oil & gas industry Intro overview seabird.pdf

oil & gas industry

1. WELCOME

2. OIL & GAS INDUSTRY AN
OVERVIEW

3. Global Process
The petroleum industry includes the global processes of
•Exploration
•Extraction
•Refining
•Transporting (often by oil tankers and pipelines)
•Marketing petroleum products.
Continued...

4. 1. Hydrocarbon Exploration
•Hydrocarbon exploration(oroil and gas exploration) is the
search bypetroleum geologists and geophysicists for
hydrocarbondeposits beneath theEarth's surface, such
asoilandnatural gas.
•Oilandgasexplorationaregroupedunderthescienceof
petroleumgeology.
Continued...

5. General
•The production, distribution, refining, and retailing of
petroleum taken as a whole represents the world's largest
industry in terms of dollar value.
Continued...

6. Natural History
Petroleumisanaturallyoccurringliquidfoundinrock
formations.
Complexmixtureofhydrocarbonsofvariousmolecular
weights,plusotherorganiccompounds.
Itisgenerallyacceptedthatoilisformedmostlyfromthe
carbonrichremainsofancientplanktonafterexposureto
heatandpressureintheEarth'scrustoverhundredsof
millionsofyears.
Overtime,thedecayedresiduewascoveredbylayersofmud
andsilt,sinkingfurtherdownintotheEarth’scrustand
preservedtherebetweenhotandpressuredlayers,gradually
transformingintooilreservoirs.

7. 2. Extraction of Petroleum
Theextractionofpetroleumistheprocessbywhichusable
petroleumisextractedandremovedfromtheearth.
Thereare3Steps:
•Locatingtheoilfield
•Drilling
•Oilextractionandrecovery
Continued...

8. Drilling
oThewelliscreatedbydrillingahole5to50inches
(127.0mmto914.4mm)indiameterintotheearth
withadrillingrigthatrotatesadrillstringwithabit
attached.
oAftertheholeisdrilled,sectionsofsteelpipe(casing),
slightlysmallerindiameterthantheborehole,are
placedinthehole.
oCementmaybeplacedbetweentheoutsideofthe
casingandtheborehole.
Continued...

9. Life of Oil Well
Thecreationandlifeofawellcanbedividedupintofive
segments:
oPlanning
oDrilling
oCompletion-Completionistheprocessinwhichthewell
isenabledtoproduceoilorgas.
oProduction
oAbandonment-Awellissaidtoreachan"economic
limit"whenitsmostefficientproductionratedoesnot
covertheoperatingexpenses,includingtaxes
Continued...

11. Industry Structure
TheAmericanPetroleumInstitutedividesthepetroleum
industryintofivesectors:
oUpstream(exploration,developmentandproductionof
crudeoilornaturalgas)
oDownstream(oiltankers,refiners,retailersand
consumers)
oPipeline
oMarine
oServiceandsupply
Continued...

12. Composition by Weight
Element Percent range
Carbon 83 to 87%
Hydrogen 10 to 14%
Nitrogen 0.1 to 2%
Oxygen 0.05 to 1.5%
Sulfur 0.05 to 6.0%
Metals < 0.1%
Crude Oil Composition

13. World Oil Reserves
Continued...

14. Top 10 largest world oil companies by reserves and production
Rank Company
Worldwide
Liquids
Reserves
(10
9
bbl)
Worldwide Natural Gas Reserves (10
12
ft
3
)
Total Reserves in
Oil
Equivalent
Barrels
(10
9
bbl)
Production
1 SAUDI ARAMCO 260 254 303
2 NATIONAL IRANIAN OIL COMPANY 138 948 300
3 QATAR PETROLEUM 15 905 170
4 IRAQ NATIONAL OIL COMPANY 116 120 134
5 PETRÓLEOS DE VENEZUELA 99 171 129
6
ABU DHABI NATIONAL OIL
COMPANY
92 199 126
7
KUWAIT PETROLEUM
CORPORATION
102 56 111
8
NIGERIAN NATIONAL PETROLEUM
CORPORATION
36 184 68
9 LIBYA NOC 41 50 50
10 SONATRACH 12 159 39
World Oil Reserves
Continued...

