 | |
| Company type | Public |
|---|---|
| Industry | Oil and gas |
| Founded | 1983 |
| Defunct | 2002 |
| Fate | Acquired |
| Successor | Royal Dutch Shell |
| Headquarters | London, England, UK |
Key people | Sir Graham Hearne, (Chairman) |
Enterprise Oil was a major UK independent exploration and production company based in Europe, with core areas of activity in the United Kingdom and Ireland, mainland Europe, Brazil and the Gulf of Mexico. The Company was once a constituent of the FTSE 100 Index but was acquired by Royal Dutch Shell.
Enterprise Oil was formed in 1983 to exploit the North Sea oil production assets of the then state-owned British Gas plc: it was privatised and its shares first listed on the London Stock Exchange in February 1984. [1] In 1994 the Company was involved in a high-profile but unsuccessful bid to acquire Lasmo. [2]
The Corrib gas field was discovered off the coast of Ireland by Enterprise Oil in 1996, and has proved especially troublesome for Shell (see Corrib gas controversy). [3] [4] In the last few years of the Company's existence it was also investing significant sums in its Brazilian oil interests. [5]
The Most Reverend Justin Welby, Archbishop of Canterbury and former Bishop of Durham, served as Group Treasurer from 1984 to 1987. [6]
The Company was purchased by Royal Dutch Shell for £3.5bn in 2002. [7]
The Company had interests in some 41 fields, mainly in the North Sea; it had also made at least one major discovery in the Gulf of Mexico. [8] It was initially based in London but whilst keeping its head office there, in 1998 it moved its UK operations to its office in Aberdeen. [9]
An oil platform is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform linked by bridge to the production platform. Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas. Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float. In some arrangements the main facility may have storage facilities for the processed oil. Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections. These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells.
Shell USA, Inc. is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation "oil major" which is amongst the largest oil companies in the world. Approximately 18,000 Shell employees are based in the U.S. Its U.S. headquarters are in Houston, Texas. Shell USA, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, fuel marketers and petrochemical manufacturers.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world.
The Corrib gas project is a developed natural gas deposit located in the Atlantic Ocean, approximately 83 kilometres (52 mi) off the northwest coast of County Mayo, Ireland. The project includes a natural gas pipeline and an onshore gas processing plant, which commenced gas production in 2015. During its development, the project attracted considerable opposition.
Capricorn Energy plc is a British oil and gas exploration and development company based in Edinburgh, Scotland.
Premier Oil plc was an independent UK oil company with gas and oil interests in the United Kingdom, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry — the exploitation of oil and gas — as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.
APA Corporation is the holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston. The company is ranked 431st on the Fortune 500.
The Slyne-Erris Trough is a geological basin off the west coast of Donegal, Ireland.
This is an overview of Equinor's operations in various countries. Equinor is a Norwegian petroleum company.
The primary natural resources of the Republic of Ireland include natural gas, petroleum, peat, copper, lead, dolomite, barite, limestone, gypsum, silver and zinc. Key industries based on these and other natural resources include fishing, mining, and various forms of agriculture and fish farming. The Department of Communications, Energy and Natural Resources is charged with the legislative protection of Ireland's natural resources.
Shell to Sea is an Irish organisation based in the parish of Kilcommon in Erris, County Mayo.
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
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.
The Corrib gas controversy was a social protest campaign against the Corrib gas project in north-western County Mayo, Ireland. The project involves the processing of gas onshore through Broadhaven and Sruth Fada Conn Bays in Kilcommon. Originally spearheaded by local advocacy groups Shell to Sea and Pobal Chill Chomáin, the protests later grew to national prominence due to the heavy-handed approach taken by the Garda Síochána and private security firms towards the protestors. The project was jointly managed by Shell E&P Ireland and Statoil Exploration Limited, and supported by the Irish government.
Venture Production ltd was a leading British-based oil and gas exploration and production business. Its activities were focused on the North Sea. It was a constituent of the FTSE 250 Index, but was delisted following Centrica's purchase of the company in August 2009.
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.
Shell plc is a British multinational oil and gas company headquartered in London. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue, and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015.
Compañía Mexicana de Petróleo El Águila SA, (El Águila for short, called in English the Mexican Eagle Oil Company or Mexican Eagle Petroleum Corporation, was a Mexican oil company in the 20th century. The company, established in 1909, produced and commercialised gasoline and lubricants until it was absorbed by the Royal Dutch Shell in 1959.
Vermilion Energy is an international oil and gas producer based in Calgary, Canada. It has operations in North America, Europe and Australia. Vermilion is listed on the Toronto Stock Exchange and the New York Stock Exchange.
Ranger Oil Limited was a Canadian independent petroleum company that operated between 1950 and 2000. Ranger was founded as the Maygill Petroleum Company Limited with the aim to develop oil leases in the Steveville, Alberta area. In 1954, Jack Piece (1924–1991), originally of Montreal, acquired control of the company and renamed it West Maygill Gas and Oil Limited. In 1956, Maygill purchased an American company Pierce had founded, the Ranger Oil Company, and in 1958 renamed itself Ranger Oil (Canada) Limited. Over the subsequent decades, Pierce built Ranger into one of Canada's most successful independent producers. During the 1970s and 1980s, Ranger played an active role in the development of the North Sea. In 2000, Canadian Natural Resources acquired Ranger.
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