in Egypt, Lebanon, Greece and Montenegro, through its foreign affiliate ventures. Beside its core line of petroleum services, Al Masaood Oil & Gas is commonly known as one of the key local sponsors, agents and strategic partners of multinational contractors and manufacturers operating within the energy industry in the UAE.
Gazprom Neft is a subsidiary of the Russian energy giant Gazprom. Although Gazprom Neft has an independent listing on the Moscow Exchange, its parent holds more than 95% of its outstanding shares. The Russian government, in turn, holds 50% of Gazprom shares.
Gazprom Neft produced about 482 million barrels of oil in 2014. Natural gas production amounted to about 104 million BOE during the year. The company has production operations in Russia, Iraq, Venezuela and several other countries. It operates four refineries in Russia and another in Belarus. Nearly 1,750 Gazprom Neft service stations operate in Russia and Europe. Gazprom Neft has a market capitalization of nearly $10.5 billion.
Surgutneftegas falls just behind Gazprom Neft with crude oil production of nearly 447 million barrels in 2014. Gas production rose to about 55.3 million BOE on the year. The company’s operations are mostly confined to the domestic market. In addition to its exploration and production activities, the company operates a refinery and a gas processing plant, produces petrochemicals, and runs a power generation business. Surgutneftegas also operates nearly 300 service stations. It has a market capitalization of over $18.5 billion
Tatneft produced almost 193 million barrels of oil in 2014, in addition to gas production of almost 5.5 million BOE. The company produces oil and gas primarily within Russia, although international projects are in development. Tatneft operates a refining and petrochemical complex, a second refining facility and a gas processing plant. A tire manufacturing facility is housed in the refining and petrochemical complex, where a total of 12.5 million tires were produced in 2013.
PAO NOVATEK is the largest independent natural gas producer in Russia. The Company is principally engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons and have 25 years of operational experience in the Russian oil and natural gas sector.
As of 31 December 2020, total SEC proved reserves, including the Company’s proportionate share in joint ventures, aggregated 16,366 million barrels of oil equivalent (boe), including 2,244 billion cubic meters (bcm) of natural gas and 197 million metric tons (mmt) of liquid hydrocarbons. Total proved reserves increased by 0.6% (excluding 2020 production) as compared to the year-end 2019.
Rosneft is Russia’s biggest oil company, with reported production of about 1.5 billion barrels in 2014. The company also ranks as Russia’s third biggest natural gas company, with production amounting to more than 345 million barrel of oil equivalents (BOE). Rosneft has a market capitalization of nearly $38.7 billion, making it the highest publicly valued company in this list.
Rosneft maintains exploration and production activities across Russia and in 10 other countries, including the United States, Canada, Brazil, Norway and Vietnam. It operates 13 refineries in Russia and has an interest in seven additional refineries in Western and Eastern Europe. Rosneft also operates a network of over 2,400 retail gasoline service stations and is Russia’s largest supplier of jet fuel.
BP plc (official styling BP p.l.c., formerly The British Petroleum Company plc and BP Amoco plc) is a British multinational oil and gas company headquartered in London, England. It is one of the world’s seven oil and gas “supermajors”. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, power generation and trading. It also has renewable energy interests in biofuels, wind power, smart grid and solar technology. As of 31 December 2018, BP had operations in nearly 80 countries worldwide, produced around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent. The company has around 18,700 service stations worldwide.
Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in 60 countries worldwide and has 30,000 employees from over 120 nationalities.
WEATHERFORD ENERGY SERVICES SAUDI ARABIA CO. LTD is located in Al Khobar, Saudi Arabia and is part of the Oil & Gas Well Drilling Industry. WEATHERFORD ENERGY SERVICES SAUDI ARABIA CO. LTD has 570 employees at this location and generates $80.15 million in sales (USD). Weatherford is a leading wellbore and production solutions Company providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. Many of the Company’s businesses, including those of predecessor companies, have been operating for more than 50 years. Weatherford conducts operations in 75 countries and maintains service and sales locations in virtually all the major oil and natural gas producing regions globally.
Total SE is a French multinational integrated oil and gas company founded in 1924 and one of the seven “supermajor” oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large scale chemicals manufacturer.
Total has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index. In the 2020 Forbes Global 2000, Total SE was ranked as the 29th-largest public company in the world. Like other fossil fuel companies, Total has a complex history of environmental and social impacts, including multiple controversies. According to the CDP Carbon Majors Report 2017 , the company was one of the top 100 companies producing carbon emissions globally, responsible for .9% of global emissions from 1998-2015.
