petroleum industry
ADEYEMI G.A
OMEGA 2013
The
petroleum industry has evolved over the years to become a gigantic industry.
Personnel in the areas of sciences & applied sciences are required:
• Petroleum engineers
• Mechanical engineers
• Chemical engineers
• Electrical engineers
• Computer scientists
• Physicists
• Chemists
• Marine biologists &
• Geologists
engineers
• Others
There
2 broad classifications of global petroleum industry:
• National Oil Companies (NOC)
• International Oil Companies (IOC)
Very
large in terms of production, & some substantial in refining.
They are owned by their respective governments. They account for about 33.33% of world crude production. Examples
of NOCs:
• Petronas (Malaysia)
• Petroleos de Venezuela – PDVSA (Venezuela)
• Saudi Aramco (Saudi Arabia)
• Statoil Hydro (Norway)
• Petrobras (Brazil)
• PEMEX (Mexico)
• NNPC (Nigeria)
• Sinopec, CNOOC (China)
• GNPC (Ghana)
Also
known as Multinationals.
They have a significant proportion of their operations in several different countries.
There are 5 major IOCs:
• British Petroleum (BP)
• ChevronTexaco
• ExxonMobil
• Royal Dutch/Shell (simply Shell)
• TotalFinaElf (simply Total)
Strength
of the “Big Five”:
• Production in more than 15 countries.
• Refining in more than 15 countries.
• Products marketing in more than 40 countries.
• They account for approx. 13% of world production.
• They account for 21% world refining.
• They account for 35% world product sales.
Other
IOCs are:
• Amerada Hess
• Anadarko
• ConocoPhillips (simply Phillips)
• ENI/Agip
• Kerr McGee
• Occidental
• Repsol
• Unocal
The
2 main sectors in the industry are:
Upstream Sector
• Producing
• Servicing
Downstream
Sector
• Refining
• Products sales
• Transportation
Basically
involves the extraction & field treatment of oil & gas.
There are 2
OMEGA 2013
The
petroleum industry has evolved over the years to become a gigantic industry.
Personnel in the areas of sciences & applied sciences are required:
• Petroleum engineers
• Mechanical engineers
• Chemical engineers
• Electrical engineers
• Computer scientists
• Physicists
• Chemists
• Marine biologists &
• Geologists
engineers
• Others
There
2 broad classifications of global petroleum industry:
• National Oil Companies (NOC)
• International Oil Companies (IOC)
Very
large in terms of production, & some substantial in refining.
They are owned by their respective governments. They account for about 33.33% of world crude production. Examples
of NOCs:
• Petronas (Malaysia)
• Petroleos de Venezuela – PDVSA (Venezuela)
• Saudi Aramco (Saudi Arabia)
• Statoil Hydro (Norway)
• Petrobras (Brazil)
• PEMEX (Mexico)
• NNPC (Nigeria)
• Sinopec, CNOOC (China)
• GNPC (Ghana)
Also
known as Multinationals.
They have a significant proportion of their operations in several different countries.
There are 5 major IOCs:
• British Petroleum (BP)
• ChevronTexaco
• ExxonMobil
• Royal Dutch/Shell (simply Shell)
• TotalFinaElf (simply Total)
Strength
of the “Big Five”:
• Production in more than 15 countries.
• Refining in more than 15 countries.
• Products marketing in more than 40 countries.
• They account for approx. 13% of world production.
• They account for 21% world refining.
• They account for 35% world product sales.
Other
IOCs are:
• Amerada Hess
• Anadarko
• ConocoPhillips (simply Phillips)
• ENI/Agip
• Kerr McGee
• Occidental
• Repsol
• Unocal
The
2 main sectors in the industry are:
Upstream Sector
• Producing
• Servicing
Downstream
Sector
• Refining
• Products sales
• Transportation
Basically
involves the extraction & field treatment of oil & gas.
There are 2