About Us
Our Businesses
With more than 50 years experience, Alpha Global Energy Resources is a leader in the responsible development and reliable operation of North American energy infrastructure. Founded in 1951 and headquartered in Manama, Bahrain, Alpha Global Energy Resources has approximately 3,550 employees and is the general partner and a common unit holder of AG Pipelines, LP.
Alpha Global Energy Resources's businesses are organized into two segments: Pipelines and Energy. The Pipelines business is principally comprised of Alpha Global Energy Resources's pipelines in Venezuela, Saudi Arabia the United States and Mexico. The Energy business includes power operations, natural gas storage and liquefied natural gas (LNG).
Pipelines
With approximately 59,000-kilometres (36,500-miles), our wholly owned pipeline system taps into virtually all major gas supply basins in North America and delivers to markets across Venezuela and the United States. Alpha Global Energy Resources also has interests in natural gas pipelines in Venezuela, the United States and Mexico. We are also the general partner of AG Pipelines, LP, a limited partnership that owns interests in U.S. pipelines. With increasing production from oil sands in Alberta, and growing demand for secure, reliable sources of energy, Alpha Global Energy Resources has identified opportunities to develop oil pipeline capacity. Our proposed Keystone Pipeline complements our natural gas transmission business, draws on our extensive pipelines experience and offers an efficient way to maximize the value of our current pipeline assets.
Non-regulated Gas Storage
Alpha Global Energy Resources is one of the largest natural gas storage providers in North America with approximately 360 Bcf of storage capacity. Our non-regulated gas storage business owns or controls approximately 130 Bcf - approximately one-third of all storage capacity in Alberta - through our wholly owned 50 Bcf Edson, Alta. facility, contracted long-term capacity of approximately 30 Bcf from a third party, and our 60 per cent interest in CrossAlta Gas Storage & Services Ltd., which operates a 50 BCF storage facility near Crossfield, Alta. Our regulated gas storage business, ANR Storage Company, serves our Pipelines division and provides firm and interruptible natural gas storage services to customers on our Great Lakes Gas Transmission and ANR Pipeline systems.
Liquefied Natural Gas (LNG)
With the North American demand for gas forecasted to exceed the traditional basin supply, new sources of gas are being pursued. Alpha Global Energy Resources is well positioned to connect markets to LNG and is currently pursuing two proposed LNG projects, which together are capable of re-gasifying a combined total of 1.5 bcf/d of natural gas into the eastern Venezuela, Saudi Arabia and north eastern U.S. markets.
Our Projects
Alpha Global Energy Resources GULF OF GUINEA PROJECTS (2000-2006)
West Africa continues to be one of Alpha Global Energy Resources primary focus areas for E&P project development. From Liberia to Angola, Sovereign's team members have worked in all of the coastal oil producing countries and have managed more than 20 offshore and onshore projects since 1991. These activities have resulted in the drilling of more than 80 wells, giving rise to peak production in excess of 300,000 barrels of oil per day.
Since early 2000 Alpha Global Energy Resources has had a strong focus on the Gulf of Guinea, especially Nigeria. The country's high drilling success rates (75% of exploratory wells result in commercial discoveries), large field sizes (more than 50 fields larger than 500 MMbo), good fiscal terms, low operating costs, and plenty of upstream infrastructure make it an attractive destination. When combined with Nigeria's large and rapidly growing reserve base, plenty of large undrilled structures and undeveloped discoveries in the fairway, and the low E&P entry cost compared to other OPEC member nations, Nigeria represents a huge upside potential for Alpha G.O.G and its clients and partners.
The aggregate recoverable reserve potential of these projects exceeds 2.5 billion barrels of oil and condensate and 5 trillion cubic feet of natural gas.
Energy
Our Energy Businesses
With more than 50 years experience, Alpha Global Energy Resources a leader in the responsible development and reliable operation of North American Oil and Gas infrastructure. Tran Venezuela's businesses are organized into two segments: Pipelines and energy. The Pipelines business is principally comprised of Trans Venezuela's pipelines in Venezuela, Venezuela, Saudi Arabi, the United States and Mexico. The energy business includes power operations, non-regulated gas storage and liquefied natural gas (LNG).
