Month: July 2009

Notices regarding ship-wrecks, submarine gas pipelines, traffic corridors, etc.

Offshore LNG Terminal supporting Excelerate’s proprietary Energy Bridge Regasification Vessels (EBRVs).

A 404 km 36 inch export pipeline that links a riser platform in the central North Sea with the gas processing terminal at Teesside which became operational in 1993. BG Group has a 51.18% interest in the CATS pipeline and terminal which is operated by BG and which has a peak gas capacity of around 1700 mmscfd

A type of oil that is sourced from the North Sea, now primarily from the UK, Norway, Denmark, the Netherlands and Germany. This type of oil is part of the price benchmark for almost two-thirds of the world’s oil. Brent is one of the four North Sea oil varieties used to price crude from the Middle East, Africa and Russia. The other grades are Forties, produced by BP Plc, Norsk Hydro ASA’s Oseberg blend and ConocoPhillips’s Ekofisk. Brent crude oil is not as light or as sweet as its counterpart, West Texas Intermediate oil.

A GSA contract will normally lay down a procedure for the time when the daily or weekly nomination of gas volumes should be made by the buyer. It will also specify the buyer’s rights to vary the nomination at short notice and the speed with which the seller must respond to such changes

The process by which the buyer informs the seller of how much LNG it intends to take in a coming Contract Year under a long term supply contract. Typically, in LNG, nomination schedules work as follows: At least 90 days before a new Contract Year, both parties will seek to agree a program containing (a) buyer’s binding nominations for cargoes for each calendar month in the coming Contract Year (b) indicative nominations from buyer for cargoes likely to be required in each calendar month of the following two years, (c) shutdowns and maintenance planned for buyer’s LNG facilities in the coming Contract Year (d) shutdowns and maintenance planned for seller’s LNG facilities in the coming Contract Year. LNG delivery schedules may typically only be changed by mutual consent after being agreed. If a delivery schedule cannot be agreed within the timeframe laid out in the nomination section of a long term contract, a final delivery program is often set by the buyer, after taking account of seller’s available cargoes.

Noise thresholds in pipeline are relevant in so far as acoustic sensors for pinpointing the location of a gas leak from an underground gas pipeline or in the need to limit the noise of the transmission of the molecules through the pipeline – such as has been required at times by the Israeli navy – in order not to interfere with the navy’s ability to detect an offshore incident

One of the US leading independent energy companies engaged in the exploration, development, production, and marketing of crude oil and natural gas. Noble is the US partner within the Yam Tethys consortium that is the operator of the Mari field and of Tamar offshore Israel. Noble: established in 1932, Traded on the NYSE, number of employees 1,400, market worth $8 billion, debts of $6.-2 billion, owners’ equity $4.8 billion, income $3.6 billion, net profit $943.9 million.

Noble used to be called Samedan (after the two brothers Sam and Ed Noble).