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Lifting means the process pursuant to which petroleum which has been produced from the Field and which has been stored in an floating production and storage unit is moved to one or more oceangoing vessels.
What is a lifting in construction?
Lifting operations in construction occur during transportation of material from the storage place to the place where it is being processed, and during the processing of materials. A load includes any material or people that are lifted or lowered by lifting equipment.
What is contract lifting?
With a contract lift, the customer hires a crane and qualified operator. But the crane hire company also takes on further responsibilities. Such as, selecting a suitable crane, planning the lift, designating an Appointed Person, supervising the lift and arranging the slinging and signalling.
What are lifting costs?
Lifting costs (also called production costs) are the costs to operate and maintain wells and related equipment and facilities per barrel of oil equivalent (boe) of oil and gas produced by those facilities after the hydrocarbons have been found, acquired, and developed for production.
What is a lifting clause in real estate?
In a financial market or dealing, the lifting clause refers to thr provision in a second, third, or junior **mortgage **that typically allows the liens ahead of it to be paid off and **refinanced **for the same or a lesser amount; all these without sacrificing their priority in lien positions.
A supplemental agreement to a Joint Operating Agreement (JOA) that sets out the rights, obligations and procedures used by the parties to the JOA for the lifting (receiving) of oil and gas produced from the area licensed to the JOA parties.
Related links
ZF General Terms and Conditions of Purchase for
Scope. These ZF General Terms and Conditions of Purchase apply to the purchasing of machines, assembly technology, and machining systems.
I agree to follow all inspections, safety rules and operation rules as listed in the manuals. I also agree that no one other than authorized operators are
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