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30/09/11

BLACK GOLD

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         Oil is often called ‘black gold’ because it is very useful and valuable resource. The Dutch discovered it at Talaga Sands in North Sumatra in 1885. This discovery started off the serious search for oil in
Indonesia. Singapore earns a about £240 q minute as a service center for off shore exploration for ‘black gold’. Oil companies employ the services of geophysical survey firms to help them locate oil-bearing areas. Many nations like Japan buy a lot of oil from Southeast Asia. Each oil-rig is expensive to built because it stands so far away from land, everything that it needs – such as food and supplies – coast more. Heavy storms can spring up suddenly and cause strong winds and huge waves to crash into the rig so it is dangerous.

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