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UNESCO has expressed concern about the proximity of ReconAfrica's exploration sites to its heritage sites. [3] Given ReconAfrica's site's proximity to the Omuramba-Omatako river, concerns have also been raised about the possible impacts of oil-and-gas exploration and production on the water quality in the relatively water-scarce area. [4]
Kosmos Energy is an American upstream oil company founded and based in Dallas, Texas.While previously incorporated in Bermuda, Kosmos has reincorporated in Delaware.The company holds production and development operations offshore Ghana, Equatorial Guinea, and Gulf of Mexico, while holding a development project offshore Mauritania and Senegal, and exploration licenses offshore Namibia, São ...
President Biden has blocked new offshore drilling for oil and gas in several parts of the country about two weeks before President-elect Trump takes office. Biden has announced he’ll block new ...
In September 2020, Trump used presidential power from the Outer Continental Shelf Lands Act to ban oil and gas leasing in the Atlantic Ocean off of North Carolina from 2022 to 2032, as well as to ...
Later Tullow Oil sold 20% of the project to Itochu. [2] The remaining 10% is held by Namibian state oil company Namcor. [3] On Tuesday, 18 September 2007, shares of Tullow Oil declined by more than 3.0% after the group announced that it had to abandon the Kudu-8 exploration well offshore Namibia and that a second well planned nearby won't be ...
HOUSTON (Reuters) -At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified.
The issue of allowing oil and gas exploration offshore Florida became a hotly contested topic in the 2008 US elections. In a column published 5 June 2008, syndicated columnist George Will wrote that a Chinese oil company was then drilling in Cuban waters 60 miles (97 km) from the Florida coast, a claim that was repeated by candidates in favor ...
Finally, when a prospect has been identified and evaluated and passes the oil company's selection criteria, an exploration well is drilled in an attempt to conclusively determine the presence or absence of oil or gas. Offshore the risk can be reduced by using electromagnetic methods [1] Oil exploration is an expensive, high-risk operation.