GEI Inspection Services offers clients a variety of services relating to the oilfield industry. Such services include the full range of inspection, maintenance, NDT marine inspection, lifting gear inspection services and pipe management services in order for the client to protect their investments. Third party services, such as mill surveillance is also offered to ensure that the tubular manufacturers are in compliance with API and customer specifications during its manufacturing process.
Rawabi Oil & Gas (ROG), a fully owned subsidiary of Rawabi Holding Company, was founded in 1980 with the vision of making practical supply and service a reality in the Oil & Gas industry.
Today, ROG is the top agent and distributor for a vast portfolio of prominent, internationally recognized manufacturers; as well as joint-venture-based Oil & Gas and Petrochemical service and technology providers. ROG’s trading line of business includes the supply of upstream and downstream chemicals, mechanical and electrical products; test, measurement, and control instruments, as well as a diverse portfolio of production, transportation, and process equipment and materials.
ConocoPhillips is a multinational corporation engaged in hydrocarbon exploration. It is based in the Energy Corridor district of Houston, Texas.
The company has operations in 17 countries and has production in the United States (49% of 2019 production), Norway (10% of 2019 production), Canada (5% of 2019 production), Australia (12% of 2019 production), Timor-Leste, Indonesia (4% of 2019 production), Malaysia (4% of 2019 production), Libya (3% of 2019 production), China (3% of 2019 production), and Qatar (6% of 2019 production). The company’s production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Approximately 1/3 of the company’s U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River, and the Kuparuk oil field and Prudhoe Bay Oil Field on the Alaska North Slope.
As of December 31, 2019, the company had proved reserves of 5,262 million barrels of oil equivalent (3.219×1010 GJ), of which 50% was petroleum, 37% was natural gas, 8% was natural gas liquids and 5% was bitumen.
The company is ranked 93rd on the Fortune 500. In the 2020 Forbes Global 2000, ConocoPhillips was ranked as the 201st -largest public company in the world.
The company was ranked as the 14th most polluting company in the world by The Guardian in 2019. It is responsible for 0.91% of global industrial greenhouse gas emissions from 1988 to 2015.
The Conoco Museum in Ponca City, Oklahoma, is dedicated to the history of the company
Schlumberger has the know-how to get oil and gas drillers out of a slump. One of the world’s largest oilfield services companies with scores of business units, it provides a full range of services, including seismic surveys, formation evaluation, drilling technologies and equipment, cementing, well construction and completion, and project management. Schlumberger also provides reservoir evaluation, development, and management services, and is developing new technologies for reservoir optimization. Through its Western Geco business, the company provides seismic and other surveying services to customers worldwide. In 2016 Schlumberger acquired rival Cameron International in a deal worth $14.8 billion.
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.
The company is ranked 186th on the Fortune 500 and 337th on the Forbes Global 2000.
The company was named Enron Oil & Gas Company before its separation from Enron in 1999.
Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 252nd-largest public company in the world.
Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 280 company-owned, and 200 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco). In 2009, Suncor acquired the former Crown corporation Petro-Canada, which replaced the Sunoco brand across its existing outlets. Suncor also markets through a retail network of Shell and ExxonMobil branded outlets in Colorado.
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile. It is organized in Delaware and headquartered in Houston. The company is ranked 167th on the Fortune 500 and 669th on the Forbes Global 2000.
Lukoil produced nearly 707 million barrels of oil in 2014 and ranked as the second-biggest producer in the country. The company’s natural gas production came in at more than 92 million BOE on the year. It has a market capitalization of more than $27.7 billion.
In addition to gas and oil exploration and production activities across Russia, Lukoil operates in 12 other countries in Europe, Africa and the Middle East. Its refining and petrochemical operations include six refineries in Russia and an interest in five more refineries in New Zealand and Europe. Lukoil also operates power generation facilities in Russia and gasoline service stations in Russia, Europe and the U.S.
Royal Dutch Shell, commonly known as Shell, is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands, and incorporated in the United Kingdom as a public limited company. It is one of the oil and gas “supermajors” and, measured by 2020 revenues, the fifth-largest company in the world, the largest based in Europe, and the largest not based in either the United States or China. In the 2020 Forbes Global 2000, Shell was ranked as the 21st-largest public company in the world. Shell was first in the 2013 Fortune Global 500 list of the world’s largest companies; in that year its revenues were equivalent to 84% of the Dutch national $556 billion GDP.
Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation, and trading. It also has renewable energy activities, including biofuels, hydrogen and wind. Shell has operations in over 70 countries, produces around 3.7 million barrels of oil equivalent per day and has around 44,000 service stations worldwide. As of 31 December 2019, Shell had total proved reserves of 11.1 billion barrels (1.76×109 m3) of oil equivalent. Shell Oil Company, its principal subsidiary in the United States, is one of its largest businesses. Shell holds 50% of Raízen, a joint venture with Cosan, which is the third-largest Brazil-based energy company by revenues and a major producer of ethanol.
Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world’s largest companies; as of March 2020, it ranked fifteenth in the Fortune 500 with yearly revenue of $146.5 billion and market valuation of $136 billion. In the 2020 Forbes Global 2000, Chevron was ranked as the 61st -largest public company in the world. It was also one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. Chevron is incorporated in California.
Chevron’s downstream operations manufacture and sell products such as fuels, lubricants, additives, and petrochemicals. The company’s most significant areas of operations are the west coast of North America, the U.S. Gulf Coast, Southeast Asia, South Korea and Australia. In 2018, the company produced an average of 791,000 barrels of net oil-equivalent per day in United States.
Repsol arrived in Mexico in 1999. Here, they distribute lubricants and specialized products, develop exploration and production activities, and have strategic partnerships with local companies that share their values and principles of honesty and integrity. They are also present throughout the oil and gas value chain and are clearly committed to growing alongside the Mexican market. Their objective is to provide a responsible energy supply and contribute towards the economic development of the country.
In 2018, Repsol received the contract for 6 offshore exploration blocks in the Gulf of Mexico. Oil discoveries were made in two of them—located in deep waters, off the coasts of Veracruz and Tabasco—in 2020, with great potential and excellent properties.
They have a total installed capacity of 3,295 MW and 1.3 million electricity and gas customers. They have opened more than 250 service stations across Mexico where they have also started producing lubricants.
Premier Oil plc is an independent UK oil company with gas and oil interests in the UK, Asia, Africa and Mexico. It is devoted entirely to the ‘upstream’ sector of the industry – the exploitation of oil and gas – as opposed to the ‘downstream’ refining and retail sector
In June 2014, the company received final approval from the UK Department of Energy and Climate Change for the development of the Catcher area oil and gas block in the North Sea, of which the company owns 50% and has operating rights. Oil was expected to be flowing by mid-2017
Kuwait Petroleum Corporation is Kuwait’s national oil company, headquartered in Kuwait City. The activities of Kuwait Petroleum Corporation are focused on petroleum exploration, production, petrochemicals, refining, marketing, and transportation. KPC produces about 7% of the world’s total crude oil.
In 1934 KPC received the first Kuwait Oil Concession Agreement, after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company. In 1975 the state signed agreements with British Petroleum and Gulf and after its shares were progressively increased, Kuwait Petroleum Corporation was founded on 27 January 1980 as an umbrella company, integrating KOC, KNPC, KOTC and PIC and effectively placing them under government control. Between 1983 and 1987 KPC acquired most of Gulf Oil’s refining operations in Western Europe. In 1992 KPC began to operate in Spain and in 1994 the company acquired BP’s Luxembourg assets.
In May 2013 Nizar Al-Adsani was appointed chief executive officer of the corporation. In December 2018 Hashem Hasehm was appointed as chief executive officer.
In January 2020, Kuwait Petroleum Corporation and Qatar Petroleum signed a 15-year sale and purchase agreement for the supply of up to 3 million tonnes of LNG to Kuwait annually. The agreement was signed in order to meet Kuwait’s growing energy needs and the LNG delivery will begin from 2022.
The Kuwait Oil Company (KOC) is an oil company headquartered in Ahmadi, Kuwait. It is a subsidiary of the Kuwait Petroleum Corporation, a Government-owned holding company. Kuwait was world’s 10th largest petroleum and other liquids producer in 2013, and fifth-largest exporter in terms of volume of crude oil and condensates. The managing director of the company is Emad Sultan.
The Kuwait Oil Company was founded in 1934 by Anglo-Persian Oil Company and Gulf Oil as an equally owned partnership. The oil concession rights were awarded to the company on 23 December 1934 and the company started drilling operations in 1936. First oil was discovered in 1938 in Burgan field, followed by discoveries in Magwa in 1951, Ahmadi in 1952, Raudhatain in 1955, Sabriya in 1957, and Minagish in 1959.
