The World’s Greatest Offshore Oil And Gas Firms

De-Kastri oil and gas export terminal operated by ExxonMobil is one of the largest oil terminals within the Far East.

reboiler double-tube platePerdido in the Gulf of Mexico is one of the crucial challenging deep-water initiatives of Shell, the world’s second biggest oil & gas company. Picture courtesy of Royal Dutch Shell.

Chevron has presence within the world’s most vital oil and gas regions. Image courtesy of Chuck Chuck Chuck.

PetroChina is the most important oil and gas producer in China.

Total, headquartered in Paris, is the world’s fifth greatest oil and gas company primarily based on market worth.

BP operates Thunder Horse, a big deepwater oil subject in the Gulf of Mexico. Image courtesy of BP p.l.c.

Headquartered in Beijing, Sinopec Corp is the second largest producer of crude oil and natural gas in China. Picture courtesy of WhisperToMe.

Eni’s Bahr Essalam gas and condensate field off the coast of Tripoli. Image courtesy of Eni.

Oseberg is certainly one of the most important offshore fields operated by the world’s ninth greatest oil & gas company, Statoil. Picture courtesy of Harald Pettersen – Statoil ASA.

Gazprom-operated Sakhalin II area holds recoverable reserves of greater than 600 billion cubic meters of gas and 170Mt of oil and condensate. Image courtesy of Gazprom.

ExxonMobil – $422.3bn

With $422.3bn market worth, ExxonMobil is not solely the world’s greatest oil and gas company but additionally the world’s biggest seller of petroleum merchandise. It produced 2.1 million barrels of oil per day and 11.1 billion cubic ft of natural gas per day in 2014.

Headquartered in Irving, US, ExxonMobil has global presence in forty seven nations. Its proven reserves have been estimated to be 25.2 billion oil-equal barrels as of December 2013. It completed eight major upstream tasks in 2014.

Royal Dutch Shell – $234.1bn

British-Dutch conglomerate Roy Dutch Shell operates in more than 70 nations and territories. Its total confirmed reserves at the tip of 2014 had been 13.1 billion barrels of oil equal while production for the total yr 2014 was three million barrel of oil equivalent a day.

The company’s upstream enterprise constitutes Upstream Americas and Upstream International items. Main projects being developed by Shell embrace Gbaran Ubie Part Two, Malampaya Phases 2 & 3, Stones, and Prelude FLNG. The corporate has interests in 30 refineries whose combined processing capacity is approximately 3.3 million barrels of oil a day.

Chevron – $227.2bn

Chevron Corporation, one of many world’s biggest built-in power corporations, operates in a number of the world’s main oil and gas areas. It produced 5,167mmcf/d of natural gas and a pair of,571mb/d of total web oil equal in 2014, complemented by first manufacturing at the North Rankin 2 Venture in Australia, the Papa-Terra Venture in Brazil and the Tahiti 2 Mission in the U.S. Gulf of Mexico.

Chevron’s main activities in 2014 included two natural gas discoveries in the Carnarvon Basin offshore Western Australia and crude oil discovery on the Coronado prospect within the deepwater Gulf of Mexico. The company reported earnings of $19.2bn for the year ended December 2014, whereas income stood at $211.9bn.

PetroChina – $202.2bn

PetroChina, a subsidiary of China Nationwide Petroleum Corporation (CNPC), produces two-thirds of China’s oil and gas, making it the biggest oil and gas producer in China.

The company’s domestic exploration is centred in oil and gas areas comparable to Songliao Basin, Erdos Basin, Tarim Basin, Sichuan Basin and Bohai Bay Basin, and the output comes from oil and gas fields in Daqing, Changqing, Xinjiang, Tarim and the south-western area. Its overseas oil and gas operations are spread across Central Asia, the Middle East, America, Africa and Asia Pacific.

Total – $149.8bn

Complete, an integrated oil and gas operator engaged within the exploration, manufacturing, processing and transportation of oil and gas resources, produced 1.03 million barrels of oil equal per day and 6,063 million cubic feet per day gas in 2014.

Whole is the top deepwater producer in West Africa with pursuits in fields including Akpo, Egina, Clov, Pazflor, Dalia Petroleum Product manufacture and Rosa. It also holds interests in LNG tasks in Africa (Nigeria LNG), Australia (Ichthys LNG), the Center East (Yemen LNG) and Russia (Yamal LNG).

BP – $148.8bn

BP, also called British Petroleum, produced three.2 million barrels of oil equivalent a day in 2014 and has proven oil reserves of 17,996 million barrels of oil equivalent in keeping with December 2013 estimates.

Headquartered in London, BP has presence in eighty international locations and upstream operations in 28 of these. BP is the biggest overseas participant in the Russian oil market, and is also considered one of the most important producers of natural gas in North America. It either wholly or partly owns 14 refineries the world over.

China Petroleum & Chemical Corporation (Sinopec Corp.) – $94.7bn

China Petroleum & Chemical Corporation (Sinopec Corp.), the second greatest producer of crude oil and natural gas in China, had proven developed and undeveloped reserves of two,841 million barrels of oil and 6,493 billion cubic toes of natural gas as of December 2013.

The company has 12 oil and gas subsidiaries and is associated with oil and gas exploration and growth zones in the east, west and south areas of China.

Eni – $ninety.9bn

Eni, the world’s eighth largest oil and gas operator by market worth, produced 1.6 million barrels oil equal per day and reported $126.3bn of income and $1.5bn of internet revenue in 2014.

About 89% of the Eni’s output was from outdoors Italy, primarily from the US, UK, Angola and Algeria. The company’s estimated web proven reserves as of December 2014 stood at 6.60 billion barrels of oil equal.

Statoil – $89.2bn

Norwegian world power company Statoil has enterprise operations in 36 international locations and upstream operations in 29 locations worldwide. It produced 1,927mboe per day and had confirmed oil and gas reserves of 5,359mmboe in 2014.

Statoil operates Oseberg, one of the world’s biggest oil fields, and fields including Alve, Asgard, Borg, Heidrun, Kristine, Norne, Njord, Sleipner East and West, Skuld and Vega on the Norwegian continental shelf. Its main oil and gas discoveries in 2014 were within the Drivis prospect in the Barents Sea, and Askja prospects within the Grane space offshore Tanzania.

Gazprom – $88.8bn

Gazprom owns the world’s largest natural gas reserves, estimated at 35.7 trillion cubic meters, and the most important gas transmission system. Its oil and condensate reserves stood at three.2 billion tonnes as of December 2013.

Gazprom’s gas transmission system constitutes 169,000km of gas trunk-lines and laterals, 247 line compressor stations, and 26 underground gas storages. The corporate is currently engaged in giant-scale gas projects in the Yamal Peninsula, the Arctic seas, Japanese Siberia and the Far East, as well as exploration and manufacturing projects overseas.

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