North Sea

Bharatbook.com announces a new market research report “North Sea GIS Map Viewer CD-ROM ” provides the….. North Sea GIS Map Viewer CD-ROM was last updated October 2003. Make no mistake about it, this is the best electronic map package you can buy. It is presented in full colour with data available in layers at a variety [...]

North Sea Pocket Diary 2007 is a slim pocket week to view diary with black leather effect cover with marker ribbon. This diary has a 16 page full colour North Sea oil & gas activity and concession map atlas section extracted from our 1:2,000,000 scale wall map, 18 page Platform Data section, major exhibition dates for [...]

Britain has proposed relaxing rules governing tax relief on the cost of decommissioning oil fields, to remove a time limit that encourages companies to decommission early and leave oil in the ground. In a paper released on Thursday, the UK Treasury proposed an extension of the so-called three-year... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Britain has proposed relaxing rules governing tax relief on the cost of decommissioning oil fields, to remove a time limit that encourages companies to decommission early and leave oil in the ground.In a paper released on Thursday, the UK Treasury proposed an extension of the so-called three-year loss carry-back rules for North Sea firms.Currently, companies can only claim decommissioning costs against profits made in the final three years before decommissioning.As profitability declines at the end of a field's life, the last three years' profits may not be enough to absorb the costs, whereas early decommissioning would allow offset against a healthier profit stream."As a consequence, this is likely to lead in a number of cases to premature decommissioning," the Treasury added, saying the conclusions followed consultation with industry.North Sea oil and gas production is currently in decline, encouraging the big oil companies such as Royal Dutch Shell Plc and BP Plc, which developed

This picture was taken from the beach at the North Sea. I used a 8x optical zoom to capture the freighter. Too bad you cannot see under which flag its swimming.  If you are interested in more photos subscribe to my RSS... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Failed North Sea exploration has cost recently merged Aussie outfit Elixir Petroleum, and the company had to admit a year-end loss on Wednesday of A$3.1 million. The result was still an improvement over the previous year’s A$7 million loss, but a $1.4 contribution to North Sea exploration dented cash holdings, of which the company still has some A$4.5 million. Money was also raised in July, when Elixir managers sold $2.7 million in debt via a bond issue to ”a small number of sophisticated investors”. A merger with compatriot company Gawler Resources in March was intended to produce a “balanced oil and gas exploration and production company”.Via: Scandinavian Oil & GasFound this post useful? Consider subscribing to The Energy Data Warehouse Feed/RSS.Label[−]Blogalaxia|Europa|ElixirTechnorati|North Sea,North Sea industry,Elixir Petroleum,Gawler Resources,energyblogthis expanable content box is made using a free javascript from flooble | Blackjack Tutorial Advertise on T

Crude oil rose to an 11-month high above $77 a barrel in London and gained in New York after a pipeline shutdown and maintenance work reduced North Sea Brent oil production. Chevron Corp. and ConocoPhillips said they lost output from North Sea fields that produce oil and gas after BP Plc closed the pipeline. BG Group Plc said its Armada oil field in the North Sea has been shut for maintenance since June. The International Energy Agency said in a report today that global oil demand will rise 2.5 percent next year. ``Obviously, Brent is the leader,'' said Nauman Barakat, senior vice president of global energy futures at Macquarie Futures USA Inc. in New York. ``It looks like 150,000 barrels a day are being lost because of the pipeline problems in the North Sea, which is giving Brent a boost.'' Crude oil for August delivery rose $1, or 1.4 percent, to $73.50 a barrel at 11:43 a.m. on the New York Mercantile Exchange. Futures reache

A conference today in Peterhead, northern Scotland acknowledges the completion of a four year project to create 4000 kms of footpaths on the North Sea Trail around the coast in several countries. I’ve noticied white signs with a squiggly blue N going up in Berwick upon Tweed, my hometown, over the last few days. The NST website is pretty good with information about public transport, interactive maps etc. If you’d like to walk the path in North Northumberland you can read my guide to find out more about the area Berwick Pier