The initial development of the oil industry coincided with the end of the British Raj in India and many British and Indian administrators and engineers transferred from there to Kuwait. The oil town of Ahmadi was set up to house these workers, and was segregated on racial lines. Such segregation continued in the amenities and recreational facilities offered to company employees. Race to a large extent dictated the status of employees and conditions of employment within the company.
Kuwait Energy, established in 2005, is an independent MENA-focused oil and gas exploration and production company with a registered office in Jersey, head office in Bahrain and main offices in Kuwait, Cairo, Basra and Sana’a. These offices oversee our main operations in Egypt, Iraq, Yemen and Oman
Eastern United Petroleum Services was established in 2004, to provide state-of-the art technology, services & facilities required to support the upstream Oil and Gas sector in its vast potentials in the extraction of hydrocarbons by the national and regional NOCs and IOCs. Our strength lies in providing practical and reliable oilfield services such as Wireline Logging and Surface Well Testing in addition to technology to find, develop, produce and manage oil and gas reservoirs. Operating at present from Kuwait with an international manpower of highly qualified personnel, we plan to further expand in the Middle East region in the years to come.
Imperial Oil (IMO.TO) is an integrated company engaged in the exploration, production, refining, transportation, and sale of crude oil and natural gas. The company also manufactures and markets various petrochemicals.
Canadian Natural Resources (CNQ.TO) is an oil and gas exploration and production company. It produces synthetic crude oil, light and medium crude oil, bitumen, primary heavy crude oil, and Pelican Lake heavy crude oil.
Cenovus Energy (CVE.TO) is an integrated oil and natural gas company engaged in the development, production, and marketing of crude oil, natural gas liquids, and natural gas. It also refines crude oil and transports and sells refined petroleum and chemical products.
Japan Petroleum Exploration Company Limited (JAPEX) is a hydrocarbon exploration, production, and transportation company. JAPEX explores and produces crude oil, natural gas, and liquefied natural gas reserves worldwide. JAPEX has proven reserves of 272 million barrels in Japan and the rest of the world. Aside from operations in Hokkaido, Akita, Yamagata and Niigata in Japan, JAPEX has major operations in Canada, Indonesia and Libya. Although currently a private company, the Government of Japan owns a 34% stake in JAPEX.
Petróleo Brasileiro S.A., better known by the acronym Petrobras, is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company’s name translates to Brazilian Petroleum Corporation — Petrobras.
The company was ranked #120 in the most recent Fortune Global 500 list. In the 2020 Forbes Global 2000, Petrobras was ranked as the 70th -largest public company in the world.
Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan “The Oil is Ours” (Portuguese: “O petróleo é nosso”). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company’s REDUC refinery began operations near Rio de Janeiro,and in 1963, its Cenpes research center opened in Rio de Janeiro; it remains one of the world’s largest centers dedicated to energy research. In 1968, the company established Petrobras Quimica S.A (“Petroquisa”), a subsidiary focused on petrochemicals and the conversion of naphtha into ethene.
Petrobras had begun processing oil shale in 1953, developing the Petrosix technology for extracting oil from oil shale. It began using an industrial-size retort to process shale in the 1990s. In 2006, Petrobras said that their industrial retort had the capacity to process 260 tonnes/hour of oil shale.
The Idemitsu Kosan Company, Ltd trading as Idemitsu Showa Shell is a Japanese petroleum company. It owns and operates oil platforms, refineries and produces and sells petroleum, oils and petrochemical products.
Idemitsu is the second largest petroleum refiner in Japan, after Nippon Oil. It was ranked as the 262nd largest company in the world by revenue in Fortune Global 500 (2008). It is number 26 in petroleum refining. Idemitsu Kosan is listed in the First Section of the Tokyo Stock Exchange and, since absorbing Showa Shell Sekiyu in 2019, is a constituent of the Nikkei 225 index; however, it is not a constituent of the TOPIX 100 index
JX Holdings was established on April 1, 2010, through the joint share transfer by Nippon Oil Corporation and Nippon Mining Holdings, Inc. On July 1, 2010, all the businesses of both Group Companies were integrated, restructured and reorganized under JX Holdings, resulting in the incorporation of three core business companies: Petroleum Refining and Marketing Business Company, Oil and Natural Gas Exploration and Production Business Company, and Metals Business Company.
