Atoll's fourth well is set to be completed by Q1 2020, as shown by the financial results of the Pharaonic Petroleum Company (PhPC) for 2018/19, which were presented by the company's head, Hassan Abady to the Ministry of Petroleum, according to a ministry statement.
The conference on Resilient
Atoll Nations in Productive Oceans, organized by the Asian Development Bank (ADB), brings together high-level government officials from the four
atoll nations-Kiribati, Maldives, the Marshall Islands, and Tuvalu-along with experts and development partners.
The company's work results, submitted to Minister of Petroleum and Mineral Resources Tarek El-Mulla, showed that the drilling of the fourth well at
Atoll field will start in the first quarter (Q1) of 2020, where the field currently produces about 300m scf/day and 9,000 barrels of condensates from three wells.
"Due to their low-lying topography,
atoll nations are the most vulnerable countries and peoples on the planet to climate change given there is nowhere to retreat or run from the effects," said Mr.
As one of the biggest resort islands in the Maldives, we aim to lead the way with eco-tourism and marine conservation work in our region as part of our commitment to good governance, social responsibility and respect for environmental standards," said Jonas Amstad, general manager at LUX South Ari
Atoll.
Ferry services to these three
atolls were previously provided by Vermillion.
These islands are formed from either volcanic eruptions or from coral
atolls.
Atolls are ring-shaped islands that surround a lagoon.
The British-led Nekton Mission arrived off the tiny
atoll of Alphonse in the early morning hours, after looming bad weather forced a change of plan and route.
The
atoll is claimed by Tokyo as a Japanese island and their sovereign territory, although Taiwan does not recognize it as such.
Their destination was Rose
Atoll itself, a ring of coral reefs just beneath the ocean's surface, the last remnants of a long-extinct volcano.
'About Pag-asa, the Chinese are moving closer to the island while at the same time, they have already plenty of ships on standby in and around Jackson
Atoll,' the source said.
Derby sixth Delano Roosevelt and French Derby ninth Rostropovich enter the picture, along with going-places Raa
Atoll.
military, whose massive Ronald Reagan Ballistic Missile Defense Test Site sits, in part, on the
atoll island of Roi-Namur -- a part of the Marshall Islands and the focus of the research.
The Maldivian president is currently on a three-day visit to South Miladhunmadulu
Atoll, Faadhippolhu
Atoll, and South Maalhosmadulu
Atoll.
