Essays on North Sea

Abstract

Application of the nanofiltration (NF) and ultrafiltration (UF) processes is applied in the handling of water that is produced raw. The application has been investigated in the current day through various studies (Wang 14). The experiment of the processes of both nanofiltration and ultrafiltration is conducted in the laboratory unit which is operated in a pattern of cross flow (Ashaghi, Ebrahimi, & Czermak, 46). The study that was conducted in Oilfield of North Sea using the process of membranes of ultrafiltration (UF) and microfiltration (MF) indicated that the content of hydrocarbon decreased from 50 mg/l to 2 mg/l which recorded ...

1. Introduction Cutting cost has become a priority for many oil companies in recent years. The discussion covers the reason why oil companies are cutting cost and the means that management in oil companies are employing to cut cost. 2. Why oil companies are cutting cost? Oil companies are cutting cost in response to the radical drop in oil prices in the last two years. From 2011 to 2013, the price of crude oil was above $100 per barrel. In 2014, prices dropped to below $100 per barrel but above $90 per barrel. By 2015, crude oil price fell ...

Executive Summary

Fossil fuels are the predominant source of energy for industrial and transportation consumption. It is however expected that in a few more decades, fossil fuels will have lesser role to play than non-conventional oil and gas sources and renewable energy sources. This paper presents an overview of some of the socioeconomic factors that are driving the global oil industry and their implications for the UK industry. Four key influences are studied to understand the implications for the industry in terms of economic and environmental factors. The steady influence of OPEC is a significant factor in the pricing of crude ...

About the report

The report is commissioned to ascertain the financial viability of the capital project being considered by North Sea Oil. As part of this project, we will calculate the Net Present Value(NPV) and Internal Rate of Return(IRR) of the projects under two different set of cost of capital, and will comment as how the change in capital structure will affect the shareholders accordingly. The eventual purpose here is to come up with a prudent recommendation for the company as which project will be more profitable for the company and what proportion of capital structure will be more viable ...

Rome brought light to the darkest and the most barbaric places of the world, and if and when it did, these were areas that posed value to the strategic interests of the empire rather than be regions that needed civilizing. Britain was the island whose unique geography allowed founding a city serving the imperial interests well. Its conquest improved the image of the empire as a formidable force to reckon with and enhanced the reputation of the emperor. Furthermore, the introduction of religious and cultural buildings into Londinium served the ideological purpose of exposing the new subjects to the ...

History of the UK Oil & Gas Industry

It was in the year 1975 that Hamilton Brothers, a small entrepreneurial entity of the United States, which was working in the Argyle field, succeeded in bringing British oil ashore for the first time, and this was almost immediately followed by the BP excavation that resulted in huge quantities of oil being discovered in the Forties field.

Progress made by the industry since the 1970s

Oil discovery in the North, grew leaps and bounds as several other companies from other nations like the EU, United States and many other domestic UK firms leased out many sectors of the North Sea for excavating oil. Slightly around the late ...

Critically discuss the implications of recent trends and changes within the supply chain of the UK petroleum retail market.

Critically discuss the implications of recent trends and changes within the supply chain of the UK Petroleum retail market. Introduction The United Kingdom incorporates four separate legal systems within its entity that are Wales, England, Northern Ireland and Scotland . In order to maintain uniformity in laws pertaining to the ownership of natural fuel such as Petroleum, the 1937 Petroleum Act was passed, which established that all such resources fall under the control of the British Crown. The petroleum distribution system in the United Kingdom resembles the system that is prevalent in the United States of America, that is, a ...