Oil and gas industry expert Sir Ian Wood accuses Scottish nationalists of using overly optimistic figures on North Sea oil reserves which he dismissed as "highly speculative or even fantasy" Get the latest headlines http://www.telegraph.co.uk/ Subscribe to The Telegraph http://www.youtube.com/subscription_center?add_user=telegraphtv Like us on Facebook http://www.facebook.com/telegraph.co.uk Follow us on Twitter https://twitter.com/telegraph Follow us on Google+ https://plus.google.com/102891355072777008500/ Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Daily Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
Views: 1215 The Telegraph
Scottish First Minister Alex Salmond and British Prime Minister David Cameron set out competing visions for the future of North Sea oil production on Monday. Salmond, who is campaigning for Scottish independence ahead of a referendum in September, held a meeting of his cabinet in the coastal town of Portlethen, south of the Scottish city of Aberdeen. He called for a Norwegian-style system of managing the North Sea oil-and-gas reserves. "We are told today that North Sea oil and gas is better handled by a big country like Britain as opposed to a small country like Scotland," he told an audience in Portlethen. "That's a very interesting concept for people in this part of the world, who can glance across the North Sea to Norway, a country smaller than Scotland but a country which by every observation has handled its North Sea oil and gas resources better than the stewardship from Westminster." He said about one billion UK pounds (1.66 billion US dollars) in oil-and-gas tax revenues could go into a sovereign wealth fund similar to one set up in Norway. Over a generation, Salmond said, this could amount to a 30 billion pound (50 billion US dollar) fund. He also joked that he had worked in the industry as an energy economist before "falling among thieves", a reference to the House of Commons, where he was formerly an MP. Noting that Cameron was holding a UK government Cabinet meeting in the Aberdeen area, Salmond said that he was "ready and willing to pursue the debate (with Cameron) that so many people in Scotland want to see". Ahead of that Cabinet meeting on Monday afternoon, Cameron visited a North Sea oil installation. He argued that the oil-and-gas reserves could be better managed with Scotland as part of the United Kingdom. Specifically, he said that the "broad shoulders" of the British economy was behind the industry and would continue to stay behind it "so we get the maximum benefit out of it - the maximum benefit for all of the United Kingdom, including Scotland". He argued that because of its size, the British economy "can afford the tax allowances, the investment, the long-term structure that's necessary to ensure we recover as much from the North Sea as possible". Cameron reiterated his argument that the United Kingdom would be better off if it stayed together. The future of North Sea oil and gas is being fiercely debated ahead of the September independence referendum. Monday's events in Aberdeen came in the wake of a review produced for the British government which included calls to set up a new industry regulator. The North Sea reserves are estimated to contain the equivalent of between 15 (b) billion and 24 (b) billion barrels of oil, which could mean about another 30 to 40 years of production. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/50b6e8f93ca732581e566167f3f0b506 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 80 AP Archive
Scottish independence: Debate over North Sea oil reserves. Campaigns on both sides of the Scottish independence debate have been contesting exactly how much oil Scotland might have left in the North Sea. It was one of the subjects discussed by Scottish First Minister Alex Salmond and leader of the Better Together campaign Alistair Darling in their final televised debate. Alan Little reports from Aberdeen on the Scottish oil industry and the disagreement about how many barrels are left.
Views: 87 Top 10
The first 500 people to use this link will get a 2-month free trial of Skillshare: http://skl.sh/businesscasual10 Use it to watch my new class on how the stock market works: http://skl.sh/investing101 Support me on Patreon to get early access to my future videos: https://www.patreon.com/business_casual Join me at BC's subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 53rd video of the Behind the Business Series. #uk #norway #oil Under the kind patronage of Nagabhushanam Peddi, James Gallagher & Brett Gmoser.
Views: 529138 Business Casual
10 Countries With The Largest Oil Reserves Which country will still be fueled when everyone else has long run dry? Find out by watching 10 countries with the largest oil reserves Music = Preacher Man by Dan Skinner, Adam Skinner & Randall Breneman Click to Subscribe.. http://bit.ly/WTVC4x Videos in the Endcard: 10 Deadliest Poisons Known To 'Humanity' - https://www.youtube.com/watch?v=RZ-7kw5JLMA&list=PLB816C7FA171B8186&index=4 10 Things That Make You A 90s Kid - https://www.youtube.com/watch?v=finPQLzOLUU&list=PLec1lxRhYOztxsJVTyYR_-IZY2loOVK0d&index=9 10 Common Myths About Weed - https://www.youtube.com/watch?v=L_4hYTKaf1U 10 Strange Discoveries On Google Earth - https://www.youtube.com/watch?v=nuiE0hc77NY 10 Inventors Killed By Their Own Inventions - https://www.youtube.com/watch?v=Wu9KXQmL2d8 10 Things You Didn't Know About YouTube - https://www.youtube.com/watch?v=gbOBWbe_lx0 Where else to find All Time 10s... Facebook: http://ow.ly/3FNFR Twitter: http://ow.ly/3FNMk Here are our 10 favorite videos from 2012.. Hope you have enjoyed them! :D - http://bit.ly/YfHEa4
Views: 789029 Alltime10s
