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Author Topic: OIL & GAS PIPELINE INFO  (Read 516940 times)
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2NJSons_Mom
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« on: April 09, 2009, 06:48:54 PM »

Please post related research information here.
« Last Edit: April 23, 2009, 12:05:59 PM by 2NJSons_Mom » Logged

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« Reply #1 on: April 09, 2009, 10:03:42 PM »

http://www.pwc.com/extweb/pwcpublications.nsf/docid/161C5C534EE0E6D28525756F006F1DE9/$file/Nf_ArubaLLC.pdf


 
 Download The Aruba Limited Liability Company (1,842kb)
As of January 1, 2009, Aruba introduced a new legal entity, the Aruba Limited Liability Company (in Dutch: “Vennootschap met Beperkte Aansprakelijkheid”, hereinafter “VBA”).
The VBA is a very modern and flexible legal entity. The VBA is especially designed to make Aruba more attractive for foreign investors and can be used in international company structures.

In this newsflash we will inform you on the most important fiscal and corporate law features of the VBA.


 
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« Reply #2 on: April 23, 2009, 11:49:42 AM »


Journal of Petroleum Geology
Volume 15 Issue 2, Pages 283 - 304
Published Online: 18 Dec 2007



STRATIGRAPHY AND EVOLUTION OF THE TERTIARY ARUBA BASIN
E.A. Curet*
 *Directie Energiezaken, Caya Betico Croes 90, Oranjestad, Aruba
Copyright 1992 SCIENTIFIC PRESS LTD
ABSTRACT
The Aruba Basin (offshore Venezuela) is asymmetric, with the basin axis aligned parallel to, and just to the south of the Aruba uplift. The sedimentary section consists mostly of clays and shales, deposited since the Oligence, or possibly late Eocene, on a Crataceous basement of oceanic affinity. This monotonous lithology makes it difficult to compile a useful stratigraphic subdivision, but three seismic-stratigraphic units separated by unconformities have been distinguished, and are known as the Lower, Middle and Upper Sequences.

Sedimentation began in abyssal-to-bathyal depths, after the rapid subsidence of a weathered, volcanic terrain; the rate of sedimentation exceeded that of subsidence, causing a gradual shallowing of the sea-floor. The sedimentation rate during deposition of the Middle Sequence was sufficiently high to prevent normal compaction, thus causing a thick zone of abnormally high pressures. Deformation by faulting as well as folding was contemporaneous with sedimentaion and subsidence.

The main source area for the sediments lies to the south; the Aruba High has acted prinicpally as a sediment trap. On the north flank of the basin, some (bio-)clastic contribution from the island may be expected.

The type of organic matter in sediments penetrated by the three wells off shore Aruba, as determined by pyrolysis, is mostly gas-prone Type III kerogen. The TOC is fairly low—1% on average; but microscopic inspection revealed that a high percentage of the organic matter consists of amarphous kerogen. Due to the low geothermal gradient (1 F/100 ft), this organic matter is immature. Another drawback for the development of petroleum accumulations if the limited areal distribution of carrier and reservoir rocks. These two factors seriously restrict the petroleum potential of the Aruba Basin

However, there are indications from which the generation of petroleum can be deduced. In the deeper parts of the basin to the south of the island, sufficiently high temperatures may have been reached for Oligocene and older, sediments to be within the "oil window"; and the platform area in the SW may be underlain by older, more mature sediments. Further exploration on the north flank of the Aruba Basin and on the SW is considered to be justified, based on the inferred presence there of both source and reservoir rocks.


--------------------------------------------------------------------------------


http://www3.interscience.wiley.com/journal/119984787/abstract?CRETRY=1&SRETRY=0
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« Reply #3 on: April 23, 2009, 01:18:41 PM »

Lukoil VP: No Immediate Interest In Valero Aruba Refinery4-7-09 1:00 PM EDT | E-mail Article | Print ArticleNEW YORK -(Dow Jones)- Russian oil company OAO Lukoil Holdings (LKOH.RS) said Tuesday that it had no immediate interest in buying Valero Energy Corp.'s (VLO) refinery on the island of Aruba.

 
"We're not interested," Lukoil vice president Leonid Fedun told reporters following a meeting with investors.

Fedun said the asset would make a better fit with Lukoil's operations if the Russian major had a crude stream from Venezuela to refine.

Lukoil is currently in talks with Venezuela on finalizing a production venture, but output probably won't start "for many years," Fedun said.

