15 Well-Known European Oil Companies: An Overview
1. Aker BP
Aker BP ASA is an oil exploration and development company focused on the Norwegian continental shelf. It operates across Norway and employs more than 1,300 people. In 2016, Det Norske Oljeselskap merged with BP's subsidiary Norge and was renamed Aker BP.
Official website: Akerbp.com
2. BP
BP was founded in 1909 by William Knox D'Arcy, originally as the Anglo-Persian Oil Company, renamed the Anglo-Iranian Oil Company in 1935 and given its present name in 1954. Formed through the integration of the former British Petroleum, Amoco, Arco and Castrol, BP is one of the world's largest oil and petrochemical groups. Its sunburst logo is named after Helios, the sun god of ancient Greece.
On July 20, 2016, Fortune's latest Global 500 ranking placed BP tenth in the world.
Official website: BP.com (Chinese site: BP.com.cn)
3. Chrysaor
Chrysaor is a private-equity-backed European independent exploration and production company. After completing acquisitions of assets from Shell and ConocoPhillips, its total output reached 185,000 barrels of oil equivalent per day.
Official website: Chrysaor.com
4. Eco Oil and Gas
Eco Oil and Gas is an international oil and gas exploration and development company focused on identifying, acquiring and developing upstream oil opportunities in politically stable but technically higher-risk jurisdictions around the world.
In partnership with Tullow, it holds a 40% working interest in the offshore Orinduik block in Guyana.
Official website: Ecooilandgas.com
5. Engie
Engie (GDF Suez) was born on July 16, 2008, when two French energy giants, the Suez Group and Gaz de France, formally announced their union, creating a world-class energy group.
Official website: Engie.com
6. ENI
ENI (Ente Nazionale Idrocarburi) is a state-controlled company founded by the Italian government on February 10, 1953 to secure domestic oil and gas supplies. Its predecessor was Agip, the Italian general oil company founded in 1926.
Official website: eni.com (Chinese site: eni.com.cn)
7. E.ON
E.ON is a world-leading European energy conglomerate, ranked 29th in the Fortune Global 500 and headquartered in Dusseldorf. Its business centers on natural gas and electricity across Europe.
The company's regional focus is the central European market, specifically Germany as a whole plus Austria, Switzerland, the Netherlands, the Czech Republic, Slovakia and Romania.
Official website: Eonenergy.com
8. Equinor
Equinor, the Norwegian state oil company, was renamed from Statoil in March 2018. The world-scale oil company was formed in 2007 through the merger of the original state oil company Statoil and the oil and gas division of Norsk Hydro. It is the largest oil company in northern Europe and the largest company in Norway. As one of the world's largest net crude sellers and a major supplier of natural gas to the European continent, Equinor operates 2,000 service stations in nine countries.
Equinor is one of the world's largest crude suppliers and a major European gas supplier, and a well-known supplier and retailer of petroleum products in Scandinavia. Its business covers the exploration, production, refining, transportation and sale of petroleum products, and has expanded worldwide across Europe, Asia and South America.
Official website: Equinor.com
9. OMV
OMV, the Austrian oil and gas group, is one of Austria's largest state-participated companies and the largest oil and gas group in Central Europe, with annual sales of EUR 7.6 billion and net profit of EUR 393 million. It owns world-class oil production equipment and highly advanced technology.
Official website: Omv.com
10. Repsol
Repsol, founded in September 1987, is Spain's largest industrial company. Its businesses span four areas: exploration and production, refining and marketing, chemicals, and natural gas. Measured by the six internationally used indicators - oil reserves, oil production, gas reserves, gas production, refining capacity and product sales - Repsol ranks 47th among the world's oil companies.
Official website: Repsol.com
11. Shell
Royal Dutch Shell is one of the world's top-tier oil supermajors.
Official website: Shell.com
12. Total
Total is one of the world's four largest petrochemical companies, headquartered in Paris, France, with lubricants businesses in more than 110 countries. The group was unified under the Total name worldwide on May 7, 2003, and comprises the three brands Total, FINA and ELF. The company was created through the November 1998 merger of France's Total with Belgium's PetroFina, followed by TotalFina's acquisition of France's Elf in March 2000.
Official website: Total.com (Chinese site: Total.com.cn)
13. Tullow Oil
Tullow Oil, founded in the 1980s and headquartered in London, is one of Europe's largest independent international listed groups integrating oil and gas exploration and development, refining, and the production and sale of petrochemical products.
Tullow has an industry-leading exploration and appraisal team that keeps the company's exploration success rate above 80%. It holds 85 licenses in 23 countries, with operations across Europe, Africa, South America and South Asia, and its strong performance in Africa has earned it a place in the FTSE 100 index.
Official website: Tullowoil.com
14. Uniper
Uniper, spun off from the German energy giant and largest utility E.ON, is mainly engaged in coal, oil, natural gas and nuclear power generation and engineering, as well as power trading.
Official website: Uniper.energy
15. Wintershall
Wintershall AG explores for, produces and refines crude oil and natural gas around the world, supplying natural gas, benzene, cycloacetylene, naphtha and other feedstocks to BASF group companies. Its parent company, BASF, is the world's largest chemical conglomerate.
Official website: Wintershall.com
