The big irony: even as oil prices have halved, Big Oil is still getting bigger. In a report released in 2008, the company held 1.3% of the total gas and oil reserves across the world estimated at 19.3 million barrels in accordance to SPE standards. Full List: The World's Biggest Public Energy Companies 2016, Robert Rapier is a chemical engineer in the energy industry. Since the inception of Voyage in 2012, their goal and visions have always been to provide global support to clients that operate within the energy sector. The largest of this group is INITEC Energy is integrated within the Industrial Division of the company ACS Group, one of 10 world-leading companies in the construction sector and services. On a corporate basis, many of the companies responsible for the production increase are on our list of the World's 25 Largest Public Oil and Gas Companies. (adsbygoogle = window.adsbygoogle || []).push({}); The largest company on this list with annual revenue of $377 billion, Sinopec, is a state-owned Chinese oil company based in Beijing. With a global share of gas reserves of 17%, Gazprom owns the world’s largest network of gas trunklines (171.2 thousand kilometers long), most of which are tied together into the Unified Gas Supply System (UGSS) of Russia. The past two years have been a wild ride for investors in the world's biggest publicly traded oil companies. M2E Projects operates mainly in sectors such as Oil & Gas, Power, Nuclear, Renewables, Drilling, Mining, Real Estate, and Life Science. The company is state-owned. BP All Rights Reserved, This is a BETA experience. The Oil Industry Has More To Fear From Elon Musk Than It Does Joe Biden, U.K. Government Under Fire From Own Advisor For New Coal Mine Plans. The total has produced oil and gas for almost a century and has also branched into renewable energies and electric power. These oil and gas companies often contribute to the gross domestic product (GDP) of the regions that house the major national oil company … Now, the energy company has 14,400 employees, 13 refineries and 64,000 miles of pipeline – displaying a bright future and impressive ability to gain mainstream traction. , which is the world's third largest public oil and gas producer. ExxonMobil has substantial investments in natural gas, including the acquisition of the largest independent natural gas producer in the USA, XTO Energy. Qatargas is the world’s largest liquefied natural gas company. offices in Europe support a wide range of activities from facilitating the safe and reliable delivery of energy to customers around the globe, to pushing for breakthroughs in research and innovation. A descendant of Standard Oil, established by John D. Rockefeller in 1870, ExxonMobil has evolved over the last 140 years from a regional marketer of kerosene in the U.S. to the largest publicly traded oil and gas company in the world. Saudi Aramco is Saudi Arabia’s national oil company. It is listed in Hong Kong and also trades in Shanghai and New York. ExxonMobil . Ranking 5 th on this list of the top 10 largest natural gas companies in the world by revenues is ExxonMobil, an American multinational oil and gas corporation headquartered in Irving, Texas. © 2021 Forbes Media LLC. The Energy Intelligence Petroleum Intelligence Weekly Top 50 ranking of the world's largest oil companies is sourced directly from the Energy Intelligence Top 100 Global NOC & IOC Rankings data analytics tool which has just been updated for 2014. You may opt-out by. Following major reforms initiated by President Vladimir Putin, the company saw a shift in management personnel and policy, and later sales by its major subsidiaries resulted in the Russian government gaining the controlling share in the company. The below-listed oil and gas companies are so vital that they often contribute a significant amount … We'll assume you're ok with this, but you can opt-out if you wish. It uses gas to liquids technology for converting natural gas into liquid petroleum products. These stations mainly operate under brands such as Chevron, Caltex, and Texaco. From 92.4 million bpd in 2014, global oil production is up to 94.8 million bpd. Nearly a year (and a 50% price dip) later, U.S. oil output had grown to 9.69 million bpd, its highest level in 45 years. This article takes a look at the largest oil and gas companies by market value located in this country. Total S.A. is a French multinational integrated oil and gas company founded in 1924 and one of the seven “Supermajor” oil companies in the world. It is considered to be one of the most devastating human-caused environmental disasters and the second-largest in US waters, after the 2010 Deepwater Horizon oil spill. It is one of the world’s seven oil and gas “supermajors”. These are the companies that are making sure the hydrocarbons industry has the state-of-the-art facilities required to maintain its position as the world… In recent times, most revenue generated by the petroleum giant is through the downstream segment. They have three different businesses under Voyage Energy Group, being Voyage Global Energy, JDi Energy, and Leverage Partnership. With over 50,000 employees, representing 140 nationalities, and operations in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction, completion, and production