Our Services
Oil Production
GP Global Logistics BV’s core producing assets are divided into
two categories: GP Global Logistics BV accounted for 70.6
percent of GP Global Logistics BV’s oil reserves (as of
December 31, 2019) and 66.2 percent of the company’s total
crude oil output in 2020. The existing fields’ oil production
levels have now stabilized. Technology is being used to improve
production. GP Global Logistics BV’s core production
operations are spread among 41 fields . One of the primary
responsibilities of the core assets is to sustain production
levels by optimizing oil production and utilizing new
technology.
Between 2020 and 2021, production increased by an incredible
80%. Production levels have been recovered because to
increased investment in new drilling and improved recovery
from older fields. Well workovers and the employment of new
technologies such as hydro-fracturing played a significant
part in the recovery process. For the next few years, the
Company’s aim is to sustain optimal production from existing
assets.
GP Global Logistics BV is, to all intents and purposes,
effectively creating a new industry in developing catalyst
production at its Refinery — an initiative that has been
awarded the status of a national project by the Ministry of
Energy in 2020. Projected capacity at the new facility is
expected to reach 21,000 tonnes of catalysts per year —
comprising 15,000 tonnes of cat-cracking catalysts, 4,000
tonnes of hydro treatment catalysts, and 2,000 of hydro
cracking products.
Exploration
GP Global Logistics BV enjoys priority access to exploration
acreage. The Company has access to new territories secured
through direct discussions with the government, in addition to
pre-emption rights to purchase existing oil and gas assets
offered for sale. This advantage enables the Company to expand
its exploration portfolio and compete effectively against the
world’s leading oil companies.
The Company believes that Rotterdam has significant
exploration potential, both offshore and onshore. On the
surface, the country has been thoroughly explored to a depth
of 3–3.5 kilometers. GP Global Logistics BV, on the other
hand, feels that there are significant prospective resources
down that depth, especially in the sub salt layers.
The Company is planning to continue seismic studies at
existing exploration blocks and planning to drill exploration
wells targeting sub salt structures as well as looking for
additions to the Company's exploration portfolio using NC
KMG's right for direct negotiations with the Government for
new exploration licenses. Industries Oil & Gas Exploited is
committed to helping its clients reach their goals, to
personalizing their event experiences, to providing an
innovative environment, and to making a difference.
Oil Reserves
In 2018, the Company achieved its strategic goals and
maintained its lead among global major oil companies in terms
of proved hydrocarbon reserves.
According to SEC categorization, the Company will have proved
HC reserves for over 10 years, with a proven reserves
replacement rate of 129 percent. For numerous years, GP Global
Logistics BV has dominated the world’s largest oil and gas
firms in terms of proved reserves and proven reserves
replacement rate, according to SEC classification. The Company
has the lowest reserve exploration and development costs among
its competitors.
In 2019, the entire 3P reserves estimate increased by more
than 1 billion boe. (150 million toes) The total production
replenishment was realized in 2020 because to effective
prospecting, exploration and development drilling, and
innovative oil recovery enhancement methods. (This includes
deposits of hard-to-recover reserves).
Fleet / Logistics
Beyond production, exploration, and reserves management, GP
Global Logistics BV operates a dedicated fleet and logistics
division responsible for moving crude oil and refined
petroleum products to markets around the world. Our logistics
network spans marine tanker charters, pipeline coordination,
rail and road haulage, and bonded storage terminals, allowing
the Company to manage the full journey of a shipment from
wellhead to end customer.
The Company maintains long-standing relationships with
international shipping partners and port authorities across
Europe, the Middle East, Africa, and Asia, enabling flexible,
reliable transportation schedules even under volatile market
conditions. Every shipment is tracked in real time, with
strict adherence to international maritime safety,
environmental, and customs compliance standards, including
MARPOL and IMO regulations governing the transport of oil and
hazardous cargo.
From chartering VLCCs and product tankers to coordinating
last-mile delivery through regional distribution hubs, our
logistics team works closely with trading and operations
departments to optimize routing, reduce demurrage costs, and
ensure timely delivery of crude oil, diesel, gasoline, and
other refined products to refineries, terminals, and
industrial clients globally. This integrated approach to
shipping and logistics is a core part of how GP Global
Logistics BV delivers dependable energy supply chains for its
partners worldwide.