The Oil and Natural Gas Value Chain; PETROLEUM INDUSTRY STRUCTURE; THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY; UPSTREAM OIL AND GAS SECTOR; Business Cycle of Upstream; Components of the Upstream Sector; Upstream Oil Company Targets; MIDSTREAM SECTOR; DOWNSTREAM PROCESS AND SECTOR; Distribution of Refined Products; PETROLEUM REFINING; Distillation of Crude Oil; PETROLEUM COMPANIES TYPES; International Oil Companies (IOCs); Nation Oil Companies (NOCs); Operator Companies (or Exploration and Production (E &P) Companies); Types of exploration and production companies; Service Petroleum Companies; Types of service companies; MAIN PETROLEUM COMPANIES PARTICIPANTS IN THE INTERNATIONAL OIL MARKET; SEVEN SISTERS (or ANGLO-SAXON) ; Composition and history; New Seven Sisters
High Profile 🔝 8250077686 📞 Call Girls Service in GTB Nagar🍑
PETROLEUM INDUSTRY STRUCTURE
1. Prof. Dr. H.Z. Harraz Presentation
PETROLEUM INDUSTRY STRUCTURE
Hassan Z. Harraz
hharraz2006@yahoo.com
2015- 2016
This material is intended for use in lectures, presentations and as
handouts to students, and is provided in Power point format so as to
allow customization for the individual needs of course instructors.
Permission of the author and publisher is required for any other usage.
Please see hharraz2006@yahoo.com for contact details.
55. Egyptian Petroleum Sector
Ministry of Petroleum
Egyptian
General
Petroleum
Corporation
(EGPC)
Egyptian
Natural Gas
Holding
Company
(EGAS)
Egyptian
Petrochemical
Holding
Company
(ECHEM)
Ganob El-Wadi
Petroleum
Holding
Company
(GanoPe)
56. The Restructuring Process
The restructuring included establishing 3 new Holding Companies
in addition to the Egyptian General Petroleum Corporation
(EGPC), namely:
The Egyptian Natural Gas Holding Company (EGAS),
The Egyptian Petrochemicals Holding Company
(ECHEM), and
Ganoub El Wadi Petroleum Holding Company (GANOPE).
EGPC: Exploration, production, transportation, refining, distribution
and marketing of crude oil and petroleum products.
EGAS: Exploration, production, transportation, treatment,
processing, distribution and marketing of natural gas.
ECHEM: All petrochemical activities in Egypt.
GANOPE: All oil and gas activities in Upper Egypt.
57. Oil & Gas Industry in Egypt
Egypt Concession Agreements & Commitments
• 171 signed concession agreements with 50
international petroleum companies represent 29
nationalities with financial commitments 11 billion
dollars & to drill 494 wells.
58.
59. Upstream
Investments
Egyptian Ministry of Petroleum
has been successful in attracting
more international oil and gas
companies.
Upstream Investments has more
than doubled during the past
decade compared to the eighties
and nineties.
Oil and gas investments account
for 76% of total foreign
investments in Egypt.
427
New Discoveries
Were achieved
During the Period
from
1999 to 2009
271 Oil discoveries
&
156 Gas discoveries
Exploration
61. Reserves
Hydrocarbon Reserves
have increased steadily
in the past few years
Proven Gas Reserves
have more than doubled
from 36 tcf in 1999 to 78
tcf in April 2010.
Oil & Condensates’
Reserves have raised
from 3.8 billion barrels in
1999 to 4.4 billion barrels
in 2009.
62. Production
Total Production of
Hydrocarbon grew from 1.1
million barrels equivalent in
1999 to 1.8 million barrels
equivalent in 2009.
Gas Production has risen
three‐fold from around 18
bcm in 1999 to 61 bcm in
2009.
In 08/09, Production of Crude
Oil & Condensate increased
by 6% more than 07/08 after
declining all the way from
94/95 till 05/06.
Egypt Among the First
Twenty Countries in the
World In Natural Gas
Production.