-By Anna Raff, Dow Jones Newswires;201-938-4426;

 
http://news.morningstar.com/newsnet/ViewNews.aspx?article=/DJ/200904071300DOWJONESDJONLINE000513_univ.xml
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« Reply #4 on: April 23, 2009, 01:48:54 PM »



{Hotping - didn't you find this one?  One of my all-time favorites!}


Aruba: Gateway to Caribbean and Latin America, Invites Indian Businessmen, Tourists
Wednesday, December 12, 2007

Mumbai (12/12/2007) - Mr. Nelson Oduber, Prime Minister of the island nation of Aruba, an autonomous state in the Kingdom of Netherlands, has invited Indian businessmen, investors and tourists to his country.




Mr. Oduber addressed an interactive meeting organised in his honour at Hotel Hilton Towers, Mumbai by the Indian Merchants' Chamber on December 12. The Consul General of the Kingdom of the Netherlands, Mr. Hans Ramaker, introduced Mr. Oduber and other Ministers and officials of his delegation.

Welcoming the distinguished guests, IMC President Mr. Niraj Bajaj complimented Prime Minister Mr. Oduber for leading his country to prosperity in the past 18 years of his office. “With a per capita income of over $28,000, the nation of Aruba has few parallels in the world,” he said.

Prime Minister Mr. Oduber said that the population of Aruba – a 70 sq. mile island – was around 60,000 in 1986 and had now risen to well over 120,000. “Our tiny country with its beautiful beaches attracts over two million tourists annually,” he said.

Mr Oduber said that he aimed to make his country “Dubai of the Caribbean and Gateway of Latin America.”

As such, the 19.6 mile long, 6 mile wide island nation had built three major ports, an international airport which could take large aircraft and exclusive airport for private aircrafts, a free trade zone, top class educational, healthcare and hotel facilities and all such modern infrastructure.

Mr. Oduber invited Indian businessmen to set up bases in the Free Trade Zone of his country, add value to their products and re-export them to the US, Latin American and European countries.

Mr. Oduber said his country had its own central banking system, Parliamentary form of governance and an independent judiciary. Aruban island nation, situated off the coast of Venezuela in South America, was engaged in its coastal waters for offshore drilling for oil and was hopeful of finding rich deposits as in Venezuela and Columbia.

Though the backbone of Aruban economy was tourism, it was also a major base for refining and exporting oil.
In addition, Aruba also exported huge quantity of coffee, rice, sugar and whiskey to Europe and other western countries.

The invitation by IMC President Bajaj to visit Mumbai was presented to H.E. the Prime Minister in June by Mr Dinesh N. Joshi, Vice-Chairman of the IMC Infrastructure Committee and Indian partner of InCar Group.


http://www.incargroup.com/press/2007_12_01_archive.html

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« Reply #5 on: April 23, 2009, 01:59:08 PM »

Lifesong...I have no idea if I found that one or not..... Doesn't really matter as long as it was found..lol   
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« Reply #6 on: April 23, 2009, 11:26:18 PM »

Quote

http://scaredmonkeys.net/index.php?topic=4617.40

Quote from: Keepthefaith on Today at 12:03:42 AM
This article seems to give a wealth of knowledge pertaining to what is going on down there!I believe it is from January of 2006 but is like an amazing power-point presentation as to what's goin on.  Scroll down to page 15 Look who is very close to Aruba in the Cardon 3...

http://www.pdvsa.com/interface.en/database/fichero/publicacion/1101/35.PDF


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« Reply #7 on: May 01, 2009, 10:02:09 PM »

Quote from: 2NJSons_Mom on Today at 04:03:39 PM
Lifesong & Hotping,

I spent time yesterday, and again today checking out things on Jen's list. I found an article today dated 1/29/2009 about Geolab.  There is a mention of it being part of the Diamar Group....which I couldn't find anything on....just thought I'd mention it. 

http://www.energydigital.com/GeoLab--Your-first-call_13348.aspx

Also found a few things yesterday, but not sure they are leading anywhere, yet.

