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EGAS is involved in activities like the exploration and production of crude oil and natural gas and the installation of natural gas pipelines. Founded in 2001 to complement the overall strategy of the government, the company has a strategic alliance with Egyptian General Petroleum Corporation, which is ranked number 16 in this year’s Power 50 […]

NOC Libya was established in November 1970, replacing the Libyan Petroleum Corporation which was founded in 1968. The company is involved in exploration and production within Libya, the import and export of oil and gas, construction and maintenance of pipelines and storage tanks. In addition, affiliated with Libya NOC is a petroleum research centre that […]

John S. Watson assumed the role of chairman and CEO of Chevron in 2010 but has been with the company since 2005. Specialised in exploration and production, Chevron was the first to discover oil in the Arabian Peninsula. It was initially founded in 1876, but didn’t come to the Middle East until 1928 when it […]

A regional upstream company, Crescent Petroleum is based in the United Arab Emirates where it is strategically located between the Middle East and South Asia. Some of its activities include exploration and production of petroleum concessions in the UAE, Oman, Yemen, Egypt and Pakistan. Founded in 1971, the company, which is headquartered in Sharjah with […]

Statoil is involved in the exploration, production, and transportation of oil and natural gas. Being present in more than 30 countries, the company’s aim has been to further grow its global portfolio. According to the company’s official website, its international oil and gas production has increased sevenfold since 2000. In the Middle East, Statoil has […]

Not only is Rosneft at the forefront of Russia’s petroleum industry, it is also the world’s largest publically traded oil and gas company with oil and natural gas exploration and production as well as refining activities. More than 50% of the company is owned by the state-run Rosneftgas, 19.75% by BP, and 19.5% by Glencore […]

The publicly held Norwegian DNO focusses on exploration and production activities in the MENA region. Some of the blocks that it holds stake in are located in Kurdistan, where it was one of the first IOCs to enter in 2004. As of 2010, the company holds two offshore licences in Tunisia. In Oman, DNO has […]

Taqa is aligned with the Abu Dhabi’s Economic Vision 2030, which promotes sustainability and diversity. It carries out exploration and production activities with assets in Iraq, Morocco, Oman, KSA, and the UAE. According to its website, Taqa has proven and probable reserves of 485mn boe, a total average of 145,300 bpd, and underground gas storage […]

Chairman and CEO Ryan M Lance has been leading ConocoPhillips since April 2012, having previously served as senior VP of international E&P from 2009. His career with the company, however, goes further back to 2005. Based on production and proven reserves, the company is considered to be the world’s largest independent exploration and production company. […]

Shortly after its establishment in 2012, GS Energy started participating in exploration work in the UAE. Among other things, it was the company’s strategic vision that led to its acquisition of 3% of a UAE onshore concession in 2015. This was the same year that saw Ha Young-Bong promoted to the CEO role, a move […]