TITLE

A Price in the North Sea

PUB. DATE
March 1968
SOURCE
Time;3/22/1968, Vol. 91 Issue 12, p90
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the predicament of the 23 groups of international oil companies drilling for natural gas in the North Sea. Accordingly, two major drilling rigs had sunk in the North sea which interrupted operations and increased production costs. However, the British Gas Council had maintained the lowest price possible despite the price increase demanded by the oil consortia led by Royal Dutch Shell PLC and Esso Oil Co.
ACCESSION #
54040188

 

Related Articles

  • Drilling Activity Slide Persists. Investor's Business Daily // Investors Business Daily;10/26/2015, pA01 

    6 With crude prices still under pressure, the number of U.S. oil rigs in operation fell by 1 to 594, marking an 8th straight week of declines and a 63% drop from a year earlier. U.S. crude futures fell 1.7% to $44.60 a barrel. Brent crude dipped 0.2% to $47.99. The ongoing slump in prices and...

  • Fracking's Fault Lines. Parsi, Novid // PM Network;Jan2016, Vol. 30 Issue 1, p6 

    The article discusses the adverse impact of falling oil prices on hydraulic fracturing (fracking) projects in the U.S. Topics covered include the decline in number of rigs drilling for oil and fracking service providers, selective and strategic approach adopted by mid-tier and smaller companies,...

  • European Oil Assault.  // Time;3/11/1974, Vol. 103 Issue 10, p35 

    The article focuses on the assaults of several European countries on multinational companies for the higher prices of oil due to supply shortages in 1974. It cites the investigations of a special parliamentary committee in Italy to those multinational companies which contributed money to the...

  • GERMANY OIL & GAS REPORT.  // Germany Oil & Gas Report;2016 Q1, Issue 1, p1 

    The article offers the oil and gas industry report in Germany as of January 2016 and offer information on strengths, weaknesses, opportunities for improvement and threats to oil and gas companies in Germany including Royal Dutch Shell, BP and ExxonMobil.

  • Global Oil Glut To Linger As OPEC Waits For Rivals. GILLIAN RICH // Investors Business Daily;12/4/2015, p00 

    The article reports that the global oil surplus resulting to lower prices will continue in 2016 as the Organization of the Petroleum Exporting Countries (OPEC) has postponed it decision regarding the issue. Topics discussed include the purchase of cheaper crude oil from Saudi Arabia by several...

  • WHAT WENT WRONG. THOMPSON, KALEE // Popular Mechanics;Mar2013, Vol. 190 Issue 3, p55 

    The article details the operations of the Kullug oil rig set out by Royal Dutch Shell PLC from Alaska to Seattle, Washington on December 31, 2012. It notes that $200 million tow vessel has been used leaving from Dutch Harbor in Aleutian Islands. It mentions the occurrence of a storm which comes...

  • What You Said. SHEPPARD, ALYSON // Popular Mechanics;May2013, Vol. 190 Issue 5, p2 

    An introduction is presented in which the editor discusses various reports within the issue on topics including Kulluk rig of Royal Dutch Shell PLC, global warming, and energy independence for North America.

  • Nome, Alaska: The next major West Coast port? Quigley, Leo // American Journal of Transportation;11/16/2015, Issue 615, p16 

    This article states with Royal Dutch Shell pulling out its drilling rigs from Chukchi Sea has halted expansion of Port of Nome, Alaska despite 2000 foot extension completed by Orion Marine and local authorities believe with deeper draft in Arctic Ocean shipping will increase in demand of minerals.

  • Shell-Saipem seafloor driller option on costly deepwater wells. Furlow, William // Offshore;Sep99, Vol. 59 Issue 9, p74 

    Reports that Shell is sponsoring the research to move the oil drilling rig from the surface to the seafloor. Information on a preliminary feasibility study and a conceptual design of the seabed drilling rig; Concept of the subsea drilling rig; Advantages of the seabed drilling rig.

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics