The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products.
Sonatrach is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil "major". In 2021, Sonatrach was the seventh largest gas company in the world.
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.
The State Oil Company of the Republic of Azerbaijan, largely known by its abbreviation SOCAR, is a fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and runs several oil and gas export pipelines throughout the country. It owns fuel filling station networks under the SOCAR brand in Azerbaijan, Turkey, Georgia, Ukraine, Romania, Switzerland, and Austria.
Kashagan Field is an offshore oil field in Kazakhstan's zone of the Caspian Sea. The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field. When discovered, it was the second largest oil field in the world.
Shah Deniz gas field is the largest natural gas field in Azerbaijan. It is situated in the South Caspian Sea, off the coast of Azerbaijan, approximately 70 kilometres (43 mi) southeast of Baku, at a depth of 600 metres (2,000 ft). The field covers approximately 860 square kilometres (330 sq mi). Stretching out over 140 square kilometres, the reservoir is similar in size and shape to Manhattan Island.
The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
Gulf Publishing Company is an international publishing and events business dedicated to the hydrocarbon energy sector. In mid-2018 it rebranded as Gulf Energy Information. Founded in 1916 by Ray Lofton Dudley, Gulf Energy Information produces and distributes publications in print and web formats, online news, webcasts and databases; hosts conferences and events designed for the energy industry. The company was a subsidiary of Euromoney Institutional Investor from 2001 until a 2016 management buyout by CEO John Royall and Texas investors. The business and strategy publication Petroleum Economist also transferred to the company in May 2016. In mid-2017 the company acquired 109-year old Oildom Publishing.
QatarEnergy, formerly 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. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making 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. In 2022, the company had total revenues of US$52bn, a net income of US42.4bn, and total assets of US$162bn. In 2021, QatarEnergy was the fifth largest gas company in the world.
Saipem S.p.A. is an Italian multinational oilfield services company and one of the largest in the world. Until 2016 it was a subsidiary of Italian oil and gas supermajor Eni, which retains approximately 30% of Saipem's shares.
This page summarizes projects that brought more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2007. This is part of the Wikipedia summary of Oil Megaprojects.
This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2014. This is part of the Wikipedia summary of Oil Megaprojects.
Offshore Energies UK (OEUK), formerly known as Oil and Gas UK (OGUK), is a trade association for the United Kingdom offshore energies industry. The current Chief Executive is David Whitehouse.
The Kattupalli Shipyard, officially Adani Katupalli Port Private Limited is a large shipyard project at Kattupalli village near Ennore in Chennai, being built by L&T Shipbuilding Ltd. It is being set up jointly by TIDCO and Larsen & Toubro (L&T) in two phases. L&T shipbuilding Kattupalli is a minor port. Adani ports and special economic zone (APSEZ) acquired Kattupalli Port from L&T in June 2018 and renamed it as Adani Katupalli Port Private Limited (AKPPL).
Blane is an offshore oil field located in the southern Norwegian and northern British sectors of North Sea. The Blane facilities are located on the British continental shelf and are tied to the Ula field which is located 34 km (21 mi) to the northeast via subsea pipeline. The field was discovered in 1989 and produces high quality oil.
The Yuri Korchagin field is an offshore oil field in the Russian sector of the North Caspian Sea. The field is located 180 kilometres (110 mi) from Astrakhan and 240 kilometres (150 mi) from Makhachkala at a sea depth of 11–13 metres (36–43 ft). The field is owned and operated by Lukoil–Nizhnevolzhskneft, a subsidiary of Lukoil. The contractor for drilling operations is a Moscow-based company BKE Shelf. The field is named after the former secretary of the company's board of directors.
Tyra Field is the largest gas condensate field in the Danish Sector of the North Sea. It was discovered in 1968 and production started in 1984. The field is owned by Dansk Undergrunds Consortium, a partnership between Total, BlueNord and Nordsofonden, and operated by Total. The reservoir depth is about 2,000 metres (6,600 ft) and it covers area of 90 kilometres (56 mi) in the water depth of 37–40 metres (121–131 ft). The Tyra field has a number of satellite fields, including Roar, Svend and Tyra Southeast fields.
Oil and Gas dominates the resource sector of the Republic of the Congo, also referred to as Congo-Brazzaville, with the petroleum industry accounting for 89% of the country's exports in 2010. As of June 22, 2018 is a full member of the organisation of the petroleum exporting countries (OPEC), and among African crude oil producers in 2022, The Congo ranked sixth. Nearly all of the country's hydrocarbons were produced off-shore.
Claudio Descalzi is an Italian businessman, and the CEO of Italian oil company Eni since May 2014.
Appaloosa is an offshore oil field located in the Mississippi Canyon blocks 459, 460, 503, and 504 of the United States sector of the Gulf of Mexico. It is a part of the Greater Longhorn area. The field is developed by the Italian energy company Eni.