15. World Oil Reserves

16. Oil Refinery -SFD
System Flow Diagram
Continued...

17. Crude Oil Distillation Unit
Continued...

18. Crude Oil Distillation

19. Petroleum Products

20. World's Largest Refineries
Name of Refinery Location Barrels per Day
Jamnagar Refinery(Reliance Industries Limited)Jamnagar,Gujarat,India 1,240,000
ParaguanaRefinery Complex(PDVSA)
Paraguana,
Falcon,Venezuela
940,000
SK Energy Co., Ltd. Ulsan Refinery (SK Energy) Ulsan,South Korea 850,000
GS Caltex Yeosu Refinery (GS Caltex) Yeosu, South Korea 730,000
ExxonMobil Singapore 605,000
Port Arthur Refinery(Motiva Enterprises) Port Arthur, Texas,USA 600,000
Baytown Refinery(ExxonMobil) Baytown, TX, USA 572,500
RasTanuraRefinery (Saudi Aramco) Saudi Arabia 550,000
S-Oil Ulsan Refinery (S-Oil) Ulsan, South Korea 503,000
Baton Rouge Refinery(Exxon Mobil) Baton Rouge, LA, USA 502,500
Marathon Petroleum Refinery (Marathon Petroleum) Garyville, LA 490,000

21. Oil Consumption/ Day

22. Market Growth of Oil & Gas sector
The global oil & gas market grew by 30.4%
in 2010 to reach a value of $2,642.5 billion.
In 2015, the global oil & gas market is
forecast to have a value of $3,699.4 billion,
an increase of 40% since 2010

23. Market Value of few Oil & Gas Majors
1. Exxon Mobil Corporation -$264 billion
2. British Petroleum, plc. -$174.6 billion
3. Royal Dutch/Shell Group -$158.8 billion
4. TOTAL SA -$115.3 billion
5. ChevronTexaco Corp. -$90.5 billion
6. ENI SpA-$76.9 billion
7. OAO Gazprom-$50.6 billion
8. ConocoPhillips -$45.1 billion
9. Schlumberger Ltd. -$35.9 billion
10. PetroleoBrasileiro-$32.9 billion

24. Project Forecast in Oil & Gas sector
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30. Project Forecast
In the coming five years, Saudi Aramco(world’s
no 01 oil producing company) plans for a total
capital budget of almost $125 billion, including
domestic and international joint and equity
venture projects, of which over $40 billion will
be materials.
Saudi Aramcoplans 144 projects, including
eight "giant" projects, it said without giving a
timetable.
Continued...
SAUDI ARAMCO to spend $125
billion in the coming five years

31. Project Forecast
GCC to award over $50bn in oil
and gas contracts in 2013
a major increase in the value of contracts
awarded in the GCC's oil, gas and petrochemical
projects market in 2013, according to a new report
by MEED Insight.
The report predicts that theGCCwillaward a little
over $50bn worth of contracts in the market in
2013, almost double the $27bn expected to be
awarded this year.
Continued...

32. Project Forecast
GCC to award over $50bn in oil
and gas contracts in 2013
The pick-up in activity will be good news to
contractors which have suffered from a slowdown in
activity since the market saw a record $52bn worth
of contracts awarded in 2009.
Since then, contract award levels have dropped as
national oil companies evaluated their project plans;
in 2010, some $40bn worth of contracts were
awarded, while this slipped to just $25bn in 2011,
the report noted.
Continued...

33. Project Forecast
Gazprom’s(Russian Oil & Gas Major)
annual CAPEX over 2011 to 2030
would be RUB 700 900 bn($23 to
30bn)
Continued...

34. What are the Job Prospects for Mechanical
Engineers?

35. Talent shortage
Our analysis says that there is
shortage of Professionals in this Oil &
Gas Sector>>>>>>>>>>>>>>>>??????
Continued...

36. Talent shortage
Do all of you accept that fact?
Continued...

37. Talent shortage Reports
Oil and gas sector faces talent
shortage –A study by Deloitte
Surveyed oil and gas executives ranked managing
human capital and expanding into new markets as
top strategic concerns, according to a new report
by Deloitte.
Executives also found that a looming talent
shortage exists in many fields; notably operations
(81%), IT (61%), risk and regulatory (62%) and
research and development (60%).
Continued...

