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Keep an eye on Rosneft because there is every chance this oil and gas colossus has begun an inexorable climb up this power list. Rosneft’s tendrils stretch from Brazil to Indonesia but the Middle East has largely been ignored – until now. Sechin, a close ally of Vladimir Putin, has overseen the purchase of a […]

TAQA means energy in Arabic and this Abu Dhabi firm has diverse interests in the sector, from wind farms in the US to coal-fired power generation in Morocco. Al Hajeri’s firm has witnessed a turnaround after losing $6bn in 2016 due to asset depreciation. Last year’s $45mn profit resulted partly from higher oil prices. TAQA […]

Norway’s DNO has an increasingly visible presence in the region’s industry. A settlement agreement with the Kurdistan Regional Government has seen the firm take a 75% holding at the Tawke oilfield in northern Iraq and this is its main source of production, with an average of 105,500 bpd last year. DNO plans to invest heavily […]

It seems strange to compile a list of oil and gas firms and yet place Russian giant Gazprom so far down it. The lack of any genuine presence in the Arabian Gulf doesn’t help but the firm has a 30% stake in Iraq’s Badra oilfield which produces 85,000 bpd and its associated gas plant targeting […]

The Osaka based corporation was one of the final additions to this list as its $406mn deal to trouser Shell’s 19.6% holding in the huge West Qurna 1 oilfield in Iraq, with its potential reserves of 20bn barrels and its present daily output of 400,000 bpd, was a genuine tipping point. If operator ExxonMobil’s goal […]