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Offshore companies are used for a variety of commercial and private purposes, some legitimate and economically beneficial, whilst others may be harmful or even criminal. Allegations are frequently made in the press about offshore companies being used for money laundering, tax evasion, fraud, and other forms of white collar crime. Offshore ...
A shelf corporation, shelf company, or aged corporation is a company or corporation that has had no activity. [1] It was created and left with no activity – metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a ...
The first LNG shipments went to Japan in 1989. Two hundred shipments per year (about one shipment every 1.5 days) in the purpose-built LNG carriers totalling more than seven million tons are made around the world. Markets include sales to long term customers in Japan and spot buyers in China, Spain, South Korea and the United States. [10]
Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered ...
The U.S. government chose winning bids Tuesday to develop wind power off New England in the first commercial sale for floating offshore wind on the Atlantic coast. The Bureau of Ocean Energy ...
Oil and gas field names follow themes chosen by the companies who originally developed them. [4] An offshore installation on the UK Continental Shelf may comprise a single integrated platform or two or more bridge-linked platforms. Installations are identified by a large black-on-yellow sign on the installation.
Under the 5-year offshore leasing plan for 2007–2012, the MMS scheduled a lease sale for tracts 50 miles (80 km) or more off the coast of Virginia, to take place in 2011. [41] Five companies applied to the MMS to conduct seismic exploration surveys off the U.S. Atlantic coast.
Talos currently operates in two jurisdictions, the U.S. Gulf of Mexico and shallow water offshore Mexico. Its operations in the U.S. Gulf of Mexico are primarily focused in deepwater, with key operational areas in the Green Canyon and Mississippi Canyon areas. Talos also maintains operations on the U.S. Gulf of Mexico Shelf.