News / Asia

US Navy Chief Warns Pyongyang Over Nuclear Threats

U.S. Pacific Command, Adm. Samuel Locklear speaks during a roundtable briefing with the media members at the U.S. Embassy in Tokyo, April 11, 2012.
U.S. Pacific Command, Adm. Samuel Locklear speaks during a roundtable briefing with the media members at the U.S. Embassy in Tokyo, April 11, 2012.
TEXT SIZE - +
Luke Hunt

You May Like

South Africa to Host World's Biggest Telescope

South Africa competed against Australia to host the telescope, the final decision was to split the SKA between the two countries More

Report: Global Warming Could Reverse Development

World Bank study says warmer climates threaten advances and could exacerbate poverty in world’s poorest regions More

Inmates Fight Fires, Gain Skills for Life After Prison

In California, physically fit inmates with no history of violent crimes can train, work as firefighters while serving their time More

This forum has been closed.
Comment Sorting
Comments
     
by: Cris Calitina
February 19, 2013 12:59 AM
Commercialising new oil & gas reserves?

Inevitably, many of your new finds are in areas straddling internationally disputed boundaries, such as in the Thai Gulf, Tarakan Basin, Baram Delta, Timor Sea, Bay of Bengal, among others in Asia-Pacific and the world (Caspian Sea, Lake Malawi, South China Sea etc.)

E&P companies are therefore seeking ways to commercialise these petroleum reserves through either delimitation of boundaries or other means such as joint development and unitisation.

BUT REALLY – how long would it take for even just 2 claimants to agree on a boundary delimitation?

50 years. And you just don’t have that time to wait around! So JDAs and unitisation techniques are now top of mind for companies seeking to develop and commercialise important new oil & gas reserves.

The 2nd INTERNATIONAL BOUNDARY DISPUTES AND UNITISATION IN E&P (13-14 March 2013, Bangkok, Thailand) continues the work towards actionable insights, giving operators and regulators the technical know-how and keeping you up-to-date on the intricate web of issues and actors surrounding commercialisation of petroleum reserves straddling boundaries.


Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Video

Video Inmates Fight Fires, Gain Skills for Life After Prison

The western state of California is known for wildfires that can quickly burn out of control, and this year the fire season has been extremely busy. Because of the fire risk, the state has some of the most experienced firefighters in the industry. It also enlists the help of prisoners to stop the fires. VOA's Elizabeth Lee reports from southern California.