North sea oil companies list. It is a border sea to the Atlantic Ocean.
North sea oil companies list After 2030 the NCS will enter a more mature phase, but it will continue to be our backbone for many years. The field, located 75 kilometers west of Shetland, was discovered in 1977, but challenging reservoir characteristics and the technological limits of the time meant it was the mid-1990s before the field saw extensive drilling, and 2001 before bp and Feb 18, 2021 · The oil and gas companies in UK are involved in all stages of the petroleum industry worldwide, but of course mostly in the North Sea and West of Shetland. They search for and produce petroleum, drill and operate list of oil rigs, they transport, refine and market petroleum and petroleum products. By 1996, 50 wells had been drilled and three facilities established, with oil production reaching 100,000 barrels daily. In 2013 the UK consumed 1. [6] Maersk Oil is an international oil and gas company with operated production of 550,000 barrels of oil equivalent per day. The number of jobs created by the energy Apr 13, 2025 · Equinor, which was carrying approximately $7. This list of oil and gas fields of the North Sea contains links to oil and natural gas reservoirs beneath the North Sea. North Oil Company Iraq: South Oil Company: Missan Oil Company: Midland Oil Company: Delek Israel: Isramco: Modiin Energy: Eneos Japan: Inpex: JAPEX: KazMunayGas Kazakhstan: Kuwait Petroleum Corporation Kuwait: Kuwait Petroleum International (Q8) Consolidated Contractors Company Lebanon: Petronas Malaysia: Petroleum Development Oman Oman: Oil Oil rigs at Cromarty Firth, Scotland. The Northern Europe petroleum companies search for, explore and produce petroleum, they transport, refine and market petroleum and petrochemical products. Ithaca Energy grew its market capitalisation following its purchase of Eni’s North Sea assets and the remaining 30 per cent stake in the Cambo field from Shell. In 1965, Phillips Petroleum made the first commercial oil field discovery, the Ekofisk field, in Norwegian waters. With an estimated seven billion barrels of oil in place, the Clair field is the largest oilfield on the UK Continental Shelf. BP says it has ambitions of becoming a net-zero company by 2050. supermajor was among the first oil and gas companies to drill in the North Sea in the 1960s. It is headquartered in Paris, France and has branch offices in Houston, London and the Hague. 508 million barrels per day (bpd) of oil and 2. Click the links to find company profile, jobs and contact details for each company. Also, use the search buttons as there are many more in the company database: List of Oil and Gas Companies in the Middle East. Our U. 3. Click the link to find company profile, jobs and contact details for each company: List of Oil and Gas Companies in Stavanger, Norway. North Sea Oil and Gas Companies (2024 - 2029) Numerous companies have been making significant strides in the energy sector, with several firms focusing on sustainable and efficient energy solutions. The agency analyzes data collected from industry players to create a more sustainable Apr 10, 2024 · New research has cast light on the top companies commanding the majority of the UK’s North Sea production and spending. 6. Repsol is pleased to announce a landmark agreement to consolidate its UK North Sea upstream business with NEO Energy Group Limited (“NEO UK”) The manner in which the North Sea was developed in the 1970s and 80s - the privatisation of the natural-resources bounty of the North Sea; the UK’s subsequent failure to sustain its own publicly owned exploration and production enterprise like Norway; the importation of insecure, non-unionised labour practices into the sector; a legal and An Equinor oil platform in the North Sea Development of carbon dioxide emissions. Repsol announces strategic consolidation of Repsol Resources UK with NEO UK to form NEO NEXT – creating one of the largest UK North Sea independent Oil & Gas companies. 735 trillion cubic feet (tcf) of gas, [5] so is now an importer of hydrocarbons having been a significant exporter in the 1980s and 1990s. Sep 18, 2021 · In 1986, Maersk Oil took over the operation of the Dansk Undergrunds Consortium’s fields in the Danish section of the North Sea. The North Sea Oil and Gas Market is growing at a CAGR of greater than 2% over the next 5 years. The UK was Harbour’s largest producer in 2024, averaging 149 kboepd (2023: 175 kboepd). This report lists the top North Sea Region Oil and Gas companies based on the 2023 & 2024 market share reports. Through to 2030, annual crude oil and condensate production is forecasted to decrease by a CAGR of 2. We innovate and invest to maximise the life of our assets and utilise subsea infrastructure to optimise developments Mar 9, 2021 · Top 20 List of Largest and Biggest Oil and Gas Companies in Africa. S. Despite this, the industry has faced challenges in recent years due to the low price of oil and the increasing focus on renewable energy sources. "The Value and Distribution of the Benefits of North Sea Oil and Gas, 1970—1985. 