WTO Accession Brings Opportunities, Challenges to CNOOC and Corresponding Countermeasures

2012 ◽  
Vol 433-440 ◽  
pp. 1492-1496
Author(s):  
Xin Huang ◽  
Nan Jun Lai
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Oil And Gas ◽  
Market Competition ◽  
Petroleum Industry ◽  
Economic Globalization ◽  
Direct Impact ◽  
The World ◽  
Offshore Oil And Gas ◽  
Offshore Oil

China join in WTO means that China petroleum industry will be integrated into economic globalization also means that China petroleum industry will have a direct impact by market competition. As being Chinese’s largest offshore oil and gas producer, China National Offshore Oil Corporation must take active measures to deal with the opportunities and challenges brought by joining the World Trade Organization.

Legislation On Oil Pollution Prevention And Control During Petroleum Production

1988 ◽  
pp. 1-6 ◽  
Author(s):  
Dr. Abu Azam Md. Yassin
Keyword(s):  
Prevention And Control ◽  
Oil And Gas ◽  
Oil Pollution ◽  
Pollution Prevention ◽  
The World ◽  
Pollution Prevention And Control ◽  
Offshore Oil And Gas ◽  
And Control ◽  
Offshore Oil ◽  
And Storage

Malaysia has long been victim of oil pollution well before the start of her own offshore exploitation of oil. With the effort to exploit offshore oil and gas, Malaysia has now become causer of pollution herself. Legislation existed for oil pollution prevention and control, along each and every stage of offshore petroleum operations which include exploration, development, production, transportation, treatment and storage. But procedures to explain the existing legislation is lacking and hence it is important to expound the existing legislation for controlling and preventing oil pollution from offshore operation in line with current practices around the world.

Embracing Australia's decommissioning liability

2021 ◽  
Vol 61 (2) ◽  
pp. 495
Author(s):  
Andrew Taylor ◽  
Stephen Stokes
Keyword(s):  
Cost Reduction ◽  
Service Sector ◽  
Oil And Gas ◽  
Technology Development ◽  
Collaboration Technology ◽  
Group Of Seven ◽  
The United Kingdom ◽  
The World ◽  
Offshore Oil And Gas ◽  
Offshore Oil

Improving visibility of when and where oil and gas assets are approaching end of life has provided the foundation for transformation of decommissioning planning and execution around the world. A baseline understanding of decommissioning established by Oil and Gas UK fed into the much lauded Maximising Economic Recovery strategy, and provided a platform for government to pursue a 35% cost reduction target for decommissioning in the United Kingdom. In the Netherlands, one of the first four priorities pursued to maximise value through decommissioning was the establishment of a national decommissioning database, which aimed to create an integrated view of decommissioning scope and timelines. In 2020, funded by NERA and a group of seven operators, Advisian delivered the first operator-supported assessment of Australia's decommissioning liability and outlook. This outlook lays the foundation for initiatives that support knowledge sharing, service sector engagement, collaboration, technology development, efficiency and reduced stakeholder burden. This joint presentation by NERA and Advisian will provide an overview of NERA's decommissioning strategy and the data that underpins this strategy, the Advisian ‘Offshore Oil and Gas Decommissioning Liability' assessment for Australia.

Extraction Not Creation: The History of Offshore Petroleum in the Gulf of Mexico

2007 ◽  
Vol 8 (2) ◽  
pp. 227-267 ◽  
Author(s):  
Tyler Priest
Keyword(s):  
Gulf Of Mexico ◽  
Oil And Gas ◽  
Petroleum Industry ◽  
Oil And Gas Development ◽  
The Social ◽  
History Of ◽  
Offshore Oil And Gas ◽  
Offshore Development ◽  
Offshore Oil ◽  
Offshore Petroleum

Offshore development is one of the most important but least analyzed chapters in the history of the petroleum industry, and the Gulf of Mexico is the most explored, drilled, and developed offshore petroleum province in the world. This essay examines offshore oil and gas development in the Gulf of Mexico, highlighting the importance of access and how the unique geology and geography of the Gulf shaped both access and technology. Interactions between technology, capital, geology, and the political structure of access in the Gulf of Mexico generated a functionally and regionally complex extractive industry that repeatedly resolved the material and economic contradictions of expanding into deeper water. This was not achieved, however, simply through technological miracles or increased mastery over the environment, as industry experts and popular accounts often imply. The industry moved deeper only by more profoundly adapting to the environment, not by transcending its limits. This essay diverges from celebratory narratives about offshore development and from interpretations that emphasize the social construction of the environment. It challenges the storyline of market-driven technology and its miraculous ability to expand and create petroleum abundance in the Gulf.

scholarly journals Old Oil Rigs Never Die

2019 ◽  
Vol 141 (11) ◽  
pp. 36-41
Author(s):  
Lina Zeldovich
Keyword(s):  
Oil And Gas ◽  
State Of The Art ◽  
Oil Wells ◽  
Engineering Project ◽  
The World ◽  
Offshore Oil And Gas ◽  
Pumping Equipment ◽  
Offshore Oil

Abstract Offshore oil and gas platforms are among the largest structures humanity has ever built. There are more than 7,500 of them towering up from seas all over the world, according to some recent estimates. As wells dry up and pumping equipment wears down, those structures are likely to become obsolete in the upcoming decades. Those oil wells will have be decommissioned and capped off and the platforms taken down. But taking down an offshore oil platform and the tower that supports it is no simple assignment. It is a massive engineering project that requires state-of-the-art equipment.