Edit to add I think it may be Diamar Spa, shipowners, transport, etc., located in Naples.

http://www.pipedir.com/documents/Int_energy_pipeline_directory_2007.pdf


2NJ I'm taking this post over to the pipeline thread and adding what I have found...
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« Reply #8 on: May 01, 2009, 10:04:23 PM »

 
GEOLAB       
GeoLab svolge attività di rilievi marini e servizi di supporto alle operazioni offshore. Fondata nel 1993 a Napoli, GeoLab nel 2002 è stata incorporata nel gruppo Diamar, gruppo armatoriale ed operatore marittimo di levatura internazionale. La sinergia che ne è derivata ha permesso a GeoLab di accedere ad una flotta di mezzi offshore intergruppo e di affermarsi nel mercato del Marine Survey & Positioning, fornendo servizi di qualità con l’impiego di tecnologie tradizionali e soluzioni innovative.
GeoLab è inoltre diventata nel 2006 membro dell’International Marine Contractors Association (IMCA) per le divisioni Marine ed Offshore Surveying. GeoLab fornisce servizi “all-inclusive” di: geofisica marina, geologia e geotecnica, oceanografia applicata, ispezioni sottomarine, supporto alla costruzione offshore e rilievi ambientali, primariamente ai settori oil & gas offshore, collegamenti energia & telecomunicazione sottomarini, protezione dei litorali, ingegneria costiera e archeologia subacquea. GeoLab applica un Sistema di Gestione della Qualità secondo la norma UNI:EN ISO 9001:2000 con certificazione rilasciata dalla DNV (Det Norske Veritas) Italia. GeoLab prevede di conseguire entro giugno 2008 un Sistema Integrato (SGI) secondo le norme ISO 9001, ISO 14000 ed OHSAS 18002 anche per gli aspetti concernenti Sicurezza, Salute ed Ambiente.
(aggiornato al 7 maggio 2008)
GeoLab provides services to the International Marine Market. Established in 1993 in Italy and subsequently incorporated in 2002 into the Diamar Group of Companies, a well-established offshore vessel owner and operator, GeoLab has grown into an internationally renowned Marine Survey Contractor for delivering quality results through proven technology and innovative solutions. GeoLab has joined in 2006 the International Marine Contractors Association (IMCA) for both Offshore Survey and Marine Divisions. GeoLab provides turn-key services world-wide, including marine geophysics, geology and geotechnics, applied oceanography, underwater inspections, construction support and environmental surveying primarily to the offshore oil & gas, submarine cabling, port & coastal, marine defence and underwater archeology industries. GeoLab implements a Quality Management System within the scope of UNI:EN ISO 9001:2000 with certification granted by DNV.
GeoLab will certify (June 2008) their Integrated Quality, Heath, Safety & Environmental Management System (IMS) compliant to ISO 9001, ISO 14000 and OHSAS 18002 by DNV.
(last updated May 7th, 2008)       



Via Monteruscello, 75
80078 Pozzuoli (NA)
Telefono: 081.5249811
Fax: 081.5249850
E-mail: info@geolab.it
Web Site: http://www.geolab.it
      
   

Translation from Italian to English

GeoLAB
GeoLAB carries out surveys and marine support services to offshore operations. Founded in 1993 in Naples, geoLAB in 2002 was incorporated into the group Diama, owner's group and operator of international shipping. The synergy that has arisen has allowed geoLAB access to a fleet of offshore resources intergroup and succeed in the market of the Marine Survey & Positioning, providing quality services using traditional technologies and innovative solutions.
GeoLAB also became in 2006 a member of the Marine Contractors Association (IMCA) for Offshore and Marine divisions Surveying. GeoLAB provides all-inclusive "in: Marine geophysics, geology and geotechnical engineering, applied oceanography, underwater inspection, construction support to offshore and environmental relief, primarily to areas offshore oil & gas, energy & telecommunications links submarines, coastal protection, engineering coastal and underwater archeology. GeoLAB applies a Quality Management System according to UNI EN ISO 9001:2000 certification issued by DNV (Det Norske Veritas) Italy. GeoLAB expects to achieve by June 2008 an Integrated System (SGI) according to ISO 9001, ISO 14000 and OHSAS 18002 for matters concerning Safety, Health and Environment.
(updated 7 May 2008)



GeoLAB provides services to the International Marine Market. Established in 1993 in Italy and subsequently incorporated in 2002 into the Diama Group of Companies, a well-established offshore vessel owner and operator, geoLAB has grown into an internationally renowned Marine Survey Contractor for delivering quality results through proven technology and innovative solutions. GeoLAB has joined in 2006 the International Marine Contractors Association (IMCA) for both Offshore Survey and Marine Divisions. GeoLAB provides turn-key services world-wide, including marine geophysics, geology and geotechnics, applied oceanography, underwater inspections, construction support and environmental surveying primarily to the offshore oil & gas, submarine cabling, port & coastal, marine and defense industries underwater archeology . GeoLAB implements a Quality Management System within the scope of UNI EN ISO 9001:2000 with certification granted by DNV.
GeoLAB will certify (June 2008) their Integrated Quality, Heath, Safety & Environmental Management System (IMS) compliant to ISO 9001, ISO 14000 and OHSAS 18002 by DNV.
(last updated May 7th, 2008)




Via Monteruscello, 75
80078 Pozzuoli (NA)
Phone: 081.5249811
Fax: 081.5249850
E-mail: info@geolab.it
Web Site: http://www.geolab.it

http://www.assomineraria.org/aziende/view.php?aziende_pk=2106&search=
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« Reply #9 on: May 01, 2009, 10:20:24 PM »

Notice in the above article it says Diama Group not Diamar Group...Could just be a typo...

