Sentences with phrase «with oil exploration»

Expresses its serious concern about oil concessions reportedly granted within the marine area of the property, notes that any decision to go forward with oil exploration would be incompatible with World Heritage status, and urges the State Party to enact legislation to prohibit oil exploration within the Belize Barrier Reef System on the basis of its status as a World Heritage property;

Not exact matches

The time is ripe for anyone with new ideas on some facet of oil and gas exploration, drilling or production that could cut costs, says Yager.
Quadrant Energy will pay $ 10 million to withdraw from a joint venture with Buru Energy and Mitsubishi Corporation, which together own oil and gas exploration permits in the Canning Basin.
By cultivating relationships with oil and gas companies now, UAS manufacturers like Insitu and Aerovironment are positioning themselves to continue supplying the industry with hardware and operational expertise as exploration activities in the Arctic expand.
PDC Energy, Inc. is a domestic independent exploration and production company that acquires, produces, develops, and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado and in the Delaware Basin in West Texas.
The aggressive exploration program of recently listed Strike Oil is on track with the company set to drill three wells in the Carnarvon basin this month.
These efforts are bearing fruit for Weatherhaven, which recently partnered with Brazilian construction and logistics company Esbracon, to provide up to 10 sustainable camp projects for oil and gas exploration giant, HRT of Brazil.
«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..
Agreement has been reached with Coogee Resources (Ashmore Cartier) Pty Ltd, which gives Coogee the right to earn a 20 % interest in exploration permit AC / P 32 by funding 27.5 % of the upcoming Magnolia oil exploration well.
The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create — but that data is now the subject of hot debate as the oil industry tries to figure out who owns that data.
China's interference with the Philippines» fishing and oil exploration of the region is also unlawful, the tribunal said.
Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.
That's because the exploration side and the refining side of the oil business have little to do with one another.
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.
With exploration budgets down, major oil companies will rely on acquisitions to replace up to half of their reserves, according to energy consultancy firm Wood Mackenzie.
He's also chairman of a $ 26 million fund, BH Logistics, established in April with backing from a Chinese conglomerate, and a $ 40 million fund involved in shale oil exploration, according to documents filed in June and first reported on by Bloomberg News.
The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.
Structured midstream partnership with an oil and gas producer focused on unconventional natural gas exploration, production, and development.
You don't have to stick with the big boys in the industry, though; there are hundreds of independent oil & gas companies that participate in drilling and exploration, equipment and services, pipelines, and refining and marketing.
Management said on the earnings call and in the release that its focus in 2018 — and over the long term — is cash flows, not oil and gas volumes, and intends to use 2018 and 2019 to «target substantial growth in cash flow along with a reduction in net debt: EBITDAX [earnings before interest, taxes, depreciation, amortization, and exploration] to approximately 2.5 times.»
California Resources Corporation is an independent oil and natural gas exploration and production company, with operating properties within the State of California.
What: Just when investors thought it was safe to go back into the waters of the oil market, building inventories of refined product and crude sent oil prices plunging today and taking exploration and production stocks with them.
However, oil prices have been dropping like hot potatoes, almost 30 %, and with that energy stocks are tanking in unison and singing songs with same tune, along with drilling and exploration companies for shale oil or natural gas.
A review of extensive historic oil and gas exploration data indicates the property's brine to be over-saturated with 40 % minerals in 60 % water, suggesting potential for a wide range of minerals.
shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight oil if all the types of oil are included venezuela must be a heaven with a quarter of global oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
File photo by A.J. Sisco / UPI RICHMOND, Va., Oct. 30 (UPI)-- Industry supporters have started an ad blitz in southern U.S. states, arguing offshore oil and gas exploration can exist side - by - side with the environment.
This company operates internationally as an «integrated» oil and natural gas company, although in reality, its exploration and production operations merely supplement its revenue stream with 16 % of total 2012 sales, leaving the lion's share attributable to its U.S. and U.K. - based downstream business.
Oil - industry experts say it will be difficult for the oil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raOil - industry experts say it will be difficult for the oil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raoil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raoil and gas they are pumping — and must keep up with rivals in the world - wide exploration race.
Nevertheless, through my exploration of healthy tips and products I discovered coconut oil - with the help of a very good friend!
