Key Highlights: • Successfully raised $ 250K in capital that funds
the oil drilling projects currently online.
Not exact matches
Last March, Royal Dutch Shell said it was selling most of its stake in Canada's
oil sands, a vast
project that has extracted millions of barrels of sticky, gooey hydrocarbons from the ground in a process that resembles mining more than
drilling.
It is also planning to
drill up to three new
oil wells on a new
project in Colorado after strong results from its first well
drilled last year.
Philippines - focused
oil and gas play Nido Petroleum has launched a $ 31.9 million capital raising to fund
drilling work at its Galoc
project.
Empire
Oil & Gas has kicked off a $ 15.7 million capital raising to fund new
drilling at its flagship Red Gully North
project and evaluate other
projects in the Perth Basin near Gingin.
Perth - based
oil explorer Red Emperor Resources says delays at its Georgian
project have been caused by joint venture partner Range Resources, which has failed to carry out a planned
drilling program.
Additionally, it comes at a time when
oil prices are on the rise, but stuck in a range that makes multibillion - dollar
projects in new offshore areas unattractive for many
drillers.
Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projec
Oil service companies are getting hit because they are focusing their efforts on offshore
drilling, an industry struggling due to low
oil prices that can not justify conducting more typically lucrative deep - water drilling projec
oil prices that can not justify conducting more typically lucrative deep - water
drilling projects.
In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in coal and onshore and offshore
drilling for
oil and gas) and as a result of new infrastructure
projects.
Canadian and global petroleum companies have since spread mines and deep -
drilling projects across northern Alberta's gargantuan reserve —
oil sands production has nearly quadrupled since 2000 to about 2.5 million barrels per day.
Beyond the actual gas
project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar
drilling rig.91 Moreover, a Chinese
oil and gas rig producer now provides Russia with about 60 percent of its imported
oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the
project, senior officials from Novatek, the main shareholder of the
project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
Is a multi-well horizontal
drilling project off of a single surface location materially different than a small - scale
oil sands
project?
The recent
oil shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult
projects like deep water
drilling and Arctic exploration.
The
drilling comes after President Rafael Correa abandoned an innovative proposal to keep the
oil from the three ITT fields permanently in the ground in exchange for international contributions totaling half its
projected forgone revenue.
Griffin Perry co-owns Grey Rock Energy Partners, which runs funds that buy into
oil and natural gas
drilling projects.
Lonestar frequently provides services for
drilling operations,
oil sands
projects, plant maintenance, as well as commercial, municipal and civil
projects.
ALBANY, NY (07/17/2012)(readMedia)-- In response to a new report released by Earthworks»
Oil & Gas Accountability Project - NYS DEC: Inadequate enforcement guarantees irresponsible oil and gas development (http://enforcement-ny.earthworksaction.org), which questions New York's ability to oversee the state's existing and proposed gas drilling operations - Citizens Campaign for the Environment, Environmental Advocates of New York, Catskill Mountainkeeper, Hudson Riverkeeper, Sierra Club - Atlantic Chapter, and Environment New York released the following stateme
Oil & Gas Accountability
Project - NYS DEC: Inadequate enforcement guarantees irresponsible
oil and gas development (http://enforcement-ny.earthworksaction.org), which questions New York's ability to oversee the state's existing and proposed gas drilling operations - Citizens Campaign for the Environment, Environmental Advocates of New York, Catskill Mountainkeeper, Hudson Riverkeeper, Sierra Club - Atlantic Chapter, and Environment New York released the following stateme
oil and gas development (http://enforcement-ny.earthworksaction.org), which questions New York's ability to oversee the state's existing and proposed gas
drilling operations - Citizens Campaign for the Environment, Environmental Advocates of New York, Catskill Mountainkeeper, Hudson Riverkeeper, Sierra Club - Atlantic Chapter, and Environment New York released the following statement:
And on October 21, just days after Washington lifted the deepwater
drilling moratorium, Chevron announced a $ 7.5 billion
project to develop two
oil fields, Jack and St. Malo, lying 7,000 feet below the waves 280 miles south of New Orleans.
This spring, the Japanese National
Oil Company, one of the partners in the Mallik
Project, will also begin its own hydrate - drilling project off the coast of
Project, will also begin its own hydrate -
drilling project off the coast of
project off the coast of Japan.
The announcements reflect a continuing trend of lenders and Wall Street institutions stepping away from fossil fuel
projects, in particular coal and cost - intensive
oil projects, such as offshore and Arctic
drilling.
«The Minerals Management Service was set to finalize the sales of leases for exploratory
oil and gas
drilling off the coast of Alaska,» says Andrew Wetzler, director of the NRDC's Endangered Species
Project.
So - called roadless
oil extraction, in which
oil companies use offshore exploration and production methods and leave less of an imprint on the area being
drilled, is a viable alternative, argue Swing and others associated with Scientists Concerned for Yasuni, a network of independent researchers that first came together in 2004 to stop a proposed road
project inside the park.
Proponents say recent major
oil discoveries and successfully executed
projects on nearby state lands prove there is both demand and the know - how to
drill in the Arctic.
This picture may be about to change in light of a study of deep - sea rocks and sediments led by John Parkes, a microbiologist at Cardiff University in the U.K.. By visiting
oil -
drilling projects at two sites in the Pacific in 2002, Parkes and colleagues obtained samples as deep as 400 meters beneath the seafloor.
Due to certain unforeseen circumstances, such as hurricanes, the downturn in the national economy, the BP
oil spill, and moratoriums on deep - water
drilling, the
project realized significantly less traffic and revenue than originally
projected.
