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Companies in the Oil and Gas Industry

Posted on April 9, 2020June 16, 2020 by aquilaconsults

Types of Companies in the Upstream Sector of the Oil and Gas Industry

The companies operating in the upstream sector of the oil and gas industry in Nigeria can largely be grouped as oil and gas producing companies, also called exploration and production (E&P) companies, and oil servicing companies, which provides various services to the producing companies.

Exploration and Production  (E&P) Companies

  1. Multinational  or International Oil Companies (IOCs)
  2. National Oil Companies (NOCs)
  3. Independent and  Local Oil Companies
  4. Marginal Field E&P companies

Oil Servicing Companies

  1. Geological and Seismic Services
  2. Surveying & Positioning Services
  3. Well and Drilling Services
  4. Engineering & Project Management
  5. Fabrication & Construction
  6. Installation, Hook-up and Commissioning Services
  7. Operations and Maintenance
  8. Logistics, Procurement & Supply Chain
  9. Marine Services
  10. Information & Communications Technology (ICT)
  11. Training Services / Soft Skills
  12. HSE & Security
  13. Quality Audit / Quality Assurance
  14. Inspection, Testing and Certification
  15. Inspection, Maintenance and Repair Services
  16. Shipping Companies

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