In 2014 Russia became the world’s first producer of Arctic Oil or ARCO. The Prirazlomnaya platform on the Russian Shelf above the Arctic Circle, operates round the clock to extract the oil. The “Kirill Lavrov” is one of two giant tankers that ferry the black gold to land. The platform is constantly expanding, putting down new bore holes. Once extracted the oil must be carefully analysed to ensure the quality is consistent. So scientists aboard the platform never stop, from their own laboratory on the rig, they make sure the oil always meets the highest standards. Everything that happens out here is scrutinised and practiced to perfection. The man-made island has 2 search and rescue teams who practice regularly emergency drills to keep the crew safe and to respond swiftly in the unthinkable event of an oil spill. They take safety seriously, both personal and ecological, the engineers take great pride in the fact that not a drop of oil has been spilt since the rig came into operation. The Prirazlomnaya’s numbers around 200 people who work day and night in extremely harsh conditions. The shift patterns mean that they spend every other month away from their families. It certainly takes strength of character to do this job. RT Doc visits the rig to meet the people of Russia’s first Arctic oil platform, including the only woman aboard, to find out more about the process of producing ARCO safely. SUBSCRIBE TO RTD Channel to get documentaries firsthand! http://bit.ly/1MgFbVy FOLLOW US RTD WEBSITE: https://RTD.rt.com/ RTD ON TWITTER: http://twitter.com/RT_DOC RTD ON FACEBOOK: http://www.facebook.com/RTDocumentary RTD ON DAILYMOTION http://www.dailymotion.com/rt_doc RTD ON INSTAGRAM http://instagram.com/rt_documentary/ RTD LIVE https://rtd.rt.com/on-air/
Views: 289129 RT Documentary
#oilwire - Shares of Independent Oil & Gas Plc rose as much as 100% on Thursday, the second dramatic increase for a North Sea explorer this week, after the London-based company announced a tenfold increase in its southern North Sea gas reserves. IOG said the portfolio holds an estimated 303 Bcfg, up from 34 Bcfg previously. The rally followed peer Jersey Oil & Gas Plc’s sixfold increase Monday, after joint venture partner Statoil ASA announced a discovery in the UK Continental Shelf region. The share moves highlight the difficulty in valuing stocks listed on London’s resource-sector heavy Alternative Investment Market for growth companies.
Views: 16 OILWIRE
Keep Calm and Drill On (2016): Norway is one of the greenest countries on the planet, yet for decades it has used its bountiful oil reserves to bankroll its economy. Now its citizens are wondering how long their country can sustain this environmental paradox. For similar stories, see: Could Arctic Resources Ignite a War? https://www.youtube.com/watch?v=KuQKHtZsh3U How Global Warming Is Transforming Greenland's Economy (2014) https://www.youtube.com/watch?v=cQSaAOIyxVY The Himalayan Glaciers Are Melting Faster Than Anywhere On Earth https://www.youtube.com/watch?v=hPa_m5qNF6s Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/6917 Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures "I’m part of the oil generation here in Norway...We don’t even have to pay to go to the dentist" boasts oil analyst Thina Saltvedt. For decades Norwegians like Thina have savoured the good life thanks to a bounty of oil in the Arctic Sea, even as their country leads the way as a renewable energy pioneer. "The idea of Norway being such a great contributor to solving climate change is a scam. We’re contributing to the problem much more than we’re contributing to the solution," argues Green MP Rasmus Hansson. Is it time for Norway to re-evaluate its dependency on oil? ABC Australia – Ref. 6917 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 33236 Journeyman Pictures
The discovery of oil reserves in the North Sea means that, over the years, many have referred to Aberdeen as the "oil capital of Europe." Times are changing, however. Today, the Scottish city is home to what is claimed to be Europe's largest fleet of hydrogen fuel cell buses. Learn more about Total's commitment to better energy : ► https://www.cnbc.com/advertorial/better-energy/ Subscribe to our YouTube channel for more videos : ► http://bit.ly/SubscribeTotal Share our commitment to better energy: ► http://www.total.com ► http://twitter.com/total ► http://www.facebook.com/Total
Views: 202 Total
Watch the full episode here: http://bit.ly/ZTlr9G With Scotland having turned down independence, and the No campaign scathing about SNP claims that an independent Scotland could exploit North Sea oil reserves, BP has announced the discovery of a new oil field in the North Sea. This comes just four weeks after the vote, in which BP chairman Bob Dudley said BP were against Scottish independence, saying Scottish oil would run out by 2050. Pro-independence campaigners may well be asking why BP didn’t announce this before the referendum. LIKE Going Underground http://fb.me/GoingUndergroundRT FOLLOW Going Underground http://twitter.com/Underground_RT FOLLOW Afshin Rattansi http://twitter.com/AfshinRattansi FOLLOW on Instagram http://instagram.com/officialgoingundergroundrt
Views: 1057 goingundergroundRT
Shell said on Monday it was halting its controversial offshore exploration in Alaska after failing to find sufficient quantities of oil and gas. The Arctic Ocean is one of the most remote places on the planet, and covers six percent of Earth’s surface area. VIDEOGRAPHIC
Views: 3720 AFP news agency
T/I: 10:48:08 Chinese geologists have discovered huge oil reserves in the remote prefecture of Aksu in Xinjiang province. The size of France, they will solve the country's energy problems and provide relief well into the next century. The Tarim Basin, of which Aksu province forms an important section, is situated at the edge of the Taklimakan Desert in Northwest China. It is being described as the future North Sea of Central Asia. At 560,000 square kilometres, the Tarim Basin contains one of the few huge oil reserves yet to be exploited. SHOWS: NORWESTERN XINJIANG PROVINCE, CHINA, RECENT PAN across ruins of Quici State, ancient city of Tangwang (on the famous Silk Road in the Aksu Prefecture of the Tarim Basin) Horse-drawn carriage driven past by tribes people Oil rig in background with trucks moving past MS of oil fields Fires burning off oil in desert Men working on oil rig Chinese flag flying next to rig Pipes carrying crude oil to storage tanks Truck being loaded with crude oil Truck moving out loaded with crude oil Exterior of pumping station Interior of pumping station Interview with Liang di Gang, Chief Geologist of the Tarim Petroleum Exploration Bureau in Kurle, southern Xinjiang Province about 500 kilometres from Urumqi, SOT:"I think Tarim is the great hope of Chinese oil industry." Man rides past on bicycle 1.57 You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/708c3214d7f95a5790a49b0f306fbcf9 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 5274 AP Archive
Northsound News talk to the people who have suffered due to the global downturn in Oil and Gas. The downturn that has seen thousands made redundant across the North-east of Scotland.
