Roc Oil Company Limited (ROC) is one of Australia's leading independent upstream oil and gas companies with a presence in China, South East Asia and Australia. The Company operates across the full range of upstream business activities from exploration and appraisal to development and production delivery.

As an operator with strong industry relationships, including National Oil Companies, ROC has a unique set of competitive advantages - a distinct industry position for a company of its size. There are few other Australian upstream companies of a similar size capable of delivering this full suite of services.

The Company has a workforce of approximately 180, located in offices in China, Australia and Malaysia.

Incorporated in Australia, ROC listed on the Australian Securities Exchange (ASX) in 1999. At 31 December 2012, ROC had 683.2 million shares on issue.

HRT Participações em Petróleo S.A. (“Company” or “HRT”) is an independent Brazilian oil and natural gas exploration and production (“E&P”) holding company, formed by a group of senior geoscientists and engineers who previously held key positions at Petróleo Brasileiro S.A - Petrobras, and the ANP as senior geoscientists and engineers.

The Company’s senior management possesses significant technical knowledge and operational experience in the Brazilian and Western African sedimentary basins as well as extensive environmental expertise in Brazilian onshore and offshore E&P activities and regulatory knowledge of the Brazilian oil and natural gas industry.

Since the formation of IPEX (now HRT’s subsidiary) in 2004, the Company’s founders have been among the leading geological and geophysical (“G&G”) services providers to the E&P industry, concentrating primarily on South America. Taking advantage of the Company’s ability to interpret and analyze seismic, geological, geochemical and geophysical data, HRT has selected and secured strategically located exploration blocks in onshore basins in Brazil and offshore basins in Namibia, focusing its exploration and development efforts on areas that are largely underexplored but with high untapped hydrocarbon potential.

HRT believes it is one of the largest independent Brazilian E&P oil companies, measured by acreage, with a portfolio of exploration blocks of approximately 75,425 km² (18.6 million acres) in onshore blocks in the Solimões, Espírito Santo, Recôncavo and Rio do Peixe Basins in Brazil, and offshore blocks in the Walvis and Orange Sub-basins in Namibia.

In August 2010, DeGolyer & MacNaughton, or D&M, a leading consultant in reserves and resources estimation for the global oil and natural gas industry, estimated, net to HRT, 1,532 million BOE (mean estimate) of Pe-Adjusted prospective resources and 542 million BOE in 3C contingent resources within geographic portions of the Company’s assets where HRT has thus far conducted surveys and identified prospects and leads.



Statoil is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway with approximately 23,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.

Statoil has grown up along with the emergence of the Norwegian oil and gas industry, dating back to the late 1960s. Today, the company is one of the world's largest suppliers of oil and gas.

In 1972, the Norwegian State Oil Company, Statoil, was formed, and two years later the Statfjord field was discovered in the North Sea. In 1979, the Statfjord field commenced production, and in 1981 Statoil was the first Norwegian company to be given operator responsibility for a field, at Gullfaks in the North Sea.

Statoil merged with Norsk Hydro’s oil and gas division on 1 October 2007. The new company was given the temporary name of StatoilHydro, and the new company reached a size and strength for considerable international expansion. The company changed its name back to Statoil on 1 November 2009.

Norsk Hydro’s oil history stretches back to the late 1960’s, when the company was a license holder in the giant Ekofisk discovery in the North Sea in 1969.  Statoil has been one of the most important players in the Norwegian oil industry, and has contributed strongly to make Norway into a modern industrial nation. Today, Norway is one of the world's most productive petroleum provinces and a test lab for technology development.




China Petroleum & Chemical Corporation (hereinafter referred to as "Sinopec Corp.") is a listed company on domestic and international stock exchanges with integrated upstream, midstream and downstream operations, strong oil & petrochemical core businesses and a complete marketing network. The Company was incorporated on 25th February, 2000 by China Petrochemical Corporation (hereinafter referred to as "Sinopec Group") as the sole initiator, pursuant to the Company Law of the People's Republic of China. Sinopec issued 16.78 billion H shares in Hong Kong, New York and London Stock Exchanges on 18th and 19th October, 2000. The Company floated 2.8 billion A shares in Shanghai Stock Exchange on 16th July, 2001. As of end 2010, the Company's total number of shares were 86.7 billion, of which 75.84% were held by Sinopec Group, 19.35% were shares listed overseas and 4.81% were domestic public shares.

Sinopec Corp. is one of the largest integrated energy and chemical company in China. The scope of its business mainly covers oil and gas exploration and production, extraction, pipeline transmission and marketing; oil refining; production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals, and other commodities and technologies; research, development and application of technology and information. The Company is China's largest producer and supplier of refined oil products (including gasoline, diesel and jet fuel, etc.) and major petrochemical products (including synthetic resin, synthetic fiber monomers and polymers, synthetic fiber, synthetic rubber, chemical fertilizer and petrochemical intermediates). It is also China's second largest crude oil producer.

