Sentences with phrase «offshore oil sector»
Not exact matches
A flexible approach to business and staying true to its values have been the keys to the success of Bhagwan Marine, which has become a major service provider to the offshore oil & gas sector.
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THE booming oil and gas sector continues to draw investment into Perth's industrial sector from offshore service providers, with the latest being a $ 120 million oil and gas valves and pressure control
Its current operations cover four principal sectors: offshore oil and gas, onshore industrial maintenance, real estate and construction.
Chinese investors appear increasingly bullish about opportunities in Western Australia's energy sector, following revelations a division of China's biggest offshore oil and gas producer, CNOOC, was a significant influence in one of the state's biggest battery storage trials.
The service and supply sectors are seeing major growth, thanks largely to the offshore oil industry, and the employment levels are some of the highest in Canada.
Stronger global oil prices have not benefited the offshore marine sector, whose troubles will weigh on Singapore banks report earnings.
The sale would come as the offshore sector continues to struggle with low oil prices, and oil exploration and production companies focus investments on lower cost shale fields onshore, particularly the Permian Basin in West Texas.
The sanctions have stopped investment in unconventional oil and gas and the Arctic offshore and have targeted key individuals and companies in the oil and gas sector.
«If you take the Economic Intelligence Unit (EIU)[report], they said 2017 and onward is going to be a period of prosperity for Ghana and that is because of the foundation that we have laid, it's because of the work that we have done, we've eliminated a lot of the deficits that were created by huge subsidies on utility tariffs, we eliminated a lot of the subsidies that created huge deficits on the cost of petroleum products, today as I speak, Tema Oil Refinery (TOR) is running, and producing petroleum products for Ghana, we have enough stock of LPG, our tanks and strategic reserves for petroleum products are all full, and, so, we have ships standing offshore Ghana with petroleum products, but there is no space to offload those products, and, so, we've done a good job in stabilising various sectors of the economy.
The discovery of oil in the 1960s led to a boom and the emirate used its resources to diversify into a wide scope of industries and economic sectors with the launch of a number of outstanding initiatives such as the offshore Jebel Ali Free Zone.
As was discussed here last Friday, President Obama has proposed using a tiny portion of federal revenues from offshore oil and gas production to build an «Energy Security Trust» to pay for the kinds of tough or longer - term energy research projects that the private sector tends to neglect.
Despite its huge oil and gas footprint, Calgary - based Enbridge has heavily diversified into renewables in recent years, from its fleet of onshore wind farms in North America to its fast - growing role in the European offshore wind sector, where it owns stakes in projects like the 400MW Rampion off the UK.
OPINION The oil & gas sector has already taken risks to move into floating offshore, and the wind industry can reap the benefits, writes Eoghan Quinn
The first projects using floating wind turbines are also now entering into operation, based on concepts widely deployed in the offshore oil and gas sector; cost - competitive floating technologies would widen the economic resource base for offshore electricity generation considerably.
The North Sea, a relatively mature oil and gas basin with a thriving renewable electricity industry, is already seeing some crossover between the sectors: some large oil and gas companies are major players in offshore wind; one former oil and gas company, Ørsted in Denmark, has moved entirely to wind and other renewables.
The Nessergy oil deal shares many similarities with a string of secret deals in Congo's mining sector, where mining rights were bought at knockdown prices by offshore companies and then «flipped» to major international firms for a vast profit.
The president of A.K. Suda, Ajay Suda, shares his insights on the evolution of offshore wind farm installation vehicles and how the oil and gas sector has helped the wind industry better prepare for offshore construction.
to craft a measure to reduce heat - trapping gases in the power sector and encourage development of nuclear power, «clean» coal, natural gas and offshore oil drilling.
The first document listed companies and individuals that Canadians may not sell to or have business dealings with, but the prohibitions have been amended many times, rolling in first some lending and capital investment and, last December, a ban on specified exports to parts of the Russian energy sector: offshore, Arctic, and shale oil production.
As the energy sector continues to thrive with several offshore oil mega-projects, Newfoundland and Labrador Premier Danny Williams — affectionately known as Danny Millions — is taking a page from Alberta's songbook, determined to negotiate a greater share of oil and gas revenues to pay down his province's $ 12 - billion debt.
This masks a healthy conventional oil and gas sector that has demands for offshore and onshore upstream workers, such as geoscientists and reservoir engineers, as well as downstream sales and marketing professionals.