Kenya-Somalia maritime border feud will fester

2019 ◽  
Keyword(s):  
Content Type ◽  
Border Dispute ◽  
The Icj ◽  
Offshore Oil

Significance Nevertheless, Somalia has insisted that no specific agreements were made on the border dispute itself. Impacts While the parties have already submitted their cases, the ICJ is yet to set a hearing date and a final judgment could still take years. While offshore oil potential is believed significant, commercial reserves are not proven and past exploration inland has disappointed. Investors are unlikely to make any financial commitments to the oil prospects in question until the dispute is conclusively resolved.

Oil optimism may face headwinds in Guyana

2016 ◽  
Keyword(s):  
Oil And Gas ◽  
Oil Prices ◽  
Economic Environment ◽  
Oil Exploration ◽  
Content Type ◽  
Border Dispute ◽  
Offshore Oil And Gas ◽  
Offshore Oil ◽  
Exploration Activity

Subject The outlook for offshore oil. Significance A recent offshore oil and gas find has given Guyana hope of becoming a significant oil producer. However, while this and an earlier find are encouraging and further exploration is planned, the current uncertain economic environment and fluctuating oil prices suggest that bringing these finds into production is not guaranteed. Impacts Oil exploration activity may prompt a flare-up of the continuing border dispute with Venezuela. A major offshore oil find would have a very significant impact on Guyana's GDP of some 4 billion dollars. However, over-optimism could lead to borrowing against an expected future windfall, or the temptation to prioritise 'vanity' projects.

Kenya’s ICJ exit will entrench Somali border dispute

2021 ◽  
Keyword(s):  
Content Type ◽  
Border Dispute

Headline KENYA/SOMALIA: ICJ exit will entrench border dispute

Subsection corrosion inhibition of acidic-oxidized polymer degradant in offshore oil field

2018 ◽  
Vol 65 (5) ◽  
pp. 451-457 ◽  
Author(s):  
Yanhua Zhu ◽  
Liqiang Zhao ◽  
Pingli Liu ◽  
Ming Yang
Keyword(s):  
Corrosion Rate ◽  
Design Methodology ◽  
Corrosion Inhibitors ◽  
Corrosion Process ◽  
Oil Field ◽  
Protective Film ◽  
Content Type ◽  
Polymer Injection ◽  
N80 Steel ◽  
Offshore Oil

Purpose This paper aims to introduce a method to reduce corrosion caused by acidic-oxidized polymer degradant through subsection injection with different inhibitor. Design/methodology/approach This paper introduced a method to reduce corrosion caused by acidic-oxidized polymer degradant through subsection injection with different inhibitor. Findings The experimental results indicated that the influence of pre-corrosion status on corrosion rate and effectiveness of corrosion inhibitor are significant. The corrosion inhibitors in both injection stage inhibited the corrosion process by preventing the contact of corrosive medium and steel surface through formation of a protective film on the surface of N80 steel. The corrosion rate of polymer degradant can be reduced to 0.63 g/m 2 h through subsection injection with different inhibitor. Originality/value This result will increase the production of polymer injection plugging wells through expanding the application of acidic-oxidized polymer degradant.

Guatemala plans bold new security strategy for 2017

2017 ◽  
Keyword(s):  
Violent Crime ◽  
Security Policy ◽  
Crime Rates ◽  
Police Force ◽  
Security Strategy ◽  
Content Type ◽  
Strategy Shift ◽  
Border Dispute ◽  
Policy Shift ◽  
The Military

Subject Security strategy shift. Significance On January 5, President Jimmy Morales announced plans to withdraw the military from civilian security duties by the end of 2017. The security policy shift comes amid indications that crime rates are beginning to fall. However, a reduction of the military’s presence on the streets will see the bulk of security duties fall upon the police force, which continues to struggle with allegations of corruption and may be ill prepared for the task ahead. Impacts The government’s apparent confidence in declining crime rates will be well received by potential investors. Should it be successful, the move may encourage similar policies in neighbouring countries that struggle with violent crime. The military’s renewed focus on conventional duties may be a warning to Belize in the countries’ border dispute.

Sonangol reform will extend Angola leader's power

2016 ◽  
Keyword(s):  
Niger Delta ◽  
Oil Prices ◽  
Economic Stability ◽  
Content Type ◽  
Public Finances ◽  
Business Experience ◽  
Oil Sector ◽  
Offshore Oil

Significance Fund officials praised the government's efforts to rein in spending in response to low oil prices but said further steps were needed to ensure economic stability and improve transparency in public finances. The restructuring of state oil firm Sonangol, announced in April, will be critical for this process. Impacts Sonangol's reforms will shape business cross-regionally, given its multi-sector interests and status as one of Africa's largest companies. If certain of the firm's operations are streamlined, it could affect the livelihoods of some of its approximately 10,000 employees. The 16-billion-dollar Kaombo offshore oil project, led by Total, will prove fundamental for sustaining Angola's future oil output. Angola's status as the region's largest oil producer will persist as long as Nigerian output is reduced by Niger delta militant attacks. Isabel dos Santos's extensive business experience will bolster the investor credibility of the oil sector reforms.