Views: 726 Northsound 1
Russian/Eng/Nat As the world's major oil supplies dry up or are threatened by war, the huge oil reserves of the Caspian Sea have caught the eye of international businesses and governments. Estimated to have the equivalent of three North Sea's worth of oil, scores of major companies have set up in the Azeri city of Baku to take advantage of the boom. Although an international oil consortium has been set up to avoid conflict some experts believe the region could become as volatile as the Middle East in the next century. For this new floating oil platform the calm waters of the Caspian are ideal for exploration and drilling. It's part of the region's third oil boom which started with the fall of the Soviet Union. International oil companies have flooded in since 1991 to tap he area's rich reserves on land and under the sea. Both Russia and America have formed foreign policy around the region, well aware that the development of oil resources can create tensions which often lead to hostilities. Regional rivals Turkey, Russia and Iran are vying for control of the oil exports in an effort to gain the upper-hand in the region and to secure influence over the former Soviet republics of Central Asia. But the Azerbaijani president Geidar Aliyev says that a combination of he new wealth brought to his country by the oil boom and his firm rule will ensure stability rather than conflict. SOUNDBITE: (Russian) \"I don't think Azerbaijan is threatened by the danger of a North-South conflict or between different countries. I don't think it's a reality but I can't guarantee against that possibility.\" SUPER CAPTION: Geidar Aliyev, Azeri President The oil reserves in this part of the world are so great that no single company could efficiently exploit them. So U-S, Russian, Japanese, British, Saudi, Turkish and Azerbaijani interests have created an international consortium. Businessmen hope international cooperation will help keep the region politically quiet and eventually turn it into a major supplier of high-grade oil for world markets. SOUNDBITE: (English) \"I think that you can see from the international interest in the Caspian at this point in time how important this is going to be as a long term resource centre to supply global oil. It's also coming onto the market , onto the global market at a time when other major basins such as the North Sea, such as Alaska etc are going into significant decline.\" SUPERCAPTION: Terry Adams, head of international oil consortium Turkey and Russia are engaged in a bitter battle to export the Caspian oil to Europe via pipelines through their own territories. So far the international consortium has not decided on the long term solution, but early oil exports will go through Russia and Georgia. Political analysts are not that optimistic of stability in the region as the people of the Caspian have along history of confrontation and full-scale wars, often triggered by rivalry over who would control the oil wells. SOUNDBITE: (English) \"It is a danger that the region could become as explosive as the Middle East. You have all the same ingredients which are available in the Middle East. You also have a long history of rivalry between Turkey and Iran, Russia and the West.\" SUPER CAPTION: Viktor Trenin, Carnegie Institute Moscow It remains to be seen whether economic expediency and common sense will prevail in regional politics over centuries of animosity and mistrust. For the time being, Azerbaijan is looking to the future full of hope. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/7812fcbfbae823a1d2af89404686ff69 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 1459 AP Archive
Subscribe to BBC News www.youtube.com/bbcnews This video could make you seasick...Huge waves crash against a swaying oil rig, as a severe storm which swept across parts of Scotland hits the North Sea. The footage of the Borgholm Dolphin installation was captured at the weekend by James Eaton, an offshore worker on the nearby Lomond Platform, around 145 miles east of Aberdeen. Subscribe to BBC News HERE http://bit.ly/1rbfUog Check out our website: http://www.bbc.com/news Facebook: http://www.facebook.com/bbcnews Twitter: http://www.twitter.com/bbcworld Instagram: http://instagram.com/bbcnews
Views: 994811 BBC News
Find more at: www.fanarco.net This lecture includes: - Basin Types and their exploration, Reserves and resources. - Case study: Gabon Basin (W. Africa). - Case study: Gulf of Mexico. - North sea - Alaskan North slope. - Prudhoe Bay - Topographic gradients. - Sediment transport. - Deposition
Views: 1950 Martin Deker
Ronnie Parr is on the hunt for hidden oil & gas reserves. The North Sea is as mysterious as it is expansive. So BP entrusts geophysicists like Ronnie Parr to shed some light on the depths within. Using 4-D seismic imaging technology, Ronnie and his team are able to locate new oil and gas reservess on the hunt for hidden oil & gas reserves. Learn more about Ronnie here http://bit.ly/ZieFKb
Views: 38832 BP
North Sea Oil is a fascinating board game written in 1974. http://www.historygamer.com/2010/06/19/north-sea-oil-board-game/ In North Sea Oil you prospect for "concessions" to be allowed to drill for oil. All players are paying money to find out how much oil they can drill for per concession and players bid for the right to be able to drill. However you start the game with no money! Thats right all players must borrow to fund their activities, and although each player may borrow lots of money (up to $5 million), various governments will be charging anything from 5 to 20% interest per turn. Large deposit concessions may be sold usually for a healthy (and instant) profit or kept for a potential huge payout per turn. The payout depends upon the price of oil per barrel, the weather and the revenue tax imposed by the government. So this is a tactically rich game and if you are into bidding games this rates right up there with the best of them in my opinion.
