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Greater Nile Petroleum Operating Company
The Greater Nile Petroleum Operating Company (GNPOC) is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan. The GNPOC concession in the Western Upper Nile area includes the large Unity and Heglig oil fields plus smaller fields at El Toor, El Noor, Toma South, Bamboo, Munga and Diffra. Stakeholders GNPOC is a joint operating company owned by: * China National Petroleum Corporation: 40% * Petronas Carigali Overseas of Malaysia: 30% * ONGC Videsh (the overseas arm of ONGC) of India: 25% * Sudapet (Sudan National Petroleum Corporation, the national oil company of Sudan): 5% Both Gulf Petroleum and Al Thani Corporation formerly owned a 5% share each. Canadian company Talisman Energy (previously known as Arakis) was an original stakeholder. Its share was sold to ONGC Videsh in 2003. The U.S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ONGC Videsh
The Oil and Natural Gas Corporation (ONGC) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the Government of India. It is the largest government-owned-oil and gas explorer and producer in the country, and produces around 70% of India's crude oil (equivalent to around 57% of the country's total demand) and around 84% of its natural gas. In November 2010, the Government of India conferred the '' Maharatna'' status to ONGC. In a survey by the Government of India for fiscal year 2019–20, it was ranked as the largest profit making Central Public Sector Undertaking (PSU) in India. It is ranked 25th among the Top 250 Global Energy Companies by Platts. ONGC is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country. Its internation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Established In 1997
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Khartoum
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Sudan
An oil is any polarity (chemistry), nonpolar chemical substance that is composed primarily of Hydrocarbon, hydrocarbons and is hydrophobe, hydrophobic (does not mix with water) & lipophilicity, lipophilic (mixes with other oils). Oils are usually flammable and surfactant, 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 fats, animal, vegetable oil, vegetable, or petrochemical in origin, and may be Volatility (chemistry), 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 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GNPOC Headquarters
The Greater Nile Petroleum Operating Company (GNPOC) is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan. The GNPOC concession in the Western Upper Nile area includes the large Unity and Heglig oil fields plus smaller fields at El Toor, El Noor, Toma South, Bamboo, Munga and Diffra. Stakeholders GNPOC is a joint operating company owned by: * China National Petroleum Corporation: 40% * Petronas Carigali Overseas of Malaysia: 30% * ONGC Videsh (the overseas arm of ONGC) of India: 25% * Sudapet (Sudan National Petroleum Corporation, the national oil company of Sudan): 5% Both Gulf Petroleum and Al Thani Corporation formerly owned a 5% share each. Canadian company Talisman Energy (previously known as Arakis) was an original stakeholder. Its share was sold to ONGC Videsh in 2003. The U.S. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Sudan
The economy of Sudan has boomed on the back of increases in oil production, high oil prices, and large inflows of foreign direct investment until the second half of 2002. GDP growth registered more than 10% per year in 2006 and 2007. From 1997 to date, Sudan has $30.873 billion by gross domestic product as of 2019, and has been working with the International Monetary Fund (IMF) to implement macroeconomic reforms, including a managed float of the exchange rate. Sudan began exporting crude oil in the last quarter of 1999. Agricultural production remains important, because it employs 80% of the work force and contributes a third of the GDP. The War in Darfur, the aftermath of two decades of war in the Second Sudanese Civil War (1983-2005) in the south, the lack of basic infrastructure in large areas, and a reliance by much of the population on subsistence agriculture ensure much of the population will remain at or below the poverty line for years. The problem remains, despite rapid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sudanese Revolution
The Sudanese Revolution was a major shift of political power in Sudan that started with street protests throughout Sudan on 19 December 2018 and continued with sustained civil disobedience for about eight months, during which the 2019 Sudanese coup d'état deposed President Omar al-Bashir on 11 April after thirty years in power, 3 June Khartoum massacre took place under the leadership of the Transitional Military Council (TMC) that replaced al-Bashir, and in July and August 2019 the TMC and the Forces of Freedom and Change alliance (FFC) signed a Political Agreement and a Draft Constitutional Declaration legally defining a planned 39-month phase of transitional state institutions and procedures to return Sudan to a civilian democracy. In August and September 2019, the TMC formally transferred executive power to a mixed military–civilian collective head of state, the Sovereignty Council of Sudan, and to a civilian prime minister, Abdalla Hamdok and a mostly civilian cabin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talisman Energy
Talisman Energy Inc. was a Canadian independent petroleum company that existed between 1993 and 2015. The company was created from the assets of BP Canada after British Petroleum divested its 57 percent stake in June 1992. It was one of Canada's largest independent oil and gas companies, and operated globally, with operations in Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York, Texas ) in North America; Colombia, South America; Algeria in North Africa; United Kingdom and Norway in Europe; Indonesia, Malaysia, Vietnam, Papua New Guinea, East Timor and Australia in the Far East; and Kurdistan in the Middle East. Talisman Energy has also built the offshore Beatrice Wind Farm in the North Sea off the coast of Scotland. The company was acquired by Repsol in 2015 and in January 2016 was renamed to Repsol Oil & Gas Canada Inc. The company initially grew quickly through a number of mergers and acquisitions, which reflects i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Thani Corporation
AL, Al, Ål or al may stand for: Arts and entertainment Fictional characters * Al (''Aladdin'') or Aladdin, the main character in Disney's ''Aladdin'' media * Al (''EastEnders''), a minor character in the British soap opera * Al (''Fullmetal Alchemist'') or Alphonse Elric, a character in the manga/anime * Al Borland, a character in the ''Home Improvement'' universe * Al Bundy, a character in the television series ''Married... with Children'' * Al Calavicci, a character in the television series ''Quantum Leap'' * Al McWhiggin, a supporting villain of ''Toy Story 2'' * Al, or Aldebaran, a character in ''Re:Zero − Starting Life in Another World'' media Music * '' A L'', an EP by French singer Amanda Lear * ''American Life'', an album by Madonna Calendar * Anno Lucis, a dating system used in Freemasonry Mythology and religion * Al (folklore), a spirit in Persian and Armenian mythology * Al Basty, a tormenting female night demon in Turkish folklore * ''Liber AL'', the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf Petroleum
A gulf is a large inlet from the ocean into the landmass, typically with a narrower opening than a bay, but that is not observable in all geographic areas so named. The term gulf was traditionally used for large highly-indented navigable bodies of salt water that are enclosed by the coastline. Many gulfs are major shipping areas, such as the Persian Gulf, Gulf of Mexico, Gulf of Finland, and Gulf of Aden The Gulf of Aden ( ar, خليج عدن, so, Gacanka Cadmeed 𐒅𐒖𐒐𐒕𐒌 𐒋𐒖𐒆𐒗𐒒) is a deepwater gulf of the Indian Ocean between Yemen to the north, the Arabian Sea to the east, Djibouti to the west, and the Guardafui Channe .... See also * References External links * {{Authority control Bodies of water Coastal and oceanic landforms Coastal geography Oceanographical terminology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
