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Energean Oil
Energean plc is an international hydrocarbon exploration and production company, with a focus on natural gas. It is listed on the London Stock Exchange as well as the Tel Aviv Stock Exchange and is a constituent of the FTSE 250 Index. History The company was established as Aegean Energy SA, a Greek-owned business, in 2007. It started operations when it acquired Eurotech Services SA from Regal Petroleum in December 2007. It changed its name to Energean Oil & Gas in 2010 after it started developing sites in the north Aegean Sea. It was then the subject of an initial public offering in March 2018 on the London Stock Exchange. The company listed on the Tel Aviv Stock Exchange in October 2018. In June 2019, it was reported to be in talks with financial entities to raise up to $1.5 billion. In July 2019, Energean made a deal to buy Italy's Edison oil and gas business for $750 million, which would be funded via a $265 million equity placing and a $600 million loan followed by a further ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Tanin Gas Field
The Tanin gas field ( he, מאגר תנין, "Crocodile reservoir" or “ Taninn reservoir”) is a natural gas reservoir located 120 km off the coast of Israel. It is the country's seventh natural gas discovery, located nearby the much larger Leviathan gas field. On 5 February 2012 Noble Energy reported that the ''Ensco 5006'' drilling rig (formerly the ''Pride North America'') had struck gas at a depth of 5,500 m. Preliminary estimates put the potential for natural gas at Tanin at 1.2-1.3 trillion cubic feet. A subsequent report evaluated the field as containing 1.1 trillion cubic feet of natural gas: 0.6 TCF proven (contingent) reserves and 0.5 TCF prospective. Tanin is located within the Alon A license, in which three companies are partners: Noble Energy (47%), Delek Drilling (26.5%), and Avner Oil Exploration (26.5%). It is Israel's third-largest natural gas reservoir. Due to Noble Energy and Delek (and its subsidiary Avner’s) monopolistic position in the domestic natu ...
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Energy Companies Of England
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when s ...
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2007 Establishments In Greece
7 (seven) is the natural number following 6 and preceding 8. It is the only prime number preceding a cube. As an early prime number in the series of positive integers, the number seven has greatly symbolic associations in religion, mythology, superstition and philosophy. The seven Classical planets resulted in seven being the number of days in a week. It is often considered lucky in Western culture and is often seen as highly symbolic. Unlike Western culture, in Vietnamese culture, the number seven is sometimes considered unlucky. It is the first natural number whose pronunciation contains more than one syllable. Evolution of the Arabic digit In the beginning, Indians wrote 7 more or less in one stroke as a curve that looks like an uppercase vertically inverted. The western Ghubar Arabs' main contribution was to make the longer line diagonal rather than straight, though they showed some tendencies to making the digit more rectilinear. The eastern Arabs developed the digit fr ...
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Non-renewable Resource Companies Established In 2007
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ...
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Companies Listed On The London Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Energy Companies Established In 2007
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Floating Production Storage And Offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker (like the '' Seawise Giant'') or can be a vessel built specially for the application. A vessel used only to store oil (without processing it) is referred to as a floating storage and offloading (FSO) vessel. The first of a related type, floating liquefied natural gas vessels, went into service in 2016. Types FPSOs are classified into the following types. * ...
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Barrel Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ... reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Internal Revenue Service defines a BOE as equal to 5.8 million BTU. (, about [Higher heating value, HHV], or about .) The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value ...
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Dor, Israel
Dor ( he, דּוֹר) is a moshav in northern Israel. Located near Zikhron Ya'akov, it falls under the jurisdiction of Hof HaCarmel Regional Council. In it had a population of . It was named after the ancient Phoenician city of Dor, which was inhabited by the tribe of Manasseh in the Israelite period. History The earliest remains at the Tel Dor site date back to the Canaanite period ending about 1200 BCE. Later, the Shkil tribe of sea raiders inhabited Tel Dor, as described in the letters of the Egyptian traveler Wen-Amon. The Phoenicians settled at Dor approximately 1100 BCE, and subsequently it became King Solomon's main port on the Mediterranean. Modern Dor was named after the ancient Phoenician city of Dor, which was inhabited by the tribe of Manasseh in the Israelite period. The city is mentioned in the Bible, in the Book of Joshua 17:11 and 1 Chronicles 7:29). The ancient city of Dor was situated on the excavated tell north of today's moshav, overlooking Kibbutz Nahsholim ...
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Billion Cubic Metres Of Natural Gas
Billion cubic meters of natural gas (abbreviated: bcm) or cubic kilometer of natural gas is a measure of natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ... production and trade. Some definitions cite volume, others energy content. Dependant of implied standards, this measure may represent different value of energy content. According to the standard defined by the International Energy Agency, it corresponds in average to of energy in the case of Russian natural gas and of energy in the case of Qatar's natural gas. Volume based definitions According to the standard defined by the International Energy Agency, the gas physical volume is used, which is measured at the temperature of at atmospheric pressure. According to the Russian standard, the gas volume is measured ...
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Bank Hapoalim
Bank Hapoalim ( he, בנק הפועלים lit. ''The Workers' Bank'') is one of Israel's largest banks. History The bank was established in 1921 by the ''Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the ''Histadrut'' until 1983, when it was nationalized following the Bank Stock Crisis. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison. The bank has a significant presence in global financial markets. In Israel, it has over 600 ATMs (automated teller machines), 250 bank branches, 7 regional business centers, 22 business branches and industry desks for major corporate customers. The bank's stock is traded on the Tel Aviv Stock Exchange. At the end of 2015, the bank had 11,930 employees worldwide. It is controlled by Arison Holdings, owned by Shari Arison. Arison Holdings owns a total of 15.74 per ...
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