Sinopec Corp. has established a standardized structure of corporate governance and adopted a management system of centralized decision-making, delegated authorities at different levels and business operations handled by specialized business units.  It has more than 100 subsidiaries and branches including wholly-owned, equity-holding and equity-sharing companies, engaging in oil and gas exploration and production, refining, chemicals, marketing, R&D and foreign trade. Business assets and principal markets are located in the east, south and middle part of China, where China's most developed and dynamic economy lies.

As an endeavor to become a multinational energy and chemical company with fairly strong international competitiveness, Sinopec Corp. will seriously implement strategies of resource, market, integration and internationalization with more focus on innovation of science, technology and management expertise, as well as improvement of employees' quality.

Sinopec Group, the largest shareholder of Sinopec Corp., is a super-large petroleum and petrochemical group incorporated by the State in 1998 based on the former China Petrochemical Corporation. Funded by the State, it is a State authorized investment arm and State-owned controlling company.


Shell is a global group of energy and petrochemical companies. Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.

Our strategy to generate profitable growth remains to drive forward with our investment programme, to deliver sustainable growth and provide competitive returns to shareholders, while helping to meet global energy demand in a responsible way.

In Upstream we focus on exploring for new oil and gas reserves and developing major projects where our technology and know-how adds value to the resource holders.

In Downstream our emphasis remains on sustained cash generation from our existing assets and selective investments in growth markets.


Our Upstream business searches for and recovers crude oil and natural gas. It liquefies and transports natural gas, and operates the infrastructure needed to deliver both oil and natural gas to market. The Upstream business also extracts bitumen – an especially thick, heavy oil – from oil sands and converts it into synthetic crude oil. We are also developers of wind power as a means to generate electricity.

Our Upstream businesses are grouped into two organisational units: Upstream Americas, covering the Americas, and Upstream International, covering the rest of the world with major interests in Europe, Asia/Middle East/Russia, Australia/Oceania and Africa.


Our Downstream business manages Shell’s refining and marketing activities for oil products and chemicals. Refining includes manufacturing, supply and shipping of crude oil. Marketing sells a range of products, including fuels, lubricants, bitumen and liquefied petroleum gas (LPG), for home, transport and industrial use. Chemicals produces and markets petrochemicals for industrial customers, including the raw materials for plastics, coatings and detergents.

The Downstream business also trades crude oil, oil products and petrochemicals – including supply to our own businesses – and markets gas and power. It provides shipping services by managing one of the world’s largest fleets of liquefied natural gas (LNG) carriers) and oil tankers. In addition, Downstream oversees Shell’s interests in alternative energy (excluding wind) and CO2 management.


Petrobras was founded in 1953 to operate in the Brazilian oil sector. Over more than four decades the company has become the country's leader in the distribution of oil products and is now one of the largest twenty major oil companies in the world today, leading the sector in the implementation of the most advanced deep-water technology, for oil production.

The Exploration & Production (E&P) body of Petrobras is responsible for research, location, identification, development, production and incorporation of oil and natural gas reserves in Brazil. E&P is structured on Business Units (BU). Each BU is responsible for managing a group of exploration and production concessions, operational and administrative facilities, with own revenues and costs and liable for the results. BU organization was based on criteria such as geographical location, similar geology and stage of development of the concessions, plus available infrastructure and size.

E&P, in partnership with other areas of the company, encouraged by the fact that a large part of the Brazilian reserves were restricted to very deep offshore basins, has raised Petrobras to top world ranking in development and application of deepwater exploration and production technology.


Oil & Natural Gas Corporation Limited (ONGC) is a leading National Oil Company of India in which the government holds 74.14% equity stake. The Company is engaged mainly in exploration, development and production of crude oil, natural gas and some value added products. Established in 1956 with strategic national objective to explore and exploit hydrocarbon resources of the country, ONGC since then has grown into a full-fledged horizontally integrated upstream petroleum company with adequate in-house capabilities and infrastructure in the entire range of oil & gas Exploration & Production activities and related oil field & engineering services. ONGC today explore and produce oil & natural gas from acreages both onland and offshore in diverse logistic conditions, from rugged mountains to deserts and deep oceans. The Company are India's largest producers of Crude Oil, Natural Gas and LPG and also produce other value added petroleum products such as NGL, C2-C3, Aromatic Rich Naptha and Kerosene.

ONGC-Videsh limited (ONGC-VL), a wholly owned subsidiary of ONGC is the flagship of the company for its international operations. ONGC-VL is exclusively engaged in acquiring exploration and producing acreage overseas. The subsidiary has so far, acquired 14 properties in 10 foreign countries, and striving to reach out further.

OVL's projects are spread out in Vietnam, Russia, Sudan, Iraq, Iran, Lybia, Syria, Myanmar, Australia, and Ivory Coast. It is further pursuing Oil and gas exploration blocks in Algeria, Australia, Indonesia, Nepal, Iran, Russia, UAE and Venezuela.


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