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Petrobaltic
Lotos Petrobaltic S.A. is a Polish oil company. It was set up in November 1990. On 1 January 1999, the firm was transformed in limited liability company and the only shareholder become the State Treasury. The company is the only firm in Poland performing exploration and production of crude oil and gas in the Baltic Sea. B3 oil field is currently in production and has a 2006 production of 1.9 million bbl/year. The company has its head office in Gdańsk. Exploration and exploitation of oil and gas deposits are performed with three drilling platforms: ''Petrobaltic'', '' Baltic Beta'' and ''Jacket''. In 2014 Lotos bought new drilling platform (used one from 1989, made in Singapore, transferred from Transocean Offshore Gulf of Guinea Ltd., operating previously in west Africa) for ~ 300 mln. PLN, with cost paid in equal 1/3 pieces by own money, Nordea Bank Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based ...
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B3 Oil Field
B3 is an oil and gas field in the Baltic sea. The field is located 80 km off the Polish coastal town Rozewie. The crude oil is also referred to as Rozewie crude. The API gravity of the crude is 42-43 and sulfur content of 0.12 wt%. The jack up rig Baltic Beta located on the field takes care of processing, drilling and accommodation. The associated gas is sent through a pipeline to the heat and power generating plant in Wladyslawowo. Most of the oil produced from B3 is shipped by tanker to Gdansk and fed to the Gdańsk refinery The Gdańsk refinery is an oil refinery located in Poland in the town Gdańsk. It is owned by Grupa Lotos. The refinery capacity is 210 kbpd of crude oil and it has a Nelson complexity index of approximately 10. See also * Oil refinery * Pe ... as a small part of the refinery feedstock. External links Facts about B3 and other Polish oil and gas fields {{coord missing, Poland Energy in Poland Natural gas fields in Poland Oil fields of ...
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Gdańsk
Gdańsk ( , also ; ; csb, Gduńsk;Stefan Ramułt, ''Słownik języka pomorskiego, czyli kaszubskiego'', Kraków 1893, Gdańsk 2003, ISBN 83-87408-64-6. , Johann Georg Theodor Grässe, ''Orbis latinus oder Verzeichniss der lateinischen Benennungen der bekanntesten Städte etc., Meere, Seen, Berge und Flüsse in allen Theilen der Erde nebst einem deutsch-lateinischen Register derselben''. T. Ein Supplement zu jedem lateinischen und geographischen Wörterbuche. Dresden: G. Schönfeld’s Buchhandlung (C. A. Werner), 1861, p. 71, 237.); Stefan Ramułt, ''Słownik języka pomorskiego, czyli kaszubskiego'', Kraków 1893, Gdańsk 2003, ISBN 83-87408-64-6. * , )Johann Georg Theodor Grässe, ''Orbis latinus oder Verzeichniss der lateinischen Benennungen der bekanntesten Städte etc., Meere, Seen, Berge und Flüsse in allen Theilen der Erde nebst einem deutsch-lateinischen Register derselben''. T. Ein Supplement zu jedem lateinischen und geographischen Wörterbuche. Dresden: G. Schönf ...
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Crude Oil
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other Unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by Continuous distillation#Continuous distillation of crude oil, distillation, into innume ...
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Baltic Sea
The Baltic Sea is an arm of the Atlantic Ocean that is enclosed by Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden and the North and Central European Plain. The sea stretches from 53°N to 66°N latitude and from 10°E to 30°E longitude. A marginal sea of the Atlantic, with limited water exchange between the two water bodies, the Baltic Sea drains through the Danish Straits into the Kattegat by way of the Øresund, Great Belt and Little Belt. It includes the Gulf of Bothnia, the Bay of Bothnia, the Gulf of Finland, the Gulf of Riga and the Bay of Gdańsk. The " Baltic Proper" is bordered on its northern edge, at latitude 60°N, by Åland and the Gulf of Bothnia, on its northeastern edge by the Gulf of Finland, on its eastern edge by the Gulf of Riga, and in the west by the Swedish part of the southern Scandinavian Peninsula. The Baltic Sea is connected by artificial waterways to the White Sea via the White Sea–Baltic Canal and to the German ...
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Baltic Beta
Baltic may refer to: Peoples and languages *Baltic languages, a subfamily of Indo-European languages, including Lithuanian, Latvian and extinct Old Prussian *Balts (or Baltic peoples), ethnic groups speaking the Baltic languages and/or originating from the Baltic countries *Baltic Germans, historical ethnic German minority in Latvia and Estonia *Baltic Finnic peoples, the Finnic peoples historically inhabiting the area on the northeastern side of the Baltic sea Places Northern Europe * Baltic Sea, in Europe * Baltic region, an ambiguous term referring to the general area surrounding the Baltic Sea * Baltic states (also Baltic countries, Baltic nations, Baltics), a geopolitical term, currently referring to Estonia, Latvia and Lithuania * Baltic Provinces or governorates, former parts of the Swedish Empire and then Russian Empire (in modern Latvia, Estonia) * Baltic Shield, the exposed Precambrian northwest segment of the East European Craton * Baltic Plate, an ancient tectonic pla ...
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Nordea Bank
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Bankin ...
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Energy Companies Established In 1990
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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Energy In Poland
The Polish energy sector is the sixth largest in Europe. The scale of energy consumption in 1996–2015 increased from 139,593 GWh to 161,438 GWh. According to the data of PSE-Operator, Polskie Sieci Elektroenergetyczne (PSE), electricity production in October 2020 amounted to 13,553 GWh; domestic consumption amounted to 14,798 GWh. The Polish energy mix is dominated by hard coal – approx. 48% and lignite – 24%. When it comes to green energy, wind installations had the highest contribution of 9%. Other RES played a minor role, only 1%, but they are the ones that show the greatest growth dynamics. During the April 2022 Russia–European Union gas dispute, Russia cut off natural gas deliveries to Poland after demanding to be paid in Russian rubles during currency disruptions caused by the 2022 Russian invasion of Ukraine. Poland's 2040 energy plan PEP2040 is a government plan for the Polish fuel and energy sector, which aims for 50% zero-emissions by 2040. It envisions buildin ...
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Companies Based In Gdańsk
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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Non-renewable Resource Companies Established In 1990
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 i ...
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Oil And Gas Companies Of Poland
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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