To see the other types of publications on this topic, follow the link: Offshore company.
Journal articles on the topic 'Offshore company'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Offshore company.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Zykova, O. A. "A Controlled Foreign Company — Offshore Company: Identity or Autonomy?" Actual Problems of Russian Law 15, no. 10 (October 29, 2020): 151–56. http://dx.doi.org/10.17803/1994-1471.2020.119.10.151-156.
Full text
2
Ranganathan, C., Poornima Krishnan, and Ron Glickman. "Crafting and Executing An Offshore IT Sourcing Strategy: GlobShop's experience." Journal of Information Technology 22, no. 4 (December 2007): 440–50. http://dx.doi.org/10.1057/palgrave.jit.2000113.
Full textAbstract:
This teaching case discusses the decisions facing GlobShop, a global travel-retail company, in its efforts to offshore a significant portion of its information technology (IT) work. In response to the business challenges that arose due to the September 11, 2001 terrorist attacks, the company decided to outsource many of its IT activities to an Indian vendor. This case traces the key decisions made by the CIO and the challenges that were encountered during the planning and execution of the company's offshore sourcing strategy. These decisions pertain to the choice of tasks to be offshored, decisions about the vendor and the nature of sourcing arrangement, managing the vendor relationship and change management issues induced by offshoring. As GlobShop nears the completion of its 3-year agreement with the offshore vendor, the CIO is faced with decisions regarding continuing offshore outsourcing, extending the contract and related implications for the future of IT organization at GlobShop.
3
Gerber, S. D. "A Trust Company - Switzerland or Offshore?" Trusts & Trustees 2, no. 5 (April 1, 1996): 37–39. http://dx.doi.org/10.1093/tandt/2.5.37.
Full text
4
Carpenter, Chris. "Company Integrates Offshore Windfarm Into Subsea Field Development." Journal of Petroleum Technology 72, no. 09 (September 1, 2020): 69–70. http://dx.doi.org/10.2118/0920-0069-jpt.
Full text
5
Williams, D. C., and A. E. Potts. "INTRODUCTIONTOTHE APPEA GUIDELINES FOR LIFTING EQUIPMENT." APPEA Journal 40, no. 1 (2000): 737. http://dx.doi.org/10.1071/aj99052.
Full textAbstract:
The APPEA Guidelines for Lifting Equipment were published in August 1999 as a working draft in recognition of the potential risks associated with 'off-boat' offshore lifting operations. This paper presents the background, contents and ramifications of the APPEA Guidelines as they affect lifting operations, particularly offshore.A technical working group comprising operator and service company representatives was formed at the request of APPEA to develop the Guidelines. The group examined a number of areas, including competency requirements for personnel involved, factors of safety for rigging, visual inspection criteria and justification for the reduced dependence on load testing for offshore containers. The group also carried out a field study of dynamic amplification due to offshore lifting.The Guidelines will introduce a uniform standard of lifting equipment for all Australian offshore operating areas and will become an important tool in the safe management of 'off-boat' lifting operations. They will be referenced in various Government publications including 'Guidelines for the Preparation and Submission of Safety Cases'.
6
Brett, Rachel. "Searching International Company Registries Online." Legal Information Management 15, no. 3 (September 2015): 172–77. http://dx.doi.org/10.1017/s1472669615000432.
Full textAbstract:
AbstractThis article by Rachel Brett highlights the key issues to be aware of when carrying out international company searches and reviews the information available online from the national company registries for some of the key European and offshore jurisdictions including: Jersey, Guernsey, Isle of Man, France, Germany, Ireland, Luxembourg, the Netherlands, Switzerland, the Cayman Islands and the British Virgin Islands.
7
Mortensen, Jay. "Domestic or Offshore." Mechanical Engineering 134, no. 01 (January 1, 2012): 30–33. http://dx.doi.org/10.1115/1.2012-jan-2.
Full textAbstract:
This article explains how teardowns can help a company in arriving at a right manufacturing decision. Most poor decisions occur when people are starved for useful information. An understanding how lack of knowledge about product design and accounting undermines domestic-based production can help companies achieve globally competitive manufacturing sourced in home markets. Comparative teardowns have been performed for generations. The issue that prevents teardowns from reaching their full potential is that they are not performed with rigorous standardization. To compare teardowns efficiently, companies need a consistent methodology to capture, measure, and then communicate information effectively. Too often people tend to tear something apart, look at the pieces, and extract just a limited amount of the data. High-powered teardowns that consistently deliver results are carefully controlled. Moreover, the data is collected from such teardowns so that it can be easily accessed and analyzed, from the shop floor to the boardroom.
8
Matusevich, Alexander. "The offshore companies in construction: theory and practice." MATEC Web of Conferences 170 (2018): 01109. http://dx.doi.org/10.1051/matecconf/201817001109.
Full textAbstract:
This article is devoted to use of offshore structures (companies) in construction business. Theoretical aspects of this problem are affected, in particular questions of legal forms of the offshore companies which are actively used also by construction companies. The parallel between use of the offshore in construction business of Russia and Singapore is drawn, meaning a construction boom in both countries. Requirements to the Singapore offshore company conducting different types of construction including high-rise construction are in detail considered.
9
Ben Hmida, Jalel, Grant Regan, and Jim Lee. "Inventory Management and Maintenance in Offshore Vessel Industry." Journal of Industrial Engineering 2013 (March 14, 2013): 1–7. http://dx.doi.org/10.1155/2013/851092.
Full textAbstract:
An evaluation of the inventory policy at an offshore vessel company was conducted. Currently the items in inventory are used at random intervals as they are used only when parts fail. To solve the problem of reducing a very large inventory but keep enough to allow an uninterrupted service to the customer, we propose a real and economically efficient multicriteria inventory policy using inventory classification method integrated with a preventive maintenance program. The proposed method can be summarized in the following three steps: first, rank the parts according to both the lead time from supplier and the cost of downtime failure and use a matrix display to show the most critical items. In the second step develop a preventive maintenance program for the most critical parts to minimize downtime due to failure. Finally in the third step standardize most critical parts to reduce the inventory which saves the company money while maintaining the same level of service to its customers. Our study showed that the company with a very large inventory could effectively reduce its size by focusing on key parts.
10
Qureshi, Asma, and Jeff Stevens. "Gulf Shores Company." South Asian Journal of Business and Management Cases 2, no. 1 (June 2013): 115–23. http://dx.doi.org/10.1177/2277977913480653.
Full textAbstract:
Business intelligence (BI) has been successful in eliminating the traditional decision support systems at Gulf Shores Company (GSC) to improve efficiency and effectiveness in service delivery and eliminate human errors. Such improved organizations are better prepared to respond quickly to threats and opportunities. Artificial intelligence (AI) supports an organization’s BI process by simplifying them and making them more cost-effective so that, under certain conditions, automated decisions and alerts can be used. Introducing AI into GSC processes would also give them the capability of making decisions in real time. GSC could implement the BI/AI combination in complex settings to address a wide range of risks specific to their industry. The case study describes the logic for implementing AI in petroleum industries, based on an intelligent system that helps offshore platforms start up, and explains how it can be applied in other industries such as medical billing.
11
Garcilazo Lagunes, S., I. Danvila Del Valle, and M. A. Sastre Castillo. "Moderating effects of the relationship between offshore outsourcing and the export capability of firms." South African Journal of Business Management 47, no. 2 (June 30, 2016): 33–42. http://dx.doi.org/10.4102/sajbm.v47i2.58.
Full textAbstract:
This paper analyzes the effect of offshore outsourcing on the export performance of firms, based on the theories of international business, the resource-based view of the firm and the transaction cost theory.Outsourcing can reduce production costs and increase flexibility. It can also provide new resources and market knowledge. However, the impact of offshore outsourcing depends on the resources and capabilities of firms to manage a network of foreign suppliers, and to absorb knowledge of foreign markets. Using a database of about 1,000 manufacturing companies in Mexico in 2011, we found that offshore outsourcing increases the performance of exports. The effects are stronger in export markets from which the company also imports intermediate goods.The results also show that the size of the company, the organization of intra-firm imports and export experience moderate the effects of outsourcing in a positive way.