42 million BOE per day [4] in 2014, of which 59% [4] was oil/liquids. An icon of a circle with a diagonal line across. We are on track to maintain profitable production from the Norwegian continental shelf at current level towards 2030. The North Sea consists of two deposit basins; The southern North Sea has deposits from The oil industry and government strategy in the North Sea (1980) Page, S. Also, use the search buttons as there are many more in the company database: List of Oil and Gas Companies in Asia Aug 26, 2024 · This discovery increased the interest in exploring the adjacent offshore areas. North Sea Operators, Companies, and Producers status, API, lease information, and legal description Rig Locations Map / Database: Updated Weekly Search and view rig locations by: operator, well name, county, state, and wellbore type Sep 5, 2023 · 1. operations are managed by subsidiaries of Apache Corporation. 6bn of tax losses in the North Sea, is merging its portfolio with Shell UK, and last month, Neo, which reported a tax loss position of $3. Also, use the search buttons as there are many more in the company database: We also have non-operated stakes including Elgin/Franklin, Buzzard, West of Shetland (Clair, Schiehallion and Solan, which is operated) and the Beryl Area. These corporations, which include major players in the energy industry, are committed to innovating and developing new technologies to meet the Map of oil and gas fields. The U. Because of this, the winding down of North Sea fossil fuel extraction is imperative for a clean energy transition. Norway's oil and gas reserves are primarily located in the North Sea and Norwegian Sea, and the country has a reputation for being a leader in environmentally conscious oil and gas production. Oil Strike North Sea: A first-hand history of North Sea oil. 2. 475,000 barrels of oil equivalent per day with significant production in Norway, the UK, Germany, Argentina and North Africa and comprising a mix of European and international gas, and liquids. 7bn at the Mar 27, 2025 · Spanish oil company Repsol and private equity-backed NEO Energy have agreed to merge their UK North Sea oil and gas businesses to create a joint venture with output of around 130,000 barrels of The Fram oil finds in the North Sea comprise the Fram West and Fram East fields. " NEW🚨 Who owns the North Sea? Feb 18, 2019 · Top 20 List of Oil and Gas Companies in Stavanger, Norway. Discovery: Oil and gas exploration in the North Sea began in the 1960s, with the first significant oil find being the Ekofisk field in 1969. [6] The original objective of the well had been to drill for gas to test the idea that the southern North Sea gas province extended to the north. Our other UK North Sea interests include East Irish Sea, Galleon, Ravenspurn North and Johnston. Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. An icon Dec 12, 2024 · Despite growing pressure to transition to renewable energy, major oil and gas companies like Shell, Equinor, and BP are continuing to invest in fossil fuel projects, particularly in the North Sea. The field extends across the UK-Norwegian boundary in the North Sea with 85. Below is the list of top 20 oil and gas companies and firms that are related to Texas. Oil and gas from the North Sea also feeds into global energy markets, supporting various industries and economies worldwide. 1994 to 2004. The NSTA aims to provide transparency on the environmental impact of oil drilling and extraction in the North Sea. Oil Production in Al Shaheen field began in 1994. Licenses grant their holders rights over the fossil fuel wealth of the North Sea, shaping how much is extracted and how it is used. They search for and produce petroleum, they transport, drilling and operate list of oil rigs, refine and market petroleum and petroleum products. Luath Press (2015). Headquarter: Lafayette, Louisiana, United States; Founded: 2013; Headcount: 201-500; LinkedIn; All Coast LLC is a leading company in the offshore oil and gas industry. "The New Mar 15, 2024 · Another new entrant on the table is Italian oil major Eni as operator of the Cygnus hub in the Southern North Sea, having acquired Neptune Energy’s business. The company is focused on providing sustainable energy solutions. An icon of a paper envelope. The largest oil producing countries in North Sea are Norway, United Kingdom, and Denmark. Many of the crude oil companies are located in the major oil and gas cities and oil and natural gas capitols such as Stavanger, Norway, Aberdeen, Scotland, Houston, Texas, USA and Perth, Australia. Thus began the 'oil boom' in the North Sea, with large international oil companies making investments there. [1] Oct 27, 2022 · ADES’ clients include both national oil companies, such as Saudi Aramco and Kuwait Oil Co, as well as joint ventures of NOCs with global majors including BP and Eni. Dundas Consultants collated data on the 254 exploration and production Major companies to flag business opportunities to energy supply chain at 2025 Share Fair Membership Our members benefit from value adding insights, targeted networking, profile raising opportunities and reduced costs for OEUK events. An icon of a block arrow pointing to the right. Click the link to find company profile, list of oil rigs, jobs and contact details for each company: List of Oil and Gas Companies in Houston, United States The subsea oil and gas companies in Norway are involved in all stages of the petroleum industry worldwide, but of course mostly in the North Sea. 07%. Dec 16, 2024 · Stable Market Growth: While oil prices have fluctuated, the North Sea oil and gas production is expected to increase at a steady pace, with a projected annual growth rate of more than 2% from 2024 Jul 2, 2019 · Below is the list of top 20 oil and gas companies and firms that are related to greater Singapore area. 8% when compared to 2021. Below is the list of top 20 biggest oil and gas companies and firms in Asia. In addition, there are also many oil and gas businesses with head office or branches in the largest cities and town of the world such as London, Singapore, Luanda Mar 15, 2021 · Below is the list of top 20 biggest oil and gas companies and firms in Australia. " National Institute Economic Review 82. Collectively, the UK sector Mar 18, 2025 · Harbour Energy acquired Wintershall Dea’s upstream assets, becoming a “super independent” that is more internationally focussed and less reliant on North Sea production. Also, use the search buttons as there are many more in the company database: List of Oil and Gas Companies in Africa They offer exploration, production, and development of offshore oil and gas reserves. Top 20 List of Oil and Gas Companies in United States. Here's an overview of oil and gas drilling activities in the North Sea: History and Background. An interactive database showing who owns oil and gas licenses in the North Sea. Well Processing AS Jun 19, 2023 · An icon of a desk calendar. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the North Sea Oil and Gas Upstream industry. Mar 10, 2016 · Statfjord, one of the North Sea’s oldest oil fields, was discovered in 1974 by Mobil Exploration Norway and started producing in 1979 but was sold to Statoil in 1987. BP Plc, Shell Plc, Equinor ASA, Neptune Energy and INEOS Group are the major companies operating in this market. Norway is a large energy producer, and one of the world's largest exporters of oil. Both field developments consist of subsea installations connected via pipelines to the Troll C platform. Learn More Jul 12, 2024 · Montrose Platform, North Sea, U. Mar 9, 2021 · Below is the list of top 20 biggest oil and gas companies and firms in Middle East. List of Oil and Gas Companies in Aberdeen Scotland; List of Oil and Gas Companies in Stavanger Norway; List of Oil and Gas Companies in London, UK; List of Oil and Gas Companies in Perth Australia; List of Oil and Gas Companies in Singapore Singapore; List of Oil and Gas Companies in Luanda Angola; List of Oil and Gas Companies in Port Harcourt May 17, 2024 · The U. Below is the list of top 20 oil and gas companies and firms that are related to Rogaland area. Clair Phase One. Jan 26, 2019 · The oil and gas companies in Scotland are involved in all stages of the petroleum industry worldwide, but of course mostly in the North Sea and West of Shetland. Financially, the North Sea remains a significant economic contributor to the countries involved. Also, use the search buttons as there are many more in the company database: List of Oil and Gas Companies. Today, Harbour is producing c. In terms of the oil industry, "North Sea oil" often refers to a larger geographical set, including areas such as the Norwegian Sea and the UK "Atlantic Margin" (west of Shetland) which are not, strictly speaking, part of the North Sea. K. An icon of the Facebook "f" mark. Below is the list of top 5 companies related to the subsea oil and gas category: ROVOTICS Rovotics is based in the United Arab Emirates , Rovotics was formed in 2011 when a group of experienced ROV technical experts felt the market was lacking advanced systems that harnessed the latest technology, provided optimum reliability and effective Dec 5, 2024 · Shell, Equinor to each own 50% of joint venture Will produce over 140,000 barrels of oil equivalent per day Will be biggest independent oil producer in British North Sea Output could rise to Jun 8, 2019 · More companies in North America. 1 (1977): 41–58. The subsea oil and gas North Sea projects are located in the sea between Norway, the British Isles and the Continent. A. It is a border sea to the Atlantic Ocean. 