Category: Oil and Gas business

The depth in a vertical hole at which a deviated or slant hole is started; used in directional drilling

A human made structure built at right angles to a coastline and extending into the water. Jetties include coal jetties, fuel jetties, LNG jetties, etc.

An employee of an oil company whose primary duties are formulating and carrying out exploration strategies and managing an oil company’s relations with its landowners and partners, including securing and administering oil and gas leases and other agreements

Well whose orientation and inclination are determined to reach an area not directly below the well.

Method of pipelaying that utilizes an almost vertical launch ramp, making the pipe configuration resemble a ‘J’. This configuration is suited to deep-water pipe laying

Carriers that are employed in international crude oil trade. The size of tanker that can be used in any trade (commercial voyage between a port of origin and destination) is dependent on the tanker’s length and loaded depth and the size of the loading and unloading ports. The larger ships are used because they reduce the cost to transport a barrel of crude oil. A VLCC is a tanker of 150,000 to 300,000 dwt. VLCC of 250 KT is the largest capacity that can be accommodated in Israeli ports

Is the first and the sturdiest joint of the drill column. It is a thick wall, hollow steel forging with two flat sides and two rounded sides that fits into the square hole in the rotary table that rotates the kelly joint and the drill column.

Drilling activities offshore Israel need to be coordinated with the Israeli navy and the Ministry of National Infrastructure as well as the Shipping and Ports Administration within the Ministry of Transport