Views: 2207 HistoryGamerDotCom
The New Kuwait (Sep 1997) The tiny former Soviet republic of Azerbaijan is on track to become the next nation made rich through oil. Subscribe to Journeyman here: http://www.youtube.com/subscription_center?add_user=journeymanpictures# Its neighbouring Caspian Sea territory has oil reserves of more than twice the North Sea total. Already $22 billion worth of contracts have been signed with Western oil companies and oil executives are flooding into the capital Baku. Azerbaijan was one of the poorer Soviet republics because the oil was inefficiently exploited and the money stayed in Moscow. Now independent and devastated by war with neighbouring Armenia, Azerbaijan is carefully playing off Russian and Western oil interests. But fears remain that ordinary people will never see the vast wealth. Azerbaijan's war refugees are already a huge social catastrophe. Forced to flee her home in the war, Badam lives in a railway carriage with her family of seven. Azerbaijan lost 20% of its area in the war with Armenia and the government refuses permanent housing to its one million homeless, determined that one day they must return home. Azerbaijan's potential riches make it a highly strategic pawn in the greedy politics of the Caspian region. It remains to be seen if it can exploit this wealth to benefit its own people. For more information, visit https://www.journeyman.tv/film/370 Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures Produced by ABC Australia - Ref 0370 Distributed by Journeyman Pictures
Views: 9656 Journeyman Pictures
Andrew Benitz of Jersey Oil & Gas PLC (LON:JOG) says pre-funding the seismic being shot over the Verbier acreage in North Sea allows the data to be optimised and is cheaper. Capex for the appraisal programme will be at the upper end of £9-11mln including seismic. Drilling at Verbier will see an appraisal well in the summer to firm up the recoverable oil at the discovery. ''All in all, the North Sea is an exciting place to explore again'', said Benitz.
Views: 1254 Proactive Investors Stocktube
Offshore oil and gas industry expects investment in the North sea to drop by nearly 90% this year, because of declining crude prices. Like what you see? Please subscribe http://youtube.com/RTUKnews FOLLOW ON TWITTER: http://twitter.com/RTUKnews FOLLOW ON FACEBOOK: http://fb.com/RTUKnews READ MORE http://rt.com/uk/ WATCH LIVE: http://rt.com/on-air/rt-uk-air/
Views: 553 RT UK
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well. Perdido Oil Platform https://engineers-channel.blogspot.com/p/perdido-oil-platform.html Troll A Platform http://engineers-channel.blogspot.com/p/troll-platform.html Offshore Oil Drilling History http://engineers-channel.blogspot.com/p/offshore-oil-drilling-history.html Oil History http://engineers-channel.blogspot.com/p/oil-history.html Trans-Alaska Pipeline System http://engineers-channel.blogspot.com/p/trans-alaska-pipeline-system.html Snow White Gas Refinery http://engineers-channel.blogspot.com/p/snow-white-gas-refinery.html Oil Tankers https://engineers-channel.blogspot.com/p/oil-tankers.html The End of Oil https://engineers-channel.blogspot.com/p/the-end-of-oil.html
Views: 6158114 Largest Dams
The Arctic is an area with massive reserves that are extremely important for billions of people – but with unclear borderlines. History has shown us that this is an extremely dangerous situation. “Border Conflict” explains that the borders in the Arctic are disputed and have not been finally determined despite the fact that they have been defined in accordance with international criteria. Zoia Vylka Ravna is a member of the indigenous Nenets people, but she has lived away from the Russian tundra for a long time. She is now returning to her homeland in the far north of Russia where she becomes witness to the fact that her people’s traditional grazing grounds have been invaded by a new industry. Like the members of many other indigenous groups around the Polar basin she feels as though she has been robbed and forgotten. Will the countries in the north comply with international regulations while a desperate hunt for energy resource is taking place? Will it be possible to share this area without any military conflicts arising – and will the exploitation of natural resources be able to occur peacefully? In the final episode of the series “Ice Race” we stand at an important and dangerous crossroads in our search for more oil and gas. Because even though we are starting to use new sources of energy, the world will be dependent on petroleum activities for many decades to come. Despite numerous expeditions, our knowledge about the seas around the North Pole is still almost non-existent. The sovereigny of the countries around the polar basin only extends for 200 nautical miles. The remaining polar areas are administered by the UN. The race to find oil and gas in the Arctic Ocean has meant that it is therefore even more important for the five Arctic countries, i.e. USA, Russia, Canada, Norway and Denmark, to secure more of the polar basin. All these countries are therefore fighting intensely over what are sometimes overlapping border claims. These claims extend all the way to the outer limits of the continental shelf, i.e. the shallow waters off these countries’ coasts. If the new race culminates in predatory activities and major conflict, the indigenous populations could become the first and greatest loosers!
