scholarly journals Off-shore enhanced oil recovery in the North Sea: The impact of price uncertainty on the investment decisions

Energy Policy ◽  
2017 ◽  
Vol 101 ◽  
pp. 123-137 ◽  
Author(s):  
T. Compernolle ◽  
K. Welkenhuysen ◽  
K. Huisman ◽  
K. Piessens ◽  
P. Kort
2011 ◽  
Vol 68 (5) ◽  
pp. 961-971 ◽  
Author(s):  
Alex N. Tidd ◽  
Trevor Hutton ◽  
Laurence T. Kell ◽  
Gurpreet Padda

Abstract Tidd, A. N., Hutton, T., Kell, L. T., and Padda, G. 2011. Exit and entry of fishing vessels: an evaluation of factors affecting investment decisions in the North Sea English beam trawl fleet. – ICES Journal of Marine Science, 68: 961–971. A profitable fishery attracts additional effort (vessels enter), eventually leading to overcapacity and less profit. Similarly, fishing vessels exit depending on their economic viability (or reduced expectations of future benefits) or encouraged by schemes such as decommissioning grants and/or when there is consolidation of fishing effort within a tradable rights-based quota system (e.g. individual transferable quotas). The strategic decision-making behaviour of fishers in entering or exiting the English North Sea beam trawl fishery is analysed using a discrete choice model by integrating data on vessel characteristics with available cost data, decommissioning grant information, and other factors that potentially influence anticipated benefits or future risks. It is then possible to predict whether operators choose to enter, stay, exit, or decommission. Important factors affecting investment include vessel age and size, future revenues, operating costs (e.g. fuel), stock status of the main target species, and the impact of management measures (e.g. total allowable catches) and total fleet size (a proxy for congestion). Based on the results, the predicted marginal effects of each factor are presented and the impact of each is discussed in the context of policies developed to align fleet capacity with fishing opportunities.


2018 ◽  
Vol 8 (4) ◽  
pp. 1373-1387 ◽  
Author(s):  
Afeez O. Gbadamosi ◽  
Joseph Kiwalabye ◽  
Radzuan Junin ◽  
Agi Augustine

2019 ◽  
Vol 58 (2) ◽  
pp. 315-337 ◽  
Author(s):  
Thomas Cogswell

AbstractHistorians have not paid close attention to the activities of freebooters operating out of Dunkirk in the late 1620s. This essay corrects that omission by first studying the threat from Dunkirk to England's east coast and then addressing how the central government, counties, and coastal towns responded. A surprisingly rich vein of manuscript material from Great Yarmouth and particularly from the Suffolk fishing community of Aldeburgh informs this case study of the impact of this conflict around the North Sea.


2016 ◽  
Vol 13 (3) ◽  
pp. 841-863 ◽  
Author(s):  
H. Brenner ◽  
U. Braeckman ◽  
M. Le Guitton ◽  
F. J. R. Meysman

Abstract. It has been previously proposed that alkalinity release from sediments can play an important role in the carbonate dynamics on continental shelves, lowering the pCO2 of seawater and hence increasing the CO2 uptake from the atmosphere. To test this hypothesis, sedimentary alkalinity generation was quantified within cohesive and permeable sediments across the North Sea during two cruises in September 2011 (basin-wide) and June 2012 (Dutch coastal zone). Benthic fluxes of oxygen (O2), alkalinity (AT) and dissolved inorganic carbon (DIC) were determined using shipboard closed sediment incubations. Our results show that sediments can form an important source of alkalinity for the overlying water, particularly in the shallow southern North Sea, where high AT and DIC fluxes were recorded in near-shore sediments of the Belgian, Dutch and German coastal zone. In contrast, fluxes of AT and DIC are substantially lower in the deeper, seasonally stratified, northern part of the North Sea. Based on the data collected, we performed a model analysis to constrain the main pathways of alkalinity generation in the sediment, and to quantify how sedimentary alkalinity drives atmospheric CO2 uptake in the southern North Sea. Overall, our results show that sedimentary alkalinity generation should be regarded as a key component in the CO2 dynamics of shallow coastal systems.


Author(s):  
Ann Muggeridge ◽  
Andrew Cockin ◽  
Kevin Webb ◽  
Harry Frampton ◽  
Ian Collins ◽  
...  

Enhanced oil recovery (EOR) techniques can significantly extend global oil reserves once oil prices are high enough to make these techniques economic. Given a broad consensus that we have entered a period of supply constraints, operators can at last plan on the assumption that the oil price is likely to remain relatively high. This, coupled with the realization that new giant fields are becoming increasingly difficult to find, is creating the conditions for extensive deployment of EOR. This paper provides a comprehensive overview of the nature, status and prospects for EOR technologies. It explains why the average oil recovery factor worldwide is only between 20% and 40%, describes the factors that contribute to these low recoveries and indicates which of those factors EOR techniques can affect. The paper then summarizes the breadth of EOR processes, the history of their application and their current status. It introduces two new EOR technologies that are beginning to be deployed and which look set to enter mainstream application. Examples of existing EOR projects in the mature oil province of the North Sea are discussed. It concludes by summarizing the future opportunities for the development and deployment of EOR.


2021 ◽  
Author(s):  
Bolin Xu ◽  
Qing He ◽  
Kwok Pan Chun ◽  
Julian Klaus ◽  
Rémy Schoppach ◽  
...  

<p>Teleconnections relate regional pressure patterns to local climate anomalies, influencing the variation of vegetation patterns. Over west continental Europe, droughts have been widely investigated with persistent low-frequency atmospheric circulation patterns (e.g. the North Atlantic Oscillation, NAO) with the centers over the Atlantic based on the 500mb height anomalies of the Northern Hemisphere. However, the effects of teleconnection patterns with the centers of active variability over the North and Caspian Seas is largely unexplored for droughts related to vegetation patterns. In this study, we explored the impact of the North Sea-Caspian Pattern (NCP) on regional ecohydrologic conditions in the Greater Region of Luxembourg in Western Europe. Using a Principal Component Analysis (PCA), we first decomposed the annual Normalized Difference Vegetation Index (NDVI) from the Global Inventory Monitoring and Modeling System (GIMMS) between 1981 and 2015. In the first PCA component, a distinctive greening trend of NDVI is detected since the late 1980s. However, the corresponding station observations and the ERA5 reanalysis data show that the region in west continental Europe became increasingly drier based on the difference between precipitation and evaporation. We explain the above paradoxical greening but drying patterns by the mechanism of NCP over the region. During the positive phase of NCP, the high pressure over the North Sea weakens circulation over the region and leads to warmer conditions in west continental Europe. These conditions are good for vegetation growth because the region was mainly energy-limited during the observed period at the annual scale based on a Budyko analysis. However, the positive phase of NCP also promotes divergent conditions at the lower troposphere and it reduces moisture flux over the region. In the Budyko space, the persistent positive phase of NCP would lead the energy-limited region to be water-limited. As the positive phase of NCP is expected to be more frequent along with the increasing global temperatures, the region may start to experience increasing water stress on vegetation. These results suggest that unforeseen droughts related to vegetation may be emerging in the region. New drought monitoring and management measures related to vegetation should be developed at west continental Europe, especially during the positive phase of NCP.</p>


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