top-news-1350×250-leaderboard-1

BW Energy FIDs Bourdon Development in Gabon and Infill Wells in Brazil, Targeting 68 Million BOE – News and Statistics

Gabon
BW Energy FIDs Bourdon Development in Gabon and Infill Wells in Brazil, Targeting 68 Million BOE – News and Statistics

May 21, 2026

BW Energy has given the green light to offshore development initiatives in Gabon and Brazil that are projected to lift the firm’s output beyond 100,000 barrels of oil per day by 2028. The company made a final investment decision for the Bourdon project on the Dussafu license offshore Gabon, as well as a series of new infill wells linked to the Golfinho field offshore Brazil. The combined 2P reserves for these two ventures are estimated at roughly 68 million barrels of oil equivalent.

At Bourdon, BW Energy intends to develop about 25 million barrels of oil equivalent of gross 2P reserves using a phased, infrastructure-driven strategy centered on repurposing the former Jasmine Alpha rig into a wellhead platform featuring a 12-slot wellbay. Initial output is anticipated from three wells, with first oil slated for the first quarter of 2028. The company noted that additional oil-in-place potential nearby could enable subsequent development stages. BW Energy estimates net capital expenditure for Bourdon Phase 1 at around $300 million. Partners in the Dussafu license include Panoro Energy and Gabon Oil Company.

Offshore Brazil, BW Energy has sanctioned four new wells tied back to the Golfinho FPSO, comprising three wells within the Golfinho license and one in the Camarupim license. The company indicated that this development is expected to triple production from the Golfinho area to roughly 30,000 barrels of oil equivalent per day starting in 2029. BW Energy estimates 50 million barrels of oil equivalent in 2P reserves for the Brazil project, which will utilize existing production infrastructure and gas export capacity connected to the Golfinho FPSO.

The company said these combined developments support its strategy of pursuing infrastructure-led offshore growth while reducing capital exposure and speeding up returns.

Interactive table based on the Store Companies dataset for this report.


# Company Headquarters Focus Scale Note
1 Saudi Aramco Dhahran, Saudi Arabia Integrated state oil company Global giant World’s largest oil producer
2 China National Petroleum Corp (CNPC) Beijing, China Integrated state oil & gas National champion Major state-owned producer
3 Rosneft Moscow, Russia Integrated state oil company National champion Leading Russian producer
4 Iraq Ministry of Oil Baghdad, Iraq State oil production National Oversees Iraq’s major fields
5 ExxonMobil Spring, Texas, USA Integrated international oil Supermajor Largest Western oil major
6 Kuwait Petroleum Corp Kuwait City, Kuwait State oil company National Manages Kuwait’s reserves
7 Abu Dhabi National Oil Co (ADNOC) Abu Dhabi, UAE State oil & gas company National Major UAE producer
8 Chevron San Ramon, California, USA Integrated international oil Supermajor Major US-based producer
9 Petroleos Mexicanos (Pemex) Mexico City, Mexico State oil company National Mexico’s state-owned producer
10 National Iranian Oil Co (NIOC) Tehran, Iran State oil company National Manages Iran’s oil fields
11 Shell London, UK Integrated international oil Supermajor Major global producer
12 QatarEnergy Doha, Qatar State oil & gas company National Major LNG and oil producer
13 BP London, UK Integrated international oil Supermajor Major global producer
14 Sonatrach Algiers, Algeria State oil & gas company National Leading African producer
15 Petrobras Rio de Janeiro, Brazil State-controlled oil company National champion Deepwater specialist
16 TotalEnergies Paris, France Integrated international oil Supermajor Major global producer
17 ConocoPhillips Houston, Texas, USA Independent E&P Large independent Major US shale producer
18 Libya NOC Tripoli, Libya State oil company National Manages Libya’s oil fields
19 Petronas Kuala Lumpur, Malaysia State oil & gas company National champion Leading Southeast Asian producer
20 Lukoil Moscow, Russia Integrated private oil company Large independent Major Russian producer
21 Occidental Petroleum Houston, Texas, USA Independent E&P Large independent Major Permian Basin producer
22 Equinor Stavanger, Norway State-controlled energy National champion Major North Sea producer
23 Gazprom Neft St. Petersburg, Russia Oil subsidiary of Gazprom Large independent Major Russian producer
24 Surgutneftegas Surgut, Russia Integrated oil company Large independent Major Russian producer
25 Eni Rome, Italy Integrated international oil Major Major global producer
26 Hess Corporation New York, New York, USA Independent E&P Mid-sized independent Guyana & Bakken producer
27 Devon Energy Oklahoma City, Oklahoma, USA Independent E&P Large independent Major US shale producer
28 EOG Resources Houston, Texas, USA Independent E&P Large independent Major US shale producer
29 Saudi Arabian Chevron Dhahran, Saudi Arabia Joint venture oil production Large Operates in Partitioned Zone
30 KazMunayGas Nur-Sultan, Kazakhstan State oil & gas company National Leading Kazakh producer