Views: 33540 Free Documentary
Industry leaders welcome North Sea oil and gas tax consultation
Views: 71 STV News
The Brent oil and gas field, operated by Shell, lies off the north-east coast of Scotland, midway between the Shetland Islands and Norway. It is one of the largest fields in the North Sea and is served by four large platforms. It has been a cornerstone of the UK's hugely successful oil and gas industry for 40 years. Now the Brent field is reaching the stage where almost all the available reserves of oil and gas have been retrieved. The next step in the lifecycle is to decommission Brent’s four platforms and their related infrastructure. As the operator, Shell is required to submit a decommissioning programme to the Department for Business, Energy and Industrial Strategy with detailed recommendations for closing down and making safe the four platforms and subsea infrastructure of the Brent field. Ten years of research, engineering studies, expert input, consultations and scientific assessments have gone into this process. Transcript: http://s00.static-shell.com/content/dam/royaldutchshell/video/business-function/external-relations/corporate/shell-idea-refinery-full-transcript.docx Welcome to Shell’s official YouTube channel. Subscribe here to learn about the future of energy, see our new technology and innovation in action or watch highlights from our major projects around the world. Here you’ll also find videos on jobs and careers, motorsports, the Shell Eco-marathon as well as new products like Shell V-Power. If you have any thoughts or questions, please comment, like or share. Together we can #makethefuture Visit our Website: http://www.shell.com/ Like us on Facebook: https://www.facebook.com/Shell/ Follow us on Instagram: https://www.instagram.com/shell/ Follow us on Twitter: https://twitter.com/shell Look us up on Flickr: http://www.flickr.com/photos/royaldutchshell Linkedin: https://www.linkedin.com/company-beta/1271/
Views: 29847 Shell
1 billion barrels of oil were discovered in British land waters. The energy company Hurricane, based in central England, said it had about 1 billion barrels of oil reserves in a field in the North Sea. British energy company Hurricane has announced that in recent years the largest oil reserves in British land have been discovered. In the company's statement, it was reported that the North Sea had about 1 billion barrels of reserves in the western 97 kilometers of Shetland Islands. The landmark oil exploration activities, planned to begin in 2019, were recorded as "worthy of attention" in two sounding wells, which were opened at a distance of 30 kilometers from each other, with a depth of 156 meters. "This is a very important moment for our company," said Robert Trice, senior manager of the company. The reconnaissance made in the field, also known as the Greater Lancaster area, is believed to have been the greatest discovery in the UK continental landscape in recent years. " Following the announcement, the company's shares gained 6 percent. Deirdre Michie, Oil and Gas UK representative of the oil and gas sector representative, said, "The discovery of British land waters is extremely exciting. Search and production companies are returning to the field is increasing our optimism, "he explained.
Views: 98 Gevul News
India Russia made a Unbelievable Deal on Oil and Military Trade . Moscow offers New Delhi access to oil-&-gas-rich northern sea route . NEW DELHI Russia, that holds significant part of resource-rich Arctic region, has offered India access to the Northern Sea Route that connects Europe with the Pacific Rim including additional supplies of natural gas and joint development of gas fields to meet New Delhi’s growing energy needs. Russian President Vladimir Putin made this announcement here on Friday in the presence of Prime Minister Narendra Modi while addressing a business summit. “…the Prime Minister and I discussed this earlier today; we welcome our Indian partners to join the work in the Arctic as well. This is a very promising, long-term and very serious project that looks decades ahead, one with good investment and good return. As the climate continues to change — in some places, this is good, and elsewhere perhaps not so good —the Northern Sea Route offers growing opportunities,” Putin said in his address. “We are building a nucleear-powered fleet, eight nucleear-powered ships, which will be steadily put into operation. This work is in progress. This will ensure reliable LNG supplies to the Indian and world markets. So this could be very interesting joint work,” he said. There was concrete reference to Indo-Russian partnership in the Arctic region in the joint statement issued after the annual summit on Friday. “The two governments also expressed support to companies from both sides ‘for development of cooperation and exploring opportunities for joint development’ of oil fields in Russian territory, including on the Arctic shelf, and projects on the shelf of the Pechora and Okhotsk Seas.” Putin and Modi also discussed a 2017 joint study on possible gas supply routes from Russia to India, sources told ET. The Arctic contains a wealth of petroleum and mineral resources. Currently, the region produces about one tenth of the world’s oil and a quarter of its natural gas. The Russian Arctic is the source for about 80% of this oil and virtually all of the natural gas. The most developed sector of the region, the Russian Arctic also holds abundant deposits of nickel, copper, coal, gold, uranium, tungsten, and diamonds. Putin assured “our country has been and will be a reliable energy supplier for the Indian economy”. He noted joint projects in the field of supplies of LNG are of stratgic importance. Thanks for watching. Subscribe to our channel. Thanks for watching. This is World Conspiracy Daily WC Daily If you have any points comment below. Production: Hades Pictures Music By : Kevin MacLeod (http://incompetech.com) Track : IDCIDK, Grind Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 29550 WC Daily
Two BBC film crews have visited Maersk Oil’s Gryphon production site in the North Sea this summer, highlighting the important reserves of hydrocarbons in the area and the business’s expertise in extracting it safely. The Gryphon acts as a production facility for the oil fields below the sea bed. Read more http://www.maersk.com/en/maersk-news/2014/08/bbc-filming-in-north-sea
Views: 2909 Maersk
http://news.sky.com/story/north-sea-oil-and-gas-industry-needs-urgent-investment-10594707 https://fullfact.org/economy/how-many-jobs-are-supported-uks-oil-and-gas-industry/ UK Column (23rd Sept 2016) Go to about 50 mins in https://www.youtube.com/watch?v=TtkCxvSqXC4 The Aalborg Charter. https://www.youtube.com/playlist?list=PLNlIf06zpErYwIdFjPu6uQHLFLBEBEG5_&spfreload=5
Views: 635 That Guy Scott Webb
Guy Chazan, the Financial Times' energy correspondent, examines how much North Sea oil and gas production would be affected by a vote in favour of Scottish independence. For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 925 Financial Times
The North Sea is a significant source of wealth in Scotland's economy and of revenue to the public finances. This video illustrates the importance of the North Sea with information on the current picture and how this is forecast to change as the oil reserves decline over the coming decades.