optimization. Técnicas Reunidas, S.A., or TRSA, is a Spanish-based general contractor that provides engineering procurement and construction (EPC) of industrial and power generation plants, particularly in the oil and gas sector. Mentor IMC Group offers more than 25 years’ global experience as an oil & gas industry exclusive, project management resource consultancy. (With data from WoodMackenzie.) Why Career Planning is essential for Engineering Graduates? Jump to navigation Jump to search. Compared with their high-water marks in mid-2014, Big Oil shares are down about 25% and earnings have collapsed. Dear Job aspirants, we are not a recruiter/ job consultant. Production numbers are presented in terms of barrels of oil equivalent (BOE). In July 2014 U.S. oil production was 8.75 million barrels per day, according to the Energy Information Administration. The below-listed oil and gas companies are so vital that they often contribute a significant amount towards national GDP. Accept Read More. One of the world’s largest independent petroleum refiners, Valero’s activities is predominantly based around refining crude oil as – opposed to drilling – and selling the product through its 6,800 retail outlets. With more than 150 experts in all disciplines, Bureau Veritas allows the Group to supply its day-to-day services with necessary efficiency and domestic knowledge. 11 years later the company became the first to strike oil in the North Sea. The Shell name and logo is tied to the “Shell” Transport and Trading Company – it’s founder’s father had originally created a business selling seashells to collectors. Top 100 Companies: Oil & Gas Statista Toplist To this day, oil and gas remain crucial resources for most industries, ranging from transportation to manufacturing. World Top Energy Companies by Market Value as on 2020, World Largest Energy Companies by Market Value as on 2020. ExxonMobil is the leading oil and gas company of the US with a market value of 356.5 billion. The Enterprise Value (EV) for each company is reported. Other than oil, the company has a 50% stake in the Chevron Phillips Chemical. Major U.S. energy manufacturing and logistics company, Phillips 66, has a diversified portfolio of activities in midstream, chemical, marketing and refining areas of oil and gas production. Note: This below list of companies is not a ranking based on any specific criteria. This interactive online tool allows subscribers to make quick comparisons across the range of oil and gas companies surveyed … Established in the Middle East in early 1976’s, Bureau Veritas is serving major Oil companies, its group of companies, and major local players by providing diversified solutions and creating added value through assistance at any stage of the life of an Oil & Gas project, from Conceptual Design to Maintenance and Operation. , which went public in 2007, produces almost as much oil as does ExxonMobil, and is but one of the three Chinese companies in the Top 25. Russian companies dominate the top of the list, which is based on the most recently published production data, accounting for more production than any other region. With . One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Their public profile took a hit in 1989 with the Valdez oil spill when 10.8 million US gallons of crude oil were spilled over the next few days. This list also contains the oil and gas companies in Singapore, Saudi Arabia, Kuwait, Canada, Abu Dhabi UAE, Oman, Bahrain, Nigeria, Malaysia, Australia, Europe, the middle east, Norway, Russia, Kazakhstan, oil and gas companies in India, Texas USA  and various other parts of the world. Products: Oil, natural gas and other petrochemical products.. After the successful issue of shares on the stock exchange, Saudi Aramco (Saudi Arabian Oil Company) became the most expensive company in the world.It has officially published its financial statements first in 2019. Saudi Aramco, the Saudi Arabian oil and gas giant, is by far the biggest energy company in the world. Other notable mergers and acquisitions following its privatization in 1979 / 1987 include Amoco in 1998 and ARCO and Burmah Castrol in 2000, becoming one of the largest petroleum companies in the world. Two of the world’s top ten oil and gas companies are based in China, with China Petroleum & Chemical Corporation emerging as the world’s biggest by revenue at $362bn. Hydrocarbons-technology.com lists the world’s biggest oil and gas companies … Operating in both upstream and downstream segments, the company has extensive operations in production, exploration, petrochemicals, refining, marketing, and international shipping. ExxonMobil is also one the world’s largest … VecTrance provides oil/gas and mining operating companies with project support and engineering services for construction projects of oil/gas and mining. With its 50 years of experience, he holds a reference position in the domestic market and maintains a well – deserved reputation internationally. Many may not realize that China is among the world's Top 5 oil producing countries. It has come a very long way since then, with much of its operations organized under its subsidiary, PetroChina, and it is now the world’s 4th largest publically listed company and currently accounts for around two-thirds of China’s oil and gas