Coral Maritime Services Ltd. (Maritime agent in Israel)

Coral services include: coordination of all vessels, floating cranes and barges in Israel; Assistance finding / chartering adequate vessels for offshore projects; Notification and coordination of works with the Israeli Ministry of Transport; Coordination of arrival with all other relevant authorities; Daily coordination of works with  the various authorities; On line assistance to all vessels, barges and floating cranes …

Core (n)

A cylindrical sample of geological formation, usually reservoir rock, taken during or after drilling a well. Core samples are used for many studies, including the study of drilling fluids and the damage done to them. Although it is expensive and difficult to gather core, it provides valuable information (real porosity values, real permeability values, can …

Core bit

A core bit is usually a drag bit often fitted with diamond cutting structures and has a hole in the middle which allows the bit to drill around a central cylinder of rock, which is taken in through the bit and into the core barrel

Cost recovery

Under a typical production-sharing agreement, the contractor is responsible for the field development and all exploration and development expenses. In return, the contractor recovers costs (investments and operating expenses) out of the gross production stream. The contractor normally receives payment in oil production and is exposed to both technical and market risks.

Cross-subsidy; Cross subsidies; Cross-generational subsidy; Inter generational subsidy; Cross subsidization; Cost shifting

The practice of using profits generated from one product or service to support another provided by the same operating entity or the practice of charging higher prices to one group of consumers in order to subsidize lower prices for another group, effectively favorising or subsidizing the latter. Such a transfer, which is in fact an …