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...This would ensure that the US could harvest critical minerals from the ocean floor once the ISA has agreed regulations for deep-sea exploration, which may come next year....
...voyage was one of nine such intrusions since September, a sharp uptick from just two in each of the previous three years, according to tracking data of nearly 80 ships from Spire Global, a satellite data company...
...A company controlled by hedge fund manager Sir Paul Marshall has lost a legal battle over silver bars worth about $43mn that were recovered from a shipwreck in the Indian Ocean....
...According to company filings, he controls Argentum Exploration, which was incorporated in 2012....
...It may well sell down its stake to an international oil company. Candidates include Shell, Total and Chevron, which are all drilling, or planning to drill, in the same Orange oil basin....
...Norway is allowing fossil fuel exploration, as well as issuing licences for drilling and deep sea mining for minerals....
...Almost all international exploration licences are in the Clarion-Clipperton Fracture Zone, in the Pacific Ocean near Hawaii....
...The deal follows a wave of merger and acquisition activity in the US oil and gas sector, as companies seek to acquire dwindling drilling acreage....
...It is unpopular with environmentalists who argue that CCS enables oil companies to keep drilling....
...Exploration companies, meanwhile, were struggling to raise capital because of interest rate hikes, he added. “Exploration is where babies come from....
...Overall, Petrobras plans to spend $7.5bn on exploration over the next five years drilling 50 wells, mostly in Brazilian waters....
...Imagine if a country launched a 1.4-megaton nuclear warhead into space and detonated it 400 kilometres above the Pacific Ocean, generating such a huge burst of electromagnetic energy that it resulted in...
...The decision to allow exploration and potentially extraction has drawn fire from everybody from environmentalists and fishing groups to big companies and, most recently, the European parliament....
...The Metals Company, the group behind the exploration, said the environmental campaign organisation was attempting to decide the fate of deep-sea mining instead of allowing evidence to be gathered on its...
...Indian Ocean....
...But they also provide access to sophisticated technologies that are vital to support exploration and development of complex drilling operations....
...That left the former with the upstream business focused on gas exploration and production and the latter on storage and transport....
...As one of the fictional oil conglomerate’s offshore maintenance operatives, he (and therefore you) must help tend to the drilling platforms and pipelines that litter the ocean floor....
...Turkey has also been launching its own exploration and production operations, including a large gas site in the Black Sea and oil drilling in the country’s south-east....
...Biden’s calls for more drilling....
...Heather Powell, chief executive of Ventana Exploration and Production, an oil and gas company based in Oklahoma City, said the shale crash had left deep scars on producers and investors, who were now reluctant...
...That adherence to strict exploration plans suggests the US shale energy industry will shift further away from its role as a swing supplier, able to quickly turn up the production dial to douse price rises...
...In the US, lands leased for oil and gas can also be used for geothermal drilling without having to apply for new permits....
...Michael Stott So the state-controlled oil company Petrobras has applied for permission to do some exploratory drilling off the coast of the Amazon....
...Independent exploration and production companies (E&Ps) have changed radically. They not only generate cash but reward shareholders with steady dividends and buybacks....
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