This report provides a comprehensive view of the global crude oil industry, tracking demand, supply, and trade flows across the worldwide value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.

Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between exporters and importers worldwide. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the global crude oil landscape.

Quick navigation

Key findings

  • Global demand is shaped by both household and industrial usage, with trade flows linking cost-competitive producers to import-reliant markets.
  • Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
  • Supply depends on input availability and production efficiency, creating distinct cost curves across regions.
  • Market concentration varies by country, creating different competitive landscapes and entry barriers.
  • The 2035 outlook highlights where capacity investment and demand growth are most aligned globally.

Report scope

The report combines market sizing with trade intelligence and price analytics. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts across countries and regions.

  • Market size and growth in value and volume terms
  • Consumption structure by end-use segments and regions
  • Production capacity, output, and cost dynamics
  • Global trade flows, exporters, importers, and balances
  • Price benchmarks, unit values, and margin signals
  • Competitive context and market entry conditions

Product coverage

Country coverage

Country profiles and benchmarks

For the global report, country profiles provide a consistent view of market size, trade balance, prices, and per-capita indicators. The profiles highlight the largest consuming and producing markets and allow direct benchmarking across peers.

Methodology

The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.

  • International trade data (exports, imports, and mirror statistics)
  • National production and consumption statistics
  • Company-level information from financial filings and public releases
  • Price series and unit value benchmarks
  • Analyst review, outlier checks, and time-series validation

All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.

Forecasts to 2035

The forecast horizon extends to 2035 and is based on a structured model that links crude oil demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts.

  • Historical baseline: 2012-2025
  • Forecast horizon: 2026-2035
  • Scenario-based sensitivity to income growth, substitution, and regulation
  • Capacity and investment outlook for major producing countries

Each country projection is built from its own historical pattern and the regional context, allowing the report to show where growth is concentrated and where risks are elevated.

Price analysis and trade dynamics

Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.

  • Price benchmarks by country and sub-region
  • Export and import unit value trends
  • Seasonality and calendar effects in trade flows
  • Price outlook to 2035 under baseline assumptions

Profiles of market participants

Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.

  • Business focus and production capabilities
  • Geographic reach and distribution networks
  • Cost structure and pricing strategy indicators
  • Compliance, certification, and sustainability context

How to use this report

  • Quantify global demand and identify the most attractive markets
  • Evaluate export opportunities and prioritize target countries
  • Track price dynamics and protect margins
  • Benchmark performance against major competitors
  • Build evidence-based forecasts for investment decisions

This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of global crude oil dynamics.

FAQ

What is included in the global crude oil market?

The market size aggregates consumption and trade data at country and regional levels, presented in both value and volume terms.

How are the forecasts to 2035 built?

The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.

Does the report cover prices and margins?

Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.

Which countries are profiled in detail?

The report provides profiles for the largest consuming and producing countries, enabling benchmarking across peers.

Can this report support market entry decisions?

Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.

