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Emirates National Oil Company
ENOC (the Emirates National Oil Company) is a global diversified state owned energy group and operates in oil, gas and coal industry. History Established in 1993, ENOC is a wholly owned company of the Government of Dubai, through the Investment Corporation of Dubai. In 1999 ENOC opened its first oil refinery, which produced and cost about AED 1.5 billion. In 2019, ENOC presented two new digital ventures under its accelerator program Next, which was launched the same year: Enoc Link, an automotive refueling service and Beema, an online vehicle insurance service. Operations ENOC is a multi-interest oil and gas group, and has operations in Dubai and Northern Emirates in UAE, although it does not have operations in Abu Dhabi, the largest of the emirates. One of its subsidiaries, ENOC Processing Company LCC (EPCL) runs the Jebel Ali refinery in Dubai. The ENOC Group comprises numerous related subsidiaries, across two main categories - energy operations and general services - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Enoc or ENOC may refer to: * ENOC, Emirates National Oil Company * European Network of Ombudspersons for Children (abbreviated ENOC) * Saint Issel, the father of Saint Teilo whose name is also given as Enoc * '' Enoc Huws'', 1891 Welsh novel by Daniel Owen * EnerNOC, American utilities company, NASDAQ code ENOC * ''ENOC'' (album), a 2020 album by Ozuna See also *Enoch (other) Enoch is a biblical figure and the subject of the Book of Enoch. Enoch may also refer to: People * Enoch (given name) * Enoch (surname) * Enoch (son of Cain) * Enoch, one of the five sons of Midian * Teneu, also known as St. Enoch Places C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jebel Ali Refinery
The Jebel Ali refinery was constructed from 1996 to 1999. It is located in Dubai and operated by the Emirates National Oil Co. (ENOC), which is owned by the Government of Dubai. It is a 120 kbpd gas condensate refinery, and processes mainly condensate or light crude oil. These inputs are processed to various products, including LPG, naphtha, jet fuel, diesel oil and fuel oil. The plant consists of two 60 kbit/s condensate distillation units (often referred to as condensate splitters) and five merox sweetening units. An upgrade - costing $850 million (US) - was implemented in 2010 for the production of reformat and low-sulfur naphtha through installation of a reformer and a hydrotreater. In 2014, a contract for a new upgrade project was awarded to KBR. The upgrade will lead to the production of Euro V grade products. See also * Oil refinery * Petroleum * List of oil refineries This is a list of oil refineries. '' Oil & Gas Journal'' publishes a worldwide list of refinerie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Oil And Gas Companies
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of The United Arab Emirates
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of The United Arab Emirates
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi National Oil Company
The Abu Dhabi National Oil Company ( ar, شركة بترول أبوظبي الوطنية) or ADNOC is the State-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. As of 2021, the company has an oil production capacity exceeding 4 million b/d with plans to increase to 5 million bpd by 2030. It is the United Arab Emirate's largest oil company. ADNOC's output has been roughly flat at about 2.5 million barrels per day during the 1990s. It stood at 2.9 mbpd in 2008. Although its financial indicators are difficult to assess as the company has been described as secretive, it has also been described as efficient and well managed. ADNOC is one of few oil companies in the world to make a substantial investment to increase oil production amid growing pressure to reduce output due to climate change, which according to the company is necessary as oil and gas continues to power the world economy and to prevent price shocks in natural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamdan Bin Rashid Al Maktoum
Sheikh Hamdan bin Rashid Al Maktoum ( ar, حمدان بن راشد أل مكتوم, '; 25 December 1945 – 24 March 2021) was an Emirati politician, the deputy ruler of Dubai and the minister of finance and industry of the United Arab Emirates (UAE). He was the second son of the late ruler Rashid bin Saeed Al Maktoum. Hamdan bin Rashid Al Maktoum was the head of the UAE's delegation at the International Monetary Fund and the OPEC Fund. Early life and education Sheikh Hamdan was born on 25 December 1945. He was the second of four sons of Sheikh Rashid bin Saeed Al Maktoum, the Sheikh who led Dubai to unification with the other 6 emirates to form the UAE. Sheikh Hamdan's formal schooling began in Dubai. He attended Al Madrasah Al-Ahlia, where he studied mathematics, English, basic sciences, Arabic and Islamic studies. He went on to complete his further studies at the Bell School of Languages in Cambridge between 1967 and 1968. In Britain, Hamdan bin Rashid Al Maktoum developed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dragon Oil
Dragon Oil plc is an independent international oil and gas exploration, development and production business. It is based and registered in Dubai and its operations are primarily located in Turkmenistan. The company was listed on the Irish Stock Exchange until it was acquired by the Emirates National Oil Company (ENOC). It is now a wholly owned upstream subsidiary of the ENOC-Group. History The company was established as Oliver Prospecting & Mining Co. Limited in Ireland by Dr. Oliver Conor Waldron in 1971. It changed its name to Dragon Oil in 1993 and invested in the Cheleken oilfield. The Emirates National Oil Company bought a majority stake in the company in 1999 and the headquarters were moved to Dubai that same year. In 1999, Dragon Oils signed a Production sharing agreement (PSA) with the Government of Turkmenistan, aiming to re-develop the Cheleken field in the Caspian Sea. The current PSA expires in 2025. Between 2002 and 2005 Dragon Oil raised capital for exploration. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas. The downstream sector reaches consumers through products such as gasoline or petrol, kerosene, jet fuel, diesel oil, heating oil, fuel oils, lubricants, waxes, asphalt, natural gas, and liquefied petroleum gas (LPG) as well as naphtha and hundreds of petrochemicals. Midstream operations are often included in the downstream category and are considered to be a part of the downstream sector. Byproduct sulfur Crude oil is a mixture of many varieties of hydrocarbons and most usually have many sulfur-containing compounds. The oil refining process commonly includes hydrodesulfurization which converts most of that sulfur into gaseous hydrogen sulfide. Raw natural gas also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midstream
The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors. Natural gas pipeline networks aggregate gas from natural gas purification plants and deliver it to downstream customers, such as local utilities. The midstream operations are often taken to include some elements of the upstream and downstream sectors. For example, the midstream sector may include natural gas processing plants that purify the raw natural gas as well as removing and producing elemental sulfur and natural gas liquids (NGL) as finished end-products. Service providers * Barge companies * Railroad companies * Trucki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), ''midstream'' and ''downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A activity, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
