<adj.all> offshore oil reserves an offshore island
Offshore \Off"shore"\, a. 1. From the shore; as, an offshore wind; an offshore signal.
2. Located in the waters near the shore; as, offshore drilling. [PJC]
3. Operating or located in a foreign country; as, an offshore bank account; offshore mutual funds. [PJC]
Now I want to resume my career as a professional musician," Hou, 33, said in a recent interview, just weeks after Chinese authorities placed him on a fishing boat bound for this offshore island.
And Rep. Leon Panetta (D., Calif.), a leader of California opponents to offshore leasing, predicted the plan would help unify states of the Pacific, Atlantic and Gulf coasts to "work for a more balanced and comprehensive energy program."
The generous hard-currency nationalisation terms provided the foundation on which Anglo's offshore arm, Minorco, was built.
The government also announced immediate tariff reductions on certain fabrics that aren't made in Canada, with fabrics from the U.S. eligible for bigger reductions than those from offshore.
A helicopter crashed Wednesday in the North Sea as it was approaching an offshore tanker loading facility, killing six people and injuring seven others, the Shell oil company said.
Iraq said its jets bombed an Iranian natural-gas plant and an offshore oil field during raids in the Persian Gulf.
Very little of the Iran-bound weaponry actually goes through Britain, however, because most of the deals are handled through telexes with offshore dealers, who then ship directly or indirectly to the Mideast.
Ted Price, senior vice president at Scotia-McLeod Inc., a lead manager of the issue, said the offering attracted some offshore interest as well as broad demand from Canadian institutions.
But he speculated that if atmospheric pressure patterns are related to quakes, it may be because winds associated with the patterns raise offshore sea levels slightly, putting more pressure on the earth.
In the longer term, it said, oil tool operations are solidly positioned to benefit from an expected rebound in offshore markets and the eventual need for new gas drilling.
In response to Iraq's attack Saturday on an Iranian tanker and several offshore oil facilities, the administration urged the Iraqi government to refrain from further attacks in the gulf.
Mr. Mann, according to records obtained from Saipan's office of corporations, controls Commercial Bank of the Americas, an offshore bank on Saipan through which hundreds of millions of dollars of Matthews & Wright bond proceeds flowed.
The last offshore discovery in Cook Inlet was made 26 years ago, when Arco, Unocal Corp. and Marathon Oil Co. discovered the McArthur River Field.
Dotted around the edge of the community, and to some extent also in pockets within it, are a number of so-called offshore financial centres.
Brazil has 6,987 oil wells on land and 1,088 offshore wells, with a total output of 560,000 barrels a day.
Unocal Corp. said it began producing oil from Platform Irene, the first offshore platform in Southern California's Santa Maria Basin.
The government is pumping around Dollars 2.5bn (Pounds 1.5bn) a year of offshore oil.
Standard performance fees on offshore futures funds are 15-20 per cent.
To avoid U.S. regulators, some penny-stock operators are moving their operations offshore to Latin America and Pacific island countries, some regulators say.
Offshore-booked foreign bank loans to US companies jumped to Dollars 152bn by the end of 1991, from Dollars 20bn in 1983, while US bank lending booked offshore rose from Dollars 17bn to Dollars 22bn.
The budget includes money to hold seven sales of offshore oil leases; there have been none outside the Gulf of Mexico since 1984.
Several offshore funds, which aren't available to U.S. citizens, also were hamstrung.
At the end of that decade it led to the creation and subsequent spectacular collapse of a secondary stock market based on Kuwaiti-owned offshore companies which existed in little more than name and were not required to issue balance sheets.
You cannot afford to have your board wiped out.' 'Our board members do a lot of travel offshore,' says Chevron.
He suggested that opponents of oil drilling, posing as environmentalists, prevent sensible debate on offshore developments, to wit: "We have drilled thousands of wells on the coasts, and we've had one major oil spill."
They don't believe that Placid Oil, a major independent oil producer, and Penrod, which owns one of the world's largest offshore drilling fleets, could fetch the $1.5 billion that is due the banks.
Unconfirmed reports, mostly from radio operators who had monitored his garbled distress calls, had said that Nicaraguan gunboats had intercepted and rammed the yacht offshore and arrested Milburn.
Some of the companies surveyed have offshore production sites and some don't.
The word 'offshore' conjures images of white sand, palm trees and discreet financial dealings.
Tax evasion, exotic, dodgy: for many investors these will be images conjured up by offshore investment funds.