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Fossil Energy

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Business & Finance
Norway: ConocoPhillips Gets Green Light to Use Haven on Ekofisk
Fossil Energy

Norway: ConocoPhillips Gets Green Light to Use Haven on Ekofisk

ConocoPhillips Skandinavia AS has received consent to use the Haven mobile living quarters facility on Ekofisk. Haven will be placed with a gangway to Ekofisk 2/4 M. Haven will increase the accommodation capacity for personnel until the new fixed living quarters facility 2/4-L can be put into use. H

about 15 years ago
UK: Hydratight Wins Five Star Health and Safety Audit Award
Fossil Energy

UK: Hydratight Wins Five Star Health and Safety Audit Award

Hydratight staff joined other recipients to collect an internationally-recognised British Safety Council health and safety accolade at a prestigious ceremony at the HQS Wellington, London. Hydratight won the coveted Five Star Health and Safety Audit Award following a rigorous inspection, which conce

about 15 years ago
Norway: Lundin, Noreco and Talisman Submit PDO for Bryngild Field
Fossil Energy

Norway: Lundin, Noreco and Talisman Submit PDO for Bryngild Field

Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS as operator has, with its partners Noreco ASA (Noreco) and Talisman Energy Norge AS (Talisman), submitted a plan for development and operation (PDO) for the Brynhild field (formerly called Nemo) to t

about 15 years ago
USA: Thrustmaster To Deliver Propulsion System For Two PSV’s
Fossil Energy

USA: Thrustmaster To Deliver Propulsion System For Two PSV’s

Thrustmaster of Texas, Inc. has been awarded the propulsion system for two 92.4 Meter Platform Supply Vessels to be built by Fincantieri Marine Group’s Bay Shipbuilding Company, Sturgeon Bay, Wisconsin for Tidewater Marine LLC. The main propulsion system will consist of two Thrustmaster model TH2500

about 15 years ago
Polarcus to Start 3D Multi-Client Survey in Barents Sea, Offshore Norway
Fossil Energy

Polarcus to Start 3D Multi-Client Survey in Barents Sea, Offshore Norway

Polarcus Limited announce that the Company will commence acquisition imminently of a 3D multi-client project over the Bjarmeland Platform in the Barents Sea, offshore Norway. The project, with the potential to cover an area of up to 1,100 square kilometers, is supported through strong industry pre-f

about 15 years ago
Italy: Eni Establishes Nomination Committee
Fossil Energy

Italy: Eni Establishes Nomination Committee

The Board of Directors of Eni established the Nomination Committee, led by the Chairman of the Board of Directors, Giuseppe Recchi, and composed by the Chairmen of the other Board Committees: Alessandro Lorenzi (Chairman of the Internal Control Committee) Alessandro Profumo​ (Chairman of the Oil-Gas

about 15 years ago
Sweden: TransAtlantic Expands its Fleet with New AHTS
Fossil Energy

Sweden: TransAtlantic Expands its Fleet with New AHTS

TransAtlantic has received delivery of Magne Viking AHTS vessel from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be flagged up in the Danish register of ships, DIS. Magne Viking is the third new‐build in a series of four, which are being built at the Spanish shipyard. The last ves

about 15 years ago
France: Spectrum to Buy Over 500.000 km of CGGVeritas 2D Multi-client Library
Fossil Energy

France: Spectrum to Buy Over 500.000 km of CGGVeritas 2D Multi-client Library

CGGVeritas announced today that it has signed a strategic agreement with Spectrum, a Norwegian multi-client company, for the contribution by CGGVeritas of its 2D Multi-client marine library for a consideration in cash and a major equity position in Spectrum. CGGVeritas has reached a strategic agreem

about 15 years ago
Germany: Future Looks Bright for Linde Group
Fossil Energy

Germany: Future Looks Bright for Linde Group

The technology company The Linde Group continued to achieve profitable growth in the first half of 2011. “We are well on our way,” said Professor Dr Wolfgang Reitzle, Chief Executive Officer of Linde AG. “We’ve seen a strengthening of demand in both our gases business and our engineering business wo

about 15 years ago
Oil & Gas Supply Disruption from Libya Affects Eni Business Activities
Fossil Energy

Oil & Gas Supply Disruption from Libya Affects Eni Business Activities

Eni, the international oil and gas company, today announces its group results for the second quarter and the first half of 2011 (unaudited). Financial Highlights Adjusted operating profit: € 9.1 billion in the first half (up 8%); € 4 billion in the quarter (down 3%). Adjusted net profit: € 3.63 bill

about 15 years ago
Norway: Valiant Petroleum Announces Chamonix Well Spud
Fossil Energy

Norway: Valiant Petroleum Announces Chamonix Well Spud

Valiant Petroleum plc announces that drilling has commenced on its first Norwegian exploration well, 6407/5-2S, on PL471 located in the Norwegian Sea. The well is targeting Chamonix, a potentially large Cretaceous stratigraphic prospect, and the secondary Cortina prospect in the Jurassic. The well i

about 15 years ago
Norway: Noreco Sells its Brage and Hyme Stake to Core Energy
Fossil Energy

Norway: Noreco Sells its Brage and Hyme Stake to Core Energy

Norwegian Energy Company (Noreco) announces that the sale of the company’s interests in the Norwegian oil fields Brage and Hyme to Core Energy has now been completed. The consideration to Noreco is USD 85 million net of tax with effective date 1 January 2011. In addition a pro et contra settlement w

about 15 years ago
The Netherlands: High Energy Prices Drive Shell Earnings Up
Fossil Energy

The Netherlands: High Energy Prices Drive Shell Earnings Up

Royal Dutch Shell’s second quarter 2011 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $8.0 billion compared with $4.5 billion the same quarter a year ago. Basic CCS earnings per share increased by 74% versus the second quarter of 2010. Second quarter 2011 CCS earnings, exclu

about 15 years ago
SBM Offshore Installs Two Platforms on Their Locations in Norway and Canada
Fossil Energy

SBM Offshore Installs Two Platforms on Their Locations in Norway and Canada

SBM Offshore’s Yme and Deep Panuke platforms have now been installed on their respective offshore locations in Norway and Canada. Commissioning activities, as well as remaining construction works are currently ongoing to complete and prepare the facilities for start of production. Due to one client

about 15 years ago
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