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Exploration

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Initial release date 1994
GenresStrategy Game
DevelopersSoftware 2000
PlatformsDOS, MS-DOS, Amiga, AmigaOS
Publishers Software 2000
Interactive Magic
Black Legend
ModesSingle-player video game
Multiplayer video game
Date of Reg.
Date of Upd.
ID2957184
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About Exploration


Exploration is a simulation strategy game designed by Software 2000 in 1994.

What is an oil and gas licence?

What is an oil and gas licence?
Jul 31,2023 8:01 am

... After being discovered in the 1960s, oil and gas Exploration in the North Sea kicked off in the 1970s, around the time of the Iranian oil crisis...

COP26: Climate talks into overtime as nations near deal

COP26: Climate talks into overtime as nations near deal
Nov 13,2021 1:12 am

... 5CMore than 100 world leaders promised to end and reverse deforestation by 2030, including Brazil, home to the Amazon rainforestThe US and the EU announced a global partnership to cut emissions of the greenhouse gas methane by 2030 - reducing methane in the atmosphere is seen as one of the best ways to quickly reduce global warmingMore than 40 countries committed to move away from coal - but the world s biggest users like China and the US did not sign upA new alliance that commits countries to setting a date to ending oil and gas use - and halting granting new licences for Exploration - was launched...

COP26: New draft climate deal weakens fossil fuel commitments

COP26: New draft climate deal weakens fossil fuel commitments
Nov 12,2021 11:23 am

... 5CMore than 100 world leaders promised to end and reverse deforestation by 2030, including Brazil, home to the Amazon rainforestThe US and the EU announced a global partnership to cut emissions of the greenhouse gas methane by 2030 - reducing methane in the atmosphere seen as one of the best ways to quickly reduce global warmingMore than 40 countries committed to move away from coal - but the world s biggest users like China and the US did not sign upSome new pots of money were announced to help developing countries adapt to climate change and deal with the damage and loss it brings - but many say it s not enoughA new alliance that commits countries to setting a date to ending oil and gas use - and halting granting new licences for Exploration - was launched...

Coronavirus cases recorded by ethnicity

Coronavirus cases recorded by ethnicity
Apr 19,2020 12:52 am

... All of these risk factors are more common in Black and Asian patients, so it might be Exploration, here is a link, see what the needs of the other...

What is an oil and gas licence?

Apr 19,2020 12:52 am

By Michael RaceBusiness reporter, BBC News

Around 100 new oil and gas licences for the North Sea are up for grabs, with The First of the new permits set to be awarded in the autumn.

Prime Minister Rishi Sunak says the licences are part of the UK's plans to bolster its energy security and make the UK less reliant on other countries for supplies.

But critics argue that extracting oil and gas is not The Right approach for The Environment .

What is an oil and gas licence?

In very simple terms, an oil and gas licence is permit for a company to explore and potentially extract oil and gas from a defined area of land either onshore or offshore.

There are two types of licence:

In the current round, all of The 100 available are for production licences.

That might sound like lots of oil and gas drilling happening. But the North Sea Transition Authority (NSTA) which is responsible for issuing the licences, says that the majority of production permits issued " do not end up with production actually taking place".

Oil and gas analyst Nathan Piper says to be awarded a licence, companies bid against each other.

But this is not about companies throwing cash around. Companies who are bidding have to commit to carrying out a certain amount of work on a site for a certain amount of time, which can typically be between two or three years.

During this period, firms will explore the area for oil or gas and carry out scientific tests, before deciding whether it is worth investing millions of pounds. They will then apply for a new licence to drill and potentially create oil wells to produce fuel.

How many licences have been issued in recent years?

First, a brief bit of history. After being discovered in the 1960s, oil and gas Exploration in the North Sea kicked off in the 1970s, around The Time of the Iranian oil crisis.

There have been 33 licensing rounds since, with the latest beginning in October 2022.

There is no set time for when licensing rounds occur - it can depend on various factors such as current permits ending or new scientific information.

In the 32nd licencing round in 2020, 113 permits were awarded while So Far in the latest round, 115 applications have been made. The NSTA is now considering those bids and will hand out licences to The Winners in the autumn.

Is North Sea oil and gas extraction going up or down?

North Sea oil and gas production has been declining steadily since it peaked in the late 1990s.

The government is now offering 100 or so new licences in a bid to curb that trend, arguing it will " secure" the UK's domestic energy supply.

If new wells are opened, domestic production could be boosted, but it is a " risky" business, according to Mr Piper, especially given the North Sea has already been extensively explored.

" The interesting thing is how many Exploration wells will be committed on the back of this Exploration round, " says Mr Piper.

In recent years, oil and gas firms have been taxed heavily on their UK profits and there has been concerns in the industry that this might put off companies from investing in areas such as the Exploration of new oil and gas wells.

The current windfall Tax - used by the government to target firms benefiting from High Energy prices fuelled by The War in Ukraine - is 75% compared to 40% previously.

The government announced last month that The Higher Tax could be scrapped if energy prices fall back to normal levels for a sustained period.

But no final decision has been made yet.

What does this mean for the UK's Net Zero targets?

Mr Sunak has said " even when we've reached net zero in 2050, a quarter of our energy needs will come from oil and gas".

He argues he would rather have this come from " supplies we have here at home" rather than " hostile states".

But environmental campaigners have called the decision " wrongheaded".

Oxfam's Climate Change policy advisor Lyndsay Walsh says extracting more fossil fuels from the North Sea sends a " wrecking ball" through the UK's climate commitments.

Friends of The Earth says Rishi Sunak 's decision is " pouring more fuel on the flames" of the unprecedented wildfires and heatwaves across the globe.

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Source of news: bbc.com

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