Examples of using Offshore fields in English and their translations into Hindi
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INA will also become, for the first time in its history, the sole operator of offshore fields.
After decades of production, an increasing number of offshore fields are approaching the end of their economic life.
Gas from offshore fields in Myanmar, where Indian firms ONGC and GAIL have stake, are sold to China for $7.72 per unit.
The deal gives Noreco a 36.8 percent stake in the Danish Underground Consortium(DUC),which has assets in 15 offshore fields.
If flaring goes above a permitted level, Canada requires their offshore fields to shut down until they handle the gas.
While it continues to pump gas from offshore fields, Dubai also consumes more fuel than it produces, and it is increasingly dependent on imports to make up the difference.
In the Texaco Overseas Petroleum Company of Nigeria Unlimited(TOPCON) venture, NNPC also has60% ownership leaving Texaco and Chevron with 20% share apiece in at least five offshore fields.
Of his 18 years in Offshore fields off Mumbai, he served for 12 years in Mumbai High in Well Services, successfully handling a number of production-enhancement assignments.
Among the assets to be sold to Total are a 26.5 percent interest in a Mozambique liquefied natural gas project, which is moving closer to a final investment decision,and stakes in two offshore fields in Ghana.
In Malaysia,Exxon operates 35 oil and gas platforms in 12 offshore fields and has working interests in another 10 platforms in five fields in the South China Sea, according to its website.
Lawyers and executives have been working feverishly in recent weeks to sort out terms of consortia that will placebids on the four blocks available in the TOR area- offshore fields with billions of barrels in confirmed reserves.
Companies such as Exxon Mobil, which operates some of the southern offshore fields, are committed to spending hundreds of millions of dollars to explore for new reserves and to further develop existing fields. .
An oil tanker and a Norwegian navy frigate collided off Norway's west coast on Thursday, injuring eight people and triggering the temporary shutdown of aNorth Sea crude export terminal, Norway's top gas processing plant and several offshore fields.
Royalty rate was increased to 12.5% of total oil andgas production from onshore fields while offshore fields rate was capped at 7.5% as the cost recovery rate was fixed at 50%.
Gas for any expansion of Ichthys could come from offshore fields or from Inpex's acreage in the promising Beetaloo shale basin in the Northern Territory, where the company is going through the approval process to start exploring, Okawa said.
OSLO(Reuters)- Norwegian oil producer Equinor aims tocut greenhouse gas emissions generated at offshore fields and onshore plants in Norway by about 40% in the coming decade and to near zero by 2050, it said on Monday.
In Ghana, the development of the country's Tweneboa, Enyenra, Ntomme(TEN) offshore fields was delayed for a time as a dispute erupted pitting the country against her neighbour Ivory Coast over their maritime boundary.
With the new recommendations, Angola, which produces an estimated 1.55 million barrels/day(bpd),75% of it from offshore fields, allowed for award of concession licenses through public tender without requiring prequalification from bidders.
The deal,which was among several awarded by Saudi Aramco for its its Marjan and Berri offshore fields on Tuesday for a total value of $18 billion, represents the single largest EPCI offshore contract awarded by the Saudi Arabian national petroleum and natural gas company.
The effective sequestering of onshore reserves is exacerbating a looming supply shortage,likely in the next few years when declining offshore fields, coupled with depletion of some of the fields in central Australia, mean not enough natural gas will be available in those two southeastern states.
The Singaporean-flagged Pacific Warden was attacked on November 20, 2019 at approximately 5 a.m. local time,while supporting offshore field operations in Equatorial Guinea, SPO confirmed on Sunday.
Australia's Woodside Petroleum, operator of the existing 16 million tonne perannum Northwest Shelf project, recently launched an almost $2 billion capital raising in order to buy control of an offshore field from partner Exxon, and use the natural gas for an expansion of its Pluto LNG plant.
The Anglo-Dutch company agreed to sell to OKEA, a Norwegian producer backed by private equity firm Seacrest Capital,its 45 percent interest in the Draugen Norwegian offshore field and a 12 percent in the Gjoa block for a total of $566 million, the two companies said.
Eni to invest $1.8 bin in offshore Mexican oil fields by 2040.
The company also won contracts to deliver subsea production systems for the Troll Phase 3, Askeladd and Nova fields offshore Norway.
After decades of production, an increasing amount of offshore oil and gas fields are approaching the end of their economic life….
Capable of accommodating up to six crew and twelve security personnel they can remain at sea for up to fourweeks and travel 1,200 nm in and around Nigeria's coastal and offshore oil fields.
Can also be used in national defense, navigation, fishing, offshore oil wells, transportation and other fields.
Reuters quoted the union said in a statement that members of the Uniteunion who work at Total's North Sea offshore oil and gas fields voted in favour of strike action.