Views: 412 Inforendum
Have you ever wondered what life is like on an oil rig in the North Sea? Well, in this immersive video, one worker takes you around the Shearwater platform. You control the camera - so look up, down, and around, and experience life aboard an oil rig. #VirtualReality #BBC Please subscribe HERE http://bit.ly/1rbfUog
Views: 139113 BBC News
- Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only for drilling but also for the production of hydrocarbons. This production consists of the separation of oil, gas and water, before the oil and gas is taken by pipeline towards a mainland terminal. Where it is impossible or too expensive to link the field to the coast by a pipeline, an FPSO ship is used (Floating Production Storage and Offloading barge). Onboard, the hydrocarbons and the water are separated. The oil is stored prior to being loaded on tankers and the gas is re-injected into the reservoir rocks. Gas from a field is taken to land through an underground gasoduct to a processing plant. There, if the gas is to be transported by sea, it is converted into liquid obtained by cooling it down to --163°C. When it arrives at the plant terminal, the liquid natural gas (LNG) is returned to its gaseous state in a re-gasification plant, before being introduced into the local gasoduct network. The LNG is stored in tanks before re-gasification. The crude oil is transported in a petroleum tanker, the capacity of which can attain 200 000 tons. It is commonly called a "super- tanker". The terminals capable of receiving such giants are few and far between. The ships used to transport the crude oil produced on an FPSO ship are of a much smaller capacity. The crude oil, before being refined, is stored in the port in the large capacity tanks. The natural gas is preserved in reservoirs (artificial or natural). It is ready to be injected by pumping into the gasoduct network for industrial and domestic use or as fuel in power-generating stations. As far as the crude oil goes, it is transported by oleoduct to the refinery. There it undergoes a number of transformations and blending. A variety of finished products are obtained (LPG, petrol, kerosene, diesel ...), or naphtha, which will be used as the basis for the composition of plastic products by complex petroleum chemistry. --------------------------------------------------------------------------------------- Like our Facebook: https://www.facebook.com/oilvips Twitter: https://twitter.com/oilvips And Don't forget to subscribe to our channel
Views: 417200 Oil & Gas Videos
While many parts of the world are struggling from catastrophic effects of climate change, Russia is looking to capitalize on it, with the Kremlin driving a narrative that touts the economic benefits. Like more and faster access to petroleum and mineral reserves that were previously unreachable. The Northern Sea Passage, a legendary shipping lane along Russia’s Arctic coastline, has been largely inaccessible for part of the year because of dense sea ice. But now, that ice is melting, opening up a new trade route for Russia's cargo ships. Russian oil companies are already betting big on the new reserves they hope to find in the Russian Arctic, and other industries — like mining — are ramping up production since they now have faster shipping routes to many ports. “The problem of climate change is actually the problem of adaptation to climate change. This is not a tragedy,” said Nobel Prize-winning climatologist Oleg Anisimov. “Certainly some places will become unlivable, but other areas are places that will become more livable.” But the Russian people seem unaware, or unconcerned, about the environmental impacts of these climate change-related activities, like pollution from the booming factories, and wildfires in the North that destroyed million of acres of forest in a major tourism area. VICE’s Gianna Toboni visited Russia's Arctic to see just how big the country is betting on climate change. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo #VICEonHBO
Views: 608600 VICE News
Please watch: "Allama Shafiqu Ameeni Released | Tehreek e labbaik | ڈیل کے مطابق علامہ شفیق امینی کو رہا کر دیا گیا" https://www.youtube.com/watch?v=QRa-df7C6nA --~-- Exxon Mobil returns to Pakistan after three decades and now they have started to dig out the oil and gas. ENI the international oil exploration company also working with Exxon Mobil in drilling process. For more details see this video.....
Views: 485 The Naked Truth
Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the . Oil industry analyst Matthew Simmons discusses his book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, at Cambridge Forum. Matthew Simmons, chairman of Simmons vesves Co. International in Houston, talked yesterday with Bloombergs Rhonda Schaffler about the need to address energy . Discusses crude oils rapid price rise.
Views: 64 David Mathews
Huge reserves of black gold lie under the North Sea off Scotland’s coastline. Oil was discovered in the 1960s and 70s but more than half of the reserves have now been extracted. Nationalists argue that the oil hasn’t benefitted Scotland because it has remained part of the United Kingdom. And they say they would expect to retain the vast proportion of it (up to 90%) if Scotland goes independent. But critics say an independent Scotland would rely too heavily on North Sea oil revenues, which are depleting and are subject to the ups and downs of world oil prices. In response, the nationalists say they will replace oil dependency with renewable green energy, becoming self-sufficient by 2020, taking advantage of Scotland’s wind and wave power. Scotland’s constitutional future will be decided on September 18 in a vote brought about by the Scottish National Party-led government in Edinburgh.
