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The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum’s role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlo...
Taking the case of the Norwegian petroleum industry as its vantage point, the book discusses the question of industrial transformations in resource-based industries. The book presents new, empirically-based analyses of the development of the petroleum industry, with an emphasis on three ongoing transformation processes: Technological upgrading and innovation in upstream petroleum. Globalisation of the petroleum industry and suppliers’ experiences of entering foreign markets. Diversification into and out of petroleum – and the potential for new growth paths after oil. Drawing together a range of key thinkers in this field, this volume addresses the ways in which the petroleum industry and its supply industry has changed since the turn of the millennium. It provides recommendations for the development of resource economies in general and petroleum economies in particular. This book will be of great interest to students and scholars of energy policy and economics, natural resource management, innovation studies and the politics of the oil and gas sector.
Petroleum is an art. To search for petroleum requires a multidisciplinary approach. The various geological, geophysical and geochemical surveys, points towards the most probable geographical locations, favorable geological structures.
Petroleum Resource Management offers a thought-provoking examination of how countries manage their offshore petroleum resources by comparing the different approaches to licensing and regulation taken by Australia, Norway and the UK.Based on extensive research into their policies, licensing systems and resource management regulations, including interviews with government regulators and companies, John Chandler explores how these countries all face similar challenges as their offshore petroleum basins mature, including smaller discoveries, marginal production and ageing infrastructure. Identifying further challenges such as climate change and the increasing accountability in relation to sustai...
Using newly-uncovered private papers, as well as public and private archives in three countries, this book tells the definitive history of the first discovery of oil in Iran - the first discovery of oil in the Middle East. Exploring the formal and informal dealings of politicians, investors, civil servants and intermediaries Leonardo Davoudi charts the development of Persian petroleum from uncertain beginnings to becoming one of Britain's largest oil companies with the British government as its principal shareholder. Assessing the relationship between economic and political forces within the British empire and the relationship of foreign economic forces and domestic political forces in Persia, the book also explores the role of intermediation, informal empire, the Anglo-Russian rivalry over Persia, British naval developments and Persian political developments.
This book presents detailed explanations of how to formulate field development plans for oil and gas discovery. The data and case studies provided here, obtained from the authors’ field experience in the oil and gas industry around the globe, offer a real-world context for the theories and procedures discussed. The book covers all aspects of field development plan processes, from reserve estimations to economic analyses. It shows readers in both the oil and gas industry and in academia how to prepare field development plans in a straightforward way, and with substantially less uncertainty.
Until as recently as the late 1970s, the main channel for oil distribution was the integrated system of the major oil companies, while the volume of spot trading was limited to roughly 5 percent of the total oil trade. Today, spot and spot-related deals account for 80 to 85 percent of internationally traded petroleum, and have ushered in a new era of petroleum trading. In this work, Hossein Razavi and Fereidun Fesharaki offer a detailed study of the workings and issues surrounding today's oil trading market as they apply to all parties involved in the production, distribution, and consumption of petroleum. They provide a complete description of petroleum spot markets, futures, and options tr...
Analyses data on the composition, structure and formation of various petroleum hydrocarbons: the alkanes, cycloalkanes and arenes. Attention is paid to biological markers, com- pounds that may have preserved the main structural features of the original biogenic molecules. Concepts of chemical classification of crude oils are reviewed with respect to the molecular mass distribution of biological markers, and the genesis and chemical evolution of petroleum hydrocarbons are discussed.