Oil industry in kurdistan

Presented By: Arez Luqman Chya Fouad

Oil industry in Kurdistan

Oil (Black Gold)• Petroleum or crude oil is an oily, flammable liquid that

occurs naturally in deposits.

• Over millions of years, plant and animal remains fall to the floor of shallow seas.

• Early man with crude Oil.

Important of oil

• Energy• Industry• a source of economic wealth Actions• oil as a political weapon

Oil Industry • The oil industry began over five thousand years ago.• In the Middle East, oil seeping up through the ground

was used in, paints, lighting and even for medication.• The first oil well structures to be built in open waters

were in the Gulf of Mexico.• There have been land oil wells in Europe since the

1920s.• It wasn't until the 1960s that exploration in the North

Sea really begun, without success in the early years.

Top proven oil reserves for 2013

Country Proven oil reserves (billion barrels)

1. VENEZUELA 297.6

2. SAUDI ARABIA 267.91

3. CANADA 173.105

4. IRAN 154.58

5. IRAQ 141.35

6. KUWAIT 104

www.cia.gov & http://gulfbusiness.com

Kurdistan• Oil and gas reserves are undoubtedly the most important

assets for Iraq's Kurdistan.• Kurdistan accounts for 43.7 billion barrels of proven oil

reserves, and that is after 2008.

The properties of the fields in Kurdistan

• Oil and gas related structures convex.• Multiple oil reservoirs in a single field.• Reservoir near the Earth's surface.• The diversity of the nature of oil.• Cheaper cost compared to the explor-ation and

production.• Certainly reserves, 25.5 billion.

Why the oil companies choose Kurdistan???

• The offers that Government Kurdistan region offered to them.

• Climate of Kurdistan.

• The structure of Kurdistan .

• The Oil quality.

• Easy drilling.

Top Oil Companies in Kurdistan by Country

USA Exxon Mobil Chevron

Canada Talisman Energy NIKO Resources

Turkey Genel Energy Petoil

Russia Gazprom Norbest

Norway DNO -----------

Britain Gulf Keystone Petroleum AFREN

UAE Dana Petroleum TAQA

Local Companies Kar Group UB Holding

Exon MobileExxonMobil, is an American multinational Oil and Gas corporationheadquartered in Texas. and was formed on November 30, 1999, by the merger. of Exxon and Mobil. The company was ranked No. 5 globally in Forbes Global 2000 list in 2013. ExxonMobil has a proven record of job creation as well as educating and training our national staff, contractors and suppliers.

Example for Exon mobile Activity in Kurdistan: Erbil Block : the area of this block is about 313 km square.it expect that the oil in this Block arrive to 1 billion barrel

D N O DNO International is an entrepreneurial independent E&P company, geographically focused on the Middle East, the Kurdistan region of Iraq. The group is headquartered in Oslo. DNO explores for oil and natural gas.

Dana Gas is an independent gas company headquartered in Sharjah, United Arab Emirates .Dana Gas has been active in the Kurdistan Region of Iraq since April 2007, when it entered into certain agreements with the Kurdistan Regional Government (KRG) of Iraq for the development of its substantial gas resources.

Talismanis a global oil and gas exploration and production company. It is one of Canada's largest independent oil and gas company was founded in 1992.Talisman has an interest in two blocks, Kurdamir and Topkhana.

Kar Group KAR is a privately owned company, established in 1999 with its main headquarters in Erbil. KAR Company executed many projects in the field of Oil including Khurmala Oil Field, Erbil refinery. For all projects, the total number of KAR employees reaches 34000.

Impact of oil Companies

• Economy• Socially• Jobs• Environmentally

Economy

• oil effect on the income of country and this money will be invested on the for other sectors such as developing the education system, industry, and agriculture .etc. this statistic shows that Iraq mostly depend on Petrol production for its income.

Socially• petrol production has great impact socially at the

place that these companies colonize. For example they have to build schools, hospitals, nursery and many other infrastructures that lead to grow these places rapidly.

Jobs

• This large amount of companies offer a great work chances for people that have different certifications (engineers, workers, guarders, accountant and etc…)

Environmentally

• the remnants of refining oil have some productions that cause a serious negative impact on nature, the local and global atmosphere, for instance causing bad disease for human beings such as Cancer,………etc..Also for animals. These bad materials might accumulate and cause serious diseases that the government will not be easy to cover it

What underground fad, found to please from above.

conclusion