Views: 459 PressTV
Scotland is home to the UK's largest oil reserve out in the North Sea. At least 65,000 jobs have been cut in the UK due to the plummeting oil prices in the past year. The country's retail and tourism sectors are already reporting a downturn. Al Jazeera's Emma Hayward reports from Aberdeen, the oil capital of Europe. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Views: 2077 Al Jazeera English
David Cameron has warned Scotland the future of the North Sea oil and gas industry is at risk if it votes for independence. The Prime Minister on Sunday insisted it was the UK's "broad shoulders" that would support investment in the key industry that would give a "vital boost" to Scottish communities for decades to come. The importance of North Sea oil to Scotland's economy has made the future of the industry a politically sensitive issue in the independence debate. Mr Cameron, who has refused a debate with Scottish First Minister Alex Salmond ahead of the September 18 referendum, said: "For the past 300 years, Britain has led the way in finding new sources of energy. "It is the strength of the UK's broad-based economy which can make the difference and ensure we can invest in our energy for the long-term future. Mr Salmond is taking Scotland's Cabinet to Portlethen "I promise we will continue to use the UK's broad shoulders to invest in this vital industry so we can attract businesses, create jobs, develop new skills in our young people and ensure we can compete in the global race." Mr Cameron will on Monday host his Cabinet meeting in Aberdeen in another significant intervention in the referendum No campaign. Meanwhile, Mr Salmond will is taking Scotland's Cabinet to nearby Portlethen on Monday. Mr Cameron's latest intervention comes just weeks after he used the backdrop of the Olympic velodrome in Stratford, east London, to encourage people across the rest of the UK to call on Scotland to stay in the Union. And after Chancellor George Osborne threatened Scotland that if there was a "messy divorce" and it left the UK, it would not be able to keep the pound. Moss delivered a message from Bowie about Scottish independence Speaking to Sky News the Scottish Secretary, Alistair Carmichael, denied Mr Cameron's comments on oil were just the latest in bullying tactics to deliver a "no" vote on independence. He told Dermot Murnaghan: "What we are telling people in the northeast of Scotland, who have had a tremendous economic success on the back of the North Sea oil and gas industry, is that we've been able to do that as part of the United Kingdom, as part of a bigger economy that can withstand the shocks of a volatile international commodity and which is also now able to stand behind the industry in a more mature phase, offering opportunities for development through tax allowances and also the allowances that are being paid out for the decommissioning of some of the assets in the North Sea oil. "It's a very positive story for the oil and gas industry as part of the United Kingdom, if people want to walk away from that positive story then it is for the nationalists to explain why they should do that." He also welcomed the intervention into the independence debate by the pop star David Bowie, who issued a message at the Brit Awards through his spokeswoman, the fashion model, Kate Moss, saying: "Stay with us Scotland". He said: "Look, I think it's great, I will take support from wherever I can get it." It comes as a poll in the Sunday Express found 62% of Britons want Scotland to remain part of the UK.
Views: 1686 Current News
Multistreaming with https://restream.io/ The federal government has discovered a massive new reserve of oil and natural gas in Texas and New Mexico that it says has the “largest continuous oil and gas resource potential ever assessed.” The vote by the Republican-controlled Wisconsin Legislature to strip power away from the incoming governor and attorney general split for the most part along predictable partisan lines. Democrat Dan McCready announced Thursday that he's withdrawing his concession in North Carolina's 9th Congressional District amid an investigation into potential election fraud. Ecuadorean President Lenin Moreno said on Thursday that there was a “path” for WikiLeaks founder Julian Assange to leave the South American country’s London embassy, where he has lived for six years under asylum, if he so chooses. Links https://pastebin.com/SDLHxNJG Def line Call in number (480) 779-7367 Discord Link - supspace https://discord.gg/zJGaFA4 Need Hosting? https://www.dreamhost.com/r.cgi?1077113 Get Games CHEAP https://www.kinguin.net/?r=23757 Donate if you wanna https://streamlabs.com/defango Support VIA PATREON Patreon.com/defango BUY FRESH MERCH https://streamlabs.com/defango/#/merch paypal.me/defango LTC - MRoQpUx1fZxXMBRLa9uZfuzeUKY8YsY9nL BTC - 325BQU2qBxuxBvWnUPHonzNzpRFTaYdf3s ETH - 0xfD651b1FCD273cE68F8BD87FEB896f92F44595D5 FAIR USE STATEMENT This video may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material is being made available within this transformative or derivative work for the purpose of education, commentary and criticism, is being distributed without profit, and is believed to be "fair use" in accordance with Title 17 U.S.C. Section 107. For more information go to: https://www.law.cornell.edu My Setup: Pixel 2 - S9+ i7 8700 + 16gb Ram + 1070ti 8gig Razer Blackwidow Chroma Headset Mouse keyboad Skills Contact us at [email protected] Check out My Live Stream Channels https://youtube.com/defango https://twitch.com/d3fango https://periscope.tv/defango https://dlive.tv/defango
Views: 1432 Defango TV
Friends we all know oil is one of the most important energy form on the planet earth but this is also true that oil is a non renewable energy and it running out . So How Much Oil Does the World Have Left? Let's find out. Everything about it. I collected all the information for you. If you enjoyed this video please like it and share with you friends. also please subscribe this channel . Thanks I am Sourabh Maheshwari Music: www.bensound.com Support GuanJaraHatke By Becoming GuanJaraHatke Patreon https://www.patreon.com/user?u=5209119
Views: 231921 Gyan Jara Hatke
1974: the McCrone report was a Top Secret UK Government dossier on the economic viability of an independent Scotland with oil, recently discovered off Scotland. The UK Government denied the existence of the report until a Freedom of Information request by SNP in 2005. The report stated Scotland would be “as rich as Switzerland” & have one of the strongest currencies in the world. http://www.oilofscotland.org/mccrone_oil_reports.html 1976: Asked at a Washington press conference why the UK didn’t give Scotland its independence, Anthony Crosland, Foreign Secretary in Harold Wilson’s Labour Government, murmured in answer ‘Because they have a lot of oil.’ (From: Fool’s gold: the story of North Sea Oil by Christopher Harvie. Hamish Hamilton, 1994. P.184.) 1987: Former Labour Chancellor Dennis Healy (in the video clip) denies the economic viability of Scotland suggesting the oil has run out. That same year a then junior Labour politician, Tony Blair, admits in an article published in the London Review of Books on the 29th of October that then PM Margaret Thatcher had benefited from £70bn (£195bn in 2018 terms) of oil revenue in the previous 8 years. This was the reason for the Thatcher boom & why she had been able to deindustrialise large parts of the UK, including Scotland, fund mass unemployment & break the Labour Unions. 2013: former Labour Chancellor, Denis Healey, admits in the Sunday Post newspaper on May 19th that the UK Government played down the value of Scotland’s oil reserves because of the threat of Scottish independence. He added that tax receipts from oil was the biggest factor behind Westminster opposition to devolution in 1979 & to opposition to independence in 2014. He also claimed the Westminster parties are “worried stiff” about Scots voting Yes in 2014 because of the valuable income from the North Sea. 2014: oil industry executive Ian Wood (later ennobled by the then Tory government) claims the oil is running out amidst rumours that recent oil discoveries are being hushed up, this message was hammered home by the No campaign, the overwhelmingly anti-independence media and the Labour, Tory & LibDem Westminster Parties. 2018: after massive new discoveries of oil reserves in the North Sea, making Scotland more oil rich than Norway, the Tory & Brexit supporting Telegraph newspaper on the 8th November publishes an article by oil executive Andy Critchlow stating that oil remains one of the UKs most reliable money spinners and sources of hard foreign currency export revenues. He continues by asking readers to consider what the UK would be like without the 44bn barrels of oil pumped from the North Sea in the last 40 years stating that this is a massive bargaining chip with the EU who otherwise would be much more reliant on Russian oil. He ends by arguing that North Sea oil will give post-Brexit UK the cash generating power to defend its economy and the leverage to build new trading relationships overseas. What can we conclude? 1. The UK government has consistently lied about the value of Scottish oil since its discovery. 2. They have consistently lied about the longevity and sustainability of the industry. 3. They have consistently opposed devolution (initially) and independence (latterly) because they fear loosing control of oil revenues. 4. The UK economy has been saved & propped up by oil revenues. 5. The UK government unlike Norway has not invested these revenues, it has spent them on UK priorities not benefitting Scotland or even most working people across the UK. 6. Never trust a word the UK Government, UK political parties (Labour, Tory, LibDem) or the majority of the media (unless it suits an agenda e.g. Brexit) say about oil revenues or Scotland’s wealth.