12
Zamrudy, W., A. Rahmatullah, P. Prayitno, and A. A. Wibowo. "Analysis of the condensate phase in offshore pipe gas company." IOP Conference Series: Materials Science and Engineering 1073, no. 1 (February 1, 2021): 012008. http://dx.doi.org/10.1088/1757-899x/1073/1/012008.
Full text
13
Quentin, Clair. "Corporations, comity and the ‘revenue rule’: a jurisprudence of offshore." London Review of International Law 8, no. 3 (November 1, 2020): 399–424. http://dx.doi.org/10.1093/lril/lrab001.
Full textAbstract:
Abstract This article contrasts the territorial unboundedness of company law, arising from ‘comity’, with the territorial constraint imposed on tax law i.e. ‘the revenue rule’. ‘Comity’ is found to be a judicial fig-leaf disguising a form of corporate sovereignty arising from the fact that economic relations are always already constituted through the corporate form before any scrutiny of their ontology. This observation is developed into a theory of ‘offshore’. The prevailing view of offshore is that the state bifurcates its sovereignty to create juridical spaces where international capital is relieved of local tax/regulatory regimes. This article seeks to underpin that view with an analysis whereby corporate capital and state sovereignty are rival species of property regime, existing in a state of mutual antagonism. On this view offshore is the juridical space, manifesting itself through the aforementioned bifurcations, where the company is sovereign over the state rather than vice-versa.
14
Jafari, Zahra, and Mohamad Hamed Khanmohamadi. "Relationship between talent management strategy efficiency with attracting, recruiting and developing human resources (case study: Iranian offshore oil company)." Problems and Perspectives in Management 14, no. 3 (September 15, 2016): 388–95. http://dx.doi.org/10.21511/ppm.14(3-si).2016.12.
Full textAbstract:
Nowadays, competition between organizations has turned from developing tangible assets into developing intangible assets. Abilities and talents of its human resources and staffing is the most important element of intangible assets of any organization. Contribution to the actual potential of the current forces and special talent recruitment to fill gaps identified in can help organizations to achieve higher productivity in the area of talent management. The investigation aims to find the relationship between performance of talent management strategy with attracting, recruiting and human resources development in Iranian offshore oil company. The study population included 420 HR headquarters in Tehran and the sample based on Cochrane Formula is 200 people. Three questionnaires were used to test hypotheses. Buckingham M. & Vosburgh R. (2001) questionnaire was used to measure talent management; Beardwell I., L. Holden, T. Claydon. (2004) questionnaire was used to measure recruitment (2004) and finally Reuther, Robert (1996) was used to assess the individual development. The results revealed that there is a significant positive relationship between the ability and opportunity to hire human resources in Iranian offshore oil company. In addition, there is a significant positive relationship between the ability, opportunity and skills with the development of human resources. Keywords: talent management, human resource development, human resource recruitment. JEL Classification: M12, O13
15
Troiano, P. "Italians Attack Offshore Trusts: the introduction of Controlled Foreign Company legislation." Trusts & Trustees 6, no. 9 (September 1, 2000): 12–15. http://dx.doi.org/10.1093/tandt/6.9.12.
Full text
16
Entringer, Tulio Cremonini, Priscilla dos Santos Azevedo, Ailton da Silva Ferreira, Denise Cristina de Oliveira Nascimento, Jorge Luiz Lourenço das Flores, Ângelo Mário do Prado Pessanha, Paulo Mauricio Tavares Siqueira, and Oscar Lewandowski. "Analysis Mapping Logistic Processes of People Offshore Company located in Brazil." International Journal of Advanced Engineering Research and Science 5, no. 12 (2018): 165–70. http://dx.doi.org/10.22161/ijaers.5.12.23.
Full text
17
Barros, André Gomes, Denise Cristina de Oliveira Nascimento, Cristiane de Jesus Aguiar, and Fabrício Moraes de Almeida. "The Waste Management Plan and its Efficacy in an offshore Company." International Journal of Advanced Engineering Research and Science 5, no. 9 (2018): 350–54. http://dx.doi.org/10.22161/ijaers.5.9.41.
Full text
18
Junqueira, Helena, Margarita Robaina, Susana Garrido, Radu Godina, and João C. O. Matias. "Viability of Creating an Offshore Wind Energy Cluster: A Case Study." Applied Sciences 11, no. 1 (December 30, 2020): 308. http://dx.doi.org/10.3390/app11010308.
Full textAbstract:
Considering the advantages associated with the port sector concerning the potential of offshore wind energy, several international ports are aiming to achieve a solid integration in offshore wind energy clusters. This article performs an analysis of several seaports and offshore wind energy clusters in Europe to assess the feasibility of implementing an offshore wind energy cluster in the Port of Aveiro, Portugal. A deep literature review and a case study methodology were performed. Based on the analysis of the offshore energy market, and of the value chain of the company case study (ASM Offshore), it was concluded that the Portuguese market in this sector is not competitive, compared with other international markets. Nevertheless, the development of an offshore wind energy cluster could increase the included companie’s prospects, as well as dispute the growth of other companies associated with this sector. This research is relevant, because there is a lack of research that links the importance of seaports in offshore wind energy projects, in particular with a cluster structure, and because it contributes to knowledge for the development of the Aveiro region and Portugal, based on the exploitation of the renewable energy market and to the increase of related activities.
19
BINTI ZAINA ABIDIN, NOOR AZIRAH, NURUL NOR AISHAH BINTI KHAIRIL, NUR RABIAHTUNSAQDAH BINTI ABDUL RAHANI, SHAHIDAH BINTI SHAFEE, and NURUL AFIQAH BINTI MOHD ZAHID. "A STUDY ON LOGISTIC SETUP CHALLENGES DURING A SCHEDULE OFFSHORE PLATFORM SHUTDOWN IN PETRONAS CARIGALI KERTEH, TERENGGANU." International Journal of Entrepreneurial Research 2, no. 1 (March 23, 2019): 15–19. http://dx.doi.org/10.31580/ijer.v1i2.502.
Full textAbstract:
Plant turnaround shutdown is a fundamental asset management in capital intensive process-based industries. Offshore platform is like a ‘town’ in the middle of the sea with a facility for well drilling to explore, process for petroleum and also natural gas, to extract and store. The platform also has facilities for workforce as well. Shutting down an offshore platform for the schedule maintenance is a risky activity that could cost millions of dollar if not properly managed. The success of Offshore platform schedule shutdown is heavily depending on the close coordination among the stakeholder of the project including meeting the logistics requirement. In offshore schedule shutdown, logistics play a critical role in the whole process of the shutdown due to restricted space available for working area, accommodation, and storage. The design for offshore platform include all the requirements including the living space for workers, space for office and many more. The successful implementation of turnaround among others depends on the appropriate provision of institution and organization for the governance of the event. Moreover, it is rare to find literature on organizational characteristics of plant turnaround shutdown. The purpose of this study is to explore the challenges of logistics setup during a schedule shutdown in offshore platform which turn to be a major problem for oil and gas company. In this research propose a framework for examining the organizational challenges during the plant turnaround shutdown and researcher has purpose the efficient way that could lead to the successful initiative for the company. For data collection, researcher is using group focus interview the targeting team and also from the books, journal or website.
20
Maung, T. U. "A regional seismic synthesis of the offshore Gippsland Basin." Exploration Geophysics 20, no. 2 (1989): 313. http://dx.doi.org/10.1071/eg989313.
Full textAbstract:
Structure contour maps compiled and synthesised from interpretive company data for top of Strzelecki Group/Basement, intra-Latrobe Group, and top of Latrobe Group seismic horizons give an indication of the formation and evolution of the Gippsland Basin during Early Cretaceous, and Late Cretaceous to Tertiary tectonic events. Comparison of the intra- and top of Latrobe Group mapping illustrates a change from a largely extensional to a compressive tectonic regime during the Eocene.
21
Govindan, Kannan, and Madan Shankar. "Evaluating the essential barrier to off-shore wind energy – an Indian perspective." International Journal of Energy Sector Management 10, no. 2 (June 6, 2016): 266–82. http://dx.doi.org/10.1108/ijesm-04-2015-0010.
