Petroleum industry

1. Introduction Ekofisk Oil Field is the North Sea’s first giant oil field which was discovered by Philips Petroleum in 1969 and approved for development in 1972. Ekofisk oil field is an oil field in block 2/4 which located at the Norwegian Continental Shelf of the North Sea (Figure 1.1). The total recoverable reserves of Ekofisk Oil field originally were 3, 324.2 million bbl oil, 156.1 bn ccm gas and 14.5 million tonnes of NGL. As of December 2012, the remaining recoverable reserves are…

6.1 Legal clauses The PSC provides an elaborate mechanism for the control and supervision of of the activities relating to the exploration, discovery, development and production of crude oil/natural gas and associated hydrocarbons from the relevant field. It distributes title over the crude oil/natural gas and associated hydrocarbons between the government and each of the consortium members. The various clauses are being described below under various sub heads. 6.1.1 Rights granted by PSC The…

note that Royal Dutch Shell plc is the parent company of Shell Group. The company not only deals with oil refinery but also it produces aviation and marine fuels, lubricants, waterproofing materials, natural gas, chemical feedstock and many other petroleum products (Kiong, 2013). It is a big oil exporter in the world. It has many branches all over the world, for instance, it has extended its services to India, China, Korea, Japan and currently in Africa. The products are transported via…

can be accredited to the many types of workers who flooded to Odessa from all across Texas and the United States in the height of drilling during the late 1940’s. Migrations of oil field workers were produced by frequent shifts in the demand for petroleum. More specifically, an oil boom is defined by these shifts and the three different types of workers who would arrive on an oil drilling site during different times and would contributed in different ways to the project. The three types of oil…

institution to educate and improve the skills of their employees. The names of four educational and training institutions are Universiti Teknologi PETRONAS (UTP), Maritime Academy of Malaysia (ALAM), PETRONAS Leadership Centre (PLC) and Institut Teknologi Petroleum PETRONAS…

Occidental Petroleum Corporation (Oxy) is an American multinational oil and gas investigation and generation organization with operations in the United States, the Middle East, and Latin America. Headquartered in Houston, Texas,[5] it is one of the biggest American oil and gas organizations in light of 2015 year-end advertise capitalization. Regularly truncated as "Oxy", in reference to its ticker image, the organization is positioned on the Forbes Global 2000 and Fortune 500 rundown. In 2015,…

Sociocultural forces Exxon Mobil has more than 350 service stations in EGYPT which is available at many places. In Egypt Exxon Mobil offers quality fuels and lubricant so customers with high and middle income could use it. The Industry environment analysis (Task environment) Porter’s five force…

1 introduction The mineral oil company Petrobras was founded by the former Brazilian president Getúlio Vargas in 1953, accompanied by his very own exclamation “The petroleum is ours” (Dias and Quaglino 1993: 64). This phrase has since remained present by giving distinction to the firm’s history and is therefore equally applicable to the firm’s exploiting activities on the Bolivian market, where the parastatal company started operating in 1996 (Goldstein 2007: 114). After the conclusion of…

Chemical Industry is one of the oldest and largest industries in the world, forming the backbone for many other downstream industries. It produces products and materials, 70% of which forms the input for other industries like Agriculture, Automobile, plastic, textiles, petroleum refining, primary metal and chemical industry itself which consumes 26% of its own output. Rest of the production is consumed directly in form of detergent, soap, perfumes and other consumer goods. The global chemical…

Shell Oil Company globalization impacted the Ogoni culture in the Niger Delta, Nigeria (Unknown, UNPO, 2009). In 1956 Shell Oil Company, out of Britain found oil deposits and commenced drilling the Niger Delta (Unknown, UNPO, 2009). Before the oil industry globalization, the Ogoni culture had a culture of tradition expanding over 500 years. Furthermore, the Ogoni culture lived off the land, without repercussions from today’s modernization, laws and technology. The Ogoni culture along Niger…