Company Profile

Topics: Petroleum, Natural gas, Petroleum industry Pages: 30 (4679 words) Published: June 17, 2014


Vision

Star Oil’s vision is to be: the natural upstream oil and gas partner; navigating complexity, unlocking potential.

The natural partner

Star Oil recognizes that its partners and partnerships are valuable. The company understands and appreciates its partners’ circumstances, needs and goals, and delivers on given promises. Star Oil respects the individual, helps others to succeed and contributes to a positive working environment. Navigating

Complexity

Star Oil is dedicated to mastering its destiny through creative problem solving and IIsolutions based on its values. The company’s strong, broad technical and commercial competencies will help it find simple solutions to complex problems. Unlocking

Potential

Star Oil will be the expert in recognizing opportunities, and understanding and managing risks. The company’s teams and individuals are empowered to create, innovate and deliver within a framework of Effective processes. The key to success is persistence, determination and Commitment.

Star Oil’s strategy is: to reach an incident-free and sustainable entitlement production of 400,000 barrels a day by 2020.

Star Oil follows three avenues of growth to reach the target: • Asset Management – maximize recovery from existing assets • Deliver on our project portfolio
• Continue a balanced, global exploration program

Values

Star Oil lives by the values of the Group. The values are at the core of Star Oil, and are a key element of the company’s vision and way of doing business.

Take care of today, actively prepare for tomorrow

Listen, learn, share, and give space to others

Our word is our bond

The right environment for the right people

The sum of our values: passionately striving higher

Star Oil in brief

Turning marginal and challenging fields into commercial successes has been the cornerstone of Star Oil’s business since 1962. Star Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments.

To solve the puzzle of the tight fields in the Danish North Sea, its home for 50 years, Star Oil developed a suite of innovative tools and techniques, which it then adapted to the giant but complex Al Shaheen field, offshore of Qatar. Star Oil now produces 85% of Denmark’s oil and gas and over a third of Qatar’s oil output.

These experiences generated a spirit of creative problem solving and led to an innovative deployment of technology, which has helped Star Oil to spread its wings across the globe. In the past ten years, Star Oil has established a presence in seven new countries, and it now has a broad portfolio that stretches across a wide variety of geological, geographical and operational conditions.

Star Oil has experience in geological environments such as chalk and shelf carbonates, fluvial-deltaic and deep-water plastics, and presell. It operates in conditions ranging from the harsh Arctic climate and terrain of Greenland to the arid steppe of Kazakhstan. And the company is developing expertise in difficult operating conditions such as deep waters, and High Pressure, High Temperature.

Star Oil is a fully-owned subsidiary of the global conglomerate, the Imran Khan - Star Group.

Star Oil Board Of directors
Star Oil’s business is governed by its Board of Directors, which consists of:

Imran Khan- Star Chairman Michael Pram Rasmussen
Madhobi Saha – Co owner
Mehedi Masud –Project Manager

Star Oil executive team
Ummi Masura, CEO Arifur Rahman, CFO Farhan Ahmed, COO
Jack Sparrow, Head of Corporate Technology & Projects
John Cena, Head of Legal
Lara Croft, Head of Business Development & Strategy
Megan Fox, Head of Corporate HSE
Ethan Edwards, Head of Exploration
Freddy Krueger, Head of HR

Company details
Star Oil Gas A/S, Esplanade 50, 1263 Copenhagen K,...
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