Fossil Energy
Most Popular News of the Week, Jan 20 – 26, 2013
Most Popular News of the Week, Jan 20 – 26, 2013
Cobalt Makes Pre-Salt Discovery Offshore Angola
Cobalt International Energy, Inc. has, in partnership with the National Concessionaire Sonangol and the Block 21 partners, announced the first discovery in the Syn-rift interval in the Bicuar #1A Pre-salt deepwater exploratory well offshore Angola. The well was successfully drilled to a measured dep
UK Energy Minister Hoping to Unlock 20 Billion Barrels of North Sea Oil
The economy is set to receive a further boost as the Government opens the 28th licensing round.
Mexico’s Pemex Orders Wellheads from FMC Technologies
FMC Technologies, Inc. announced today that it has signed a three-year contract with Pemex Exploration and Production for the manufacture and supply of surface wellheads to support its drilling and well maintenance programs in the Gulf of Mexico. The award is expected to result in approximately $64
Primepoint Orders 2 Semis from Chinese Yard
Singapore’s drilling contractor Primepoint has reportedly placed an order for two new semi-submersible rigs. According to Korean website Asiasis, China’s Yangzijiang Shipbuilding has been selected for the job. Asiasis further reports that Primepoint has an option to order two more rigs of the same,
Premier Appoints Non-Executive Directors
Premier announces that Anne Marie Cannon and David Bamford will join the Company’s Board as non-executive directors with effect from 1 February and 1 May 2014 respectively. Anne Marie has over 30 years’ experience in the energy and banking sectors, including roles at Shell UK, J. Henry Schroder Wagg
Maersk Drilling: Naming Ceremony for Two Drillships in South Korea
Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maer
Tower Resources Working to Complete Namibia Farm-Out. Drillship Leaves Korea
Tower Resources, an oil and gas exploration company focussed on Africa, is looking for a partner which will farm into its offshore Block in Namibia. In an operational update issued today, Tower said that considerable progress has been made in the farm-out process. Tower is seeking a farm-in partner
Major Oil Operators Confirm Attendance at DecomWorld Event in Houston
Maturing offshore oil and gas fields around the world and the looming prospect of asset retirement have resulted in a 65% increase in registrations at the biggest decommissioning and abandonment gathering in the world, organizers say. More than 350 attendees are confirmed to date at the event taki
Prosafe’s 4Q Fleet Utilisation at 82 Pct
Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the fourth quarter of 2013 was 82 per cent, with seven vessels; Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation during the
‘Ramform Atlas’ Seismic Vessel Named in Nagasaki, Japan
The second vessel in the Ramform Titan class, the Ramform Atlas was named in Japan today. The ceremony for the new 24-streamer vessel took place at the Mitsubishi Heavy Industries yard in Nagasaki. The vessel, owned by the Norwegian seismic specialist PGS, will typically tow a network of several hun
Petrobras, Partners Approve $500 M Plan for Libra Oilfield
Brazil’s state run oil company Petrobras announces that, at the Operational Committee meeting of January 21, the consortium formed by Petrobras (40%), Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%), along with Pré-Sal Petróleo S.A. (PPSA), approved the 2014 Working and Investment Plan for the
EMAS AMC Scores $80 M in New Subsea Contracts
Singapore’s Ezra Holdings has informed that its Subsea Services division (EMAS AMC) has been awarded projects worth a total of approximately US$80million, including options. The scope of these projects cover a large spectrum of subsea work, including the decommissioning and towage of an FPSO in Asia
Dana Petroleum Wins Three Blocks in Norwegian Licensing Round
Dana Petroleum has been awarded three new exploration licences by the Norwegian Ministry of Petroleum and Energy. The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what was a record year for the number of companies applying for available acreage. Dana has been offered opera