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Oil produced from offshore production platforms can be transported to the mainland either by pipeline or by tanker. When a tanker is chosen to transport the oil, it is necessary to accumulate oil in some form of storage tank, such that the oil tanker is not continuously occupied during oil production, and is only needed once sufficient oil has ...
The offshore market crisis continued and led Bourbon to sign a debt restructuring agreement with its creditor banks in mid-2017. Without a positive sign of market recovery, the group announced in mid-March 2018 a net loss, group share, of 576.3 million euros for 2017.
Mad Dog Spar Platform. A spar is a marine structure, used for floating oil/gas platforms.Named after navigation channel Spar buoys, spar platforms were developed as an extreme deepwater alternative to conventional platforms. [1]
Operated by Shell, with JV partners Chevron (37.5%) and BP (27.5%), the spar acts as a hub for and enables development of three fields Great White, Tobago, and Silvertip. The oil and gas fields beneath the platform lie in a geological formation holding resources estimated at 3–15 billion barrels of oil equivalent according to a report by the BSEE, formerly known as the MMS.
Simpson Spence & Young, (SSY), Simpson Spence Young, Simpson, Spence & Young Ltd. was founded in 1880 by Ernest Simpson, Lewis Spence and Captain William Young in New York City. Ernest Louis Simpson started as a shipbroker from England .
The keel of the first vessel of the second batch of two offshore patrol vessels (OPV) for the Pakistani Navy was laid in 2022. [6] [7] The OPVs of the second batch are larger than the first batch and based on the Damen OPV 2600 design. [8] On 12 September 2023 PNS Hunain was launched at Damen Shipyards Galați in Romania. [9] [10]
NOGAT (Northern Offshore Gas Transport) is a natural gas pipeline system which connects Dutch continental shelf with an onshore gas plant and terminal at Den Helder, the Netherlands. The system has been operational since 1992. [ 1 ]
After 15 years of competition in FIA F3 and its predecessor GP3, Jenzer Motorsport will depart the championship to focus on its Formula 4 efforts. [8] As a result, DAMS Lucas Oil will take over their spot as the series' tenth team, returning to the third tier of FIA-sanctioned formula racing for the first time since the 2017 GP3 Series .