What does JOEL mean in COMPANIES & FIRMS
Jerusalem Oil Exploration Ltd. (JOEL) is an oil and gas exploration company based in the holy city of Jerusalem. The company has an exclusive license to explore the potential oil reserves in the region, as well as other investments unique to the Middle Eastern area. JOEL has made significant contributions to the local economy by exploring and developing local oil resources, and opening up new areas for exploration. JOEL is constantly looking for innovative ways to develop its operations and make sure its activities are sustainable for future generations of Israelis. As a result, JOEL's commitment to corporate responsibility and environmental protection is among best-in-class compared to other companies operating in or around the Middle East.
JOEL meaning in Companies & Firms in Business
JOEL mostly used in an acronym Companies & Firms in Category Business that means Jerusalem Oil Exploration Ltd
Shorthand: JOEL,
Full Form: Jerusalem Oil Exploration Ltd
For more information of "Jerusalem Oil Exploration Ltd", see the section below.
Essential Questions and Answers on Jerusalem Oil Exploration Ltd in "BUSINESS»FIRMS"
What is Jerusalem Oil Exploration Ltd.?
Jerusalem Oil Exploration Ltd. (JOEL) is a leading oil and petroleum exploration and production company that operates across the Middle East. We specialize in finding, extracting, and delivering oil and gas resources to our partners around the world.
What countries does JOEL operate in?
JOEL is currently active in Israel, Jordan, Iraq, and Turkey. We are always looking for new opportunities to expand our operations to other countries in the region.
What types of services does JOEL provide?
We offer a wide array of oil field services such as drilling, completion, production optimization, maintenance, operational safety assurance, seismic surveys for data collection and interpretation as well as all related services.
Does JOEL have experience with offshore operations?
Yes! We have extensive experience with offshore drilling operations and have been carrying out these activities for over two decades now. We also provide high quality offshore asset protection and technical support services throughout the Middle East region.
Does JOEL use advanced technology solutions when carrying out exploration activities?
Yes! Our team utilizes state-of-the-art technologies such as horizontal drilling and three-dimensional seismic surveys to provide our clients with reliable data that helps them make informed decisions about their investments in the oil and petroleum industry.
What kind of financial assistance can clients expect from JOEL?
Depending on the project specifics we can offer various forms of financial assistance including joint venture capital investments or operator funding commitments that help minimize overall risks while increasing returns on investment opportunities in new exploration initiatives across the region.
Does JOEL have an environmental management plan for its exploration projects?
Yes! All of our exploration activities comply with local regulations as well as industry standards when it comes to protecting the environment from any potential harm caused by our operations. We take great pride in committing to responsible actions that ensure long-term sustainability of local ecosystems where we work.
Is there a process to report incidents or accidents related to exploration activities?
Yes! We take safety very seriously at JOEL which is why we encourage all personnel involved with extraction or production processes to report any incidents immediately through our dedicated Safety Reporting System (SRS). Our SRS provides thorough information on what must be done when an incident has occurred so that appropriate corrective measures can be taken right away.
Final Words:
In conclusion, Jerusalem Oil Exploration Ltd. (JOEL) is a successful, established company that understands the importance of sustainability when it comes to oil exploration and development. Its commitment to corporate responsibility makes it one of the top performing companies in terms of environmental protection while also contributing positively to the Israeli economy through exploration and development activity within exclusive licenses granted by local authorities.