Davis Strait is a northern arm of the Labrador Sea. It lies between mid-western Greenland and Nunavut, Canada's Baffin Island. To the north is Baffin Bay. The strait was named for the English explorer John Davis (1550–1605), who explored the area while seeking a Northwest Passage. By the 1650s it was used for whale hunting.
Hydrocarbon exploration is the search by petroleum geologists and geophysicists for hydrocarbon deposits beneath the Earth's surface, such as oil and natural gas. Oil and gas exploration are grouped under the science of petroleum geology.
Abiogenic petroleum origin is a body of hypotheses which propose that petroleum and natural gas deposits are mostly formed by inorganic means, rather than by the decomposition of organisms. Thomas Gold's deep gas hypothesis states that the origin of some natural gas deposits were formed out of hydrocarbons deep in the earth's mantle. Theories explaining the origin of petroleum as abiotic, however, are generally not well accepted by the scientific community.
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company deliver's the majority of the country's crude oil production and natural gas supply, but above all it focus's on delivering excellence, growth and sustainable value creation within and well beyond our industry.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum (oil) is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The extreme monetary value of oil and its products has led to it being known as "black gold". The industry is usually divided into three major components: upstream, midstream, and downstream.
The Brae field is a Scottish oil field. The name comes from a Scots language word for hillside. The Fields are operated by Marathon Oil and are located in UKCS block 16/7a. Three accumulations total about 70 million tonnes of oil liquids and a further 22 cubic kilometres of gas. The main platforms currently produce from underlying reserves, with regular infill drilling to identify and exploit undrained pockets in the Brae stratigraphy. A number of subsea tieback fields in the area produce through facilities on the platforms, extending their viability into the future. Gas is exported to St Fergus, Scotland via the SAGE pipeline system and oil is exported via the Forties system.
Eni S.p.A. is an Italian multinational oil and gas company headquartered in Rome. Considered one of the global supermajors, it has operations in 79 countries, and is currently world's 11th largest industrial company with a market capitalization of 68 billion euros, as of August 14, 2013. The Italian government owns a 30.303% golden share in the company, 3.934% held through the state Treasury and 26.369% held through the Cassa Depositi e Prestiti. Another 2.012% of the shares are held by the People's Bank of China. The company is a component of the Euro Stoxx 50 stock market index.
A petroleum reservoir or oil and gas reservoir is a subsurface pool of hydrocarbons contained in porous or fractured rock formations. Petroleum reservoirs are broadly classified as conventional and unconventional reservoirs. In case of conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability. While in unconventional reservoirs the rocks have high porosity and low permeability which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods.
Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership.
Edison S.p.A is an energy company in the field of electricity and natural gas headquartered in Milan, Italy. The company was established in 1884. Edison employs about 4,000 people in Europe, Africa and the Middle East. Chairman of the board is Jean-Bernard Lévy and chief executive officer is Bruno Lescoeur.
Sergio Mattarella is an Italian politician, lawyer and academic serving as the 12th and current President of Italy since 2015. He was previously Minister for Parliamentary Relations from 1987 to 1989, Minister of Public Education from 1989 to 1990, Deputy Prime Minister of Italy from 1998 to 1999 and Minister of Defence from 1999 to 2001. In 2011, he became an elected judge on the Constitutional Court. On 31 January 2015, he was elected by the Italian Parliament to serve as President of the Italian Republic.
The Muglad Basin is a large rift basin in Northern Africa. The basin is situated within southern Sudan and South Sudan, and it covers an area of approximately 120,000 square kilometres (46,000 sq mi) across the two nations. It contains a number of hydrocarbon accumulations of various sizes, the largest of which are the Heglig and Unity oil fields. During the 1960s and 1970s, Chevron made the first oil discoveries in the basin near the towns of Bentiu, Malakal, and Muglad. Taken together, the Muglad and Melut rift basins account for the majority of Sudan's known oil reserves.
Krishna Godavari Basin is a peri-cratonic passive margin basin in India. It is spread across more than 50,000 square kilometres in the Krishna River and Godavari River basins in Andhra Pradesh. The site is known for the D-6 block where Reliance Industries discovered the biggest natural gas reserves in India in 2003
The Ombrina Mare oil field is an oil field located off shore Abruzzo. It was discovered in 2007 and developed by Mediterranean Oil & Gas. At the moment being the Italian government blocked the projects in the area, since the oil field lies at less than 12 miles from the coastline. The total proven reserves of the Ombrina Mare oil field are around 166 million barrels (29.38×106tonnes), and production is centered on 13,650 barrels per day (2,170 m3/d).
Albpetrol is an Albanian upstream petroleum production and marketing company, which also monitors state petroleum agreements in Albania. Its stock is owned by the Albanian state. The company is headquartered in Patos and has a representative office in Tirana. The CEO of Albpetrol is Mr. Dritan Spahiu. Albpetrol is managing 1350 oil wells in the existing settlements of Patos, Ballsh, Karbunarë, Kuçovë, Gorisht-Kocul, Cakran-Mollaj and Amonicë.
The Energy Triangle is a natural gas extraction plan between the three allied countries Cyprus, Israel and Greece. The three countries agreed to use the gas fields Tamar, Leviathan, and Aphrodite; found in 2009, 2010, and 2011 respectively. About 40 trillion cubic feet (tcf) of natural gas were found between Cyprus and Israel, giving both countries an upper hand in the trading business within the region. Europe requires 19 tcf of natural gas a year and the Cypriot government believes that its Exclusive Economic Zone (EEZ) holds 60 tcf; Cyprus pursued this financially beneficial option for the Energy Triangle to provide energy for the European Union.
Reed Bank, also known as Reed Tablemount, Recto Bank and several other names, is a large tablemount in the South China Sea in the NE of Dangerous Ground and the NE of the Spratly Islands. It covers an area of 8,866 square kilometres (3,423 sq mi), but with depths between 9 and only 45 meters. The submerged but hydrocarbon-rich area includes Nares Bank and Marie Louise Bank.
Rex International Holding is an oil and gas company headquartered in Singapore. The company's main activity is in offshore oil exploration in assets located in Oman and Norway. The company also holds stakes in onshore assets in Trinidad & Tobago and the US.
