05.07.2009
Investigation of audit of a potential investment. Generally, due diligence refers to the care a reasonable person should take before entering into an agreement or a transaction with another party. In the oil and gas sphere also has the duty to perform as a prudent operator with all the due diligence required to meet the milestones of his license
In a dual poroperm reservoir, fluids exist in two interconnected systems: the porous rock (called the matrix) and the highly permeable fractures in the rock. The bulk of the oil in such fields is held in the rock matrix which is of relatively low permeability compared to the fracture network. Successful production from dual poroperm reservoirs depends on the accurate siting of wells and careful control of production rates.
A generation unit / power station that can be operated with at least two different types of fuels, such as fuel oil or coal or fuel oil and natural gas. Power stations in the natural gas era in Israel are dual fueled stations; namely they can generate electricity using both natural gas and liquid fuels. The reason for this is so that IEC can continue to produce electricity even if there should be a cut in the supply of natural gas for any reason or because of a malfunction
Previously, steam turbines have dominated as propulsion machinery for LNG carriers, with their apparent reliability and the ease with which they can burn the boil-off gas from the ship’s cargo tanks while at sea. The low fuel efficiency of steam turbines, however, has encouraged almost all other shipping segments to switch to diesel-powered ships. As a result of both increased fuel efficiency and increased cargo capacity, an LNG carrier with dual-fuel electric machinery will deliver more natural gas to the offloading terminal even when gas is used as fuel throughout the voyage
An exploratory well that finds petroleum in two separate reservoirs