In other shocking news, officials in Kuwait have announced that about 90 % of corals in their territorial waters are dead or dying; the first Hourglass Dolphin found in more than 150 years has washed up on the shores of New Zealand; Poison - laced mice are being airdropped into Guam to kill a rampant, invasive species of tree snake — there's a video, after the jump — , and in a remote part of the Pacific Ocean, an old
oil -
drilling rig has been turned into a hotel catering to snorkelers and scuba divers — the type of
project proposed by Morris Architects for the (pre-BP spill) Gulf of Mexico.
The only reason we didn't have 100 % Geothermal dependency YESTERDAY is that
drilling rigs are hogg tied to
oil projects worldwide.
Alaska natives, who fought offshore
oil projects, now leading the charge to
Drill Baby
Drill (blogs.platts.com)
The plaintiffs in the case, which include several environmental groups and four western U.S. municipalities, argue that the federally supported
projects — including
oil drilling, pipelines, and commercial power plants — contribute to global warming, which in turn affects U.S. economic interests and its citizens.
While he
projects an image of being a surfer and in touch with ocean conservation, in fact he supports off - shore
oil and gas
drilling.
And it was recognized those actions were a crap shoot (Where good science and policy goes bad: de-salinization plants in Oz rather than managing episodic flooding,
drilling 20,000 ′ below a seafloor 5,000 ′ under a precious biosphere to seek
oil that is abundantl available on dry land, for examples), but can anyone name a
project of doubt on the scale of this one where unspeakable trillions are to be spent, redistributed, productivity disincentized, where people's lives across the world will be thrown into uncertainty, where this trans - generational mindset will, by design, crush the willful and spirited energy and creativity of human kind until it is finally overthrown democratically or otherwise?
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency
projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local
oil and gas exploration («
drill, baby,
drill»)-- encourage «clean coal»
projects (tax incentives)-- set goal to become energy independent within ten years
«Statoil is removing the «
oil» from their name at the same time they are trying to add risky Australian deepwater
drilling projects to their portfolio and expand into the pristine...
What about the proposed Statoil
project to
drill for
oil in the Bight?
Other chapters of the TPP could put at risk green standards for public purchasing, efforts to block dirty energy
projects such as
oil drilling and coal mining, environmental labeling of consumer products, at - the - border regulations related to food safety, feed - in tariffs for renewable energy and the list goes on.
I support a legislative ban on all new
oil projects (exploration and
drilling) in The Bight.
SA can develop new climate - safe exports to make up for forgoing potential future export income that might accrue from
drilling for
oil in the Bight or from future new gas extraction
projects.
• Ban Arctic
oil drilling, offshore
drilling, fracking, mountaintop removal coal mining and pipeline
projects
We could do that — if radical greens in the Obama Administration, United Nations and eco pressure groups would end their ideological opposition to leasing,
drilling, fracking, Outer Continental Shelf and Arctic National Wildlife Refuge development, Canadian
oil sands, the Keystone pipeline and countless other
projects.
Katembo went undercover to document and release information about bribery and corruption in the quest to
drill for
oil in Virunga National Park, resulting in public outrage that forced the company to withdraw from the
project.
Rodrigue Katembo, Democratic Republic of Congo: Putting his life on the line, Rodrigue Katembo went undercover to document and release information about bribery and corruption in the quest to
drill for
oil in Virunga National Park, resulting in public outrage that forced the company to withdraw from the
project.
Because there are no good markets for these industrial negative emissions
projects today, the only viable way for companies to develop and test the components for these solutions today is through CCS
projects like Petra Nova (e.g. on a coal power plant with the CO2 utilized to
drill for more
oil).
Hence, if you want to change directions, you have to influence the politics — you have to work to prevent the Koch Brothers from destroying California renewable energy initiatives, you have to work to eliminate federal subsidies and liability caps for fossil fuel
projects (which would mean that
oil drillers would have to post $ 10 billion bonds for every deepwater
project they initiated), and — for academic scientists — you have to lobby your academic administrators to cut their ties with shady fossil fuel interests like BP and Exxon, and work to open renewable energy research institutes at America's leading universities.
«A proposal for the first
oil and gas
drilling in federal offshore waters of the Arctic took a step forward Thursday as regulators released a draft environmental impact statement, which reflects concerns about the effects of the
project on marine life and local communities.»
He has for example acted in long - running litigation arising out of the privatisation of the railways of Kenya and Uganda, represented a European state in a dispute in relation to satellite surveillance services, a German bank in its claims arising out of a major fraud to sell non-existent tickets to the Beijing Olympics, a state
oil and gas company in relation to a subsea
drilling project in the Caribbean, and for a large Russian bank in a major jurisdictional dispute (VTB v. Nutritek).
Matt's extensive experience includes representing an international
drilling contractor and an
oil pipeline company in connection with large
oil spills, an
oil and natural gas company in control of well claims, and an
oil and gas company in construction disputes arising out of the sale of crude heaters for a refinery modernization
project.
Achieve Exceptional Success & Accelerate Your Career with a Job winning Resume Our Certified Professional Resume Writers are experts in writing high impact resumes for mining,
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In the larger business context, when two or three companies work together on large
projects — such as in operating offshore
oil drilling rigs or creating new pharmaceuticals — we see indemnification agreements all the time.
Our Certified Professional Resume Writers are experts in writing high impact resumes for mining,
oil and gas, and construction professionals from engineering,
project management, field services, operations, production accounting to
drilling management.
*
Project Manager for
Drilling of Ultra HPHT Well offshore Guyana where discovered first
oil, while managing US$ 180 mm Budget * Planned, QC'd & Acq.