Full textAbstract:
Purpose The purpose of this paper is to evaluate the essential barrier and reveal the priority among common barriers to offshore wind energy in an Indian context with the assistance of the proposed framework. Design/methodology/approach Based on the proposed framework, a five-phase methodology was adapted to explore the essential barrier step by step. The common barriers, which were collected from the existing literatures through a systematic review, were further validated by field experts. The collected common barriers were evaluated with the assistance of the case industry’s field professionals through an analytical hierarchy process, a multi-criteria decision-making tool, to evaluate the barriers to Indian offshore wind energy. Findings Among the 12 common barriers to offshore wind energy, it is clear that “high capital cost” is the most essential barrier involved in the implementation of offshore wind energy farms in the Indian context. Practical implications This study reveals the importance of offshore wind power as a long-term profitable strategy to the case company within the Indian context. By addressing the essential barriers to the implementation of offshore wind farms, the Indian offshore wind system managers can train their employees to counteract the hindrances through the benchmarking of pioneering global offshore wind power developers such as Denmark and the UK. Further, this study provides useful suggestions to the Indian Government regarding policies for offshore wind energy; it also clearly projects the current status of the Indian offshore wind farm implementation. Originality/value This study assists Indian key stakeholders of offshore wind energy by indicating the essential barrier in an Indian context; they can remove the particular barrier instead of focusing on others that previous studies have identified. Further, this study brings out the importance of offshore wind power in an Indian context, which can urge stakeholders to invest more in offshore wind farms.
22
Mu-Zhen, Lu. "OIL SPILL PREVENTION AND TREATMENT IN OFFSHORE OIL INDUSTRY OF CHINA." International Oil Spill Conference Proceedings 1989, no. 1 (February 1, 1989): 235–38. http://dx.doi.org/10.7901/2169-3358-1989-1-235.
Full textAbstract:
ABSTRACT The China National Offshore Oil Corporation (CNOOC), established in October 1982, is the sole Chinese company dealing with offshore oil exploration, development, and production. It has four regional corporations, and four specialized corporations, as well as seventeen joint venture corporations. CNOOC has four representative offices outside China. Since the Sino-foreign cooperation for offshore oil exploration and development in China started, 360,000 line km of seismic survey have been shot, thirty-nine oil and gas bearing structures have been found, fifteen oil fields have been evaluated as having large hydrocarbon accumulations, nine oil fields have been developed and put into production, 179 exploratory wells have been drilled, and CNOOC has signed thirty-nine contracts with a total of forty-five foreign companies from twelve countries. There are five laws and regulations in the PRC affecting offshore oil development and marine environmental pollution. In accord with these laws and regulations, CNOOC has reviewed four environmental impact statements for offshore oil fields received from its regional corporations. CNOOC has made oil spill contingency plans for the Cheng-Bei offshore oil field in Bo-Hai, and the Wei 10-3 offshore oil field in the Gulf of Bei-Bu. Some oil spill combating equipment is owned by the Bo-Hai Oil Corporation and the Nan-Hai West Oil Corporation, selected on the basis of the crude oil characteristics.
23
Bak, Urd Grandorf, Ólavur Gregersen, and Javier Infante. "Technical challenges for offshore cultivation of kelp species: lessons learned and future directions." Botanica Marina 63, no. 4 (August 27, 2020): 341–53. http://dx.doi.org/10.1515/bot-2019-0005.
Full textAbstract:
AbstractTraditional kelp farming methods require a high amount of labor and are limited in geographic distribution – occurring mainly in nearshore, sheltered sites. To address growing global demand for sustainable biomass, the continued expansion of kelp cultivation will most likely have to move further offshore. Although many offshore cultivation trials have been done over the last 50 years, few were sufficiently robust to be viable in exposed and deep-water areas. In the North Atlantic Ocean, a Faroese company developed and tested a structural farm design that has survived in open-ocean conditions since 2010. The durable structure has withstood harsh weather events common in the Faroe Islands and thereby presents a potential strategy and method for moving kelp farming further offshore. This paper describes the primary challenges of offshore kelp farming and provides an overview of work previously done. Ultimately, the improved productivity, system survivability and scalability the MacroAlgal Cultivation Rig (Faroe Islands) and the BioArchitecture Lab cultivation grid (Chile) represent state-of-the-art and powerfully transformative strategies to pursue large-scale offshore farming to support mass production of kelp in the near future.
24
Rentería y Hernández, Tabata Pérez, and Nicola Marsden. "Offshore Software Testing in the Automotive Industry." International Journal of Information Technology Project Management 8, no. 4 (October 2017): 1–16. http://dx.doi.org/10.4018/ijitpm.2017100101.
Full textAbstract:
This paper presents a mixed-method study performed in the software department of an automotive supplier operating in India as an offshore service provider to a German company. The research focuses on the social dimension and human aspects involved in software testing in an intercultural setting. Qualitative and quantitative analyses of testers' perception regarding their daily activities and challenges were conducted. External and internal factors posing recurrent problems for testers were identified. Among the external were late inputs (documentation and software) and lack of recognition on the contribution of testing by other teams. A key internal factor was the view testers themselves hold about testing: boring when describing manual tests and interesting for the automated ones. Some of the testers feel they are not recognized by other teams and are not entirely satisfied with their job. Maintaining motivation over time was found to be a fundamental problem for testers.
25
Williams, Hugh D., and Gunnar Kr Gangsaas. "OFFSHORE OIL SPILL RECOVERY OPERATIONS IN THE PERSIAN GULF." International Oil Spill Conference Proceedings 1993, no. 1 (March 1, 1993): 219–23. http://dx.doi.org/10.7901/2169-3358-1993-1-219.
Full textAbstract:
ABSTRACT On or about January 25, 1991, Iraqi forces in Kuwait discharged more than 4 million barrels of Kuwaiti crude oil into the Persian Gulf. The counterclockwise current carried the resulting slick southeastward along the coast of Saudi Arabia. The Saudi Arabian oil company, Aramco, chartered the multiclassed tanker and response vessel Al Waasit, based in Dubai, to assist in the offshore recovery operation. The Al Waasit's response resulted in the offshore recovery of about 100,000 barrels of oil during a 42-day period, without a recovery system failure. The authors both served on board Al Waasit as operations managers during this response operation.
26
Miller, Jessica, and Nick Quinn. "EXERCISE WESTWIND – A COLLABORATIVE OIL SPILL RESPONSE BY OIL & GAS OPERATORS AND AGENCIES." International Oil Spill Conference Proceedings 2017, no. 1 (May 1, 2017): 2851–62. http://dx.doi.org/10.7901/2169-3358-2017.1.2851.
Full textAbstract:
Abstract On June 9th, 2015, ACME Oil Company’s rig suffered a dynamic positioned ‘run-off’. The mobile drilling unit lost its station above the wellhead and a loss of well control was experienced. “A massive environmental emergency unfolded…affecting pristine coastline and masses of wildlife”. Incident Management and Field Response Teams were activated in a multi-agency operation, bringing together 200 personnel from 16 oil and gas companies and 18 government agencies and third party providers. Source control, aerial, offshore, nearshore, shoreline and oiled wildlife response capabilities were deployed and national/international support was utilised. Jointly managed by the Australian Marine Oil Spill Centre (AMOSC), the Australian Maritime Safety Authority (AMSA), the Federal Department of Industry and Science, and the Western Australian Department of Transport -Exercise Westwind was a successful multi-faceted marine spill response, demonstrating Australia’s collective Industry/Government capacity to respond to a large, offshore loss of well control incident in a remote and isolated location. ACME Oil Company was a fictitious company formed to enable the amalgamation of Australian petroleum companies to exercise industry arrangements under one ‘banner’ during the exercise period. ACME Oil Company had its own set of credentials, company website and Oil Pollution Emergency Plan. The company also held real time memberships with a number of service providers including AMOSC, Oil Spill Response Ltd, Trendsetter Engineering International, Oceaneering Australia and addenergy. Representing an innovative approach to spill response exercising, ACME Oil Company was a valuable and critical aspect to industry and governments participation under a non-attributable banner. Additionally, it enabled safe, widespread lessons to be observed, allowed for real-time testing of arrangements and provided a safe environment for regulators, stakeholder and industry interplay. The exercise was an efficient and practical solution for Industry titleholders and their third party supporting organisations, to test shared response resources and to ensure Industry arrangements for responding to oil pollution are in accordance with the Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009. This paper will discuss the development program behind the exercise and the experience of managing an exercise of this nature. It will highlight the successes including the creation and implementation of a fictitious company and the extensive collaboration between the industry and government personnel involved. It will also look forward – where are we 11-months later? Can the history of exercising and/or response help us improve for the future-implementation of change and continued testing is critical in furthering our oil spill response capability and capacity.Exercise Westwind – Operational Phase TwoExercise Westwind – Operational Phase Two
27
Ramanathan, T. R. "Managing change in offshore outsourcing alliances: case studies from a multinational pharmaceutical company." International Journal of Strategic Business Alliances 1, no. 3 (2010): 223. http://dx.doi.org/10.1504/ijsba.2010.030425.