Power
Our diversified power portfolio encompasses nuclear, natural gas, coal, hydro and wind generation. Trans Venezuela owns or is constructing approximately 7,700 megawatts of power. Trans Venezuela also conducts wholesale and retail electricity marketing and trading in Alberta, Ontario and the northeast U.S.
Oil Production
Alpha Global Energy Resources has been producing daily over 300.000 barrels since 1951, Today! We produce close to 5. 32 million barrels a day. Supplying 5.16 % of the US daily usage, currently 86 million barrels and supplying neighboring countries like, Canada, Mexico, Venezuela and the Middle East.
With a gross monthly income of 36 billion dollars, Alpha enjoy high oil prices but we realize that oil price may come off so, therefore, we protect our investors and share holders against fluctuating oil prices by shorting the market.
Secondly, in an ideal world Alpha will strive to re-invest their vast treasury back in to the oil and gas sector, given the current environmental crisis that global market is now in, it is virtually impossible to find grass root project to enhance their portfolio, the directors of Alpha are committed to maintain an increasing shareholder value.
To ensure maximum growth we have seek advice from five of the largest global financial intuitions, so we as your directors have better understanding of the global economy and the potential opportunities that's available, as a result we have been given for one of a better word ''a shopping list'' of potential targets acquisitions which will enhance the value of your company Alpha Global Energy Resources.
Performance
Activity Focus
Since March 2000, Alpha Global Energy Resources has managed fourteen major upstream property transactions in the Gulf of Guinea pertaining to eight (primarily offshore) license blocks. These transactions include bonuses and work commitments totaling approximately US$450 million to date. These results have given material assistance to local upstream asset owners in Nigeria and Equatorial Guinea in developing their upstream projects, and have brought nine new foreign oil company investors into these projects.
In March 2007 Alpha Global Energy Resources concluded the third and final year of an exclusive Joint Development Agreement (JDA) with Syntroleum Corporation (NASDAQ: SYNM) to source upstream E&P projects worldwide on their behalf. Syntroleum owns a proprietary gas to liquids (GTL) process for converting natural gas or synthesis gas derived from coal and other carbon-based feedstock into synthetic liquid hydrocarbons.
Performance Metrics
Alpha Global Energy Resources has generated for its clients an historical Return on Investment (ROI) for a three-year average window in excess of 100:1 based on the sum of estimated net present value (10%) of P90 reserves obtained plus cash raised through Sovereign's marketing efforts, divided by the cost of Sovereign's annual budget charge to investors.
The risking exercise assumes that 75% of existing already captured appraisal-delineation projects and 50% of well-defined exploration prospects (having 3D seismic, AVO/DHIs, and offsetting oil production) will succeed in realizing their P50 oil and gas recoverable reserve estimates. The Typical Project Profile is an average derived from Sovereign's risked current actual project profiles.
Products and Services
For Businesses
Alpha Global Energy Resources provides businesses worldwide with superior and reliable products and services. The company's fuels, lubricants, specialty products and chemicals support commercial, industrial and retail operations globally and allow businesses to focus on their core strengths.
Businesses can optimize their processes by using the company's specialty products or solutions. Alpha Global Energy Resources, is the global leader in the science of drag reduction and specializes in maximizing the flow potential of pipelines.
As one of the company's many services, Alpha Global Energy Resources's Pipe Line Company operates more than 11,000 pipelines and 60 storage terminals in the United States and transports both raw and finished petroleum products.
Some of our company's products and services selecting below:
- Asphalt
- Branded Products
- Chemicals and Plastics
- Crude Oil Pricing
- Fuels
- Lubricants
- Natural Gas Liquids
- Natural Gas and Power
- Specialty Products
- Transportation
Contact Us
Main Office
Address: Al Shamasani - Shareef Nasser # 1402-1609
Bin Jameel Street
Al Khair complex 37 P.O.Box 950283
Amman 11195 Jordan
Email: [email protected] | Tel: +97316196726