In order to anticipate future structural changes in the business environment for each of the energy, resource and material industries, and to be successful amidst intensifying competition, the companies aim to integrate their businesses for the purpose of further strengthening their management base and progressing under a new management philosophy, consequently leading to a stable and efficient supply of energy, resources and materials domestically and internationally.
Husky Energy Inc. (HSE.TO) is an integrated company engaged in the exploration, development, production, transportation, storage, and marketing of crude oil, natural gas, and natural gas liquids. The company also refines crude oil and markets refined petroleum products.
Malaysia LNG (MLNG) is a liquefied natural gas producer in Malaysia. In 2007, it was the largest LNG production complex. Malaysia LNG is a subsidiary of the Malaysian national oil and gas company Petronas, which is a majority shareholder in all three LNG Ventures (MLNG Satu, MLNG Dua and MLNG Tiga). Besides Petronas, Royal Dutch Shell, Mitsubishi, JX Nippon Oil and the Sarawak Government hold a minority stake
The National Iranian Oil Company is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1948 and restructured under The Consortium Agreement of 1954.[5] NIOC ranks as the world’s second largest oil company, after Saudi Arabia’s state-owned Aramco.[6]
The NIOC is exclusively responsible for the exploration, drilling, production, distribution and export of crude oil, as well as exploration, extraction and sales of natural gas and liquefied natural gas (LNG). NIOC exports its surplus production according to commercial considerations determined by the Organization of Petroleum Exporting Countries (OPEC) and at the prices prevalent in the international markets. In early 2015 NIOC’s recoverable liquid hydrocarbon reserves was 156.53 billion barrels (24.886 km3) (10% of world’s total) and recoverable gas reserves were 33.79×1012 m3 (15% of world’s total). Current NIOC production capacities include over 4 million barrels (640×103 m3) of crude oil and in excess of 750 million cubic meters of natural gas per day.[5] Iran’s overall export crude oil was valued at US$85 billion in 2010.
Petro Kariz Directional Services, a PEDC company, is a leading provider of Directional Drilling and Measurement While Drilling services. As a company we are focused on diverse requirements of the Middle Eastern oil and gas market. Our drilling operations team is among the most experienced in the industry and our technology team has a proven track record of delivering unique solutions to Iranian and regional land-based and offshore market. We provide our customers the latest in efficient well-bore placement technologies and services including ERD, geo-steering and complicated trajectories. Our engineering team formulate safe and cost-effective solutions to our clients’ challenges.Call us for:• Extended Reach Drilling (ERD), RSS Applications• Performance Drilling• Directional and Horizontal Drilling• Measurements While Drilling (MWD)• Logging While Drilling (LWD)• Well Placement• Well Planning and Wellbore Engineering Services
Petro Danial Kish (PDK), a subsidiary of Pasargad Energy Development Company (PEDC), was established in 2010 as a technical service company for oil and gas wells.
Standing among top 500 companies and one of the rapidly growing companies of Iran, PDK has achieved numerous eye catching achievements through its technology and knowledge driven human capital. PDK has its outstanding reputation on the skills and dedication of its hardworking employees. Technology and people working together to deliver fantastic results is how PDK shows off as a solution-oriented company.
Ostovan Kish Drilling Company (OKDC) has been established as a private company in 2011 to implement and manage offshore and onshore drilling operations and since then, has been working for the Upstream Oil & Gas Sector in Iran. This Company has made a conscientious decision to provide safe and high performance, high value professional services and drilling solutions primarily to Iran’s oil and gas industries. While OKDC currently focuses on operating & ed Jack-Up rigs owned by PEDC, its core business is to strive to achieve contracting “Offshore management of two speci & gured to secure a steady drilling operations: Human Resource, Procurement, Legaled for ISO 9001, ISO/TS29001, ISO 14001 and OHSAS 18001 international standards. As an integral part of the corporate strategy, several support systems have been coned personnel as well as establishing management standards within the Company. In this regards, OKDC has been certirst Iranian private company which provides offshore drilling services by employing Iranian crews in the drilling market. OKDC is proud to be actively engaged in protecting the global environment and its assets. This company tries to be one of the leading and innovative companies in drilling industry by having qualiOnshore Drilling Projects”, ”Procurement of Goods and Materials” and “Providing Human Resource” to ensure drilling and well operations for its customers. Moreover, this company provides offshore and onshore construction supervision services for other clients. Over the past few years, OKDC has achieved remarkable growth and became one of the most recognizable names in Iran’s drilling industry. It has positioned itself as the & Contractual Services,