Category: Oil and Gas business

The area where a Marine Mammal Observer keeps watch for marine mammals and delays the start of activity should any marine mammals be detected.

 

Sulfur, mainly in thiophene compounds, a material that is used by the electronics, cosmetics and pharmaceutical industries, which the company is considering to extract in order to diversify its sources of income.

A long-term schedule commonly used in the liquefied natural gas (LNG) industry for optimising inventory and delivery planning.

Under the Israeli petroleum law, a petroleum discovery is defined as:

The land and all geologic formations underlying it beneath which is a known accumulation of petroleum capable of being produced in commercial quantities. “

Commercial quantities, under the Petroleum Law is defined as “quantities of petroleum sufficient to permit production thereof on a commercial basis.”