With the discovery of larger commercial quantities of oil and gas in deep water offshore Ghana, It became necessary for the bill to passed as the new phase of oil exploration has comes with new challenges with actual development, production and utilisation of its oil and gas resourWith the discovery of larger commercial quantities of oil and gas in deep water offshore Ghana, It became necessary for the bill to passed as the new phase of oil exploration has comes with new challenges with actual development, production and utilisation of its oil and gas resourwith new challenges with actual development, production and utilisation of its oil and gas resourwith actual development, production and utilisation of its oil and gas resources.
With impending Argentine presidential elections, oil and gas exploration, and the 30th Anniversary of the Falklands Conflict, next year, all likely to attract global interest, the issue of the Falkland Islands and their future will continue to be debated in newspaper columns in the UK and elsewhere.
Outside of this, the Islands are 100 percent economically self - sufficient, with a highly successful fishing industry, a developing tourism sector and oil and gas exploration being undertaken in Falkland Islands waters.
With placards, some of which read: «Gov» t abrogate this evil agreement,» «No Niger Delta militancy in Anlo land,» «shrimp and tilapia farm in Keta basin is forever,» the residents maintained they will not give up their farming and fishing for oil exploration.
Apart from its potentials for oil explorations, Borno has billionaires with huge investments outside the state.
He's chairman of the New York League of Conservation Voters Education Fund and is on the board of directors of Noble Energy, an independent gas - and oil - exploration company with more than $ 17 billion in assets.
Government is anticipating increased activities in Ghana's oil exploration activities with the coming on board of ExxonMobil.
Utilizing a theme of broken campaign promises from 2008, when Begich defeated Republican Sen. Ted Stevens, the new TV ad from American Crossroads hammers the Democrat for both the percentage of votes on which he agreed with the president last year and the fact that Congress has not approved ANWR oil exploration.
The budget resolution could also pave the way for opening up the Arctic National Wildlife Refuge in Alaska to oil exploration by ensuring that drilling legislation can pass with only Republican votes.
«Some noticeably problematic amendments are absent from this bill, such as allowing the oil minister to decide what to do with any surplus or allowing the Nigerian president to allocate oil blocks for exploration.
They may hold their nose when they vote for Baucus, but they certainly aren't voting for Rehberg who protested the recent closing of the Rocky Mountain Front to oil exploration, something even former GOP Senator Conrad Burns supported (cynics may believe Burns» change of heart on the Rocky Mountain Front had more to do with the 2006 election).
Speaking with State House Correspondents after their meetings, the governors revealed why they visited the president.Governor Tambuwal said the issue of northern governors» visit to the South East and oil and gas exploration came for deliberation with Buhari.
Following months of exploration activities, Borno State has joined the club of states producing oil in the country with the discovery of crude oil in the...
Increased exploration spurred by high oil prices paired with that drop in demand led to two decades of low oil prices.
The U.K. - based oil company, BP, PLC, has signed a $ 17 - billion exploration deal with Russia in the hopes of replacing the declining output of its current fields in the North Sea.
Chevron, working with a consortium of other oil companies, recently drilled an exploration well in the Gulf of Mexico in waters 7,718 feet deep, a distance five times the height of the Empire State Building.
«Due to global warming, oil exploration in the Arctic has become feasible along with the shipment of oil through the Northwest Passage, the water body between Canada and the Arctic that used to be frozen throughout the year, but has now become open for navigation in the summer,» noted Boufadel, a professor of civil and environmental engineering who specializes in the impact of oil spills on coastal regions and, more generally, on oil behavior in diverse environments.
«Today, cognitive undersea acoustics is a key wireless communication technology that can be used for a wide range of military, commercial, and scientific applications, including tactical surveillance, offshore exploration, monitoring of subsea machinery such as oil - rigs and pipelines, disaster prevention as well as the study of marine life,» said Stella N. Batalama, Ph.D., principal investigator and dean of FAU's College of Engineering and Computer Science, who is collaborating with Dimitris Pados, Ph.D., co-principal investigator, professor in FAU's Department of Computer and Electrical Engineering and Computer Science and I - SENSE Fellow.
The protection of this unique habitat, which is one of the most resource rich regions in the world and the most densely populated area in rural Africa, is uncertain with recent controversy surrounding oil exploration in the Congolese portion of the park.
Competing with oil and gas exploration for geological expertise, and with only minimal backing from the government, U.S. geothermal projects largely became the realm of small companies in the West.
Michael Kunz, an archaeologist with the US Bureau of Land Management, stumbled across the camp during a routine survey to assess the possible environmental impact of oil exploration in the area.
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