Previously, steam turbines have dominated as propulsion machinery for LNG carriers, with their apparent reliability and the ease with which they can burn the boil-off gas from the ship’s cargo tanks while at sea. The low fuel efficiency of steam turbines, however, has encouraged almost all other shipping segments to switch to diesel-powered ships. As …
In a dual poroperm reservoir, fluids exist in two interconnected systems: the porous rock (called the matrix) and the highly permeable fractures in the rock. The bulk of the oil in such fields is held in the rock matrix which is of relatively low permeability compared to the fracture network. Successful production from dual poroperm …
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Investigation of audit of a potential investment. Generally, due diligence refers to the care a reasonable person should take before entering into an agreement or a transaction with another party. In the oil and gas sphere also has the duty to perform as a prudent operator with all the due diligence required to meet the …
The holder of a petroleum right shall furnish the Commissioner with samples of the rocks and fossils collected by him, but where a single sample is not capable of being divided, the holder of the petroleum right may keep it himself in his possession
A method by which a floating offshore drilling rig, or an LNG vessel, is maintained in position over an offshore well location automatically in severe weather conditions including waves of up to 16 meters and wind speed of up to 41 meters per second. Generally, several motors called thrusters are located on the hull(s) of …
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The Committee deals with the following issues: Trade and industry, supply and rationing, agriculture and fisheries, all sectors of transportation, cooperative association, economic planning and coordination, development, state concessions and trusteeship over property, the property of absentee Arabs, the property of Jews from enemy states and of Jews who are no longer alive, public works, …
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Effective permeability is the ability to preferentially flow or transmit a particular fluid through a rock when other immiscible fluids are present in the reservoir (for example, effective permeability of gas in a gas-water reservoir).
Offload capacity of the pier is 20,000 cm per hour and loading capacity of 10,000 per hour. Due to good weather conditions the port is open and operative all year round. Port has 16 tanks each of a capacity of 1,200,000 cubic meters. Port has a dedicated crude oil pier
An agreement made between a drilling company and an operating company to drill a well. It generally sets forth the obligation of each party, including method of drilling, depth to be drilled, etc.
The drilling contractor is the company that owns and operates the rig. Some of the larger companies include Schlumberger, Halliburton, Transocean, Noble Corp, Pride International, Diamond Offshore Drilling, Norway’s SeaDrill.