38. Talent shortage Reports
Oil and gas sector faces talent
shortage –A study by Deloitte
A higher percentage of oil and gas leaders expect a
severe talent shortage over the next year in almost
every category.
The most critical area is operations, with 81% of
respondents foreseeing a moderate to severe
shortage, compared with 45% in other sectors.
Continued...

39. Talent shortage Reports
Oil and gas sector faces talent shortage
–A study by Deloitte
Staffing remains a key issue, which is heightened in
the oil and gas sector because of the ageing expert
population. The petroleum engineers are all getting
older but not replaced, so as they retire their
knowledge is lost.
The fact of the matter is the industry has too few
people.
Retention concerns rank high, despite investment
Continued...

40. Talent shortage Reports
A study by ICRA Management
Consulting Services
Continued...
There are millions of educated youths who posses'
academic qualification but are unemployable because
they lack specialised training and soft skills. The skill gap
is a major challenge for an economy that wants to grow
at 8-10% a year for a long time to come.
A study by ICRA Management Consulting Services
projects an incremental demand of 240 million workers
in 21 critical sectors in 2022.

41. Talent shortage Reports
A study by NASSCOM
Continued...
Recent study by a renowned industry association
Nasscom showed that only 20% of the engineering
students who graduate every year meet corporate
requirements.

42. Talent shortage Reports
2013 Hiring Trends for Oil and Gas in
India-By Monster Career advisory board
Continued...
Recruitment in India’’sOil and Gas industry in 2013 is
expected to show stability with buoyant hiring as many
National Oil Companies (NOCs) are geared up for more
projects.Oil and Natural Gas Corporation Limited
(ONGC) has notified 14 discoveries in the first half year
of fiscal FY’13.
In addition, many international Oil companies are eyeing
India as an ideal location with cost effective competent
manpower that can assure a good return on investment.

43. Talent shortage Reports
2013 Hiring Trends for Oil and Gas in
India-By Monster Career advisory board
Continued...
This suggests good investment prospects and job
creation within the oil and gas sector in 2013.
Though the industry seems to be growing, it also warned
of continuing skill shortage with a rise in the need for
qualified and experienced staff.
Oil and gas companies require professionals from all
disciplines to successfully implement projects from start
to finish.

44. Why the energetic and talented fresher's are
facing hardship in getting jobs?

46. Attribute % of respondents
Ability to work in a team 79.80%
Leadership 77.20%
Communication skills (written) 75.60%
Problem-solving skill 74.10%
Strong work ethic 73.10%
Analytical/quantitative skills 72%
Communication skills (verbal) 67.40%
Initiative 65.30%
Technical skills 61.10%
Detail-oriented 57.50%
Flexibility/adaptability 56%
Computer skills 55.40%
Interpersonal skills (relates well to others) 54.90%
Organizational ability 50.80%
Strategic planning skill 29%
Friendly/outgoing personality 29%
Creativity 22.30%
Entrepreneurial skills/risk-taker 21.80%
Tactfulness 21.20%
Attributes employers seek on a
candidate’s resume
Survey by the National Association of Colleges and Employers (NACE).

47. Ourdedicatedteamofyoung,efficientandhardcore
professionalshavingassociatedwithreputedindustrieshas
designedspecializedprofessionalcourseswhichisablendof
theorycoupledwithindustrialpractises,practicalsessionsand
finallyonjobindustrialtrainingtoimpartself-reliancetothe
graduates.
Field Piping Engineering Training Program
Our Approach
Continued...

48. Field Piping Engineering Training Program
Our Approach

49. Features
Tomeettheindustrialrequirementofhighlyskilled
professionals.
Valueadditiontothecurrentknowledge
TofamiliarizeEngineerswiththecurrentindustry
requirements
TobeaonestopsolutionforallCorporateTraining
requirements
Toactasconsultantforcandidateandprospectiveemployers

50. Who Should Attend
New employees
Support staff that require a basic knowledge of industry
operations
Engineering Degree and Diploma pass outs who has a
passion towards a career in Oil & Gas Industry

51. What You Will Learn
The basic vocabulary and the major concepts of piping
system as per the international codes & standards.
Understand the piping installation techniques followed in
industry.
Familiarization of all techniques involved in Testing,
Commissioning and Maintenance of piping systems.

52. THANKS