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Energy Struggles - Why the world's oil hot spots are also the most volatile countries in the region.

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24 May 2011

Oil and gas companies in the Middle East

Jodie Humphries

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Oil and gas companiesEnergy production is big business in the Middle East, meaning oil and gas companies are among the more lucrative in the world. Figures change constantly, but it's estimated that the Middle East holds around 61 percent of the world's oil, and 41.3 percent of the world's gas reserves.

As such, Next Generation Oil and Gas Middle East lists the oil and gas companies in the Middle East.

ADNOC - Abu Dhabi National Oil Company - ADNOC was established in 1971, to operate in all areas of the oil and gas industry and since then has steadily broadened its activity establishing companies and subsidiaries and creating an integrated oil and gas industry inAbu Dhabi.State owned, ADNOC, one of the world's leading oil companies, produces over 2.7 million barrels of oil per day.

TAQA - TAQA was founded in 2005 with the object of becoming a global leader in the energy sector. TAQA is 51 percent owned by Abu Dhabi Water and Electricity Authority (ADWEA) which is a government authority and which provides long-term stability for our company.

Lamprell Energy Ltd - Lamprell has played a prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years, in later years providing specialised services to the onshore and offshore oil and gas industry.

Petropars - Petropars is a developer of exploration, exploitation and production in upstream, downstream and peripheral industries of oil and gas. Petropars was awarded the development of Phase 1 of the South Pars Gas Field with responsibilities ranging from engineering, procurement, construction to installation of facilities.

Arabian Drilling Company (ADC) - Arabian Drilling Company, a joint venture between the Industrialization and Energy Services Company (IESCO) and the Services Petroliers Schlumberger S.A. ADC has operated Onshore and Offshore drilling Rigs in Kingdom of Saudi Arabia, the Partitioned Neutral Zone with Kuwait and in the past in Yemen & UAE. ADC's Clients include Saudi Aramco, AGOC/KGOC in Khafji, Total in UAE and Exxon & Hunt in Yemen.

ASRY Offshore Services - ASRY Offshore Services, a full range of fabrication and engineering support services to the Oil and Gas Industries.

Azerbaijan International Operating Company (AIOC) - A consortium of 10 major international oil companies and SOCAR, is developing the Azeri, Chirag and deep-water portion of Gunashli fields in the Azerbaijan sector of the Caspian Sea. The consortium includes BP and Chevron.

Burley SubSea - Burley SubSea was established in the UA. to supply Commercial Diving and Remotely Operated Vehicles to the various inshore/offshore projects within the region. With a wealth of experience in both Diving andROV related contracts over the past ten years in the Middle East, Burley SubSea can supply a quality, safe service time and time again proving to be at the top of their specialist market.

Dragon Oil - Dragon Oil, is an independent oil development and production company. It is an independent oil development and production company whose shares are traded under a dual primary listing on the Irish and London Stock Exchanges. Dragon Oil had proved and probably oil reserves as at 31 December 2009 of 617 million barrels and 3.1 trillion cubic feet of gas resources.

EGAS - Egyptian Natural Gas Holding Company - Egyptian Natural Gas Holding Company, handle the activities of the natural gas resources of Egypt. Natural Gas was introduced to Egyptian local market in 1975 when the first natural gas field ABU MADI was put on stream, since then a remarkable progress has been achieved. Its proven gas reserves had reached 76 TSCF by June 2008.

Gulf Marine Services - Gulf Marine Services owns and operates Elevated Support Vessels as well as supply and AHTS vessels. These assets serve the oil and gas industry worldwide and focus on well maintenance and workover, offshore accommodation, diving and construction. In addition to this GMS is capable of supporting salvage and offshore towage.

Likepin LLC - Likpin LLC is registered in Dubai engaged in turnkey offshore pipelay, marine construction, services, vessel and project management for the offshore oil and gas industry. The principals and senior management of Likpin are all offshore construction and project management professionals. These professionals are supported by planning engineers, cost control engineers, designers, welding and quality control specialists.