Israeli-Lebanese offshore gas race may raise tensions

2017 ◽  
Keyword(s):  
Oil And Gas ◽  
Prime Minister ◽  
Political Pressure ◽  
Content Type ◽  
Oil And Gas Exploration ◽  
Offshore Oil And Gas ◽  
Political Uncertainties ◽  
Offshore Oil

Significance The bids came from Greece’s Energean, an existing investor, and a consortium of Indian firms; there was little wider international interest. Neighbouring Lebanon’s first offshore oil and gas exploration round, which closed on October 12, was similarly disappointing, with just two bids received from one consortium consisting of France’s Total, Italy’s Eni and Russia’s Novatek. Impacts Political uncertainties following the resignation of Lebanese Prime Minister Saad al-Hariri could slow hydrocarbons exploration. The Lebanese government will be under domestic political pressure from NGOs to ensure transparency in its award of exploration licences. Israel will launch further bid rounds for the remaining blocks, but these are unlikely to produce a different result.

China-India border standoff will simmer until it snows

2017 ◽  
Keyword(s):  
Current Position ◽  
Content Type ◽  
China And India ◽  
Border Dispute

Subject China-India border dispute at the tri-junction with Bhutan. Significance The current border spat between China and India over disputed territory on the Doklam plateau began in early June. On August 2, Beijing issued a new 15-page bulletin -- which Delhi has indicated it will ignore -- demanding the 'unconditional withdrawal' of the Indian Army from its current position. Neither side will wish to be seen 'backing down', and brinkmanship inevitably brings the risk of violence. Impacts India may express stronger opposition to the China-Pakistan Economic Corridor. As China's military relationship with Pakistan deepens, any Indian conflict with Pakistan could prompt intervention by China. India will bolster its diplomatic ties with Japan and Australia.

Oil outlook could challenge Guyana's policy capacity

2018 ◽  
Keyword(s):  
Foreign Investment ◽  
Oil Production ◽  
Oil Price ◽  
Economic Management ◽  
Content Type ◽  
Policy Capacity ◽  
Oil Development ◽  
Potential Impact ◽  
Offshore Oil

Subject Oil development in Guyana. Significance In 2017 ExxonMobil announced the development of a major offshore oil find in Guyana. The news has been welcomed in Guyana, but there are concerns about the potential impact that developing significant oil production will have on the country’s economy, society and environment. Impacts This development and future oil advances could attract foreign investment if the international oil price remains near current levels. The prospect of Guyana becoming a successful oil producer/exporter will be a source of tension with Venezuela. Transparency and effective economic management may prove difficult to achieve. The fluctuating oil price will affect governments’ ability to budget effectively.

Courts will slow Trump's push for energy deregulation

2017 ◽  
Keyword(s):  
Fuel Efficiency ◽  
Content Type ◽  
White House ◽  
Oil Drilling ◽  
Pricing Scheme ◽  
Fossil Fuel Industry ◽  
Energy Deregulation ◽  
Fuel Industry ◽  
Offshore Oil ◽  
Trump Administration

Significance The Trump administration has targeted rules and regulations implemented by former President Barack Obama's government on the environment and climate change as he looks to boost the US fossil fuel industry. The White House has sought to expand offshore oil drilling, revoke the Clean Power Plan, cut environmental rules for coal producers and reduce fuel efficiency standards. Impacts Pro-extraction EPA aides will push Administrator Scott Pruitt’s deregulatory agenda despite his recusal from certain cases. Companies developing pipeline and liquefied natural gas export projects are likely to see faster approvals under the Trump administration. Reopening offshore drilling areas could benefit offshore seismic imaging companies, which is the first step to exploring frontier regions. Republican ideological opposition to federal regulation will foil any attempt to implement a market-friendly carbon pricing scheme.

Security will drive enhanced Guatemala-Belize links

2015 ◽  
Keyword(s):  
Economic Development ◽  
Violent Crime ◽  
Organised Crime ◽  
Security Cooperation ◽  
Content Type ◽  
Bilateral Relationship ◽  
Bilateral Relations ◽  
Border Dispute ◽  
Border Areas

Subject The Guatemala-Belize bilateral relationship. Significance On December 17, the governments of Guatemala and Belize signed 13 agreements to boost economic and security cooperation. Common challenges, chiefly violent crime and joint economic development, are driving closer cooperation, while a boundary dispute that has soured bilateral relations for decades remains unresolved. Impacts The border dispute will remain encapsulated in order to allow a common approach to economic development in border areas. Mobility of workers and students between the two countries will increase. Both countries will also work towards regional initiatives regarding the combating of organised crime.

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