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Oil & Gas Development Company Limited, commonly known as OGDCL ( Urdu: آئل اینڈ گیس ڈویلپمنٹ کمپنی) is a Pakistani state-owned oil and gas company headquartered in Islamabad. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. The rest are held by private investors.
Petroleum licensing. Petroleum licensing or exploration license is the act of giving licenses (geographical areas at land or sea) to a company or a joint venture allowing them to search for commercially feasible deposits for the extraction of petroleum . Each sovereign country distributes licenses in what is typically called a licensing round.
www.oil.gov.iq. The Ministry of Oil ( Arabic: وزارة النفط) is the cabinet -level ministry of the Iraqi government responsible for managing and developing the energy (oil and gas) sector in Iraq. The Minister of Oil since October 2022 is Hayyan Abdul Ghani. Abdul Ghani, a former director general of the South Gas Co, was also previously ...
Production sharing agreement. Production sharing agreements ( PSAs) or production sharing contracts ( PSCs) are a common type of contract signed between a government and a resource extraction company (or group of companies) concerning how much of the resource (usually oil) extracted from the country each will receive.
The Oil and Natural Gas Corporation Limited ( ONGC) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. The company is headquartered in Delhi. ONGC was founded on 14 August 1956 by the Government of India. It is the largest government-owned-oil and gas explorer and ...
TechnipFMC plc (/ ˈ t ɛ k n iː p ɛ f ɛ m s iː / Tek-NEEP-ef-em-see) is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France [1] that was announced in 2016 and completed in 2017.
Petroleum Development Oman ( PDO) is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply. The company is owned by the Government of Oman (with a 60% interest), Royal Dutch Shell (34%), TotalEnergies (4%) and Partex (2%).
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.