OIL AND GAS RESOURCES IN THE SOUTH CHINA SEA AND ITS DEVELOPMENT STRATEGY:A REVIEW

2013 ◽  
Vol 32 (5) ◽  
pp. 137-148 ◽  
Author(s):  
Yanfen GONG ◽  
Wenbin YANG ◽  
Shudong TAN
Keyword(s):  
South China Sea ◽  
South China ◽  
Oil And Gas ◽  
The South China Sea ◽  
The South ◽  
China Sea ◽  
Oil And Gas Resources

ENERGY COOPERATION BETWEEN OIL AND GAS COMPANIES OF THE RUSSIAN FEDERATION AND VIETNAM. PROSPECTS AND CHALLENGES

2021 ◽  
pp. 110-119
Author(s):  
Gul’nar O. Khalova ◽  
◽  
Phuong Anh Nguyen ◽  
Keyword(s):  
South China Sea ◽  
Russian Federation ◽  
South China ◽  
Oil And Gas ◽  
The South China Sea ◽  
The South ◽  
Energy Cooperation ◽  
China Sea ◽  
The Russian Federation ◽  
Oil And Gas Companies

The article shows the history of the energy cooperation develop- ment between oil and gas companies (OGC) of the Russian Federation (RF) and the Socialist Republic of Vietnam (SRV) on the continental shelf of Vietnam in the South China Sea. Despite the richest reserves of natural resources and, in particular, hydrocarbons in the territory of Vietnam, slightly less than half of the potential oil reserves and about a third of the potential natural gas reserves have been explored. The desire of the Vietnamese leadership to develop rela- tions in the oil and gas sector with foreign countries has led to the attraction of foreign oil and gas companies to the search, exploration and development of oil and gas fields on the shelf of the SRV in the South China Sea. Russian oil and gas companies are among the key partners in hydrocarbon production. The article shows the spheres of cooperation between Russian and Vietnamese oil and gas companies, its prospects and risks. The authors note that not only Russian oil and gas companies operate in Vietnam, but Vietnamese oil and gas companies have also gained access to Russian fields in the Russian Federation.

Extreme Vertical Deepwater Current Profiles in the South China Sea, Offshore Borneo

2010 ◽  
Author(s):  
Rizwan Sheikh ◽  
Alison Brown
Keyword(s):  
South China Sea ◽  
South China ◽  
Oil And Gas ◽  
Extreme Event ◽  
Current Data ◽  
Empirical Orthogonal Functions ◽  
The South China Sea ◽  
The South ◽  
China Sea ◽  
Reliability Method

This paper details a study of extreme oceanographic currents at deepwater locations offshore Borneo in the South China Sea. With the global demand for oil and gas set to rise steadily over the long-term, oil and gas operators are ever more exploring deeper waters in search of reserves. Often, these finds are economically marginal and challenging from an engineering perspective. Offshore Borneo is a typical example of this, where one such challenge is the prediction of extreme current speeds. Indeed, currents in deepwater are more complex and less constant with depth. As a consequence, the vertical profile associated to an extreme event is integral in the design and safe operation of deepwater facilities. Until recent exploration little measured full-depth deepwater current data has been available. With new datasets for multiple offshore locations, current speeds through the water column are approximated using Empirical Orthogonal Functions (EOFs) and their extreme profiles derived using the inverse First Order Reliability Method (FORM). These profiles are then compared with consideration of different types of current events and used as a basis to formulate idealised deepwater design vertical current speed profiles for locations offshore Borneo that are application specific.

Pre-Tertiary oil and gas potential in the South China Sea

Energy ◽  
1985 ◽  
Vol 10 (3-4) ◽  
pp. 403-412 ◽  
Author(s):  
Henri Fontaine ◽  
Maurice Mainguy
Keyword(s):  
South China Sea ◽  
South China ◽  
Oil And Gas ◽  
The South China Sea ◽  
The South ◽  
China Sea ◽  
Gas Potential

South China Sea

2017 ◽  
Vol 2 (1) ◽  
pp. 9-24 ◽  
Author(s):  
Hui Zhong ◽  
Michael White
Keyword(s):  
South China Sea ◽  
South China ◽  
Oil And Gas ◽  
Negative Impact ◽  
The Philippines ◽  
The South China Sea ◽  
The South ◽  
China Sea ◽  
Global Commerce ◽  
The Republic

The South China Sea is a maritime space where States have overlapping claims and unsettled maritime boundaries. While driven by territorial competition for ownership of some of the islands, the core contradictions are more related to freedom of navigation. This sea is one of the world’s most important shipping, trade and energy routes, a rich potential source of sub-sea oil and gas and a major fisheries area. The Republic of the Philippines v The People’s Republic of China Arbitral Tribunal Decision of 12 July 2016 1 (the arbitral ruling) under the United Nations Convention for the Law of the Sea 1982 heightened the tensions in the area but they had previously been long standing and it merely escalated the concern that the tensions would impede or even halt regional and global commerce. This article focuses on the importance of the South China Sea and argues that if the South China Sea issue is not handled properly, it would be damaging to the exporting and the importing countries in this region in particular and worldwide trade in general. There has already been a negative impact on economic cooperation and the long term development in Southeast Asia and further tensions could be highly damaging for all of the countries concerned.

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