Origin of the name Philip: Derived from the Latin Philippus, which is from the Greek Philippos (lover of horses). The name is composed of the elements philos (loving) and hippos (horse).Var: Philipp, Phillip, Phillipp.From A World of Baby Names by Teresa Norman.erived from the Latin Philippus, which is from the Greek Philippos (lover of horses). The name is composed of the elements philos (loving) and hippos (horse). Var: Philipp, Phillip, Phillipp.
And in January, oil crews drilled the world's longest and deepest extended-reach well, 7.7 miles down into the ground and 7.1 miles out under the ocean. Seven of the 10 longest oil wells on Earth have been drilled there since Exxon Mobil launched its Sakhalin-1 project in 2003.
Large oil reserves were first identified in the Dhahran area in 1931, and in 1935, Standard Oil drilled the first commercially viable oil well. Standard Oil later established a subsidiary in Saudi Arabia called the Arabian American Oil Company (ARAMCO), now fully owned by the Saudi government and known as Saudi Aramco.