Canadian Arctic Offshore Oil and Natural Gas and European Union Energy Diversification: Towards a New Perspective?

2016 ◽  
Author(s):  
Jerome Dean Davis ◽  
Kamrul Hossain ◽  
Timo Koivurova
2017 ◽  
Vol 16 (3 (2017)) ◽  
pp. 261-283
Author(s):  
Evangelos Siskos ◽  
Konstantia Darvidou

Most European Union and Black Sea Economic Cooperation countries are net importers of petroleum and natural gas. Searching for new deposits and construction of new pipelines can improve energy security in the region. The problem is topical for Greece which has a developed refinery industry and needs to improve its trade balance to repay the accumulated external and public debt. Several new pipeline initiatives through Greece can support relations between the EU and BSEC countries. The paper provides previous research review about energy dependency and the effects of trade, production and transportation of hydrocarbons. Next we provide analysis of the effect of the trade on balance of payments in both the EU and BSeC countries. Import dependency of GDP on oil and natural gas is especially large in Malta, Georgia, Ukraine, Serbia and Latvia. On the other hand Russia and Azerbaijan are large net exporters of hydrocarbons. Then we analyse the impact of mining on labour market and refinery industry development. On average larger value added in mining leads to larger employment at least for males and middle age group of people. But the effect largely varies across countries and time periods. Together with construction of new pipelines growth of extraction can result in dozens of thousands of new jobs in Greece. There is a close link between value added in mining and compensation of employees in that industry. We have found evidence that the clustering effect between mining and manufacture of refined petroleum products and coke exists only in some EU countries.


2009 ◽  
Vol 61 (4) ◽  
pp. 515-535
Author(s):  
Stevan Rapaic

The author deals with energy market in Europe by presenting the gross consumption of energy as well as production of energy within the European Union. The need of EU for natural gas and crude oil is one of the main factors why Russia is still the key player in Europe's energy market. European Union is trying to leave Russia behind by importing crude oil and natural gas from countries like Norway, Saudi Arabia, Algeria, Libya, Nigeria, Iraq, but Europe is still highly dependent of Russian energy. Considering these facts, Serbia recognizes that its economic and political interest is to become a strategic partner with European Union as transit country for Russia's natural gas and crude oil. .


Subject Indian-Israeli cooperation in defence trade and manufacturing. Significance Indian Prime Minister Narendra Modi’s visit to Israel in July raised relations between the two countries to what was described in a joint statement as a "strategic partnership". Defence cooperation featured in talks between Modi and his Israeli counterpart Binyamin Netanyahu. Impacts India will struggle to meet its target of reducing imported defence products by 40% within the next ten years. India’s Oil and Natural Gas Corporation is likely to bid for Israeli offshore oil-and-gas exploration blocks. Closer relations between India and Iran may raise concerns in Israel.


2014 ◽  
Vol 508 ◽  
pp. 125-128
Author(s):  
Jian Fang ◽  
Qing Hua Yu ◽  
Lu Xu

CNOOC laid offshore oil and natural gas pipelines for offshore drilling platforms. The engineering included laying the pipelines from offshore drilling platform to landing zone, laying the pipelines between two platforms, and installing vertical pipes for platforms. Aiming at the characteristics in the diving project management, this paper analyzes and evaluates the difficulties and risks of underwater work, puts forward the corresponding safety managements. These measures ensure the underwater operations safely and smoothly. The engineering lasts 195 days, uses 160 diving equipments, and dives 282 person-times. The total diving time is 17900 minutes, and the maximum diving depth is 70 meters.


1980 ◽  
Vol 34 (3) ◽  
pp. 377-403 ◽  
Author(s):  
M. J. Peterson

Sometime between now and 1991, the international community will have to consider creating a new legal regime for Antarctica. Until recently, the “cold continent” and its legal regime were the concerns of a few scientists, fishermen, and legal specialists. Now, with new information on the extent of Antarctic resources, concern that present supplies of raw materials, fuels, and food are limited, and improvement of cold weather extraction technology, a broader group of policymakers, entrepreneurs, scientists, and environ-mentalists are paying attention to Antarctica. Experts now believe that exploratory drilling for offshore oil and natural gas is only a decade away. Though commercial extraction is farther in the future, and commercial exploitation of land-based minerals is unlikely in the next thirty years, speculation about Antarctica's natural wealth has aroused wide interest. There remain formidible obstacles to all these activities, but recent work in the oceans suggests that these plans might materialize earlier than now expected, and that a legal regime capable of dealing with resource activities should be in place before they begin.


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