About Us

ABOUT US

ENERGY DEVELOPMENT GROUP SH.A

ENERGY DEVELOPMENT GROUP SH.A. is an Albanian Joint Stock Company, established in accordance to Albanian law, since 2008, with its headquarters at Tirana, Albania. The main of its activity consists on:

Studying, projecting, consulting services, undertaking and implementation of construction works, investments development through private and/or public funds related to hydro-energy area, labour induction, administration, management, production, sale of energy, construction of power lines etc.

We produce clean energy from the Power of Water. Water power is one of the world’s cleanest and most efficient energy sources. For us, this is an outstanding reason to concentrate our efforts on??promoting the generation of electrical power from this source. We are a producer of hydro energy power, operating and offering the energy produced mainly in territory of Republic of Albania and Kosovo.

We are deeply committed to the expansion of hydroelectric power generation wherever it is geologically and commercially feasible, because the power of water presents another outstanding advantage: the extreme efficiency of hydropower plants of over 90 percent and their robust engineering ensure the long-term technical and economical viability of such facilities. In addition to these advantages, hydropower plants are characterized by a continuous base load capability and therefore constantly feed power into the grids.

In an oil and gas company, various functions are essential to the success of the business. These functions typically cover exploration, production, processing, and distribution, as well as support services like finance, marketing, and compliance. Here are some key functions:

1. Exploration and Development

• Geoscience and Geology: Identify potential oil and gas reserves through geological surveys, seismic analysis, and modeling.
• Exploration Engineering: Conduct site evaluations and design drilling strategies to access reserves.
• Project Planning and Development: Manage the development phases from discovery through to drilling and production setup.

2. Drilling and Production

• Drilling Operations: Plan, execute, and oversee drilling activities, including site preparation and equipment setup.
• Production Engineering: Optimize extraction processes to maximize output from oil and gas wells.
• Well Testing and Completion: Assess the production potential of a well and ensure it's completed safely and effectively.

3. Refining and Processing

• Refining Operations: Transform crude oil and raw natural gas into usable products like gasoline, diesel, and propane.
• Process Engineering: Develop efficient and safe processes to improve production yields and quality.
• Quality Control and Assurance: Ensure that refined products meet regulatory and customer quality standards.

4. Health, Safety, and Environment (HSE)

• Environmental Compliance: Ensure operations meet environmental regulations and sustainability targets.
• Health and Safety Management: Develop policies and procedures to protect workers, equipment, and facilities.
• Risk Assessment and Mitigation: Identify potential risks, especially those associated with drilling and refining, and develop mitigation strategies.

5. Supply Chain and Logistics

• Procurement and Sourcing: Secure equipment, raw materials, and services necessary for production and refining.
• Transportation and Logistics: Manage the transportation of oil, gas, and refined products via pipelines, trucks, or ships.
• Inventory Management: Oversee the storage and distribution of products to ensure a steady supply for customers.

6. Sales and Marketing

• Customer Relations: Manage relationships with key customers, ensuring service satisfaction and long-term loyalty.
• Market Analysis and Strategy: Study market trends and customer demand to inform pricing and distribution strategies.
• Brand Management: Develop and maintain the company’s brand image through advertising and public relations.

7. Regulatory and Compliance

• Regulatory Affairs: Manage relations with government agencies and ensure compliance with industry-specific laws and regulations.
• Corporate Social Responsibility (CSR): Engage in community and environmental initiatives to maintain a positive public image.
• Quality and Safety Compliance: Adhere to industry safety and quality standards across all operations.

8. Finance and Accounting

• Budgeting and Forecasting: Develop financial models to forecast earnings, expenses, and capital requirements.
• Cost Analysis and Control: Monitor operational costs and implement measures to optimize financial performance.
• Revenue Management: Track sales and revenue streams from crude oil, natural gas, and refined products.

9. Human Resources

• Recruitment and Talent Management: Attract, retain, and develop skilled professionals in engineering, operations, and support functions.
• Training and Development: Implement training programs to ensure a skilled and safety-conscious workforce.
• Employee Relations and Welfare: Manage employee benefits, compensation, and workplace conditions.

10. Information Technology and Cybersecurity

• IT Infrastructure Management: Maintain essential IT systems and networks for operational support and data management.
• Data Analytics and Reporting: Analyze data from operations to improve efficiency and decision-making.
• Cybersecurity: Protect the company’s digital infrastructure, especially critical as oil and gas are increasingly managed digitally.

11. Asset and Facility Management

• Asset Maintenance and Reliability: Ensure the upkeep of physical assets, including rigs, refineries, and pipelines, for maximum uptime.
• Facilities and Equipment Management: Manage infrastructure and equipment necessary for exploration, drilling, and production.
• Decommissioning and Restoration: Handle the safe closure of facilities and restoration of sites to meet environmental standards.