to expand its oil and gas production capacity have faced decades of delays, almost entirely due to debilitating discord between Kuwait’s Parliament (the National Assembly) and executive branch of government. The oil ministry and state-owned Kuwait Petroleum Corp (KPC), however, are at last moving forward with significant new oil and gas projects as the Parliament and Cabinet cooperate on budget deficits, declining oil revenue, and economic growth prospects. Increasing oil production capacity, and…

The oil and gas industry is crucial to the U.S. economy and plays a central role in its environment, society, and economic development . The U.S. consumes more oil than any other country. Products derived from oil include medicine, recreational sports items, cosmetics, plastic, chemicals, transportation liquids, etc... This is to say, crude oil is the most important natural resource of the industrialized nations, as it has assisted in the technical expansion and discovery of new sources and production…

When thinking about how all this oil and gas gets from the platforms in the gulf to land to be produced, you will run across the phrase, “flow assurance.” Flow assurance is what makes sure these oils and gases get from point A to point B without any hesitations or problems. Its main purpose is to prevent hydrates, clogged pipes, and wax depositions. So can the oilfield industry survive without flow assurance, especially in deep water operations? By reading this, you will learn how important flow…

Exxon-Mobil, to small exploration and production one like Cairn Energy, operate in the oil and gas industry. Each of these companies faces some financial, commercial or contractual considerations similar throughout the industry, and some peculiar to the area of operation within the industry. Problems within the oil and gas companies have occurred in the past due to askew interests and these problems are likely to occur in the future. Managers within the oil and gas industries requires essential working knowledge…

The oil and gas industry is characterized by many processes, including exploration, resource extraction, refining, transport, and the trade of products. These resources are important to a number of other industries, and have become vital to the maintenance of industrial civilization. Not only does energy affect the big businesses on the coasts and across the oceans; but it also affects everyday people in rural America, from pump jacks to coal mines. It’s easy to see that technology affects retail…

largest oil and gas companies in the world with a large multinational presence. BP is a British multinational organization with headquarters in London, England, and that pursues commercial interests throughout the world. BP has a strong global presence due to its production and marketing operations in several regions of the world. The global operations of BP comprise a large geographical area due to the effective vertical integration of the organization in all sectors of the oil and gas industry. This…

rapidly and the company will have no other source of income. Another threat with this industry is environmental awareness. In most countries, there are laws to protect the environment. These laws and regulations, if implemented in the United States, could create a threat for Cimarex, and companies like Cimarex, by restricting or placing an environmental tax on the production of oil and gas. Oil and gas production are subject to regulations from Federal, State, and local Government. To work with the…

Description Exxon Mobile is based out of Irving Texas. Exxon Mobil is one of leaders in the Oil & Gas industry. As a leader in the Oil and Gas with capitalization of 100 Billion or more, they are the world 's largest publicly traded international oil and Gas Company (exxonmobile.com). “They are an integrated Oil & Gas company. They are engaged in the exploration and production refining and marketing of Oil & Gas. The company is also a major manufacturer and marketer of commodity petrochemicals. Including…

Current & Emerging Challenges in Global Oil & Gas Industry Submitted By: ABHISHEK KUMAR ROLL – 02 PGDM - IB Under the Guidance of: Prof. C P JOSHI HOD (Strategy, International Business & General Management) Current & Emerging Challenges in Global Oil & Gas Industry 1. Topic: Current & Emerging Challenges in Global Oil & Gas Industry 2. Objective: This seminar paper aims to briefly analyse the current challenges faced by Global Oil & Gas companies and its impact on the global energy…

the oil and gas production, exploration and fields in Bulgaria. The Bulgarian energy sector is comparably small in global terms, but is rather sizable in the country’s industrial portfolio. In detail, I will start the discussion with Morphotectonic provinces of Bulgaria and Bulgarian basins. I will introduce the 5 morphotectonic provinces and several Bulgarian basins. Then I will talk about the oil and gas fields in Bulgaria. The most popular oil and gas fields in Bulgaria are Tjulenovo Oil and Gas…