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Industry Technology Facilitator (ITF) is an oil industry trade organisation established in 1999. It is owned by 30 major global oil majors and oilfield service companies. [1]
The group has offices in Aberdeen, UK, Houston, USA, Abu Dhabi, UAE, Perth, Australia and Kuala Lumpur, Malaysia. [2] [ failed verification ]
ITF currently has a membership of 30 global operators and service companies including: [3]
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The topics addressed by these ITF sponsored technologies include seismic resolution, complex reservoirs, cost-effective drilling and intervention, subsea, maximising production, integrity management, and environmental performance.
Aker Solutions ASA engineers and builds energy infrastructure while providing a range of products and consultancy services to low-carbon and renewable energy projects. Based in Oslo, the company's offerings to the energy industry include the systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastructure and engineer CO2 capture and sequestration.
Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
Eni S.p.A. is an Italian multinational energy company headquartered in Rome. One of the "supermajor" oil companies in the world, with a market capitalization of €48 billion, as of 31 December 2022. The Italian government owns a 30.33% golden share in the company, 4.37% held through the Ministry of Economy and Finance and 25.96% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris. It has about 38,000 employees and operates in 48 countries.
The International Association of Oil & Gas Producers (IOGP) is the petroleum industry's global forum in which members identify and share best practices to achieve improvements in health, safety, the environment, security, social responsibility, engineering and operations.
PTT Public Company Limited or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls.
Subsea 7 S.A. is a Luxembourgish-domiciled subsea engineering, construction and services company serving the offshore energy industry. The company is registered in Luxembourg with its headquarters in London. Subsea7 is a global leader in the delivery of offshore projects and services for the energy industry.
The Germanischer Lloyd SE was a classification society based in the city of Hamburg, Germany. It ceased to exist as an independent entity in September 2013 as a result of its merger with Norway's DNV to become DNV GL.
The petroleum industry in Aberdeen, the third most populous city in Scotland, began in the mid-20th century following the discovery of significant oil deposits in the North Sea. Aberdeen has been characterised as the "oil capital" of Scotland, the United Kingdom, as well as Europe as a whole.
Chennai, the capital city of the state of Tamil Nadu, India, is the 2nd largest industrial and commercial center of South India, behind only to Bangalore. In 2017, Chennai had an estimated PPP GDP of US$78.6 billion. Recent estimates of the economy of the Chennai is around US$128.3 billion PPP GDP.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
BP p.l.c. is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading.
In the petroleum industry, Integrated operations (IO) refers to the integration of people, disciplines, organizations, work processes and information and communication technology to make smarter decisions. In short, IO is collaboration with focus on production.
The oil and gas industry plays a central role in the economy of the United Kingdom. Oil and gas account for more than three-quarters of the UK's total primary energy needs. Oil provides 97 per cent of the fuel for transport, and gas is a key fuel for heating and electricity generation. Transport, heating and electricity each account for about one-third of the UK's primary energy needs. Oil and gas are also major feedstocks for the petrochemicals industries producing pharmaceuticals, plastics, cosmetics and domestic appliances.
Claxton Engineering Services Ltd is an engineering and service company registered in the United Kingdom and has its headquarters in Great Yarmouth, UK, with offices also in Scotland, Norway, USA, Singapore and the UAE.
Wood Mackenzie, also known as WoodMac, is a global research and consultancy group supplying data, written analysis, and consultancy advice to the energy, chemicals, renewables, metals, and mining industries. In 2015, the company was acquired by Verisk Analytics, an American data analytics and risk assessment firm, in a deal valued at $2.8 billion. The company was taken private by private-equity firm Veritas Capital in 2023, in a deal valued at $3.1 billion.
Nobel Energy is a group of companies concentrated in the energy industry providing integrated engineering, construction, procurement and supply chain management, and drilling services. Nobel Energy is a part of NEQSOL Holding, an international group of companies, acting in energy, telecommunications, high-technology, and construction industries in the UK, the USA, Turkey, Azerbaijan, Ukraine, Georgia, Kazakhstan, and the UAE.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.
TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.