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Top 10 petroleum engineering companies

By aroadam1993 • 3 weeks ago • 643 • 116

Top 10 Companies in Petroleum Engineering [Oil and Gas; Nigeria]:

1. EXXON MOBIL

Some sources claim Exxon Mobil is arguably the best oil company in the world, and this; is not far from reality. Exxon Mobil is the largest descendant of John Rockefeller’s ‘Standard Oil’. Incorporated in Texas, ExxonMobil is one of the world’s largest companies by revenue. 

Exxon Mobil is also is into the exploration and production of crude and natural gas.

2. CHEVRON

This is one of the largest producers of oil in Nigeria and one of its largest investors.

Like Exxon Mobil, it is one of the descendants of Standard Oil. With its headquarters in California, Chevron has operations in over 180 countries. 

In 2018, Chevron’s net daily production in Nigeria averaged 194,000 barrels of crude oil and 233 million cubic feet of natural gas.

3. SHELL

This company has its headquarters in the Netherlands and incorporated in the United Kingdom. Shell Nigeria Gas is the country’s first and wholly-owned subsidiary of an international oil company involved in domestic gas distribution in Nigeria. 

In the 2019 Forbes Global 2000 ranked Shell as the ninth-largest company in the world and the most significant energy company. Moreover, it is the third-largest company in the world by 2018 revenues. 

4. STATOIL

STATOIL is the most prominent Norwegian oil company in the world and has been around in Nigeria since the 1990s. They deal with the Agbani oil field exploration project in the Niger Delta. 

In 2013, Forbes Magazine named Statoil the world’s eleventh most significant oil and gas company. 

5. TOTAL

Total is a French multinational oil and gas company. With over 60 years of operation in Nigeria, Total Nigeria has about 580 service stations in the country. Its businesses cover the entire oil and gas chain; from crude oil and natural gas exploration and production to power generation, transportation, refining and the like. 

6. AGIP

The oil and gas company is one of the largest in Nigeria. It is in joint partnership with NNPC, NAOC, and Oando. While NNPC owns 60% of the corporation, NAOC owns 20% and Oando owns 20%. AGIP operates formally Nigerian Agip Oil Company [NAOC]. 

7. TEXACO

As an American oil subsidiary of Chevron Corporation, Texaco commenced operations in Nigeria in 1961. The company was independent until its refining operations merged into Chevron Corporation in 2001. Before the merger, Texaco operated under the name to American Overseas Petroleum Ltd. 

They first discovered oil at the Koluama Field; offshore Nigeria. Reports have it that this venture produces about 60,000 barrels of oil daily. 

8. ADDAX

Addax Petroleum is one of the largest oil and gas producers in China; the biggest oil refiner in Asia and the largest worldwide. The petroleum company has had quite a history with the Federal Republic of Nigeria; this dates far back as 1998.

Addax Petroleum works with well over 100 wells in Nigeria, and its net worth is over 17 million pounds. 

9. NEXEN PETROLEUM NIGERIA LIMITED

Founded initially as CNOOC Petroleum North America ULC, Nexen is a Chinese-owned oil and gas company. Its most prominent projects in Africa are Nigerian offshore projects. It has a 45% working interest in the OML 130 deepwater located off the coast of Port Harcourt. By and large, Nexen Petroleum embarks on deepwater exploration in Nigeria. 

10. PETROBRAS

Petrobras is a Brazilian multinational corporation in the petroleum industry. Like its competitors, it focuses on oil, gas and alternative sources. Since it arrived in Nigeria in 1998, there has been an intensification in the exploration and production of oil activities in Nigeria. 



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