05.07.2009
The right to write off capital goods for tax purposes more quickly than the rate at which they would normally depreciate. This is intended to encourage investment, as it allows the company to defer payment of capital gains tax
Relating to the depositional environment of the deepest area of the ocean basins
Established in 1971, to operate in all areas of the oil and gas industry and since then has steadily broadened its activity establishing companies and subsidiaries and creating an integrated oil and gas industry in Abu Dhabi. Today, the company manages and oversees oil production of more than 2.7 million barrels a day which ranks it among the top ten oil and gas companies in the world. ADNOC’s efforts in the exploration and production field have concentrated on assessing undiscovered reserves and optimizing hydrocarbon recovery by improving the reservoir management
A hydrocarbon liquid used to absorb and recover components from natural gas before being processed
The range of wavelengths of energy that can be absorbed by a given substance
The conversion of one form of energy into another as the energy passes through a medium. For example, seismic waves are partially converted to heat as they pass through rock. In terms of production facilities it is the property of some liquids or solids to soak up water or other fluids
A vertical, cylindrical vessel that recovers heavier hydrocarbons from a mixture of predominantly lighter hydrocarbons