scholarly journals Canada-Nova Scotia Offshore Agreement: One Year Later

1984 ◽  
Vol 22 (1) ◽  
pp. 132 ◽  
Author(s):  
G. J. Doucet, Q.C.
Keyword(s):  
Resource Management ◽  
Nova Scotia ◽  
Oil And Gas ◽  
Petroleum Industry ◽  
Revenue Sharing ◽  
Regulatory Framework ◽  
Scotian Shelf ◽  
Offshore Oil And Gas ◽  
One Year ◽  
Offshore Oil

The Canada Nova Scotia Agreement on Offshore Oil and Gas Resource Management and Revenue Sharing has been in effect since March 1, 1982. After one year of operation, the Agreement has been renewed to consider whether the legal and regulatory framework is onductive to propert offshore managemen and also to determine the Agreement's general impact on the petroleum industry on the Scotian Shelf.

BEIJING JEEP AT A CROSSROADS: FACING THE CHALLENGE OF CHINA'S ENTRY INTO THE WTO

2001 ◽  
Vol 05 (01) ◽  
pp. 1-26 ◽  
Author(s):  
Michael N. Young ◽  
Justin Tan
Keyword(s):  
United States ◽  
World Trade Organization ◽  
World Trade ◽  
Joint Venture ◽  
The United States ◽  
Direct Impact ◽  
Preferential Treatment ◽  
Short Life ◽  
Chinese Enterprise ◽  
The World

Beijing Jeep Corporation (BJC) was founded in 1984 as one of the first and largest joint venture between an American company (American Motors Corporation) and a Chinese enterprise. Early in its operation, BJC had been given preferential treatment on tariffs and foreign exchange. Since over forty percent of the content of BJC was produced in China, it had operated as a local manufacturer under heavy protection from imports for all of its short life. All this appeared to be on the brink of changing when trade negotiators for the United States and China announced, after thirteen years of on and off negotiations, the agreement on the terms for China's entry into the World Trade Organization. The terms of the agreement called for a steep reduction in tariffs for imported automobiles from nearly one hundred percent to twenty-five percent by 2006. This would have a direct impact on BJC performance. The case focuses on the strategic challenges facing companies in the changing trade and economic environment.

MINDING THE GAPS—IDENTIFYING AND FILLING HOLES IN OFFSHORE OIL AND GAS INDUSTRY PROTECTIVE SECURITY

2006 ◽  
Vol 46 (1) ◽  
pp. 651
Author(s):  
J.T. Oldfield ◽  
L.F. Horsington ◽  
D.I. Steel
Keyword(s):  
Federal Government ◽  
Oil And Gas ◽  
Petroleum Industry ◽  
Oil And Gas Industry ◽  
Economic Stability ◽  
Gas Industry ◽  
Physical Attack ◽  
Near Term ◽  
Offshore Oil And Gas ◽  
Offshore Oil

The Federal Government, mindful of the pivotal importance of reliable supplies of oil and gas for the economic stability of the nation, has recently passed the Maritime Transport Security Amendment Act 2005. This introduces a security plan for Australia’s offshore oil and gas facilities aimed at combating the likelihood of physical attack by terrorists or other organisations.Here we discuss that security plan, and identify potential gaps of especial significance for the petroleum industry. Our focus is on the intelligence, surveillance and reconnaissance (ISR) capabilities represented by presently available technologies such as unmanned aerial vehicles (UAVs) plus commercial and allied-government satellites. In this discussion we dispel various myths (for example, the fiction of continuously-available real-time imagery).Next we consider the near-term future (next five-to-ten years) and analyse the improved ISR capabilities that will result from the burgeoning technologies being introduced during that period. These include the next generation of UAVs (including high-altitude long-endurance platforms) and also continuous (but limited resolution) imagery of the whole globe obtained from geostationary orbit. Again we identify potential security gaps that are pertinent from the perspective of the petroleum industry.On the basis of our capability gap identification we make recommendations with regard to evolving security concerns that the petroleum industry may wish to consider for submission to the Federal Government: given what ISR science, technology and engineering can deliver, what could be done on a whole-of-nation basis to optimise the defence of our offshore facilities?Finally, we outline the modelling and simulation capabilities that are available specifically to aid such organisations as the Department of Defence and Coastwatch in efforts to anticipate and thus efficiently and effectively ameliorate the potential for such attacks. These may well be of interest to the industry in that they underpin the analysis mentioned above, and inform what could and perhaps should be done to lessen the risk posed to the nation’s petroleum industry.

scholarly journals CORRELATION OF THE NATIONAL AND FOREIGN NOMENS IN MODERN OIL AND GAS TERMS (A CASE STUDY OF “THE ENCYCLOPEDIK DICTIONARY OF OFFSHORE OIL AND GAS TECHNOLOGIES”)

2019 ◽  
pp. 79-87
Author(s):  
I. V. Mahrytska
Keyword(s):  
Statistical Analysis ◽  
Oil And Gas ◽  
Vocabulary Development ◽  
Petroleum Industry ◽  
Negative Consequences ◽  
Loan Words ◽  
Offshore Oil And Gas ◽  
Offshore Oil ◽  
The Impact

The article deals with the statistical analysis of the content of Ukrainian and borrowed nomens in the oil and gas terminology, defines the major languages – sources of enriching the terminology of petroleum industry, outlines negative consequences of the impact of loan words on specialized vocabulary development, provides the arguments in favour of creating and using the specific Ukrainian equivalents to the borrowed terms. 

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