Monday, October 31, 2011

Debt Consolidation and Care One Credit

!: Debt Consolidation and Care One Credit

Care One Credit are a debt management company with a difference. Often organizations in this industry get a bad press, however this is largely because people do not really understand what is going on.

Before taking up any of the services that are offered by a company in this area, it is very important that you understand exactly what the service being offered can do and how it will affect you. That is it's pro and cons if you like.

This is where Care One Credit comes into it's own because it provides a complete consultation to potential clients where they explain the options in full.

The services take one of several forms and you can consider either a debt management plan or a debt settlement plan.

A debt management plan is similar to a consolidation loan where money is borrowed to pay off what is owed in full.

This means that there is only one payment per month and that the previous monthly payments could be reduced by 60%. This type of loan differs from a normal consolidation loan because it is unsecured, so you don't need to risk equity in your home or another asset to qualify.

A settlement plan involves Care One negotiating with creditors to arrange a straight discount in debt. This can have the effect of reducing the amount owed by 70%. It's for people who want to repay but are just not in a situation to be able to do so.

The best way to find out what solution will be right for you is through a consultation with Care One Credit.


Debt Consolidation and Care One Credit

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Monday, October 24, 2011

Oil and Gas Decommissioning

!: Oil and Gas Decommissioning

Offshore decommissioning of oil and gas facilities becomes necessary when the useful life of the structures, or when the fields that they tap into, have reached their limits. Oil and gas offshore platforms can be a considerable distance from the nearest onshore facilities equipped to deal with the task of decommissioning, so the task can be a difficult one.

In the North Sea, most of the oil and gas offshore installations have been in place for many decades. This means many of the structures are nearing the end of their useful lives and will need to undergo offshore decommissioning.

Offshore decommissioning is not a particularly easy task. In the North Sea this is especially so. The harsh conditions faced there raise their own special problems that have to be overcome. Removing huge installations from the sea bed where they have lain for several decades requires a lot of careful planning. This activity may also have an impact on the environment and the health and safety aspect for workers is another factor to be taken into consideration; while the cost of it all is likely to be enormous.

What happens when decommissioning takes place?

A plan of action is first put forward by the Operator who will carry out the dismantling of the structure. This needs to be approved by the government before any action can be taken. Once approval is given, the job can start. It will take a number of years and will involve many different organisations, each one responsible for a part of the whole.

Many service providers get involved in a project like this, in particular, companies with speciality skills in water jetting, cleaning, waste management, asbestos removal and so on. All the waste from such an operation has to be removed and disposed of and this is strictly regulated. They provide project management and technical support, cleaning and/or decontamination consultation, hazard identification, waste management (identification, removal, treatment, handling and disposal), asbestos management (identification, removal, handling and disposal), cold cutting of steel, concrete and other composite materials using water jetting, wire and mechanical methods. Upon CoP (cessation of production) they may carry out preparation for topsides removal and NUI (normally unattended installation). All the waste from such an operation has to be removed and disposed of and this is strictly regulated.

Despite human ingenuity in getting rigs up and running in the North Sea, it must not be assumed that any difficulties encountered in decommissioning them can easily be overcome. New technologies are emerging all the time to deal with problems that seemed insurmountable just a short time ago. Many of the structures can be floated away to a mainland base where decommissioning can be undertaken more easily. Those structures that cannot be floated away can, in most cases, be cut into smaller sections. The sections can be placed on barges and towed to land where possible. Where this is not possible, offshore decommissioning takes place where the installations lie.


Oil and Gas Decommissioning

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