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Fossil Energy

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WWS Orders Two More PSVs from Damen Shipyards (The Netherlands)
Fossil Energy

WWS Orders Two More PSVs from Damen Shipyards (The Netherlands)

World Wide Supply (WWS), a newly established Norwegian shipowner, has ordered another two PSV 3300 CD’s from Dutch-based Damen Shipyards. The two platform suppliers are added to the four that WWS announced to be built in December 2011. The extra vessels will be delivered end of 2013 and operated by

about 14 years ago
Deep-Water Lifting: A Challenge for the Industry
Fossil Energy

Deep-Water Lifting: A Challenge for the Industry

As oil and gas developments go deeper, the risk related to lifting operations is increasing. “Existing standards and regulations don’t sufficiently meet this challenge and this is why DNV now has initiated a joint industry project to ensure a unified safety approach. Fourteen key international offsh

about 14 years ago
Norway: RWE Dea Hires Leiv Eiriksson Rig
Fossil Energy

Norway: RWE Dea Hires Leiv Eiriksson Rig

RWE Dea Norge AS has secured rig capacity for drilling three wells in in the North Sea and the Norwegian Sea during the years 2013 to 2015. The wells will be drilled with the Leiv Eiriksson rig, owned by Ocean Rig UDW Inc. RWE Dea is participating in a rig consortium which is coordinated by [&hellip

about 14 years ago
MOG Secures Funds for Exploration Offshore Malta
Fossil Energy

MOG Secures Funds for Exploration Offshore Malta

Mediterranean Oil & Gas Plc, the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has drawn down EUR2.0m under the short term secured loan facility of up to EUR3.5m with affiliated investment funds of Och-Ziff Capital Management Group. As previo

about 14 years ago
The Netherlands: Sterling Reports F17 Appraisal Results
Fossil Energy

The Netherlands: Sterling Reports F17 Appraisal Results

Sterling Resources Ltd. today announced the preliminary results of appraisal well F17-09 in block F17a of the Dutch North Sea. After reaching a measured depth of 2200 meters, provisional analysis indicates the well encountered a 10 meter gross oil interval (6 meter net oil interval) through interbed

about 14 years ago
UK: Craig Group to Build Two PSVs for Talisman Contract
Fossil Energy

UK: Craig Group to Build Two PSVs for Talisman Contract

North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, has been awarded a major new contract with Talisman Energy (UK) Ltd. Under the contract the company, which provides offshore support vessels to the industry, will build two new platform supp

about 14 years ago
Norway: SeaBird Appoints New CEO
Fossil Energy

Norway: SeaBird Appoints New CEO

SeaBird Exploration, a global provider of marine 2D and 3D seismic data, and associated products and services to the oil and gas industry today announced that Mr Dag Reynolds has been appointed as new Chief Executive Officer of SeaBird. Mr Reynolds will assume the position with the Company with effe

about 14 years ago
Norway: Lundin Petroleum Starts Johan Sverdrup Appraisal Drilling
Fossil Energy

Norway: Lundin Petroleum Starts Johan Sverdrup Appraisal Drilling

Swedish-based oil and gas company, Lundin Petroleum has commenced drilling of the appraisal well 16/2-11 on the Johan Sverdrup (formerly know as Aldous/Avaldsnes) discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). The planned depth is approximately 2,175 meters below

about 14 years ago
Bermuda: Seadrill Nets Hat-Trick
Fossil Energy

Bermuda: Seadrill Nets Hat-Trick

A Norwegian-Bermudan drilling contractor, Seadrill, has secured new contracts for the three jack-up rigs Offshore Mischief, Offshore Defender, and West Leda. The aggregated revenue potential is estimated at US$311 million inclusive of mobilization fees and assignment specific rig modifications. Offs

about 14 years ago
Premier Oil Provides Update on Drilling in UK and Indonesia
Fossil Energy

Premier Oil Provides Update on Drilling in UK and Indonesia

The Premier-operated East Fyne Appraisal well, 21/28a-11, has drilled to a total depth of 5,020 feet. The well encountered 11 feet of gas bearing sand within the Upper Tay formation and 8 feet of oil bearing sand within the Middle Main Tay. The thickness of the oil bearing sand is at the lower end o

about 14 years ago
Denmark: Ramboll Strengthens Pipelines & Subsea Department
Fossil Energy

Denmark: Ramboll Strengthens Pipelines & Subsea Department

Wishing to increase performance and quality of the company’s consultancy within Pipelines & Subsea projects, Ramboll Oil & Gas has appointed Lars Eriksen to a newly established position as Project Director. The Pipelines & Subsea department in Copenhagen is now lead by Søren Skovgård Møller. This or

about 14 years ago
Wintershall Gets Approval for Drilling in Norwegian North Sea
Fossil Energy

Wintershall Gets Approval for Drilling in Norwegian North Sea

Petroleum Safety Authority Norway has given consent to Wintershall Norway ASA for exploration drilling in the North Sea with the semi submersible rig Songa Delta. The consent applies to drilling of exploration well 35/9-7 as part of PL 418 with Wintershall Norway ASA as operator. The well is located

about 14 years ago
Noreco: Bad Weather Continues to Hamper Production (Norway)
Fossil Energy

Noreco: Bad Weather Continues to Hamper Production (Norway)

Norwegian Energy Company (Noreco) in January 2012 produced 1,653 barrels of oil equivalents (boe) per day. Net realized oil price was USD 99 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production continued to be negatively impacted by weather conditions in the North

about 14 years ago
UK: Xcite Energy Renegotiates Rowan Jack-Up Contract
Fossil Energy

UK: Xcite Energy Renegotiates Rowan Jack-Up Contract

Xcite Energy, has negotiated an amendment to its rig contract with British American Offshore Limited, a subsidiary of Rowan Companies Inc. The amendment provides additional flexibility around timing of the provision of a heavy duty, harsh environment jack up drilling unit, which will better suit the

about 14 years ago
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