's recently elected Labour party government, which had pledged to end all new North Sea oil and gas We’re responsible for 70% of oil and gas production in Norway. The North Sea Transition Authority (NSTA) compiles and publishes data on the activities of oil companies operating in the North Sea. NSMP owns and develops large-scale midstream oil and gas assets in and around the North Sea Apr 23, 2025 · Serica’s balanced, growth-oriented UK North Sea portfolio produces oil and gas from 10 fields, with over 80% of our production operated by Serica and 2P reserves of 117 million BOE. . How deep is the North Sea? The maximum water depth in the North Sea is approximately 700 meters. Our global footprint. It collaborates with international oil companies offering services like data processing, testing of oil wells, site evaluation, drilling and lifting operations etc. Much of the oil and gas extracted from the North Sea is exported globally, with Europe being a major market. BHP Billiton May 9, 2022 · The company recorded annual revenue of around 48 billion dollars in 2017. Feb 27, 2024 · The firm boasts on its site it knows the North Sea well “having been here from the very start”. All Coast. North Sea's top oil and gas producers. The UK is the second largest oil and gas producer in Europe, with most of this extraction happening through the North Sea. Below is the list of top 20 biggest oil and gas companies and firms in Africa. The oil and gas industry in the United Kingdom produced 1. Chrysaor is set to further consolidate its position as the region's top producer after its takeover of Premier Oil. B. In December 1969, Amoco discovered the Montrose Field about 217 km (135 mi) east of Aberdeen. The North Sea has long been a significant region for oil and gas exploration and production. Punj Lloyd Ltd Many of the pipeline companies are located in the major oil and gas cities and oil capitols such as Stavanger, Norway, Aberdeen, Scotland, Houston, Texas, USA and Perth, Australia. Shepherd, Mike. Mar 9, 2021 · Top 20 List of Largest and Biggest Oil and Gas Companies in Asia. Note: in '000 of barrels of oil Mar 9, 2021 · The subsea oil and gas companies in Northern Europe are involved in all stages of the petroleum industry worldwide, but of mostly in the North Sea, Barents Sea and West of Shetland. Jun 5, 2024 · Three British energy companies have decided to delay by a year the planned start of oil production at their joint-venture oilfield in the North Sea, citing the need for clarity on the fiscal Aberdeen has been characterised as the "oil capital" of Scotland, the United Kingdom, as well as Europe as a whole. Jun 6, 2023 · The total crude oil and condensate production of North Sea in 2022 decreased by 5. (Photo: Andrew Milligan) PA Images via Getty Images. They search for, explore and produce petroleum, they transport, refine and market petroleum and petroleum products. [1] [2] [3] Aberdeen boasts the primary main heliport for the offshore North Sea oil and gas industry at Aberdeen Airport. Apache entered the North Sea in 2003 after acquiring an approximate 97% working interest in the Forties Field (Forties). Should the latest sale go through, it would signal the end of a major chapter in the basin's Jul 29, 2021 · "In the heavily regulated space of the North Sea, these licenses – which come with conditions attached that companies must meet to maintain their license - confer exclusive rights to equity holders to 'search and bore for and get' petroleum in a defined area, as set out in the Petroleum Act 1998. In recent years it has sold a number of its assets in the area to companies such as EnQuest and INEOS, the latter of which operates the Grangemouth refinery. Most of the electricity in the country is produced by hydroelectricity. 47% lying in Norway and the remaining inthe UK. Ithaca Energy has announced the completion of its Business Combination with Eni UK creating a dynamic growth player with significant organic and inorganic investment optionality, delivering the oil and gas essential for energy security while supporting the UK’s decarbonisation targets. It was Phillips Petroleum that first found oil in the North Sea on December 23, 1969, at a position that was later named Ekofisk. Toye, Richard. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the North Sea Region Oil and Gas industry. Last year, ADES bought jack-up drilling rigs from Noble Corporation and Vantage Drilling. In 2011, the Company acquired Mobil North Sea Limited, which included operated interests in the Beryl Field. The fields are located about 20 kilometers north of the Troll field at a depth of approximately 350 meters. Find oil company directory. Aberdeen Harbour is an important port for offshore oil rigs. This report lists the top North Sea Oil and Gas Upstream companies based on the 2023 & 2024 market share reports. aolobxdtblannmkmknnobarwzeoizkxlrcbsfsdfougtaep