This is all I could find on Diama Group

Diama Group of Companies
Address: 28A Berkley Street, Onikan, Lagos.
Phone: +234 1 2645559; Fax: +234 1 2645556

http://www.nigeriagalleria.com/Manufacturing_and_Production/Conglomerates_d.html
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« Reply #10 on: May 01, 2009, 10:31:22 PM »

I have no idea if any of these are related to Geolab Diamar Group of Companies but I thought I would post for others to see....


DIAMAR GROUP LLC
Miami, FL
Tampa, FL
CAVEDA, DAVID M
(MANAGER)
CAVEDA, M
(CONTACT)
GALLINAR, MICHAEL D
(MANAGER)
Associated Companies
 LAW OFFICE OF DAVID CAVEDA PA
WESTSIDE BEACH LLC
KCMD GROUP INC
1000 BRICKELL SUITE 300 LLC
WESTSIDE BEACH LLC
MGTG HOLDINGS INC
MGTG HOLDINGS LLC
AGI HOLDINGS LLC
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« Reply #11 on: May 01, 2009, 11:33:46 PM »


I'm working on the Timeline tonight and just came across this:

07/05/2008

Geolab Positioning Contract:

“Veripos has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe's leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services.

The contract extends the relationship between the two companies following an earlier three-year agreement.  Under the new agreement, Veripos will continue to provide GeoLab with a full range of proprietary globalised satellite positioning facilities extending from its Standard GNSS augmentation service to its latest Ultra Precise Point Positioning (PPP) capability which ensures decimetre-level accuracies by minimising or removing all main GPS error sources.”

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« Reply #12 on: May 02, 2009, 01:33:15 AM »

I will try to research this more tomorrow..Its Very Interesting

Oil Exploration Licenses

NETHERLANDS ANTILLES (Incl. ARUBA)
 
Production Sharing Contract Dated 19 March 1989 Between NOCA & Maraven S.A. For Contract Are II Offshore Aruba  (Supplement 74 /Page 1)
 
Production Sharing Contract Dated 14 March 1989 Between NOCA & Hamilton Oil (Aruba) Corporation for Contract Area I Offshore Aruba (Supplement 72 /Page 1)
 
Occidental Production Sharing Contract Dated 10 March 1989 for Contract Area II (Offshore) (Supplement 71 /Page 1)
 
1988 Model Production Sharing Contract for Offshore Exploration and Exploitation (Supplement 68 /Page 1)
 
The   Petroleum   Ordinance    Offshore  Aruba  1988   (With Explanatory Memorandum) (Supplement 69 /Page 49)
 
Production Sharing Agreement Dated 18 January 1980 Between Saba Bank Resources N.V. and Weeks Natural Resources (Netherlands Antilles N.V., Fina Petroleum St. Maarten N.V., & Fina Petroleum St. Eustatius, N.V. (Supplement 41 /Page 1)
 
Production Sharing Agreement Dated 15 December 1976 Between Saba Bank Resources N.V. and Marathon/Weeks/Santa Fe/Hamilton/ & Amerada (Supplement 26 /Page 13)
 
Act of 13 December 1976 Containing Rules With Respect to The Exploration & Production of Petroleum in or on The Saba Bank (Supplement 25 /Page 66)
 
Weeks Natural Resources (Netherland Antilles) N.V. Offshore Concession for Saba Bank, Dated 13 December 1974  (Supplement 18 /Page 46)

http://www.ciglobal.com/page126.html
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« Reply #13 on: May 02, 2009, 01:37:15 AM »

Caribbean fact sheet

http://www.gasandoil.com/goc/news/ntl32626.htm
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« Reply #14 on: May 02, 2009, 01:59:22 AM »


More interesting reading...

 
http://74.125.95.132/search?q=cache:nRiwGjuJ-bgJ:www.fig.net/pub/figpub/pub36/chapters/chapter_5.pdf+oil+exploration+licenses+aruba&cd=42&hl=en&ct=clnk&gl=us

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« Reply #15 on: May 02, 2009, 11:42:19 AM »

There could be very important info in this PDF file....Go to page 2 see the mention of Coastal Aruba.