Full text
28
Chukurna, Оlena, Larysa Radkevych, and Liliya Rudyk. "The influence of international offshore jurisdictions on the pricing strategy." VUZF Review 6, no. 4 (December 27, 2021): 79–90. http://dx.doi.org/10.38188/2534-9228.21.4.09.
Full textAbstract:
The article analyzes the causes of offshore jurisdictions and identifies the effects of offshore on national economies. An analysis of the implementation of export-import operations carried out by offshore companies in order to influence the pricing process. The pricing mechanism with affiliates within offshore jurisdictions was presented. It was substantiated the role of offshore banks in the implementation of the pricing mechanism. It was presented the pricing mechanisms within offshore jurisdictions. It has been made an analysis of the impact of transfer pricing within offshore jurisdictions. It was substantiated the economic mechanism of pricing. The international experience of regulation of offshore jurisdictions and the system of controlling the operations of affiliates was analyzed. It was substantiated the mechanisms of functioning of offshore zones and companies operating in offshore jurisdictions.
The relationship between agreements concluded within offshore jurisdictions in the following areas is established and substantiated: the agreement is concluded between two independent companies in case of underpricing; the agreement is concluded between the companies connected with the capital relations (affiliated companies) at understatement of the price; agreements between two independent companies in case of overpricing; agreements between affiliated companies in case of overpricing. It was justified the use of the transfer pricing mechanism within offshore jurisdictions. Transfer prices allow you to withdraw capital from the country, as well as hide the profits of companies from taxation. The following ways of minimizing taxation are systematized: registration of a company that concentrates profits in a jurisdiction with lower taxation; concentration of profits in companies that are unprofitable according to management accounting; the use of front companies as sales companies in which profits are concentrated; non-payment of taxes as a result of illegal liquidation of the enterprise - the taxpayer, where the profit is concentrated. The basis of tax minimization is the use in the transaction of a price that deviates from the market.
29
Hagemeijer, P. M., and G. Kerkveld. "Application of risk-based inspection for pressurized HC production systems in a Brunei petroleum company." Proceedings of the Institution of Mechanical Engineers, Part E: Journal of Process Mechanical Engineering 212, no. 1 (February 1, 1998): 49–54. http://dx.doi.org/10.1243/0954408981529295.
Full textAbstract:
A large number of ageing oil and gas production and evacuation facilities are owned and operated by BSP (Brunei Shell Petroleum). The company is facing the challenge of optimizing the return on inspection efforts in a period of time when more production is required and operating costs have to be minimized. Over recent years significant improvements have been made to BSP's system of planning and performing offshore inspection, in particular concerning the management of hydrocarbon process containment integrity, via a change from a periodic return inspection approach to a risk-based inspection (RBI) approach. This article presents the quantified benefits achieved to date, and the way this process of change has been/is being managed, firstly, to yield the major savings today, and secondly to sustain these gains by setting up processes and systems to support the new way of working. The value of the RBI approach, in terms of its contribution to the company's business drivers, is summarized thus. Cost optimization—the implementation of RBI principles in BSP has reduced the inspection effort (per platform) significantly to a level, which only involves the ‘minimum required’. The move has been to invest more in planning, thereby reducing (eliminating some) offshore execution of work. These benefits have been quantified in Section 3.1. In addition, increased production availability—the approach has assisted in reducing planned shut down times and minimizing unexpected shut downs due to failures. The move has been from shutdown inspection to onstream inspection. These benefits have been quantified in Section 3.2. Finally, safety—has been improved primarily by reducing the likelihood of failures and having fewer inspectors commuting to and working offshore. The move has been to perform focused inspection on hot spots in the system to reduce HC losses. These benefits have been quantified in Section 3.3.
30
Brown, Alan S. "Where the Engineers Are." Mechanical Engineering 127, no. 06 (June 1, 2005): 26–31. http://dx.doi.org/10.1115/1.2005-jun-1.
Full textAbstract:
This article appreciates the powerful pull of low-cost offshore engineering services. Elkay, a privately held company, employs 3800 workers at 14 manufacturing sites. For most of its 85-year history, it has made stainless steel sinks and plumbing accessories from two-dimensional drawings. In many ways, Elkay’s case highlights the forces behind the new shift to offshore engineering. While multinationals have shuffled work among remote engineering centers for decades, small and medium-size companies are just starting to tap foreign engineering talent. Access to offshore services makes many companies more competitive. Barry-Wehmiller used its Indian center to cut the cost of customizing packaging machines. Elkay used the same engineers to build a library of 3D CAD models that let it design products faster and cheaper. The auto industry is already adapting a new business model that involves collaborating in real time across nontraditional boundaries.
31
Anggoro, Retno. "The Pengaruh Kompetensi Dan Kepemimpinan Transaksional Terhadap Kepuasan dan Kinerja Awak Kapal Di Miclyn Express Offshore Pte.Ltd." Saintara : Jurnal Ilmiah Ilmu-Ilmu Maritim 6, no. 1 (March 31, 2022): 6–12. http://dx.doi.org/10.52475/saintara.v6i1.134.
Full textAbstract:
Terdapat banyak faktor yang mempengaruhi terkait masalah yang dihadapi di lapangan dengan tingkat kompetensi dan gaya kepemimpinan transaksional. Berbagai faktor tersebut berpengaruh terhadap kepuasan kerja dan kinerja anak buah kapal pada Miclyn Express Offshore, Pte., Ltd. Penelitian ini dilakukan menggunakan model verikatif studi dengan data kuantitatif . Penelitian verifikatif dilakukan untuk menguji teori dan hasil riset sebelumnya. Responden pada penelitian yang dilakukan adalah awak kapal di perusahaan Miclyn Express Offshore, Pte., Ltd yang disingkat MEO. MEO company merupakan perusahaan yang bergerak dalam bidang transportasi mengoperasikan Anchor Handling Tug Supplay (AHTS). Analisa data dilakukan dengan cara melakukan uji validitas, uji realibilitas, uji normalitas dan uji sobel. Kesimpulan dari penelitian ini adalah kompetensi awak kapal berpengaruh positif dan signifikan terhadap kepuasan Kerja awak kapal pada perusahaan Miclyn Express Ofshore,Pte.,Ltd. Semakin tinggi kompetensi yang dimiliki oleh awak kapal, maka semakin tinggi tingkat kepuasan yang dirasakan oleh awak kapal saat bekerja di Miclyn Express Offshore,Pte.,Ltd, gaya kepemimpinan transaksional berpengaruh positif dan signifikan terhadap kinerja awak kapal pada Miclyn Express Offshore,Pte.,Ltd. Kepemimpinan transaksional memiliki kontribusi positif terhadap peningkatan kinerja awak kapal, sehingga dengan semakin tinggi gaya kepemimpinan transaksional yang diterapkan maka semakin tinggi kinerja awak kapal Miclyn Express Offshore,Pte.,Ltd dan terdapat pengaruh mediasi atau intervening dari kepemimpinan transaksional dan kompetensi awak kapal terhadap kinerja awak kapal melalui kepuasan kerja awak kapal pada Miclyn Express Offshore,Pte.,Ltd. Kepuasan kerja mampu meningkatkan kontribusi pengaruh transaksional leadership dan kompetensi awak kapal terhadap kinerja awak kapal di Miclyn Express Offshore,Pte.,Ltd.
32
Petersen, Kristian R., Erik Skov Madsen, and Arne Bilberg. "First Lean, then modularization: improving the maintenance of offshore wind turbines." International Journal of Energy Sector Management 10, no. 2 (June 6, 2016): 221–44. http://dx.doi.org/10.1108/ijesm-04-2015-0006.
