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Transocean was formed as a result of the merger of Southern Natural Gas Company, later Sonat, with many smaller drilling companies.. In 1953, the Birmingham, Alabama-based Southern Natural Gas Company created The Offshore Company after acquiring the joint drilling operation DeLong-McDermott from DeLong Engineering and J. Ray McDermott.
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
Most upstream work in the oil field or on an oil well is contracted out to drilling contractors and oil field service companies. [citation needed] Aside from the NOCs which dominate the Upstream sector, there are many international companies that have a market share. For example: [32] BG Group; BHP; ConocoPhillips; Chevron; Eni; ExxonMobil
Job seekers pondering a new career in the gas and oil sector can check out the list of positions below, and see if they have the skills and temperament to join America's 21st century energy ...
In November 2009, an ExxonMobil - Shell joint venture won a $50 billion contract to develop the 9-billion-barrels (1.4 × 10 ^ 9 m 3) West Qurna Phase I. [1] As per Iraqi Oil Ministry estimates, the project required a $25 billion investment and another $25 billion in operating fees creating approximately 100,000 jobs in the underdeveloped southern region.
A Landman or "Petroleum Landman"—in the United States and Canada—is an individual who performs various services for oil and gas exploration companies. [1] According to the website of the American Association of Professional Landmen (AAPL), these services include but are not limited to: negotiating for the acquisition or divestiture of mineral rights; negotiating business agreements that ...
This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies.
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), midstream and downstream. [1] [2] The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the ...
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