 

http://www.cwa.uk.com/cvs/ms.pdf

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« Reply #16 on: May 02, 2009, 12:09:33 PM »

Chavez Says 'Empire's' Navy Doesn't Intimidate Him

Could it be that Washington is trying to intimidate Venezuela with large-scale naval maneuvers in the Caribbean Sea? According to this article from Venezuela's Cadena Global, President Hugo Chavez said, 'We aren't afraid of the Paper Empire!,' and 'We are preparing ourselves' for America's attempt to 'enslave us.'
Translated By Paula van de Werken

May 7, 2006
Venezuela - Cadena Global - Original Article (Spanish)   

 

Aircraft Carrier USS George Washington,
Now Taking Part in Naval Exercises That Venezuela
Says are Meant to Intimidate It. (above).

------------------------------------------------------------------
During his Sunday "Hello President [Alo Presidente]" program, Venezuelan President Hugo Chavez maintained that the purpose of the American military presence in the Caribbean is to "intimidate" his Government, and he warned that the "Bolivarian Revolution isn't afraid of the Empire." Chavez also announced that he would push forward a legal reform to increase taxes paid for the extraction of  oil.

 

Hugo Chavez: Just
Because You're Paranoid,
Doesn't Mean They're Not
Out to Get You ...

-----------------------------"There are 6,000 sailors in the Caribbean and I don't know how many aircraft carriers and submarines. Just because they sail around the Caribbean with fleets they feel like putting there, they aren't going to threaten us, they aren't going to frighten us, we aren't afraid of the Paper Empire!" Chavez declared.

The Venezuelan ruler argued that the presence of the United States Ambassador to Caracas, William Brownfield, "onboard and outfitted by the fleet,"  shows that "those military maneuvers taking place right here under our noses, are meant to threaten us."

Brownfield has rejected claims that his country's military maneuvers in the Caribbean, as part of "Operation Partnership of the Americas," are meant to intimidate Venezuela.

Taking part in the United States maneuvers, beside the aircraft carriers, are over a hundred combat aircraft, a cruiser, a destroyer, a frigate with missiles and 6,500 sailors, according to various sources.

The American maneuvers, which began in April and will continue through May,  are taking place in international waters and also within the waters of Curacao, Aruba, Jamaica, Trinidad and Tobago, San Cristobel and Nevis, among other Caribbean nations.

Chavez insistently denounced the presumed intention of Washington "to invade" Venezuela to take over its reserves of over 3.15 billion barrels of oil (according to official figures). The White House denies the allegation.

"If the United States thinks it can come here and enslave us, there will be nothing left for us to do than go to the mountains and to the neighborhoods and resist the aggression. We are preparing ourselves," the Chief of State reiterated during his Sunday program.

Chavez accuses the Government of the United States of "Imperialism" and of "meddling" in Venezuela's internal affairs, while Washington calls the President of Venezuela "authoritarian" and a promoter of "anti-American" sentiment.

NEW TAX ON OIL EXTRACTION

 

Map and Graphic of the Orinoco Belt and Venezuela's Energy Resources.

----------------------------------------------------------------------------------During the program, Chavez announced he would push forward a legal reform to increase tax payments for oil extraction.

"We are going to create a new oil tax, called the tax on extraction. Companies are earning a lot of money from the oil that they are taking from Venezuela," Chavez said, in regard to the international oil company partnerships operating in the country.

Despite the announcement by Chavez that oil companies which produce heavy crude in the Orinoco Belt will pay taxes of 50%, rather than the present rate which is closer to 34%, he didn't precisely specify the new tax rate.

British company British Petroleum Plc,  American Exxon-Mobil Corp., Chevron Corp. and ConocoPhilips, France's Total SA and Norwegian Statoil, operate in the Orinoco Faja Belt.

Executives of the state-run company Petroleos de Venezuela S.A. (PDVSA) said a short while ago that Venezuela wants to convert four heavy crude operations into "mixed enterprises."

Chavez said that in 2007 the new tax would generate close to $1 billion in new revenue, without going into further details.

http://www.watchingamerica.com/cadenaglobal000004.shtml
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« Reply #17 on: May 02, 2009, 01:22:53 PM »

EXHIBIT 10.3

CONSULTANCY CONTRACT

BETWEEN

VETRA GROUP A.V.V.

AND

SAHARA PETROLEUM EXPLORATION CORP.