Full textAbstract:
Purpose This paper aims to explore how maintenance tasks can be planned and executed in a smarter way and, consequently, how the operations and maintenance of offshore wind power installations can be improved through modularisation. Design/methodology/approach This is a case study of one of Europe’s leading offshore wind power operators with more than 1,000 wind turbine generators in operation. By focusing on this company, in-depth insights into its operations and maintenance processes are investigated. Findings Lean is identified to constitute an important first step before the modularisation of maintenance tasks. The modularisation of the maintenance of offshore wind farms is identified to reduce preventive maintenance times. Practical implications The paper develops a process to identify the resources needed for maintenance before the modularisation of maintenance tasks and resources can take place. The authors also establish a foundation for the development of a software tool to support the development of the modularisation of maintenance tasks. Originality/value The present study contributes to the rather immature field of research on the operations and maintenance of offshore wind power. Furthermore, it adds to the emerging research area of service modularity.
33
Jing, Ya Tao, Li Wei Hu, and Jiang Yue. "The Application of Modified Delphi Method in the Topological Optimization Site Selection of Offshore Wind Farm." Advanced Materials Research 512-515 (May 2012): 661–64. http://dx.doi.org/10.4028/www.scientific.net/amr.512-515.661.
Full textAbstract:
Core of the topological optimization site selection of offshore wind farm is Delphi method. The paper divides the investigated experts into industry experts and professional experts, which respectively score the weighting coefficient and its value of the influence factors of offshore wind farm. The separate marking scheme can well develop the ability of experts, avoid the specialty bias and thereby improve the assessment accuracy. Another modification is to apply the accumulative vote method in the first stage of topological optimization site selection instead of designers’ own judgments, which gives a good solution to classify the disputed factors, and avoids fault or deviation due to the knowledge deficiency of designers. In addition, the data analysis results should be reassessed by the industry experts. And in company with the reassessment opinion the data analysis results are the basis for designers to determine the best sea area for offshore wind farm construction, which gives an extra guarantee for the scientific site selection.
34
Jacobs, Lourens, Nancy Nguyen, and Ryan Beccarelli. "Pioneering Li-ion batteries on an offshore platform." APPEA Journal 58, no. 2 (2018): 719. http://dx.doi.org/10.1071/aj17059.
Full textAbstract:
Woodside is an Australian oil and gas company and a leading global operator of offshore gas platforms and onshore LNG processing facilities. It is a public company listed on the Australian Securities Exchange headquartered in Perth, Western Australia. Woodside operates the Goodwyn A gas platform on behalf of the North West Shelf (NWS) Project. Woodside assessed Li-ion battery technology and considered the technology mature and ready to be utilised on offshore and onshore operating assets. Woodside operates dedicated islanded gas turbine power generation at each of its onshore and offshore facilities. It was concluded that a large battery energy storage solution (BESS) can deliver several advantages if connected to such an islanded power generation system. The most significant benefit materialises by using a BESS as backup (or spinning reserve) for the gas turbine generators (GTGs). Woodside decided to pioneer the Li-ion BESS technology in a first of its kind application on the NWS Project offshore Goodwyn A gas platform. The Goodwyn A BESS is designed for a 1 MW power and 1 MWh energy capacity, which is considered sufficient to provide the spinning reserve for the Goodwyn A platform. Currently, Goodwyn A operates four 3.2 MW GTGs to provide a typical load of 7–8 MW, with one GTG providing the N+1 spinning reserve. When the BESS is connected to the power generation system, Goodwyn A will operate three GTGs, with the BESS proving the backup in case one of the GTGs trip. The BESS will provide the full 1 MW for a minimum of 1 h, which will give the operators enough time to start the standby GTG or adjust the facility loads (load shedding). The result will be a decrease in overall fuel gas consumption (due to better efficiencies on the remaining GTGs in operation) and a related reduction in CO2 emissions. The project supports the overall objective of the North West Shelf Project to improve the energy intensity of its facilities by 5% by 2020. Woodside believes that developing capability and experience on the installation of BESSs, using Goodwyn A as an early adopter, will facilitate similar and larger installations on other Woodside operated offshore and onshore assets. This is one of the technologies Woodside believes will play an important role to ensure a lower carbon future globally.
35
Sudarminingsih, Sri, Wiryatun Lestariana, and Susetyowati Susetyowati. "Hubungan pola makan dengan sindroma metabolik pada karyawan PT.Unocal oil company di offshore Balikpapan Propinsi Kalimantan Timur." Jurnal Gizi Klinik Indonesia 4, no. 2 (November 1, 2007): 63. http://dx.doi.org/10.22146/ijcn.17476.
Full textAbstract:
Background: Prevalence of metabolic syndrome has significantly increased in both developed and developing countries. Criteria of metabolic syndrome includes: body mass index of > 27, and male waist circumference of > 102 cm which could be followed by fasting blood glucose level of >110 mg/dl. Other symptoms are blood pressure and triglyceride (of > 130/85 mm Hg and > 150 mg/dl respectively) and decrease in high density lipoprotein to < 40 mg/dl.Objective: This research was aimed to explore the extent to which food habit relates with metabolic syndrome among offshore workers employed by Unocal Oil Company Ltd. Located in Balikpapan.Method: The study which was an observational-analytical was then carried out using case-control design, with comparison 1:1 (matched case control). Nutrients intake measured using the 3 x 24 hours recall method. Chi squares, t- test, odd ratios, and logistic regressions were performed to determine statistical significant among variables.Result: The study showed that energy intake > 110% recommended daily allowance (RDA) between case and control group was significantly different (OR= 7.7; 95% CI= 3.1-18.8). This was also true for the case of total carbohydrate > 60%, (OR= 3.98, 95% CI= 1.6-9.8), refined carbohydrate > 5% (OR= 7.4; 95% CI= 2.9-18.7), total protein > 20% (OR= 3.2; 95% CI= 1.2-8.4), and fat > 20% (OR= 5.04; 95% CI= 1.578-16.1). Logistic regressions were performed to determine statistical significant among variables candidate and the result showed it was significant for refined carbohydrate, energy intake and old work in offshore (p<0.05).Conclusion: This study indicate that nutrient intake was higher than of RDA, it was closely related to the incidence of metabolic syndrome: refined carbohydrate, energy intake and old offshore workers employed (p < 0.05).
36
Setyawan, Agustinus, and Alden Nelson. "Factors Affecting Talent Management Strategies in Construction Companies." Almana : Jurnal Manajemen dan Bisnis 4, no. 3 (December 17, 2020): 392–97. http://dx.doi.org/10.36555/almana.v4i3.1479.
Full textAbstract:
Business competition in construction companies is getting tighter and human resource management is one of the essential things in supporting the company’s competitiveness. The right strategy is needed if a company wants to build a strong team by forming highly talented people in a company. This study aims to analyze the influence of management commitment, organizational culture, reward system, career management, and knowledge management on talent management strategy. The method used in sample selection is a non-probability method with purposive sampling technique and the population is employees who work in the offshore construction industry in Batam. This study uses a questionnaire to frontline management employees of the offshore construction industry and the rate of return of the questionnaire is 50 sheets. The statistical method used to test the hypothesis is multiple regression using the SPSS program. The results of the research conducted indicate that the management commitment and knowledge management variables have a significant positive effect on the talent management strategy, while the organizational culture variables, reward systems, and career management do not have a significant positive effect on the talent management strategy.
37
Clifford, A. C. "REPLACING BASS STRAIT—BHP PETROLEUM'S GLOBAL QUEST, 1970 TO 1994." APPEA Journal 35, no. 1 (1995): 862. http://dx.doi.org/10.1071/aj94064.
Full textAbstract:
Twenty five years ago, after Bass Strait production had commenced in 1969, BHP Petroleum (BHP) began its global quest for a new Bass Strait. The first stepouts were close to home and opportunistic and the company preferred the role of non-operator, not having the necessary offshore operating expertise at that time. BHP had been driven overseas in its search by the punitive tax regime and limited prospectivity for another Bass Strait at home.The first significant milestone was 1981, after the North West Shelf project go-ahead, with the company desiring to operate and expand overseas. With the discovery of petroleum in the Timor Sea, BHP had developed innovative engineering capabilities which were later enhanced through the acquisition of Hamilton Oil (1991). Acquisitions were considered important for the company's growth from the early 1980s onward and were highlighted in BHPP's first major strategic review in 1985 together with the need to undertake global basin studies.As the 1980s progressed, there was a rapid expansion of staff due largely to acquisitions. BHP consolidated its US position with two acquisitions, then entered the downstream oil sector via the PRI (Hawaii) acquisition in 1989. The Hamilton acquisition helped to enhance the company's global reputation as a low cost, fast track offshore developer, a capability which helped capture the Dai Hung oilfield development opportunity, offshore Vietnam.A major strategic review in 1992 identified opportunities in downstream gas and power and multiple entry points to the energy value chain are now being targeted. In addition, a more focussed approach to exploration is being employed.
