05.07.2009
Temperature at which a fluid, such as crude oil, begins to pour as it is warmed up from a cold solid state
Weight in pounds of a gallon of drilling fluid, which can be twice the weight of water
Although there have been improvements in health and safety offshore since the Piper Alpha disaster in 1988 the risks are ever present – fire, explosion, release of gas and structural failure all have the potential to cause major loss of life. Specific legislation exists to deal with the hazards arising from the operation of fixed/mobile installations, wells and pipelines. The oil and gas sector is a dynamic rapidly changing industry but with an ageing infrastructure and increasing cost pressures as the available oil and gas declines. These issues, together with the geographically isolated workforce, and the inherent hazards in working offshore require high standards of management of health and safety.
Two British companies that conducted an LNG feasibility study for the Israeli Ministry of National Infrastructure in 2007
The price determined by the Seven Sisters (Exxon, Texaco, Mobil, Socal/Chevron, Gulf, Shell, BP) for each type of crude oil, during the first days of the oil industry in the US when each company posted the price of its oil on the pillar at the entrance of their company