--------------------------------------------------------------------------------
This ALLIANCE AGREEMENT ("the Agreement") made as of the 9th day of March 2005 between Vetra Group A.V.V. ("VETRA") a Corporation organized under the laws of Aruba, with offices in Caracas Venezuela and Colombia and Sahara Petroleum Exploration Corp., a subsidiary of Global Environmental Energy Corp, (NASDAQ OTC:BB GEECF) (SAHARA) PO Box N-8303 Nassau Bahamas, each hereinafter a "PARTY" and collectively referred to as "PARTIES."

PREAMBLE

A. VETRA is an Aruban company that specialized in consulting in the business of oil and gas exploration and production.

B. SAHARA is an oil and gas exploration and development company.

C. SAHARA is contracting for the services of VETRA to assist SAHARA in specific oil and gas projects.

WHEREAS

a). SAHARA hereby contracts with VETRA to retain the services of VETRA to provide assistance and services to assist SAHARA in the development and commercialization of specific oil and gas exploration and development opportunities.

b). VETRA has agreed to be retained by SAHARA, under VETRA's normal terms and conditions as per appendix A hereto.

c). This Agreement is subject to approval by Board of Directors of VETRA and SAHARA. This Agreement may be modified from time to time in whole or in part by mutual consent in writing by both Parties.

In consideration of the foregoing premises and subject to the terms and provisions set forth below and intending to be legally bound, the Parties agree as follows:

1.0. PROJECT DEFINED.

VETRA shall undertake and assist SAHARA with those projects identified by SAHARA as herewith identified in Appendix B.

2.0. APPENDICES

2.01. The Parties have as of the date of this Agreement executed the appendices.

2.02. The appendices will provide generally terms as set out below.

2.03. SAHARA shall provide all relevant information required by VETRA so that VETRA can successfully meet VETRA 's obligations under the terms and conditions of this Agreement.

2.04. SAHARA will contract with VETRA for expert advice, consultancy services and potential equity participation.

2.05. VETRA will in addition provide to SAHARA will as of the date of this agreement the following persons to the advisory board of SAHARA: Humberto Calderon Berti, Karl Mazeika with alternates, Alfredo Gruber, Iker Anzola.

3.0. Allocation of Costs.

Each Party shall bear its own costs associated with preparation and execution of this Agreement.

4.0. Compliance With Law

Each Party hereby represents and warrants to the other that it and its respective activities in connection with the Agreement are in accordance with all applicable laws, regulations and other requirements of all state and Federal governmental authorities and all political subdivisions and agencies thereof, and of any applicable foreign governmental authority and all political subdivisions and agencies thereof. The Parties agree that this agreement shall be governed by and construed and enforced in accordance with the laws of the Commonwealth of the Bahamas.

5.0 Interference.

5.1 No Party will knowingly interfere with any negotiation, arrangement or prospective business relationships then in process of being developed by any Party. Furthermore, no Party will at any time during the term of this Agreement and for a minimum of six (6) months after termination enter into any agreement or arrangement with any other person or entity which would infringe upon the rights or the interests of any Party as provided for in this Agreement.

6.0. Duration

The Agreement will become effective upon execution by the Parties and shall continue in effect for ten (10) years (Primary Term)..

7.0 Confidentiality

7.1. Each Party shall keep in strict confidence all financial, commercial and technical information belonging to any Party or which was developed by any Party relative to the opportunity (the "Confidential Information"). No Party shall at any time disclose Confidential Information to any third party. VETRA hereby agrees never to directly or indirectly disclose or use or even to "tacitly imply", or assist anyone else in disclosing or using such trade secrets to any person or entity other than as authorized by the parties for a period of five (5) years from the date hereof. VETRA will not without written consent from SAHARA, divulge, disclose or make accessible to any person the confidential business information of SAHARA. A Party receiving any governmental or judicial directive or order requiring it to disclose, release or produce Confidential Information to a third party shall immediately notify all other Parties by the quickest available means of communication of the existence of any such governmental or judicial directive or order pursuant to the notice provisions of this Agreement. Failure of the Party receiving any such governmental or judicial directive or order to notify the other Parties to this Agreement of the existence of same by the quickest immediate means of communication, shall constitute grounds for the declaration of an immediate default under the terms of this Agreement.

7.2. Each Party accepts and agrees that the principal point of contact for SAHARA is SAHARA's President & Chief Executive Officer, Dr. CA McCormack. All contact, discussions or negotiations between VETRA and SAHARA will be with Dr. CA McCormack or with those persons authorized by Dr. CA McCormack in writing. All contact with McCormack in his individual capacity shall be with McCormack or persons designated by McCormack in writing as representatives of McCormack.