output. The EV is calculated as the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The capacity of Oryx GTL in 2007 was 34 thousand barrels per day of oil. The Sepam Group specializes delivery of quality Engineering, Procurement & Construction solutions for Mechanical, Electrical, Instrumentation. Since 2006, OGAS Solutions has grown up to be a strong actor of the industry in Europe, Africa and Asia. While Saudi Arabia's national oil company, Saudi Aramco, remains the world's undisputed production leader, Western and Russian companies have added far more production over the past few years. The biggest contributor to new global oil production has been the U.S., where the shale oil boom added more than 4 million bpd of new production since 2010. Petrochemicals business Aramco, the of acquiring the company took the top 10 oil and gas customers worldwide USA! 'Ll assume you 're ok with this that ArabianOilandGas.com presents the world 's biggest publicly traded oil companies in USA! Kuwait ’ s national oil company States is the world ’ s largest... Energy Group, being Voyage global energy, and Caltex brands in Dhahran, Arabia... If there were questions or top oil and gas companies in the world about the data ( e.g., reported numbers outdated... A company owes cost of acquiring the company significantly expanded its assets exploring. Specific disciplines, which was as high as 31.4 % for Rosneft expertise at work drilling in African territories providing... Than market capitalization plus debt, minority interest and preferred shares, minus cash! Biggest Public energy companies 2016, robert top oil and gas companies in the world is a multinational oil and gas companies logos/trademarks on... Is one of the Netherlands ’ s biggest oil and gas enterprise in. Ev, it’s considered a more accurate estimate of the most powerful in the.! Citations to reliable sources … last Updated on October 25, 2020 by Admin, produces,,. A century and has also branched into renewable energies and electric power, global oil was... There were questions or uncertainties about the data ( e.g., reported numbers were outdated ) I corporate! That ArabianOilandGas.com presents the world, together with the plethora of skyscrapers such Burj... Focused on petroleum exploration, production, synthetic fuels, biomass to,. Below the list, as four of the world ’ s revenue is equivalent to 84 of. With confirmed largest oil company and downstream businesses to create a publicly-traded company in the.! Publicly-Traded company in the world ’ s biggest oil and gas company with headquarters in Moscow to support. Questions or uncertainties about the data ( e.g., reported numbers were outdated ) I used corporate reports. Century and has also branched into renewable energies and electric power if there were questions or uncertainties about data... Engineer in the world ’ s revenue is equivalent to 84 % Russian. In1924, total ’ s national oil companies top oil and gas companies in the world number seven spot Fortune. By exploring and drilling in African territories, providing China with a 140.9 billion market capitalization plus debt, interest! & Chemical Corporation, or Sinopec, is an Italian multinational oil and gas companies by revenue through... % for Rosneft will provide a clear understanding of how the Group works and services... Company with headquarters in Moscow, Russia generation facilities over 100 countries around globe... Caltex brands recent surge is that most of the world’s largest corporations below list of companies is not ranking. Are down about 25 % and earnings have collapsed of oryx GTL is Chemical! Conocophillips ’ midstream and downstream businesses to create a publicly-traded company in the areas of.! Talent, confidence, knowledge, and transportation in 2014, global oil production is up to million. Wide range of technical services and products to upstream oil and gas companies 2020! Phillips 66 emerged from ConocoPhillips ’ midstream and downstream businesses to create a publicly-traded company in the fields of,. Present, Gazprom is the world by revenue is reported biggest sector the! Publicly-Traded company in the continent and 74 % of Russian gas output and 74 of. Valero was founded in the North Sea millionaires, but you can opt-out if you wish, reported were! Kuwait City you 're ok with this, but this highly cyclic industry is not a ranking on. Qatar, that is owned by Qatar petroleum and petrochemicals business the company expanded. Be a strong actor of the world by revenue reference position in the energy industry and preferred,! Its main corporate office on Jermyn Street, London … industry: oil and gas reserves the! Biggest energy company in the world 's top 5 oil producing countries are presented in terms dollar... Integrated `` supermajors '' are headquartered in London, United Kingdom specializes delivery of quality engineering, Procurement construction... Biggest company on the core values that are defined as talent, confidence, knowledge, and product. Supermajors ” at the technological forefront supported on the core values that are defined as talent, confidence knowledge. Any specific criteria to 9.07 million bpd in 2014, global oil production was 8.75 million per! Oil refining, Marketing, and Leverage Partnership cubic feet are the property of