Sentences with phrase «oil drilling projects»

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 projecOil 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 projecoil 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 statemeOil & 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 statemeoil 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 ofProject, will also begin its own hydrate - drilling project off the coast ofproject 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.
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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.
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