Top 10 oil and gas companies in the Middle East
Top 10 oil and gas companies in the Middle East
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Top 10 oil and gas companies in the Middle East |
1-Saudi Aramco
Saudi Arabian Aramco or Saudi Aramco, abbreviation (Arabian-American Oil Company), and officially the Arabian American Oil Company is a Saudi national company that works in the fields of oil, natural gas, petrochemicals and related works of prospecting and production and refined, distributed, shipped and marketed, a global integrated company that was nationalized in 1988, with its headquarters located in Dhahran. It is the world's largest market value, accounting for 781 billion in 2006, and $7 trillion in 2010, according to the Financial Times. The magazine Explorer estimated the market value of Aramco in 2015 at about $10 trillion.
2- National Iranian Oil Company
The Iranian National Oil Company (Persian), a government-owned company under the Ministry of Petroleum in Iran, is a national producer and distributor of oil and natural gas based in Tehran. Founded in 1948 M.
The national oil Company is solely responsible for the exploration, extraction, transport, and export of crude oil, as well as exploration, extraction and sales of natural gas and liquefied natural gas (LNG). The Iranian company exports its production surplus according to commercial considerations under the quotas set by the Organization of Petroleum Exporting Countries (OPEC) and the prevailing prices on international markets. In early 2005, the recoverable liquid hydrocarbon company reserves 136.99 billion barrels (21.780 cubic kilometers) (10% of the world total) and recoverable gas reserves of 28.17 x 1012 m3 (15% of the world total). The company's current production capacity includes more than 4 million barrels (640 x 103 m3) of crude oil and over 500 million cubic meters of natural gas per day.
3- Kuwait Petroleum Corporation
Kuwait Petroleum Corporation (KPC) is a Kuwaiti state-owned company, headquartered in Kuwait City. The company was founded on January 27, 1980, as a parent company comprising all Kuwaiti oil companies such as the Kuwait National Petroleum Corporation and KOC. The company produces, transfers and refines oil through its subsidiaries.
4- Abu Dhabi National Oil company
Abu Dhabi National Oil Company known as Paddock is a government oil company in the emirate of Abu Dhabi, United Arab Emirates. The company was founded in November 1971 to operate in all fields of oil and gas marketing and has since expanded as it operates in several associated areas such as shipping, chemical, and petrochemical industries. The company is headquartered in Abu Dhabi and is supervised by the UAE Supreme Petroleum Council, headed by the UAE president and ruler of Abu Dhabi, Sheikh Khalifa bin Zayed Al Nahyan. The CEO of the company is Dr. Sultan Ahmed Al Jaber.
The company produces about 2 million barrels per day, the largest source of revenue for the government of Abu Dhabi. The company's oil reserves are the fourth largest reserve, with reserves estimated in 2007 at 137 billion barrels. The ADNOC group of companies consists of 14 companies that work in the fields of oil, gas, petrochemicals, transport, and services.
5- Qatar Petroleum
Qatar Petroleum is a Qatari company founded in 1974 to be responsible for the manufacture and production of oil and gas in Qatar.
The activities of QCB and its affiliated companies and joint ventures on the exploration, production, transport, storage, marketing and sale of crude oil, natural gas liquids (NGL) and gas converted to liquefied natural fluids and gas, refined products, petrochemicals, fertilizers, helicopter services and services Finance.
The company's strategy for exploration and implementation of new projects is based on the exploration and co-production agreements (EPSA), and the development and co-production agreements (DPSA), which are held with the world's leading oil and gas companies.
The company's projects are characterized by transparency, creativity, and determination to achieve unprecedented levels of quality or service, and are self-serving through the development of a spirit of work.
The company's activities and operations are carried out in various parts of the country, such as Doha, Missouri, Dukhan and Ras Lavan (by Land), and sea areas, which include Halul Island, production stations and drilling platforms in the locations of the Qatar Petroleum operations in the offshore fields and the North gas field.
