The Hellenic Navy (HN) (Greek: Πολεμικό Ναυτικό, Polemikó Naftikó, abbreviated ΠΝ) is the naval force of Greece, part of the Greek Armed Forces. The modern Greek navy has its roots in the naval forces of various Aegean Islands, which fought in the Greek War of Independence. During the periods of monarchy (1833–1924 and 1936–1973) it was known as the Royal Navy (Βασιλικόν Ναυτικόν, Vasilikón Naftikón, abbreviated ΒΝ).The total displacement of all the navy's vessels is approximately 150,000 tons.The motto of the Hellenic Navy is "Μέγα το της Θαλάσσης Κράτος" from Thucydides' account of Pericles' oration on the eve of the Peloponnesian War. This has been roughly translated as "Great is the country that controls the sea". The Hellenic Navy's emblem consists of an anchor in front of a crossed Christian cross and trident, with the cross symbolizing Greek Orthodoxy, and the trident symbolizing Poseidon, the god of the sea in Greek mythology. Pericles' words are written across the top of the emblem. "The navy, as it represents a necessary weapon for Greece, should only be created for war and aim to victory."...............The Hellenic Merchant Marine refers to the Merchant Marine of Greece, engaged in commerce and transportation of goods and services universally. It consists of the merchant vessels owned by Greek civilians, flying either the Greek flag or a flag of convenience. Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and a key element of Greek economic activity since the ancient times. Nowadays, Greece has the largest merchant fleet in the world, which is the second largest contributor to the national economy after tourism and forms the backbone of world shipping. The Greek fleet flies a variety of flags, however some Greek shipowners gradually return to Greece following the changes to the legislative framework governing their operations and the improvement of infrastructure.Blogger Tips and Tricks
This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς....This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς.........

Friday, January 22, 2010

BP offers technology to Russia's deposits..[ 575 ]

BP offers technology, expertise to develop Russia's Arctic deposits

BP offers technology, expertise to develop Russia's Arctic deposits

RIA NOVOSTI 18:22,,,21/01/2010

MOSCOW, January 21 (RIA Novosti) British oil major BP is interested in operations in the Russian Arctic and is prepared to use advanced technologies and experience to prospect and develop natural resources, BP CEO Tony Hayward said on Thursday.

Speaking in the Academy of National Economy under the Government of Russia, Hayward said BP had worked for decades in offshore Arctic regions worldwide, such as the North Slope of Alaska, the Canadian Arctic and Northern Norway.

"Building on this expertise, we would certainly welcome the opportunity to deploy our technology and skills to explore and produce Arctic resources in Russia as well," he said.

Russia is claiming part of global Arctic believed to hold vast untapped oil and gas reserves. Hayward, however, referred specifically to undisputed Russian Arctic territories.

BP is present in Russia through TNK-BP, a highly lucrative 50-50 joint venture with four Russian billionaires, which accounts for about a quarter of BP's global oil output.

TNK-BP was embroiled in a shareholder conflict until recently, in which BP and its Russian billionaire co-owners clashed over strategy, management and control of the third largest oil producer in Russia. With the conflict now resolved, BP seems to be willing to expand its business in Russia.

Hayward said TNK-BP had started up three big new projects last year at the Verkhnechonskoye oil deposit in East Siberia, as well as the Uvat and Kamennoe oil fields in West Siberia.

At Kamennoe, TNK-BP is using "field of the future" technology where sensors in the reservoir send data to a remote control center using wireless networks, he said.

"These technologies and others are allowing us to develop major fields which were otherwise considered non-commercial. I believe that oil and gas should be seen as a cutting-edge industry - over the years, we have made extraordinary progress pushing back the physical and technical frontiers, whether into ultra deep water, complex gas reservoirs or generally the ice in the Arctic," he said.

Hayward also mentioned TNK-BP's Samotlor oil field in West Siberia as an example of using cutting-edge technology.

"Over the last few years, TNK-BP has used advanced three dimensional seismic imaging to reveal seven new satellite structures and recovery rates from mature parts of the field are being improved through advanced waterflooding techniques - increasing the resources and lifetime of the field," he said.

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