Moody International LTS - The Moody International Group is a worldwide technical services organisation dedicated to reducing clients' risks by providing technical inspection services, technical staffing services, consulting and training on a global basis and management system certification on a local basis. Moody provides services to clients in the Oil & Gas, Power, Mining, Construction, Engineering, Chemical, Food and other industries.

National Iranian Oil Company (NIOC) - The National Iranian Oil Company, under the direction of the Ministry of Petroleum of Iran, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1951. Petroleum Intelligence Weekly ranks NIOC as the world's second largest oil company, after Saudi Arabia's state-owned Aramco. Current NIOC production capacities include over four million barrels of crude oil and in excess of 500 million cubic meters of natural gas per day.

Pars Oil & Gas Company (POGC) - Pars Oil and Gas Company (POGC), a subsidiary of National Iranian Oil Company (NIOC), was established in 1998. POGC's mandate is the development of the South Pars gas field and North Pars gas field respectively. POGC utilizing modern management knowledge, tools and techniques as well as experienced seasoned managers, specialists and experts in the execution of oil and gas projects, has thus far taken major steps in the realization of NIOC's objectives.

Qualion NMR - Qualion NMR is a market leader in developing and producing Nuclear Magnetic Resonance (NMR) industrial analysers for process industries, mainly refineries. Qualion NMR is currently the only developer and producer of online, flow-through NMR analysis systems, designed for use on the process floor. Years of developing and implementing process NMR analysers have resulted in know-how and expertise that are second to none.

RTE Group - RTE Group is a recognised supplier of complete range of drilling fluids, services and equipment to the Oil & Gas and Water-well industry. RTE manufactures and supplies the full range of drilling fluid additives, mud services and Oil well cementing products. Drilling fluid chemicals coupled with technical support and services are provided to several major operators.

Saudi Aramco - Saudi Aramco's operations span the globe and the energy industry. Saudi Aramco oversees the largest conventional reserves of crude oil, is the world's largest producer and exporter of crude oil and leads the world in exporting natural gas liquids. Saudi Aramco also owns and operates an extensive network of refining and distribution facilities, and is responsible for the gas processing and transportation installations that fuel Saudi Arabia's industrial sector. An array of international subsidiaries and joint ventures, including one of the world's largest and newest fleet of supertankers, deliver crude oil and refined products to customers worldwide.

Scientific Center for Industrial Services - SCIS Group is a well established firm which focuses on becoming the premier marketplace for industrial plants in Egypt, the Middle East and Africa. The company specialises in maintenance and production for industrial and petroleum plants.

SOCAR - State Oil Company of Azerbaijan - State Oil Company of Azerbaijan, is the government-owned entity responsible for all aspects of exploration and development related to oil and gas fields both onshore and offshore for the Republic of Azerbaijan.

Solcon Industries Ltd - Solcon Industries Ltd, development and manufacturing of industrial electronic systems, primarily intended soft starters. For over 30 years they have been at the forefront of design, development and manufacturing of industrial electronic systems, primarily soft starters intended for installation in low and medium voltage AC Motor control switchgear.

Unique Wellube - Unique Wellube are providers of specialist engineering services and products to a diverse range of industries. Their range of services is directed at maintaining plant operations, by allowing intervention work to be carried out with the minimum loss of production, in a safe and cost efficient manner.

Victory Drilling Equipment Limited - Victory Rig Equipment does full fabrication and retrofitting of oilfield equipment. Their rigs and support equipment are lightweight, durable and designed for fast, easy rig up. Victory Rig Equipment's rig packages can be customised for challenging operational requirements such as extreme weather conditions.

Specialist Services - Specialist Services was founded in 1982 and is one of the foremost engineering and fabrication companies in the United Arab Emirates. Specialist Services has manufacturing facilities inAbu Dhabi and Dubai and a highly skilled workforce, Specialist Services is capable of handling all aspects of a project, from planning and design through manufacture and installation.

Despite the vast oil and gas resources however, many oil companies are aware that they are built on finite resources and as such, many of them have been investigating possible renewable alternatives.

 

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