They would also provide another revenue stream through property bonds and
unitisation thereby reducing the dependency on direct real estate sales.
Ryan further explained that the team is trying to understand what's important to
unitisation and what people need to learn in order to benefit.
There is a potential for a maritime dispute between Egypt and Israel as a result for a prospected
unitisation agreement between Egypt and Cyprus, Taha said.
Kelly says: "Tanzania has enjoyed considerable exploration success as well, but hasn't discovered the same scale of reserves." One of the most immediate challenges for Mozambique, is the
unitisation discussions which Wood Mackenzie understands have already begun.
A related 2003 'international
unitisation agreement' (IUA), which came into force in 2007, states the field's development will be " to the best commercial advantage consistent with good oil field practice." Helping to determine this " best commercial advantage" is the Greater Sunrise Joint Venture (GSJV), a consortium of Australia's Woodside Petroleum Ltd (33.4%), Houston-based ConocoPhillips (30%), Shell (26.6%), and Japan's Osaka Gas (10%).
From representing 5 percent of the pallet
unitisation market in 2006 stretch hoods will account for 10 percent by 2011, AMI reckons.
During 2006, public tenders for the licencing of Blocks 1/06, 5/06, 6/06, 26/06 and remaining areas of Blocks 15, 17 and 18, were put up, including
unitisation of the respective business groups.
Campbell,
Unitisation: A UK State Perspective on UK and
While a sale would require the society to demutualise, Equitable could also move towards a
unitisation of its pounds 10bn with-profits fund, a move allowing policyholders to choose if they want to increase their exposure to the stock market.
While a sale would require it to demutualise, Equitable could also move to a
unitisation of its pounds 10 billion withprofits fund, allowing policyholders to choose whether they want to increase their exposure to the stock market.
At the time, this was expected to be coupled with a
unitisation agreement -- a deal on joint development and revenue distribution from shared reservoirs -- but it never happened.
It is also added that the two sides discussed the
unitisation issue regarding the "Aphrodite" and "Yishai" gas fields, and concluded that by September 2016 the two Energy Ministers will seek to finalise these discussions.
Equally important is the fact that Israel needs Cyprus' permission to lay a pipeline to Turkey through its exclusive economic zone (EEZ) and also has to reach a
unitisation agreement with the island state.
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