Exploration Drilling in Remote Areas

2021 ◽  
Author(s):  
Fawaz A. Aziz AlKhunaizi ◽  
Muni Shankar Prudhvi ◽  
Anwar Mohamed

Abstract In order to meet the country's future energy requirements, and in particular the increased demand for electricity and water in addition to major industrial growth, Bahrain's National Oil and Gas Authority (NOGA) has taken the strategic decision to import Liquefied Natural Gas (LNG) to supplement existing local gas supplies as a long term energy policy. NOGA and the National Oil and Gas Holding Company B.S.C (c) (NH) signed project agreements in 2015 for the development of an LNG Receiving and Regasification Terminal in the Kingdom of Bahrain with an international consortium. The purpose of this paper is to shed light on this ‘first-of-its-kind’ project development in the Kingdom of Bahrain in order to highlight (i) the challenges and management of such challenges, (ii) the ultimate project/operational objectives and successful results, and (iii) lessons learnt.

Subject Yemeni oil production. Significance The oil and gas sector -- which was in any case in long-term decline, owing to a lack of investment -- suffered serious disruption after civil war broke out in March 2015, with oil, liquefied natural gas (LNG) and refining facilities closed, and ports blockaded to prevent delivery of oil products. The internationally recognised government of President Abd Rabbu Mansour Hadi has renewed efforts to encourage a recovery in oil production since late 2016, but these are hampered by the civil war and lawlessness in remote areas. Impacts Saudi Arabia and the UAE will be the main sources of oil imports, probably on concessional terms. Hydrocarbon exports will not provide sufficient finance for post-conflict reconstruction. Exports of LNG are unlikely to restart before 2020 at the earliest. A crisis of power provision will expand the market for small solar panels.


Subject Long-term energy markets outlook. Significance The International Energy Agency (IEA) has upgraded its forecast for total primary energy demand (TPED) to 2040 for the first time since it began projecting this far out in 2014. Impacts The IEA’s belief that the world is on an environmentally unsustainable path will bolster decarbonisation efforts nationally and globally. The IEA does not see oil demand peaking by 2040; this and gas’s growing share of global demand will help sustain oil and gas investment. China and India switching from coal to gas will reduce coal’s share of energy demand even though India’s official targets are optimistic.


Subject The outlook for the LNG market. Significance With major oil and gas reserves, and around 5% of global GDP, South America might in theory be expected to play an important role in the global liquefied natural gas (LNG) business. It both produces and consumes LNG, but the factors affecting LNG production and consumption are national and global rather than primarily regional. In global terms, the region is neither a major producer nor a large market. Impacts With no new LNG production or export facilities currently announced, the region will not become a major producer soon. The Panama Canal will play a key role in facilitating LNG trade around the region and globally. For countries lacking material gas production, for example Chile, LNG will continue to be a key energy source. Growing gas production in Brazil and Argentina over the medium to long term may increasingly relegate LNG consumption.


Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 4725
Author(s):  
Jacek Buko ◽  
Jarosław Duda ◽  
Adam Makowski

In countries with industrialized agriculture, the contribution of fossil energy equals or exceeds the energy provided to society in food. Poland is one of the countries which, in the absence of its own sufficient oil and gas resources, is forced to import these fossil fuels in order to benefit from modern solutions in the field of food production and distribution. This situation poses a serious threat to food security if there is a prolonged shortage of energy from such sources. Using the example of Poland, the following were identified: the causes and level of agricultural dependence on fossil fuels, energy threats to agriculture and energy source alternative to fossil fuels. The results of these considerations indicate that Poland is not a country that has irretrievably lost its ability to restore its food self-sufficiency in the event of loss of access to external sources of fossil fuels.


Subject India's efforts to make state-run oil companies more competitive at home and abroad. Significance India’s Oil and Natural Gas Corporation (ONGC), which specialises in exploration, is set to acquire a majority stake in refiner Hindustan Petroleum Corporation Limited (HPCL) by the end of the fiscal year ending March 2018. The planned consolidation of these two state-owned enterprises (SOEs) reflects the Indian government’s aim of making public sector oil companies more competitive at home and abroad, improving long-term energy security. Impacts India’s oil ministry will become increasingly involved in scrutinising oil companies’ competitiveness domestically and overseas. Any perceived privatisation of the ONGC’s assets could be met with protests by many of its 33,000 employees. The ONGC will in the long term need to diversify into a broader energy company rather than focusing only on oil and gas.


2017 ◽  
Vol 57 (2) ◽  
pp. 680
Author(s):  
Christopher John Wheeler

The availability of reliable, cost effective power and temperature control is critical to all facets of oil and gas operations around the globe. Dropping of global oil prices has had significant effects on long-term liquefied natural gas contracts. Oil and gas producers have experienced a decline in profits, and unprecedented pressure has been put on these companies to remain viable. Many marginal operators have experienced freezing of exploration budgets, delays on future planned expansions and the wind down of non-essential operations. Herein are four case studies from the oil and gas industry, which highlight several business solutions that assisted companies to stabilise their profits by starting production early, reducing operational down time and assisting process efficiencies.


2009 ◽  
Vol 10 (1) ◽  
pp. 79-91 ◽  
Author(s):  
Manuel Frondel ◽  
Christoph M. Schmidt

AbstractAlong with the oil price, concerns about the security of energy supply have soared once again in recent years. Yet, more than 30 years after the OPEC oil embargo in 1973, energy security still remains a diffuse concept. This article conceives a statistical indicator that aims at characterizing the long-term energy supply risk of nations that are heavily dependent on energy imports. Our indicator condenses the bulk of empirical information on the imports of fossil fuels originating from a multitude of export countries as well as data on the indigenous contribution to the domestic energy supply, thereby providing us with a single parameter. Applying the proposed concept to empirical energy data on Germany (1980-2004), we find that the energy supply risk has increased substantially since the 1970s. This outcome is mainly due to the drastic raise of oil and gas imports from Russia.


2013 ◽  
Author(s):  
Sara Zgheib ◽  
Stephanie Lucas ◽  
Mathieu Mequinion ◽  
Odile Broux ◽  
Damien Leterme ◽  
...  

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