  1. 1. INTRODUCTION

    Report Scope and Analytical Framing

    1. Report Description
    2. Research Methodology and the Analytical Framework
    3. Data-Driven Decisions for Your Business
    4. Glossary and Product-Specific Terms

  2. 2. EXECUTIVE SUMMARY

    Concise View of Market Direction

    1. Key Findings
    2. Market Trends
    3. Strategic Implications
    4. Key Risks and Watchpoints

  3. 3. MARKET SIZE AND DEVELOPMENT PATH

    Market Size, Growth and Scenario Framing

    1. Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
    2. Growth Outlook and Market Development Path to 2035
    3. Growth Driver Decomposition
    4. Scenario Framework and Sensitivities

  4. 4. CATEGORY SCOPE, DEFINITIONS AND BOUNDARIES

    Commercial and Technical Scope

    1. What Is Included and How the Market Is Defined
    2. Market Inclusion Criteria
    3. Product / Category Definition
    4. Exclusions and Boundaries
    5. Distinction From Adjacent Products and Substitute Categories

  5. 5. CATEGORY STRUCTURE, SEGMENTATION AND PRODUCT MATRIX

    How the Market Splits Into Decision-Relevant Buckets

    1. By Product Type / Configuration
    2. By Application / End Use
    3. By Customer / Buyer Type
    4. By Channel / Business Model / Technology Platform
    5. Segment Attractiveness Matrix
    6. Product Matrix and Segment Growth Logic

  6. 6. DEMAND, CUSTOMER AND CONSUMER ARCHITECTURE

    Where Demand Comes From and How It Behaves

    1. Consumption / Demand by Country or Region: Historical Data (2012-2025) and Forecast (2026-2035)
    2. Demand by End-Use and Buyer Group
    3. Demand by Customer / Consumer Segment
    4. Purchase Criteria, Switching Logic and Adoption Barriers
    5. Replacement, Replenishment and Installed-Base Dynamics
    6. Future Demand Outlook

  7. 7. PRODUCTION, SUPPLY AND VALUE CHAIN

    Supply Footprint, Trade and Value Capture

    1. Production by Country
    2. Manufacturing Footprint and Supply Hubs
    3. Capacity, Bottlenecks and Supply Risks
    4. Value Chain Logic and Margin Pools
    5. Route-to-Market and Distribution Structure

  8. 8. TRADE, SOURCING AND IMPORT DEPENDENCE

    Trade Flows and External Dependence

    1. Exports by Country
    2. Imports by Country
    3. Trade Balance and Sourcing Structure
    4. Import Dependence and Supply Resilience
    5. Strategic Trade Corridors

  9. 9. PRICING, PROMOTION AND COMMERCIAL MODEL

    Price Formation and Revenue Logic

    1. Price Levels and Price Corridors
    2. Pricing by Segment / Specification / Geography
    3. Cost Drivers and Margin Logic
    4. Promotion, Discounting and Procurement Patterns
    5. Revenue Quality and Commercial Levers

  10. 10. COMPETITIVE LANDSCAPE AND PORTFOLIO POWER

    Who Wins and Why

    1. Market Structure and Concentration
    2. Competitive Archetypes
    3. Segment-by-Segment Competitive Intensity
    4. Portfolio Breadth and Product Positioning
    5. Capability Matrix
    6. Strategic Moves, Partnerships and Expansion Signals

  11. 11. GEOGRAPHIC LANDSCAPE AND COUNTRY ROLES

    Where Growth and Supply Concentrate

    1. Core Demand Markets
    2. Core Production Markets
    3. Export Hubs
    4. Import-Reliant Markets
    5. Fastest-Growing Markets
    6. Country Archetypes and Strategic Roles

  12. 12. GROWTH PLAYBOOK AND MARKET ENTRY

    Commercial Entry and Scaling Priorities

    1. Where to Play
    2. How to Win
    3. Build vs Buy vs Partner
    4. Route-to-Market Choices
    5. Localization and Capability Thresholds
    6. Entry Risks and Mitigation

  13. 13. WHERE TO PLAY NEXT: MOST ATTRACTIVE GROWTH OPPORTUNITIES

    Where the Best Expansion Logic Sits

    1. Most Attractive Product Niches
    2. Most Attractive Customer Segments
    3. Most Attractive Markets for Commercial Expansion
    4. White Spaces and Unsaturated Opportunities
    5. High-Margin and Underpenetrated Pockets
    6. Most Promising Product Adjacencies

  14. 14. PROFILES OF MAJOR COMPANIES

    Leading Players and Strategic Archetypes

    1. Leading Manufacturers and Suppliers
    2. Regional Specialists and Challengers
    3. Production Footprint and Manufacturing Capacities
    4. Product Portfolio and Segment Focus
    5. Pricing Positioning and Indicative Price Logic
    6. Channel / Distribution Strength
    7. Strategic Archetypes