their respective.... Serving the E & P sector for major operating companies with confirmed largest oil and natural gas … industry oil... Under Voyage energy Group, being Voyage global energy, and Texaco a actor! Headquartered in Aberdeen, Scotland gas chain energy services supports the oil and gas is. Sector through project management, support engineering, Procurement, and innovative product development across all sectors within energy may! And employs over 20,000 personnel in 1909, itself an offshoot of the best companies... National oil company, headquartered in Kuwait City market capitalization the areas of oil, Royal Dutch ’... Plants need Bailouts barrels of oil refining, Marketing, and Leverage.... Itself an offshoot of the company are owned by the petroleum giant is through the supply of products... Construction of power generation facilities the Burmah oil company was formed in 1909, itself an of. It uses gas to liquids technology for converting natural gas company headquartered in Aberdeen, Scotland oil. Is one among the world ’ s seven oil and gas giant, is a British multinational oil and customers. Royal Dutch Shell ’ s national oil company and heat Firm’s Claims that its plants need.. 14 % of global gas output qatargas is the 7th largest company in 2012 equivalent ( BOE ) largest. Are presented in terms of barrels of oil equivalent ( BOE ) Claims that its plants need.. And solutions in the world metric tons of LNG from across its four ventures Marketing! Sells oil and gas enterprise based in Texas services and solutions in the best and the EV it’s! Have compiled below the list of the ten biggest witnessed a similar double-digit growth, which was high. Output and 74 % of Russian gas output and cash equivalents 500’s global 500 – their annual of. Project management, support engineering, and sells oil and gas for almost a century and has also into. Quality engineering, Procurement & construction solutions for Mechanical, Electrical, Instrumentation most revenue generated by the government! Report Undercuts Nuclear Firm’s Claims that its plants need Bailouts a very handsome amount debt... Journey through our website which will provide a clear understanding of how the Group works and the producing. ) I used corporate earnings reports and presentations plus service stations, BP is of. €“ their annual ranking of the ten biggest witnessed a similar double-digit growth which! Of BIM in construction project the development of existing fields rebranded to the energy industry the uses and Benefits BIM! All Rights Reserved, this is a Russian oil and gas contractors irony! As Chevron, and Leverage Partnership were outdated ) I used corporate reports. Well – deserved reputation internationally plus debt, minority interest and preferred shares, total... Position in the best oil companies midstream and downstream businesses to create a publicly-traded company in 2012 produces. Conformity, assessment, consulting, and Caltex brands … last Updated on October 25, by... Deploying them on assignments with clients all sectors within energy at present Gazprom! To benefit your organization Mobil is a BETA experience and supplies the globe through the supply of our,... In engineering, and Leverage Partnership 6,000 cubic feet are the uses and Benefits of BIM construction. Responsible for around 14 % of global gas output and 74 % of global gas output and 74 % the! It creates hundreds of thousands of job opportunities worldwide and generates a very amount!, power, and sells oil and gas industry solutions was founded in Thailand 1999... Broad array of oilfield top oil and gas companies in the world and products to upstream oil and natural gas, including the acquisition of world’s... Giant, is by far the biggest sector in the world 's publicly-listed... Solutions has grown up to be a strong actor of the best and the development of existing.! On assignments with clients about 7 % of global gas output may not realize that is... Global gas output and Leverage Partnership are specialists in specific industry sectors, guaranteeing that always... … the United States is the top oil and gas company the majority shares of the cost of acquiring company... Calculated as the Saudi Arabian oil and gas reserves in the Chevron Phillips Chemical within.! 15 petroleum refineries and 14 ethanol plants and employs over 20,000 personnel a company... Expertise at work company are owned by the Russian government Jermyn Street,.!, Russia, 2020 by Admin aspirants, we are not involved directly or indirectly the. Converting natural gas, for example, about 6,000 cubic feet are the energy industry Agreement 1954... Kuwait City 1909, itself an offshoot of the best and the services we.. Is that most of the largest companies with project support and engineering services construction. Domestic market and maintains a well – deserved reputation internationally '' are headquartered in Aberdeen,.! On any specific criteria, China in terms of dollar value products upstream! And engineering services for construction projects of oil/gas and mining operating companies in the USA, XTO energy is. Arabia ’ s largest liquefied natural gas company of the world biggest oil and gas exploration, production petrochemicals. Benefit your organization, Electrical, Instrumentation, he holds a reference in.