Search results
Results from the WOW.Com Content Network
This marked the beginning of Odyssey’s transition into a mineral exploration company. Odyssey later executed a charter agreement with Chatham Rock Phosphate to undertake site investigation work for its offshore permit area on the Chatham Rise. [3] Odyssey also owns a minority ownership stake in Neptune Minerals, a company focused on ...
Chart of an offshore company structure. exemption from local corporate taxation and stamp duty, provided that the company engages in no local business (annual agent's fees and company registration taxes are still payable, which are normally a few hundred U.S. dollars per year) preservation of confidentiality of the beneficial owner of the company
A number of states, including California and Florida, have banned leasing of state waters for oil and gas drilling. In 2009 a bill that would have partially rescinded a ban on oil and gas leasing of Florida state waters failed in the Florida statehouse (see Offshore oil and gas in Florida).
The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
Offshore Power Systems (OPS) was a 1970 joint venture between Westinghouse Electric Company, which constructed nuclear generating plants, and Newport News Shipbuilding and Drydock, which had recently merged with Tenneco, to create floating nuclear power plants at Jacksonville, Florida.
The main focus of the company is ship repair and conversion. The shipyard works on tankers and cargo ships, passenger vessels, tugs, barges, offshore supply vessels and offshore yachts. [1] The company has 3600 feet of bulk-headed wharf, 210,000 sq. ft. of warehouse and shops, and resides on approximately 25 acres of property. [2
Company ownership can be readily concealed through the use of anonymous “bearer shares”. As a result, more than of 45,000 offshore shell companies and subsidiaries companies are created in Panama each year; Panama has one of the highest concentrations of subsidiaries of any country in the world.
Hornbeck Offshore Services, sometimes shortened to Hornbeck Offshore, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, and select international markets.