Orgas
Joint-stock company, State-owned enterprise | |
Industry | Electricity, Natural Gas, Renewable Energy |
Predecessor | |
Founded | March 15, 2005O'polis, Orioni | in
Founders | |
Headquarters | , |
Area served | Orient |
Key people |
|
Products | Electricity, Natural Gas, Renewable Energy |
Owner | Orioni state (51% stake) |
Number of employees | 46,000 (2010) |
Subsidiaries | Hydro Electrics |
Website | orgas |
Orgas is an Orinese regional electric utility company, headquartered in O'polis, Orioni, which operates in the fields of electricity generation and distribution, natural gas, and renewable energy across the Orient.
The company was formed on 15 March 2005 by the merger of Orioni Power Enterprises and Orient Gas Solutions. The merger was a culmination of a vision that dates back to 1870 with the initiation of the Eastern Canal Utilities, a major infrastructure project in the Orient. Following this merger in 2005, the Orioni state secured a 51% stake in Orgas, asserting its strategic influence in the company's operations.
Orgas has a 35% stake in AquaOrient, a renowned water treatment and waste management company, which was an offshoot of Orient Gas Solutions during the merger. Furthering its reach in the region, Orgas acquired a significant 60% share in Tamurin Electric in June 2008, enhancing its position as a formidable utility entity in the Orient. The purchase of an additional 20% stake was announced by Orgas in November 2009, with the acquisition completed in February 2010.
By 2010, Orgas had a robust workforce of 46,000 spread across the Orient, which encompassed 800 specialized researchers and experts located at 5 R&D centres. They reported a substantial annual revenue of A$16.5 billion. Orgas is listed prominently on the leading stock exchange in Orioni and plays an integral role in the energy dynamics of the region.
History
Orgas's inception in 2005 marked a pivotal moment in the natural gas sector in Orioni and the wider region. Rapidly evolving, it soon became one of the predominant suppliers in Orioni. Capitalising on its assets and knowledge, Orgas expanded its footprint to other Oriental nations like Tamurin, Ide Jima, and Mekabiri, diversifying its operations and consolidating its global stature.
Operations
Orgas's primary operation is centred around the production, transportation, and sale of natural gas. The company is celebrated for its efficient and far-reaching transportation and sales network, crucial in satisfying the energy needs of booming markets in Orioni and other Oriental countries.
In addition to its foundational focus on natural gas, Orgas broadened its portfolio with the part-owned Orinese subsidiary, Hydro Electrics. This new venture allows Orgas to explore hydropower generation, highlighting its dedication to sustainable energy alternatives.
Headquarters
The central office of the company is strategically situated in O'polis, Orioni. This pivotal location facilitates efficient administration and supervision of its extensive operations across various countries.
Impact and recognition
Orgas has been consistently acknowledged for its influential role in propelling energy solutions, especially in the Oriental regions. Its emphasis on sustainable energy, especially through hydropower initiatives, has earned widespread commendation.
Future prospects
With the global energy landscape in a state of constant flux and innovation, Orgas is well-positioned to adapt and expand. The company's vision is to further its reach in natural gas ventures while concurrently delving deeper into sustainable energy initiatives.