8.0. Dispute Resolution

All disputes among the parties which cannot be settled amicably after negotiation by the Parties within a period of ten (10) days (subject to extension by mutual written agreement) shall be settled under the Commercial Arbitration Rules of the Chamber of Commerce, Nassau Bahamas, current at the time of dispute, by three (3) arbitrators appointed in accordance with those rules. The place of arbitration shall be Nassau Bahamas, and the language of the proceeding shall be English. The decision of the arbitrators shall be final and enforceable through any court.

9.0. Language

This Agreement, any modifications thereto, all correspondence and other documents relevant to this Agreement or the undertakings related to the Agreement shall be in English.

10.0. Modifications and Additional Appendices.

The Parties agree that appendices may be modified or additional appendices may be added to this Agreement by mutual consent of the Parties in writing.

11.0 Miscellaneous

11.1 Failure of any Party to comply with any requirement, term or condition of this Agreement shall constitute and be deemed sufficient grounds for the termination of the Agreement by another Party.

11.2 No Party shall be liable for any claim or demand from another Party for anything already done or formed or for any other matter or thing whatsoever in connection with this Agreement or any appendix, or for anything done or formed or for any other matter or thing whatsoever in connection with the undertakings called for by this Agreement or the appendices, in the event that this Agreement or any of the appendices are not executed by any Party.

11.3 In the event of default VETRA or SAHARA may take any remedial step afforded by law or in equity or provided by this Agreement with all costs of any such remedy to be met or satisfied in full by the defaulting Party. No remedy is intended to be exclusive of any other remedy and each and every remedy shall be cumulative and in addition to any other remedy given by law or in equity or this Agreement.

11.4 If any Party to this Agreement withdraws from this Agreement without cause, the remaining Parties shall be able to claim against the withdrawing Party the actual damages and penalties those Parties have or may reasonably incur as the result of such withdrawal.

11.5 Notwithstanding anything to the contrary herein, or elsewhere agreed to, neither party shall be liable for any consequential, secondary and/or indirect damages, costs or losses caused by or arising out of the other parties undertakings which do cause damages, costs or loss or threat thereof to the other party.

11.6 No Party shall commit any other Party to any other agreement or undertaking unless done with mutual written consent of all Parties. Nothing in this Agreement or the undertakings connected therewith shall be construed to create or constitute a partnership, agency or similar relationship or create joint and several liability on the part of the Parties.

11.7 The execution and delivery of the Agreement, and any appendices and all other required documents and instruments is and will be conditioned upon each Party obtaining all necessary authorizations and approvals, unless said authorizations and approvals have been represented by that Party to have been obtained or exist at the execution of this Agreement.

12.0. Documentation, Records, Audit.

12.1 When requested by SAHARA, VETRA shall provide copies of all documents concerning VETRA's activities pursuant to this agreement.

13.0 Warranties, Representations and Covenant

The Parties warrant, represent, and covenant as follows:

a. Capabilities: VETRA has the capability, experience, and means required to perform the services contemplated by this Agreement. All services and undertakings will be performed using personnel, equipment, and material qualified and/or suitable for the services and undertakings required or as otherwise requested.

b. Performance of Services and Undertakings: SAHARA acknowledges that the scheduling of VETRA's services and undertakings is critical to VETRA. Accordingly, SAHARA shall insure that available information, maps introductions and data that is necessary to fulfill VETRA's services and undertakings is present and will be continually available at all times to VETRA.

c. Notice of Violations: The Parties shall notify each other (i) if either party is served with notice of significant violation of any law, regulation, permit or license which relates to its services and undertakings hereunder; (ii) proceedings are commenced which could lead to revocation of permits or licenses which relate to such services; (iii) permits, licenses, or other governmental authorizations relating to such services or undertakings are revoked;
(iv) litigation is commenced against either party which could affect such services or undertakings. Upon service of any such notice, commencement of proceedings or revocation, the noticed party shall immediately notify the other party by the quickest available means of communications of the service of any such notice, commencement of proceedings or revocation according to the notice provisions of this Agreement. The failure of either party to undertake the foregoing required notifications shall constitute grounds for the declaration of an immediate default under the terms of this Agreement.

