Middle East opens up to increased oil and gas exploration opportunities

First Break ◽  
2005 ◽  
Vol 23 (11) ◽  
Author(s):  
J. Craig

Subject The Lebanon-Israel maritime border dispute. Significance President Michel Aoun in September told David Schenker, the incoming US assistant secretary of state for the Middle East, of the importance of US mediation between Lebanon and Israel to settle their maritime border dispute. Prime Minister Saad al-Hariri had said during a visit to Washington in August he hoped the issue would be resolved this month. Lebanon has been trying to promote offshore gas exploration and recognises that the lack of settled boundaries with Israel is a major disincentive for investors as it tries to encourage bids for offshore exploration blocks. Impacts Protracted Israeli coalition talks will preclude any engagement on their side for some weeks. Recent clashes between Israeli forces and Hezbollah will add an extra complication. Both sides will press their claims with provocative actions in the disputed area such as deploying naval vessels or approving exploration. The dispute's lack of resolution will not hinder most oil and gas exploration activity in either Lebanese or Israeli waters.


2012 ◽  
Vol 619 ◽  
pp. 302-305
Author(s):  
Hong Yan Wang ◽  
Wen Sheng Xiao ◽  
Xiu Juan Lin ◽  
Xian Feng Wang

Considering the pollution on the environment using dynamite source in oil and gas exploration, harm and damage to people and building, the vehicle mounted hammer source which can replace dynamite source is presented. This paper describes briefly the basic structure and working principles of the vehicle mounted hammer source. A typical pneumatic circuit is researched and designed. And the pneumatic circuit is designed with the powerful functions of PLC, the hardware and software design are introduced. The system has advantages of strong striking force, high velocity, small gas consumption, simple structure and convenient control.


2018 ◽  
Vol 58 (2) ◽  
pp. 557
Author(s):  
Barry A. Goldstein

Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence (Adams 1770). Some people unfamiliar with upstream petroleum operations, some enterprises keen to sustain uncontested land use, and some people against the use of fossil fuels have and will voice opposition to land access for oil and gas exploration and production. Social and economic concerns have also arisen with Australian domestic gas prices tending towards parity with netbacks from liquefied natural gas (LNG) exports. No doubt, natural gas, LNG and crude-oil prices will vary with local-to-international supply-side and demand-side competition. Hence, well run Australian oil and gas producers deploy stress-tested exploration, delineation and development budgets. With these challenges in mind, successive governments in South Australia have implemented leading-practice legislation, regulation, policies and programs to simultaneously gain and sustain trust with the public and investors with regard to land access for trustworthy oil and gas operations. South Australia’s most recent initiatives to foster reserve growth through welcomed investment in responsible oil and gas operations include the following: a Roundtable for Oil and Gas; evergreen answers to frequently asked questions, grouped retention licences that accelerate investment in the best of play trends; the Plan for ACcelerating Exploration (PACE) Gas Program; and the Oil and Gas Royalty Return Program. Intended and actual outcomes from these initiatives are addressed in this extended abstract.


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