38
JPT staff, _. "E&P Notes (December 2020)." Journal of Petroleum Technology 72, no. 12 (December 1, 2020): 16–17. http://dx.doi.org/10.2118/1220-0016-jpt.
Full textAbstract:
China Shale-Gas Field Sets Production Record Sinopec recorded China’s highest daily output of shale gas at 20.62 million cubic meters (Mcm) at its Fuling shale-gas field in Chongqing, China, a key gas source for the Sichuan-East gas pipeline. The first major commercial shale-gas project in China, Fuling has continuously broken records for the shortest gasfield drilling cycle while significantly increasing the drilling of high-quality reservoirs covering more than 3 million m, according to Sinopec. Gasfield production construction was also expanded to raise production capacity. The company said the field maintains a daily output of 20 Mcm, producing an estimated 6.7 Bcm per year. Apache and Total Plan Suriname Appraisals Apache filed appraisal plans for its Maka and Sapakara oil discoveries in block 58 offshore Suriname. The company said another submission is expected for Kwaskwasi, the largest find in the block, by the end of the year. Operations continue for Keskesi, the fourth exploration target. There are plans to drill a fifth prospect at Bonboni in the North-Central portion of the concession. Partner company Total is assuming operatorship of the block ahead of next year’s campaigns. BP Emerges as Sole Bid for Offshore Canada Parcels BP was the only operator to place a bid in the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) Call for Bids NL20-CFB01, which offered 17 parcels (4,170,509 hectares) in the eastern Newfoundland region. The successful bid was for Parcel 9 (covering 264,500 hectares) for $27 million in work commitments from BP Canada Energy Group. Subject to BP satisfying specified requirements and receiving government approval, the exploration license will be issued in January 2021. No bids were received for the remaining 16 parcels, which may be reposted in a future Call for Bids. Criteria for selecting a winning bid is the total amount the bidder commits to spend on exploration of the parcel during the first period of a 9-year license, with a minimum acceptable bid of $10 million in work commitments for each parcel. Beach Energy To Drill Otway Basin Well Beach Energy plans to drill at its Artisan-1 well about 32 km offshore Victoria, Australia, in the Otway basin, before the end of 2021. The well, located on Block Vic/P43, was to be spudded in 1H 2020 but was delayed due to COVID-19. The timeframe for drilling was confirmed by the National Offshore Petroleum Safety and Environmental Management Authority, which also said Beach is keeping open the option to suspend the well and develop it, pending reservoir analysis. Anchors, mooring chains, and surface buoys have already been laid for the well, which is in a water depth of approximately 71 m. The well is expected to take approximately 35–55 days to drill, depending on the final work program and potential operational delays. Diamond Offshore’s semisubmersible Ocean Onyx was contracted for the drilling program. Artisan is the first of Beach’s planned multiwell campaigns, which also include development wells at the Geographe and Thylacine fields. Hess Completes Sale of Interest in Gulf of Mexico Field Hess completed the sale of its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico (GOM) to BHP, the field’s operator, for $505 million. Shenzi is a six-lease development structured as a joint ownership: BHP (operator, 44%), Hess (28%), and Repsol (28%). The acquisition would bring BHP’s working interest to 72%, adding approximately 11,000 BOE/D of production (90% oil). The sale is expected to close by December 2020. Hess CEO John Hess said proceeds from the sale will help fund the company’s investment in Guyana. Greenland Opens New Offshore Areas Greenland opened three new offshore areas for application of oil and gas exploitation licenses off West Greenland. The areas are Baffin Bay, Disko West, and Davis Strait. The country also said it is working on an oil strategy to reduce geological uncertainty by offering an investment package to companies that engage in its Open Door Procedures. The procedures are a first-mover advantage to remove national oil company Nunaoil, as a carried partner, reducing turnover and surplus royalties. It is estimated to reduce the government take by 51.3% to 40.6%. Shell and Impact Oil & Gas Agree to South Africa Farmout Africa Oil announced Impact Oil & Gas entered into two agreements for exploration areas offshore South Africa. The company has a 31.10% share-holding in Impact, a privately owned exploration company. Impact entered into an agreement with BG International, a Shell subsidiary, for the farm-out of a 50% working interest and operatorship in the Transkei and Algoa exploration rights. Shell was also granted the option to acquire an additional 5% working interest should the joint venture (JV) elect to move into the third renewal period, expected in 2024. Algoa is located in the South Outeniqua Basin, east of Block 11B/12B, containing the Brulpadda gas condensate discovery and where Total recently discovered gas condensate. The Transkei block is northeast of Algoa in the Natal Trough Basin where Impact has identified highly material prospectivity associated with several large submarine fan bodies, which the JV will explore with 3D seismic data and then potential exploratory drilling. Impact and Shell plan to acquire over 6,000 km² of 3D seismic data during the first available seismic window following completion of the transaction. This window is expected to be in the Q1 2022. After the closing of the deal, Shell will hold a 50% interest as the operator and Impact will hold 50%. Impact also entered into an agreement with Silver Wave Energy for the farm-in of a 90% working interest and operatorship of Area 2, offshore South Africa. East and adjacent to Impact’s Transkei and Algoa blocks, Area 2 complements Impact’s existing position by extending the entire length of the ultradeepwater part of the Transkei margin. Together, the Transkei and Algoa Blocks and Area 2 cover over 124,000 km2. Area 2 has been opened by the Brulpadda and Luiperd discoveries in the Outeniqua Basin and will be further tested during 2021 by the well on the giant Venus prospect in ultradeepwater Namibia, where Impact is a partner. Impact believes there is good evidence for this Southern African Aptian play to have a common world-class Lower Cretaceous source rock, similar excellent-quality Apto-Albian reservoir sands, and a geological setting suitable for the formation of large stratigraphic traps. Following completion of the farm-in, Impact will hold 90% interest and serve as the operator; Silver Wave will hold 10%. Petronas Awards Sarawak Contract to Seismic Consortium The seismic consortium comprising PGS, TGS, and WesternGeco was awarded a multiyear contract by Petronas to acquire and process up to 105,000 km2 of multisensor, multiclient 3D data in the Sarawak Basin, offshore Malaysia. The contract award follows an ongoing campaign by the consortium in the Sabah offshore region, awarded in 2016, in which over 50,000 km2 of high-quality 3D seismic data have been acquired and licensed to the oil and gas industry to support Malaysia license round and exploration activity. The Sarawak award will allow for a multiphase program to promote exploration efforts in the prolific Sarawak East Natuna Basin (Deepwater North Luconia and West Luconia Province). The consortium is planning the initial phases and is engaging with the oil and gas industry to secure prefunding ahead of planned acquisition, covering both open blocks and areas of existing farm-in opportunities. Total Discovers Second Gas Condensate in South Africa Total made a significant second gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 km off the southern coast of South Africa. The discovery follows the adjacent play-opening Brulpadda discovery in 2019. The Luiperd-1X well was drilled to a total depth of about 3,400 m and encountered 73 m of net gas condensate pay in well-developed, good-quality Lower Cretaceous reservoirs. Following a coring and logging program, the well will be tested to assess the dynamic reservoir characteristics and deliverability. The Block 11B/12B covers an area of 19,000 km2, with water depths ranging from 200 to 1800 m. It is operated by Total with a 45% working interest, alongside Qatar Petroleum (25%), CNR International (20%), and Main Street, a South African consortium (10%). The Luiperd prospect is the second to be drilled in a series of five large submarine fan prospects with direct hydrocarbon indicators defined utilizing 2D and 3D seismic data. BP Gas Field Offshore Egypt Begins Production BP started gas production from its Qattameya gasfield development offshore Egypt in the North Damietta offshore concession. Through BP’s joint venture Pharaonic Petroleum Company working with state-owned Egyptian Natural Gas Holding Co., the field, which is expected to produce up to 50 MMcf/D, was developed through a one-well subsea development and tieback to existing infrastructure. Qattameya, whose discovery was announced in 2017, is located approximately 45 km west of the Ha’py platform, in 108 m of water. It is tied back to the Ha’py and Tuart field development via a new 50-km pipeline and connected to existing subsea utilities via a 50-km umbilical. BP holds 100% equity in the North Damietta offshore concession in the East Nile Delta. Gas production from the field is directed to Egypt’s national grid.