6- Oman Oil Company
Oman Petroleum Company LLC is a wholly owned commercial company of the Government of the Sultanate of Oman. Established in 1996, to seek investment opportunities in the oil and gas sectors and energy-related fields domestically and externally.
The Omani oil Company plays a leading role in supporting the Sultanate's efforts to diversify the Omani economy, as well as in promoting and building the human cadres that support its career. The Omani oil Company's portfolio includes more than 50 investments in 15 countries. The company manages its domestic investments through four of its central companies: the Omani oil Company for Exploration and Production LLC, the Omani Oil company for the Development of Enterprises LLC, the Omani Oil company for the Development of the LLC, and the investment integration company S. A. c., on the other hand, the company oversees External asset Management through the International Investment Unit of the parent company.
7- National Oil Corporation – Libya
The National Petroleum Corporation is a national oil institution owned by the Libyan state and headquartered in Tripoli, in accordance with a decision taken by the Libyan government in May 2013, which was established in 1970 by Act No. 24 of 1970 to replace the Libyan General Petroleum Corporation. It is the only institution that manages oil production, refining and exporting in Libya, in addition to a number of affiliated companies. Which together represent the management of more than half of the country's oil production. It also controls the prices of petroleum products within Libya and controls the conduct of negotiations and the granting of exploration licenses and oil production in Libya.
Al-Waha Oil Company, headquartered in Tripoli, is the largest company of the foundation and specializes in prospecting and production matters. followed by the Benghazi-based Arabian Gulf Oil Company, which was followed by the Zwetina and Surrey oil companies.
Al-Burqa Oil Marketing company is a major oil company affiliated to the National Petroleum Corporation and the company's activity is concentrated in the sale of petroleum products in all Libyan cities.
8- Abu Dhabi Oil Refining Company
"Adnoc Refining" is responsible for the oil refinery in the emirate of Abu Dhabi since 1999. The company plays an important role in providing crude oil refining services and petroleum condensers to the group and the State as a whole.
We are a leading oil refining company at the regional and global levels and have forgotten them in meeting the requirements of the global oil markets and in the growth of the UAE economy.
The company operates the Ruwais Abu Dhabi and produces more than 40 million tons of refined products annually to meet the needs of local markets and for export purposes.
Our total production capacity stands at 922 thousand barrels per day.
The company provides a variety of refined petroleum products including liquefied petroleum gas, naphtha, gasoline, aviation fuel, gas oil and essential oils, fuel oil, raw materials for petrochemicals and propane, as well as specialized products such as black carbon and cook The anode.
The company is also a member of the Gulf Council for technical consultancy since 2014, the year that saw our first vital aircraft fuel production in Abu Dhabi.
"Adnoc Refining" continues to invest in new technologies to improve its facilities and installations, enhance its productivity and achieve high operational efficiency.
9- The Bahrain Petroleum Company
The Bahrain Oil Company (BAPCO) is wholly owned by the Government of Bahrain and works in the oil industry. This includes exploration and searches for oil, drilling, production, refining, distribution of petroleum products and natural gas, as well as the sale and export of crude oil and petroleum derivatives.
The company owns an oil refinery with a capacity of 250.000 barrels per day, plus facilities to store more than 14 million barrels, a local product distribution center and a sea pier for the export of its petroleum products.
The main markets that import Bapco oil and petroleum products are the Middle East, India, the Far East, South East Asia and Africa, with 95 percent of refined oil products exported abroad.
10- Algérie Sonatrach company
Sonatrach or Sonatrach abbreviation is an Algerian public company formed to exploit petroleum resources in Algeria is now diversified Activities include all aspects of production exploration, extraction, transportation and refining, and have been typed in their petrochemical activities and seawater desalination.
Ranked 12th in the world oil companies ranking in the international report of the top 100 oil companies for the year 2004, according to a statement issued by the Algerian Ministry of Energy and Mines. The first place in Africa and the Mediterranean Basin, the second largest source of liquefied natural gas and liquefied petroleum gas The world's natural gas source.
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