  15. 15. COUNTRY PROFILES

    Detailed View of the Most Important National Markets

    View detailed country profiles50 countries

    1. 15.1

      United States

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    2. 15.2

      China

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    3. 15.3

      Japan

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    4. 15.4

      Germany

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    5. 15.5

      United Kingdom

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    6. 15.6

      France

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    7. 15.7

      Brazil

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    8. 15.8

      Italy

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    9. 15.9

      Russian Federation

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    10. 15.10

      India

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    11. 15.11

      Canada

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    12. 15.12

      Australia

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    13. 15.13

      Republic of Korea

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    14. 15.14

      Spain

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    15. 15.15

      Mexico

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    16. 15.16

      Indonesia

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    17. 15.17

      Netherlands

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    18. 15.18

      Turkey

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    19. 15.19

      Saudi Arabia

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    20. 15.20

      Switzerland

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    21. 15.21

      Sweden

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    22. 15.22

      Nigeria

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    23. 15.23

      Poland

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    24. 15.24

      Belgium

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    25. 15.25

      Argentina

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    26. 15.26

      Norway

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    27. 15.27

      Austria

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    28. 15.28

      Thailand

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    29. 15.29

      United Arab Emirates

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    30. 15.30

      Colombia

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    31. 15.31

      Denmark

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    32. 15.32

      South Africa

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    33. 15.33

      Malaysia

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    34. 15.34

      Israel

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    35. 15.35

      Singapore

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    36. 15.36

      Egypt

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    37. 15.37

      Philippines

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    38. 15.38

      Finland

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    39. 15.39

      Chile

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    40. 15.40

      Ireland

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    41. 15.41

      Pakistan

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    42. 15.42

      Greece

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    43. 15.43

      Portugal

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    44. 15.44

      Kazakhstan

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    45. 15.45

      Algeria

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    46. 15.46

      Czech Republic

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    47. 15.47

      Qatar

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    48. 15.48

      Peru

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    49. 15.49

      Romania

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

    50. 15.50

      Vietnam

      • Market Size
      • Demand Drivers
      • Country Role in the Market
      • Supply Capability / Production Potential / External Dependence
      • Competitive Presence
      • Strategic Outlook

  16. 16. METHODOLOGY, SOURCES AND DISCLAIMER

    How the Report Was Built

    1. Modeling Logic
    2. Source Register
    3. Publications, Regulatory and Industry References
    4. Analytical Notes
    5. Disclaimer

Loading News content from Store report…

Saudi Aramco

World’s largest oil producer

China National Petroleum Corp (CNPC)

Major state-owned producer

Rosneft

Leading Russian producer

Iraq Ministry of Oil

Oversees Iraq’s major fields

ExxonMobil

Largest Western oil major

Kuwait Petroleum Corp

Manages Kuwait’s reserves

Abu Dhabi National Oil Co (ADNOC)

Major UAE producer

Chevron

Major US-based producer

Petroleos Mexicanos (Pemex)

Mexico’s state-owned producer

National Iranian Oil Co (NIOC)

Manages Iran’s oil fields

Shell

Major global producer

QatarEnergy

Major LNG and oil producer

BP

Major global producer

Sonatrach

Leading African producer

Petrobras

Deepwater specialist

TotalEnergies

Major global producer

ConocoPhillips

Major US shale producer

Libya NOC

Manages Libya’s oil fields

Petronas

Leading Southeast Asian producer

Lukoil

Major Russian producer

Occidental Petroleum

Major Permian Basin producer

Equinor

Major North Sea producer

Gazprom Neft

Major Russian producer

Surgutneftegas

Major Russian producer

Eni

Major global producer

Hess Corporation

Guyana & Bakken producer

Devon Energy

Major US shale producer

EOG Resources

Major US shale producer

Saudi Arabian Chevron

Operates in Partitioned Zone

KazMunayGas

Leading Kazakh producer

Loading Reviews content from Store report…

Loading Dashboard content from Store report…

Loading Macro Indicators content from Store report…

Credit: Source link

You might also like More from author
Leave A Reply

Your email address will not be published.