Brent Spar was first installed in Brent Field in June 1976 (Kirby 1998). This oil platform is designed as a huge floating production stage facility and owned by Shell and Esso for business purposes which including oil storage and tanker loading. After serving for 15 years, Shell decided to abandon the platform by dumping it into deep water sea with the approval of the UK Government (Kirby 1998). In 1995, Shell announced the granted dispose plan to the world. However, this has been strongly…
Egoli is a company that is involved in the oil and gas industry. Its main operations involve upstream activities. As consultants the objective of the following report is to highlight certain issues and provide solutions to which these issues can be resolved. The fields that will be discussed includes: entrepreneurship and business, business strategy, business risk and fraud and IT in businesses. The report is prioritized and may not include every issue or problem. Business and Entrepreneurship…
When I were woken up by a 5.8 magnitude earthquake from Pawnee, Oklahoma on last Saturday morning, I just thought I was in a dream. Is Texas near a seismic zone? Again, I heard my cousin, a petroleum engineer, talk about the hydraulic fracturing which causes the frequent earthquakes recently. hydraulic fracturing, or fracking, is widely used by the oil and gas companies in Texas and Oklahoma to produce oil and natural gas. Although hydraulic fracturing technology successfully reduce…
FrackNation is a documentary produced by Phelim McAleer. Phelim aims to address what the filmmakers say is the wrong information about the process of hydraulic fracturing when drilling for oil in the ground, commonly called fracking. The film looks at many different ways that fracking for natural gas, oil, and other minerals in the ground occurs and tries to address the concerns surrounding the process that were said to be happening in the anti-fracking film Gasland. Gasland was made by Josh Fox…
However, the article fails to discuss how signature processes can be successfully implemented. It assumes that if a company has a signature process, it is fulfilling the role that management has mandated. BP’s signature process was well-known but not fully enforced. In some ways, the article’s authors were naive, since they took the signature process at face value and failed to account for its implementation and other factors leading to superior performance. They relied on secondary…
Osage Nation’s Black Gold The Petroleum industry burst at the seams across the United States’ rich petroleum deposits throughout the 19th century. In the wake of the rush for the black liquid gold, boomtowns grew overnight and the landscape was instantaneously changed. Yet, Osage Nation stood apart from the rest of the Oklahoma in the development of the expansive oil fields throughout the state. Under the tradition of the common laws adopted by the British the land right was under private…
natural gas by using horizontal drilling and fracturing of shale formations will solve many of our nation’s issues. He cites that our abundant supply of natural gas has the ability to improve our economy, the environment, and geopolitical conditions as well provide a constant, dependable, global energy supply for at least a century. He backs these claims by listing examples of recently discovered natural gas basins in the United States and abroad and by showing that the current gas supply has…
Froth Treatment: Oil Sands Bitumen Recovery Introduction This description will give you an understanding of the fundamentals behind the Bitumen Froth Treatment process, as performed at Naphthenic Froth Treatment (NFT) operating sites. Bitumen is the valuable hydrocarbon component of the ore formation which begins in the ground, and is extracted by the Mining department. Prior to entering the Froth Treatment facility, the Bitumen Froth is created by mixing the ore with hot water for…
Despite the negative health effects that skin-lightening products pose, two major factors play an important role in persisting sale of these products. One of the first reason being is the media ownership which is dominated by the West. As noted by Dwayne Winseck, nine out of top ten global media companies are owned by Western countries and “they operate across many different media markets, including television, film, newspapers, publishing and the internet” (2011:20). This concentration of media…
Unocal Oil Company of California (Unocal) was founded in 1890, and has developed into a full service oil business in 1990’s. The services include extraction, refining, distribution, marketing, and retail. In the United States most of the oil fields were almost depleted, so Unocal turned to foreign investments focusing on presenting the fact that they had expertise in all aspects of oil and gas production to the governments. “One of the international projects that attracted the company’s…