14.0. Force Majeure.

14.1. No Party shall be deemed in default of this Agreement or any action hereunder to the extent that any delay or failure in the performance of its obligations (other than the payment of money) results, without its fault or negligence, from any cause beyond its reasonable control, such as but not limited to acts of nature, acts of civil or military authority, embargoes, epidemics, war, riots, insurrections, fires, explosions, earthquakes, floods, adverse weather conditions, strikes, changes in laws, statutes, regulations or ordinances, and ministerial actions or omissions by regulatory authorities or their representatives, unless such omission or action shall have been caused or contributed to by the responsible party hereunder. If any such force majeure condition occurs and continues for a period of more than fourteen (14) days, then the Party experiencing such condition shall give immediate written notice to all other Parties which may then elect to: (1) terminate the affected service or undertaking or any part thereof, or (2) suspend the affected service or undertaking or any part thereof for the duration of the force majeure condition and resume performance once the force majeure condition ceases. Unless written notice is given within thirty (30) days after being notified of the force majeure conditions, the other Parties shall be deemed to have elected option 2 as outlined in this section 14.1.

15.0. Consequential Damages.

15.1. No Party shall be liable to any other Party for any indirect, incidental, special or consequential damages (including loss of anticipated profits, business interruption, good will or other economic or commercial loss) arising out of the undertakings called for by this Agreement or any appendices.

16.0. Entire Agreement.

16.1. The terms and conditions set forth herein constitute the entire understanding of the Parties.

(rest of page left intentionally blank)


--------------------------------------------------------------------------------
IN WITNESS WHEREOF, each of the undersigned Parties has caused this Alliance Agreement to be executed and delivered by its duly authorized officer on the date first written above.

FOR VETRA

BY: /s/ Humberto Calderson Berti               dated 9th March 2005
    ----------------------------               ---------------------
Mr Humberto Calderon Berti
President Vetra Group AVV,
for and on behalf of VETRA AVV
 


AND

FOR VETRA

BY: /s/  Karl Mazeika                          dated 9th March 2005
    ----------------------------               ---------------------
Mr Karl Mazeika
Vice President Vetra Group AVV,
for and on behalf of VETRA AVV
 


FOR SAHARA

BY: /s/ Dr. CA McCormack                       dated 9th March 2005
    ----------------------------               ---------------------
Dr. CA McCormack
Chairman & President
Sahara Petroleum Exploration Corp
 


For and on behalf of Sahara Petroleum Exploration Corp

BY: /s/ Phillip O'Carroll                      dated 9th March 2005
    ----------------------------               ---------------------
Witness
Mr Philip O'Carroll
 



--------------------------------------------------------------------------------
Appendix A. VETRA's terms and conditions.

1). VETRA shall bill for its services at 50% of the going industry rate or at an average USD$100 per hour

2). SAHARA and VETRA will agree in advance on a budget for the services to be performed which will serve as a basis for the presentation of all invoices, billings and costs to SAHARA, to include a retainer on a job by job basis.

3). SAHARA and VETRA will negotiate and agree to pay a success fee in stock and in warrants as follows: 1,000,000 shares plus warrants exercisable at any time for 10 years from the date hereto as follows: o 200,000 shares with a strike price of USD$4.00 o 200,000 shares with a strike price of USD$6.00 o 200,000 shares with a strike price of USD$8.00 o 200,000 shares with a strike price of USD$10.00 o 200,000 shares with a strike price of USD$20.00 The success fee is triggered when SAHARA has contracted, directly or indirectly an oil and gas opportunity as defined in appendix B.

(rest of page left intentionally blank)

http://sec.edgar-online.com/global-environmental-energy-coporation/8-k-current-report-filing/2005/03/21/Section5.aspx
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May 2010 Bring Natalee Home to Rest In Peace!
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« Reply #18 on: May 02, 2009, 01:32:06 PM »

Gas drilling close to Aruba 14 November 2008
ORANJESTAD - Venezuela and Russia have started with mutual drillings for gas in sea. One of the fields where they are gong to drill, Cardón III, lies close to Aruba. The Venezuelan company PdVSA and the Russian Gazprom do the exploitation. Almost 190 Venezuelans, Russians, and Americans work on the project Venezuela and Russia close to Aruba.The idea is that also the American Chevron-Texaco participates actively in the project, which is something that Venezuela has promised a few years ago. Chevron-Texaco is coping with the anti-American attitude of the Chavez-government
http://www.yellowpages-aruba.com/home/news
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Prayers Will Bring Natalee Home!
May 2010 Bring Natalee Home to Rest In Peace!
hotping
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All Prayers Will Be Answered in Time!


« Reply #19 on: May 02, 2009, 02:02:38 PM »

http://www.mmrvzl.com/experienciavzlacuadro.htm
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In God We Trust!
Prayers Will Bring Natalee Home!
May 2010 Bring Natalee Home to Rest In Peace!
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