Company type | State-owned Corporation |
---|---|
Industry | Petroleum |
Founded | 1983 |
Headquarters | , |
Area served | Libya and adjacent areas |
Key people | Fathi M. Abbar (Chairman) |
Products | Drilling Equipment Mud cleaner equipment Centrifugal hole shaker |
Services | Formation evaluation |
Number of employees | 1,000+ (2007) |
Parent | Libya National Oil Corporation |
Divisions | Grinding Particulates Plant Liquid Products Plant Lost Circulation Materials Plant |
Website |
Jowfe Oil Technology (JOT) is a state-owned Libyan petroleum services company providing oilfield chemicals and drilling equipment. JOT was founded in 1983 and registered under no. 7102 as a service company owned by the National Oil Corporation (NOC).
Jowfe Oil Technology is primarily involved in production and marketing of oilfield chemicals in Libya and adjacent areas. The company's mud and petroleum engineers provide technical services for drilling wells including: Preparing drilling proposals according to geologist reports; (2) wire line and production estimates; mud cleaner equipment, centrifugal hole shaker, fitting tools for casing, Production tubing and technical inspection; geological services to determine the type and depth of drilling beds containing hydrocarbons and gas; drilling fluids materials, power tongues, mud logging, oil separators, silk line services, and drill stem testing. [1]
Jowfe has three factories producing chemicals and materials for the oil industry. These include drilling fluids and treatment materials, chemicals used in manufacturing cleaning, paints and adhesive products. These factories are:
Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. Petroleum geology and geophysics focus on provision of a static description of the hydrocarbon reservoir rock, while petroleum engineering focuses on estimation of the recoverable volume of this resource using a detailed understanding of the physical behavior of oil, water and gas within porous rock at very high pressure.
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Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. It operates in over 120 countries, with research and manufacturing facilities in Australia, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, Oklahoma, Louisiana and Missouri. From 2017 to 2020, the company was majority owned by General Electric (GE); however, GE no longer owns an economic stake in the company. The company is incorporated in Delaware.
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A chemical plant is an industrial process plant that manufactures chemicals, usually on a large scale. The general objective of a chemical plant is to create new material wealth via the chemical or biological transformation and or separation of materials. Chemical plants use specialized equipment, units, and technology in the manufacturing process. Other kinds of plants, such as polymer, pharmaceutical, food, and some beverage production facilities, power plants, oil refineries or other refineries, natural gas processing and biochemical plants, water and wastewater treatment, and pollution control equipment use many technologies that have similarities to chemical plant technology such as fluid systems and chemical reactor systems. Some would consider an oil refinery or a pharmaceutical or polymer manufacturer to be effectively a chemical plant.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.
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The Ministry of Petroleum (MOP) (Persian: وزارت نفت, romanized: Vezârat-e Naft) manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "Imports and Exports Regulation Act", issuing import licenses for such products is also among the functions of the Ministry of Petroleum. The ministry has been placed under sanctions by the United States Department of State as of 2020.
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The Bouri Offshore Field is part of Block NC-41, which is located 120 kilometers (75 mi) north of the Libyan coast in the Mediterranean Sea. It was first discovered in 1976 at a depth of 8,700 feet (2,700 m) and is estimated to contain 4.5 billion barrels (720,000,000 m3) in proven recoverable crude oil reserves and 3.5 trillion cubic feet (99 km3) of associated natural gas with an annual production potential of 6 billion m³. Bouri is considered the largest producing oilfield in the Mediterranean.
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