39
Holden, Andrew. "Riches to Rags: The Use of Freezing and Disclosure Orders against the Fraudsters who Pretend to Lose It All." Business Law Review 34, Issue 2 (April 1, 2013): 63–65. http://dx.doi.org/10.54648/bula2013012.
Full textAbstract:
This article examines recent decisions illustrating a willingness on the part of the court to prevent defendants from placing their assets outside the reach of claimants through the use of trusts or offshore companies. This includes circumstances where the defendant retains de facto control of the trust through the power to appoint trustees, or add beneficiaries or the company through their use of nominees.
40
Jacobs, Trent. "Understanding the Barriers to Offshore Green-Hydrogen Production." Journal of Petroleum Technology 73, no. 10 (October 1, 2021): 31–34. http://dx.doi.org/10.2118/1021-0031-jpt.
Full textAbstract:
The stage is set to begin making “green” hydrogen from the world’s abundant supply of seawater. But whether this niche-within-a-niche can stand on its own and become a competitive energy source remains uncertain. Today, only about 1% of man-made hydrogen is considered to be green, and not a single atom of it is produced offshore. In the offshore concept, the green label will be earned by splitting the hydrogen out of desalinated seawater with electrolyzers that run on renewable wind energy. This represents an opportunity for oil and gas companies to not just lower their carbon footprints, but to leverage billions of dollars’ worth of existing offshore infrastructure. Their platforms can host the electrolyzers. Their pipelines can transfer the product to shore. They may even be able to power their offshore facilities using the hydrogen produced at sea. Offshore producers should also have no problem finding a market. PriceWaterhouseCoopers said in a report from last year that green-hydrogen exports could be worth $300 billion annually by 2050, supporting some 400,000 jobs globally. However, the first set of offshore pilots are still in planning mode. It will take a few more years to assess the results once they start up. That means we may not know if offshore hydrogen is commercially viable until decade’s end. Some of the biggest barriers that must be overcome were highlighted by a panel of leading hydrogen experts at the recent Offshore Technology Conference (OTC) in Houston. Green Hydrogen in the Red “The major hurdle is still the cost,” explained René Peters. “The cost of hydrogen production with electrolysis is still extremely high compared to gray- and blue-hydrogen production.” Peters is the business director at the Dutch technology group TNO which is one of a dozen partners trying to launch PosHYdon, the pilot for offshore hydrogen production. Startup is expected by early 2023 on a normally unmanned oil and gas platform operated by independent oil and gas company Neptune Energy. Peters’ comments on cost were not relegated to the offshore aspect since all green hydrogen is made onshore today. In terms of tipping point for profitability, these are the relevant benchmarks.
41
Winters, Jeffrey. "Mightiest Wind." Mechanical Engineering 131, no. 05 (May 1, 2009): 28–31. http://dx.doi.org/10.1115/1.2009-may-2.
Full textAbstract:
This article explores the increasing use of wind turbines for generating power. It also discusses that changing the economics of wind power can make it more practical for deep-ocean turbines to harness strong, steady offshore winds. Engineers around the globe are focusing on creating conventional motors that can improve performance of wind turbines. Companies have found that a direct-drive generator built with superconducting windings would produce twice as much power per volume as a conventional generator, with a small parasitic loss due to cryogenic cooling. The prospect of producing more power per tower, which would be the net effect of using 10 MW turbines, might enable more offshore wind projects to become economically feasible. Sinovel, a Chinese generator company, is already planning to build 5 MW machines using existing technology. Once 10 MW machines become available, it is conceivable that they would quickly adopt them for offshore installations. It would be a step toward clearing the coal-fed brown haze that envelopes much of East Asia.
42
Vinnem, Jan-Erik. "Use of accident precursor event investigations in the understanding of major hazard risk potential in the Norwegian offshore industry." Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability 227, no. 1 (December 11, 2012): 66–79. http://dx.doi.org/10.1177/1748006x12468670.
Full textAbstract:
The recent offshore accidents at the Macondo and Montara fields in the US and Australia have demonstrated the importance of learning from major accident precursors in order to appraise the risk potential involved in critical offshore operations. This is fully realised by the Petroleum Safety Authority in Norway, which has a specific requirement for such learning in its regulations. However, an unfortunate practice has been developed by the major players in the Norwegian offshore industry, whereby potential is severely and systematically downplayed, probably to limit the negative exposure if the actual potential consequences were known. The present article analyses 45 major accident precursor investigations in order to demonstrate the effect of downplaying the potential of major accidents. It demonstrates how the risk potential classified in investigation reports has a random relationship to the more objective risk potential, as shown in the national risk indicator project conducted by the Petroleum Safety Authority. This is further demonstrated by comparing company investigations with authority investigations in four cases where parallel investigations were performed.
43
Sanudin, Asep Hermawan, Bernard Hasibuan, and Sugiarto Sugiarto. "Strategi Manajemen Penanggulangan Pandemi Covid-19 Pada Kegiatan Pengeboran Lepas Pantai PT.COSL INDO." Jurnal Untuk Masyarakat Sehat (JUKMAS) 6, no. 1 (April 29, 2022): 16–28. http://dx.doi.org/10.52643/jukmas.v6i1.2031.
Full textAbstract:
Thesis title is ‘’Management strategy and handling COVID-19 in oil and gas offshore drilling activity PT.COSL INDO.’’. Research Methodology by using qualitative and quantative. An interview were conducted to key person’s (Offshore Installation Manager, Offshore Installation Superintendent, HSE Advisor, Company man from PERTAMINA & doctor on duty) at Drilling Rig Asian Endevour 1 of PT.COSL INDO. To obtain the best strategy by using SWOT analysis and QSPM matrix analysis to determine which strategy is more applicable and proper. Whereas, to measure how staff’s perception about COVID-19 policy by distributed questionnaires to 77 workers. HIRARC method also utilized to identify hazard in some activity which may contribute in spreading COVID-19 as well as control measure implemented to mitigate the risks. The results of study comprises of: Rig AE1 PT.COSL INDO using client Standing Order and Corporate MERP to handle and to control of COVID-19, Key Person applied Collaborative strategy with its Subcontractors as well as Crewing Management to recruit local staff in lieu of expatriate and at least 12 activities most common frequent which found as potential virus contamination.
44
Siahaan, Mangapul. "Perancangan Enterprise Architecture Sistem Informasi Menggunakan Framework TOGAF ADM 9.2 PT. XYZ." Jurnal Sisfokom (Sistem Informasi dan Komputer) 10, no. 1 (April 27, 2021): 141–49. http://dx.doi.org/10.32736/sisfokom.v10i1.1087.
Full textAbstract:
PT.XYZ is a gas oil manufacturing company, which produces offshore oil and gas drilling equipment. In supporting its business processes, this company uses a separate module application which causes data flow to be interrupted and results in the company experiencing delays in managing data and getting information on time. Based on the analysis of the problem, the researcher will design an integrated enterprise information system architecture for sales, finance, raw material procurement, production, project plan, and inventory. The method used is the TOGAF ADM 9.2 framework which consists of four phases, namely the vision architecture, business architecture, information system architecture, and technology architecture phases. This enterprise architecture design produces a blueprint as a guideline or framework in the development of information systems at PT. XYZ. The overall result of this research is to produce an enterprise architecture information system design
45
Mykhaylenko, Alona, Ágnes Motika, Brian Vejrum Waehrens, and Dmitrij Slepniov. "Accessing offshoring advantages: what and how to offshore." Strategic Outsourcing: An International Journal 8, no. 2/3 (June 15, 2015): 262–83. http://dx.doi.org/10.1108/so-07-2015-0017.