Views: 48 Scot 4Indy
True HD Direct Film Transfers - NO UPCONVERSIONS! http://www.buyoutfootage.com/pages/titles/pd_na_632.html Panning view of Alaska North Slope. Low aerial view of herd of migrating Caribou running across the tundra on the North slope of Alaska. CU of male Caribou. Shows oil drill rig on Alaskan North Slope. Drilling for oil in Alaska. Shows construction and assembly of mammoth modules at Puget Sound that house the oil and gas gathering equipment for the Alaskan oil pipeline (Trans-Alaska Pipeline or Alyeska Pipeline). Modules are loaded on ocean going barges and transported to Prudhoe Bay. Shows ocean going tugboats and barges departing Puget Sound at Seattle-Tacoma Washington. Animated map shows the sea route from Puget Sound to Prudhoe Bay. Shows tugs and barges stranded in ice field off point Barrow. At Prudhoe Bay workers sink pilings into the tundra to support the modules. Panning view of community at Point Barrow. Shows tugboat pulling barge loaded with a module in open sea. Shows unloading of supplies and equipment at Prudhoe Bay. Low aerial view of causeway where modules will be unloaded. Shows modules transported on giant crawlers. At Valdez trucks loaded with giant beams head out for Prudhoe Bay. Shows Coast Guard icebreaker clearing a path for the tugboats and barges off Point Barrow. Shows modules continue to move forward on giant crawlers during an arctic storm at Prudhoe bay. Trucks loaded with supplies leave Fairbanks and cross the Brooks Range of mountain passes that rise to eight thousand feet on way to Prudhoe Bay. Aerial view of truck traveling Dalton Highway (originally known as "Pipeline Road") through Detrick Pass. Low aerial view of Alaskan Pipeline (Trans-Alaska pipeline) that when completed will run from Prudhoe Bay to Valdez. Shows activity at Prudhoe Bay. Pipes are welded inside a mobile welding hut to form a gathering system. Shows helicopter lifting a heating unit and in flight to an ice bound barge. Shows a machine cutting through and removing the thick ice to build a gravel causeway out into the sea to unload the ice bound barges. Shows crane lifting large thick blocks of ice. Shows large truck hauling gravel to extend gravel causeway out into the sea. Please visit our website for more historic archival film titles. http://www.buyoutfootage.com/pages/pd.html Buyout Footage is a leading supplier of public domain and royalty free stock footage for filmmakers, broadcasters, advertising agencies, multi-media and production companies worldwide. Historical Archival Stock Footage in True HD.
Views: 4763 Buyout Footage Historic Film Archive
North Sea platforms can be used to generate green Geothermal Energy, George E. Lockett said in this video recording of his All-Energy 2012, Geothermal Session Presentation. The presentation goes into details of why the North Sea is a good location by describing that the Earth's Crust gets thinner as we move offshore. There is also cold sea water for condensation of working fluids. Lockett describes how Enhanced and Secondary Oil Production can be created by steam flooding oil reservoirs, after generating electrical power from the geothermal fluids to extract heavy oils and tars. High Pressure High Temperature (HPHT) Fields -- these may be some of the best locations for geothermal energy and they are about 150 miles east of Aberdeen. He describes how power can be generated from Natural Gas flows at high pressure, as the pressure is reduced; and how this can be done where gas mains change pressure to service the domestic market too, using a Gas Letdown Generator. The geothermal power can be connected to the national grid or used to generate hydrogen by electrolysis. Lockett describes how some of the £30 billion decommissioning budget for the North Sea could be used to extend the life of Platforms by creating a new Geothermal Energy Industry. This new geothermal industry would employ thousands of workers in new productive jobs in the offshore and on-shore support industries.
Views: 1175 George Lockett
Interviewed April 2013
Views: 1422 Newsnet Scotland
As the Arctic sea ice melts away at an alarming rate, access to vast oil reserves is opening up - and countries bordering the region are determined to defend their slice of the pie. The polar seabed may hold as much as 15 percent of the world's undiscovered oil - and 30 per cent of its gas. But as RT's Marina Portnaya found out, the battle for the region could take a dangerous turn. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
Views: 13462 RT