North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea.
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company deliver's the majority of the country's crude oil production and natural gas supply, but above all it focus's on delivering excellence, growth and sustainable value creation within and well beyond our industry.
PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on 17 August 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is ranked among Fortune Global 500's largest corporations in the world. Fortune ranks Petronas as the 75th largest company in the world in 2013. Fortune also ranks Petronas as the 8th most profitable company in the world and the most profitable in Asia.
Petróleo Brasileiro S.A. — Petrobras, more commonly known as simply Petrobras, is a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.
Apache Corporation is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston. The company is ranked 438th on the Fortune 500.
Oil and Gas Development Company Limited commonly known as OGDCL is a Pakistani multinational oil and gas company. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. Established in 1961 by the Government of Pakistan, it was turned into a public listed company on 23 October 1997. Today it is involved in exploring, drilling, refining and selling oil and gas in Pakistan. It is the market leader in terms of reserves, production and acreage. It is based on Jinnah Avenue, Blue Area in Islamabad, with the Government of Pakistan holding 74% stake in the company. Rest are held by private investors. In 2013, it has revenue of Rs. 223.365 billion and profit before tax soaring at Rs. 90.777 billion.
Tatneft is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk. It is the sixth largest oil company in Russia.
Qatar Petroleum (QP) is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP's chairman is Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, and the chief executive officer is Saad Sherida Al Kaabi. QP's operations are directly linked with state planning agencies, regulatory authorities, and policymaking bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves.
The Sirte Basin is a late Mesozoic and Cenozoic triple junction continental rift along northern Africa that was initiated during the late Jurassic Period. It borders a relatively stable Paleozoic craton and cratonic sag basins along its southern margins. The province extends offshore into the Mediterranean Sea, with the northern boundary drawn at the 2,000 meter (m) bathymetric contour. It borders in the north on the Gulf of Sidra and extends south into northern Chad.
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Venezuela. Mexico is not a member of the OPEC or any petroleum production related organizations, but since 1994 it is a member of the North American Free Trade Agreement.
The mineral industry of Paraguay includes the production of cement, iron and steel, and petroleum derivatives. Paraguay has no known natural gas or oil reserves. To meet its crude oil and petroleum products demand, Paraguay relies completely on results of approximately 25,400 barrels per day (4,040 m3/d) (bbl/d). The mining sector contributes little to the country's economy, accounting for only 0.1% of its gross domestic production (GDP).
The Boldești-Scăeni oil field is an oil field located in Boldești-Scăeni, Prahova County. It was discovered in 1942 and developed by Petrom. It began production in 1945 and produces oil and natural gas. The total proven reserves of the Boldești-Scăeni oil field are around 317 million barrels (43.2×106tonnes), and production is centered on 23,000 barrels per day (3,700 m3/d).
Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI).
For the economic effects refer to Economy of Iran.
Saltpond Oil Field is an oil field off the coast of Ghana. The field was discovered in 1970 by Signal-Amoco Consortium. The field is currently managed by the Saltpond Offshore Producing Company (SOPCL), Ghana's oldest producer of crude oil.
The Tazlăul Mare oil field is an oil field located in Tazlău, Neamţ County. It was discovered in 2010 and developed by Europa Oil & Gas. The pre-drill Oil in place reserves of the Tazlăul Mare oil field are estimated to be 225 million barrels (30.6×106tonnes), and production will be centered on 5,000 barrels per day (790 m3/d).
The Malu Mare oil field is an oil field located in Malu Mare, Dolj County. It was discovered in 1984 and developed by Petrom. It began production in 1985 and produces oil and natural gas. The total proven reserves of the Malu Mare oil field are around 723 million barrels (97×106tonnes), and production is centered on 2,000 barrels per day (320 m3/d).
Iraq was the world's 12th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves after Venezuela, Saudi Arabia, Canada, and Iran. Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places left where vast reserves, proven and unknown, have barely been exploited. Iraq's energy sector is heavily based upon oil, with approximately 94 percent of its energy needs met with petroleum. In addition, crude oil export revenues accounted for over two-thirds of GDP in 2009. Iraq's oil sector has suffered over the past several decades from sanctions and wars, and its oil infrastructure is in need of modernization and investment. As of June 30, 2010, the United States had allocated US$2.05 billion to the Iraqi oil and gas sector to begin this modernization, but ended its direct involvement as of the first quarter of 2008. According to reports by various U.S. government agencies, multilateral institutions and other international organizations, long-term Iraq reconstruction costs could reach US$100bn or higher.
A referendum on oil and natural gas drilling was held in Italy on 17 April 2016. The referendum was on the proposed repealing of a law that allows gas and oil drilling concessions extracting hydrocarbon within 12 nautical miles of the Italian coast to be prolonged until the exhaustion of the useful life of the fields.