Full textAbstract:
Purpose – The purpose of this paper is to advance the understanding of factors that affect offshoring performance results. To do so, this paper focuses on the access to location-specific advantages, rather than solely on the properties of the offshoring company, its strategy or environment. Assuming that different levels of synergy may exist between particular offshoring strategic decisions (choosing offshore outsourcing or captive offshoring and the type of function) and different offshoring advantages, this work advocates that the actual fact of realization of certain offshoring advantages (getting or not getting access to them) is a more reliable predictor of offshoring success. Design/methodology/approach – A set of hypotheses derived from the extant literature is tested on the data from a quantitative survey of 1,143 Scandinavian firms. Findings – The paper demonstrates that different governance modes and types of offshored function indeed provide different levels of access to different types of location-specific offshoring advantages. This difference may help to explain the ambiguity of offshoring initiatives performance results. Research limitations/implications – Limitations of the work include using only the offshoring strategy elements and only their limited variety as factors potentially influencing access to offshoring advantages. Also, the findings are limited to Scandinavian companies. Originality/value – The paper introduces a new concept of access, which can help to more reliably predict performance outcomes of offshoring initiatives. Recommendations are also provided to practitioners dealing with offshoring initiatives.
46
Jilkine, V. A. "Introduce CRS Standards for the Automatic Exchange of Tax Information into International Practice and Improve the Legal Regime on Controlled Foreign Companies." Russian Journal of Legal Studies 5, no. 4 (December 15, 2018): 70–75. http://dx.doi.org/10.17816/rjls18446.
Full textAbstract:
Countering crime in taxation area is one of the crucial tasks since this type of offence encroaches upon the economic principles and the power of the state, promotes development of corruption ties and therefore is deemed to be among the most dangerous perils to the national financial security. The Tax Policy Centre of the Organization for Economic Co-operation and Development has launched a system, within the framework of the Automatic Exchange Portal, for disclosure of schemes aimed at circumventing the single standard (CRS) for automatic exchange of information on taxpayers’ accounts. The law on the place of residence (location) is applicable in terms of international private law pertaining to OECD information exchange rules. The legislation on controlled foreign companies proved to be the legislators’ response, in most of the developed countries, to minimization of taxation in offshore zones, having the purpose to prevent tax evasion through offshore companies established in jurisdictions with minimal taxation. On 27.12.2017, within the framework of the course for counteracting offshore structures and obtaining unreasonable tax benefits, certain amendments were introduced in Federal Law No. 376-ФЗ, with specification of conditions for classifying a foreign company as a controlled foreign company; setting the criteria for recognizing individuals and organizations to be controlling entities; introducing a procedure for taxation and exemption of controlled foreign company’s profit from taxation. In this regard, it is necessary to draft a number of laws aimed at development of mechanisms for return of capital to the Russian jurisdiction and regulation of legal norms intending to release business representatives from paying the 13-percent tax in the event of termination of their business abroad.
47
Izquierdo-Pérez, Jorge, Bruno M. Brentan, Joaquín Izquierdo, Niels-Erik Clausen, Antonio Pegalajar-Jurado, and Nis Ebsen. "Layout Optimization Process to Minimize the Cost of Energy of an Offshore Floating Hybrid Wind–Wave Farm." Processes 8, no. 2 (January 21, 2020): 139. http://dx.doi.org/10.3390/pr8020139.
Full textAbstract:
Offshore floating hybrid wind and wave energy is a young technology yet to be scaled up. A way to reduce the total costs of the energy production process in order to ensure competitiveness in the sustainable energy market is to maximize the farm’s efficiency. To do so, an energy generation and costs calculation model was developed with the objective of minimizing the technology’s Levelized Cost of Energy (LCOE) of the P80 hybrid wind-wave concept, designed by the company Floating Power Plant A/S. A Particle Swarm Optimization (PSO) algorithm was then implemented on top of other technical and decision-making processes, taking as decision variables the layout, the offshore substation position, and the export cable choice. The process was applied off the west coast of Ireland in a site of interest for the company, and after a quantitative and qualitative optimization process, a minimized LCOE was obtained. It was then found that lower costs of ~73% can be reached in the short-term, and the room for improvement in the structure’s design and materials was highlighted, with an LCOE reduction potential of up to 32%. The model serves usefully as a preliminary analysis. However, the uncertainty estimate of 11% indicates that further site-specific studies and measurements are essential.
48
Fleming, Paul, Jennifer Annoni, Jigar J. Shah, Linpeng Wang, Shreyas Ananthan, Zhijun Zhang, Kyle Hutchings, Peng Wang, Weiguo Chen, and Lin Chen. "Field test of wake steering at an offshore wind farm." Wind Energy Science 2, no. 1 (May 8, 2017): 229–39. http://dx.doi.org/10.5194/wes-2-229-2017.
Full textAbstract:
Abstract. In this paper, a field test of wake-steering control is presented. The field test is the result of a collaboration between the National Renewable Energy Laboratory (NREL) and Envision Energy, a smart energy management company and turbine manufacturer. In the campaign, an array of turbines within an operating commercial offshore wind farm in China have the normal yaw controller modified to implement wake steering according to a yaw control strategy. The strategy was designed using NREL wind farm models, including a computational fluid dynamics model, Simulator fOr Wind Farm Applications (SOWFA), for understanding wake dynamics and an engineering model, FLOw Redirection and Induction in Steady State (FLORIS), for yaw control optimization. Results indicate that, within the certainty afforded by the data, the wake-steering controller was successful in increasing power capture, by amounts similar to those predicted from the models.
49
Amorosi, Mark, George Zornada, Todd Gibson, Joel Almquist, and Pablo J. Man. "Cross border master-feeder arrangements: SEC staff slightly expands utility of offshore feeders for global investment management firms, but tax and other challenges remain." Journal of Investment Compliance 18, no. 3 (September 4, 2017): 16–20. http://dx.doi.org/10.1108/joic-06-2017-0038.
Full textAbstract:
Purpose To analyze the recent SEC no-action relief allowing a non-US investment company to invest as a feeder fund in a US registered open-end management investment company without complying with all of the conditions of Section 12(d)(1)(E) of the Investment Company Act of 1940. Design/methodology/approach This article discusses the various conditions that a non-US investment company investing as a foreign feeder in a US registered open-end management investment company must satisfy in order to avoid complying with certain provisions of Section 12(d)(1)(E) of the Investment Company Act of 1940. In addition, the article analyzes certain potential tax and regulatory challenges facing firms seeking to rely on the relief. Findings This article concludes that the SEC no-action relief is an incremental step in reducing barriers to global distribution of US registered funds and may marginally increase the use of cross-border master-feeder arrangements as contemplated by the no-action letter. Nevertheless, this article cautions that significant impediments to global distribution of US registered funds remain, including tax withholding and non-US law issues. Originality/value This article contains valuable information about the regulatory impediments to global distribution of US registered funds, as well as learned assessments of the impact of recent developments in this space by experienced securities lawyers.
50
Evans, Louis H., Jeffery T. Spickett, Joseph R. Bidwell, Robert J. Rippingale, and Helen L. Brown. "APPLICATION OF ECOTOXICOLOGY TO ENVIRONMENTAL MANAGEMENT IN THE AUSTRALIAN OFFSHORE OIL AND GAS INDUSTRY." APPEA Journal 34, no. 1 (1994): 809. http://dx.doi.org/10.1071/aj93061.
Full textAbstract:
Environmental impact from offshore oil and gas exploration and production is likely to arise from five main sources—produced formation water, drilling fluids and cuttiftgs, industrial chemicals used in production activities, accidental oil spills and the physical disruption of the marine environment by coastal and offshore engineering works. The principle task of environmental managers is to evaluate the risk of impact on the marine environment from their company's activities and to formulate and implement company policy and procedures aimed at minimising this risk. Of critical importance is the determination of the extent and scope of the environmental program designed to control and monitor impacts.The development of environmental management programs in the oil and gas industry involves two main processes—ecological risk assessment and formulation of a monitoring program. This review outlines the steps involved in ecological risk assessment with specific reference to the offshore oil and gas industry. Information is presented on the basic principles involved in risk assessment, the main source of environmental impact from offshore oil and gas exploration and production and the different approaches that can be used to predict and monitor impacts. Approaches for improving the cost efficiency of ecotoxicological testing are discussed. Results of recent ecotoxicological studies on a biocide preparation and two corrosion inhibitors used in oil and gas production activities on the North West Shelf are also presented.