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Petroleum engineering Part 1 (with refer.).doc
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11. What do the following abbreviations stand for?


12. State whether the sentences are true or false according to the text. If true, add the information on the statement. If false, correct the sentence.

  1. The upstream oil sector touches consumers through thousands of products such as gasoline, diesel, jet fuel, heating oil, asphalt, etc.

  2. Service companies manage oil production, transportation, refinery and sale.

  3. Shell’s head offices are located in The Hague and London (Shell Centre).

  4. Shell is incorporated in the UK with its corporate headquarters in The Hague, its tax residence is in London (UK), and its primary listings on the London Stock Exchange.

  5. Forbes Global 2000 in 2007 ranked Shell the eighth largest company in the world.

  6. Shell has four core businesses: Exploration and Production, Refining and Marketing, Chemicals, and Trading/Shipping.

  7. Rosneft conducts oil and gas exploration and production activities on Sakhalin island, in Siberia, and in southern Russia, including Chechnya.

  8. Although Rosneft is an open joint stock company, it seems to be completely owned by a individual businessman.

  9. Schlumberger Limited is the third world's largest oilfield services corporation operating in approximately 80 countries.

  10. Schlumberger supplies a wide range of products and services from seismic acquisition to software and information management.

13. 9 Listen to the tape and answer the questions given below.

1. Conoco Phillips as the third major oil company in the States is based on what?

  1. market capitalization

  2. oil and natural gas reserves

  3. market capitalization and gas reserves

  4. responsibility to deliver energy in a safe, environmentally and socially responsible manner

  1. In what area is Conoco Phillips NOT technologically advanced?

  1. in reservoir management and exploration

  2. drilling and completion

  3. 3-D Seismic technology

  4. sulfur removal

  1. How many people does Conoco Phillips employ?

  1. in the region of 32,500 people

  2. less than 32,500 people

  3. more than 32,500 people

  4. exactly 32,500 people

  1. Which of the following is NOT one of the Company’s core businesses according to the text given?

  1. Refining, Marketing, Supply and Transportation

  2. Chemicals and Plastics

  3. Finding Reserves

  4. Natural Gas to Liquids

  1. In how many countries does the Company search for hydrocarbons?

  1. over two dozen countries

  2. over one dozen countries

  3. less than two dozen countries

  4. less than one dozen countries

  1. Where is the Company central office located?

  1. Dallas, Texas

  2. Houston, Texas

  3. Anchorage, Alaska

  4. Denver, Colorado

  1. What is the Company’s stock exchange ticker?

  1. COP

  2. SOP

  3. CHOP

  4. CP

  1. Who is the most important person in the Company?

A. Ames J. Mulva

B. John A. Carrig

C. Mulva James

D. Robert Dudley


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