|
Prinos Oil Field
The Prinos oil field is an oil field located in the northern Aegean Sea, between the island of Thasos and city of Kavala on the mainland. It was discovered in 1971 by the Oceanic Exploration company of Denver. The field was developed by Energean Oil & Gas. It began production in 1974. It was named after the village of Prinos on Thasos, the nearest inhabited place. The total proven reserves of the Prinos oil field were estimated at 90 million barrels (12×106tonnes), and production is centered on . However, by 2020 it has delivered some 120 million barrels of crude, exceeding the original estimate. The output of the field was loss-making for the company and in 2020, the Energean Oil & Gas asked for the government support. See also * Energy in Greece 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring List of islands of Greece, thousands of islands. The country consists of nine Geographic regions of Greece, traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilization, being the birthplace of Athenian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aegean Sea
The Aegean Sea ; tr, Ege Denizi (Greek language, Greek: Αιγαίο Πέλαγος: "Egéo Pélagos", Turkish language, Turkish: "Ege Denizi" or "Adalar Denizi") is an elongated embayment of the Mediterranean Sea between Europe and Asia. It is located between the Balkans and Anatolia, and covers an area of some 215,000 square kilometres. In the north, the Aegean is connected to the Marmara Sea and the Black Sea by the straits of the Dardanelles and the Bosphorus. The Aegean Islands are located within the sea and some bound it on its southern periphery, including Crete and Rhodes. The sea reaches a maximum depth of 2,639m to the west of Karpathos. The Thracian Sea and the Sea of Crete are main subdivisions of the Aegean Sea. The Aegean Islands can be divided into several island groups, including the Dodecanese, the Cyclades, the Sporades, the Saronic Islands, Saronic islands and the North Aegean islands, North Aegean Islands, as well as Crete and its surrounding islands. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energean Oil & Gas
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jackup Rig
A jackup rig or a self-elevating unit is a type of mobile platform that consists of a buoyant hull fitted with a number of movable legs, capable of raising its hull over the surface of the sea. The buoyant hull enables transportation of the unit and all attached machinery to a desired location. Once on location the hull is raised to the required elevation above the sea surface supported by the sea bed. The legs of such units may be designed to penetrate the sea bed, may be fitted with enlarged sections or footings, or may be attached to a bottom mat. Generally jackup rigs are not self-propelled and rely on tugs or heavy lift ships for transportation. Jackup platforms are almost exclusively used as exploratory oil and gas drilling platforms and as offshore and wind farm service platforms. Jackup rigs can either be triangular in shape with three legs or square in shape with four legs. Jackup platforms have been the most popular and numerous of various mobile types in existence. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workover
The term workover is used to refer to any kind of oil well intervention involving invasive techniques, such as wireline, coiled tubing or snubbing. More specifically, a workover refers to the expensive process of pulling and replacing completion or production hardware in order to extend the life of the well. Reason to perform a workover Workovers rank among the most complex, difficult and expensive types of wellwork. They are only performed if the completion of a well is terminally unsuitable for the job at hand. The production tubing may have become damaged due to operational factors like corrosion to the point where well integrity is threatened. Downhole components such as tubing, retrievable downhole safety valves, or electrical submersible pumps may have malfunctioned, needing replacement. In other circumstances, the reason for a workover may not be that the completion itself is in a bad condition, but that changing reservoir conditions make the former completion unsu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thasos
Thasos or Thassos ( el, Θάσος, ''Thásos'') is a Greek island in the North Aegean Sea. It is the northernmost major Greek island, and 12th largest by area. The island has an area of and a population of about 13,000. It forms a separate regional unit within the East Macedonia and Thrace region. Before the local administration reform of 2011, it was part of the Kavala Prefecture. The largest town and the capital is Thasos, officially known as ''Limenas Thasou'', "Port of Thasos", situated at the northern side. It is connected with the mainland by regular ferry lines between Keramoti and Thassos town, and between the regional centre of Kavala and Skala Prinou. Thasos's economy relies on timber from its forests, marble quarries, olive oil, and honey. Tourism has also become important since the 1960s, although not to the level of other Greek islands. History Mythology Staphylus ( grc, Στάφυλος), the beloved son of god Dionysus, lived in Thasos. Prehistory Lying clo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kavala
Kavala ( el, Καβάλα, ''Kavála'' ) is a city in northern Greece, the principal seaport of eastern Macedonia and the capital of Kavala regional unit. It is situated on the Bay of Kavala, across from the island of Thasos and on the Egnatia motorway, a one-and-a-half-hour drive to Thessaloniki ( west) and a forty-minute drive to Drama ( north) and Xanthi ( east). It is also about 150 kilometers west of Alexandroupoli. Kavala is an important economic centre of Northern Greece, a center of commerce, tourism, fishing and oil-related activities, and formerly a thriving trade in tobacco. Names Historically the city is also known by two different names. In antiquity the name of the city was Neapolis ('new city', like many Greek colonies). During the Middle Ages was renamed to Christo(u)polis ('city of Christ'). Etymology The etymology of the modern name of the city is disputed. Some mention an ancient Greek settlement of ''Skavala'' near the town. Others propose that the na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prinos, Thasos
Prinos ( el, Πρίνος) is a village on the island of Thasos in northern Greece. The village is located in the northwest of the island, 17.4 km southwest from the island's capital and main port of Limenas, and 21.8 km north of Limenaria (in the south of Thasos). The village of Skala Prinou (Σκάλα Πρίνου) is home to the second largest ferry port on the island, with regular routes to Kavala and Nea Peramos in mainland Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders .... References External links Official municipality website {{Authority control Populated places in Thasos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Mirror
{{Infobox Newspaper , , name = , image = Financial Mirror cover.jpg , image_size = 270px , caption = , type = Weekly newspaper , format = , foundation = 1993 , publisher =Masis der Parthogh , political = , headquarters = Nicosia, Cyprus , editor = , website Financial Mirror The ''Financial Mirror'' is an independent weekly business newspaper in Cyprus. Established in 1993, it is published every Saturday and complies with the Interior Ministry's Press and Information Office regulations for media, with a website and social media presence. The main paper is published in English, with sections in the past in Greek and Russian. It is printed on salmon-pink newsprint in ‘tabloid’ format. It used to publish a supplement in Greek (called Chrima & Agora, ''Xρήμα & Aγορά''), as well as a standalone weekly sister publication in Greek up to 2003 (OIKONOMIKI). The newspaper has survived and witnessed key event ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> The New York Times")