Fossil Energy
Dong Energy CFO Leaves After 11 Years in Office
Carsten Krogsgaard Thomsen will step down as CFO after 11 years with Danish energy giant DONG Energy. His successor will be Marianne Wiinholt, who comes from the position of Senior Vice President of DONG Energy’s Customers & Markets division. Marianne Wiinholt will thus replace Carsten Krogsgaard Th
Decom North Sea Names New Directors (UK)
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting Tuesday in St Andrews, with 4 new directors elected and 4 directors re-elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has 225 fee pa
Dolphin Secures North Sea 3D Seismic Contract
Dolphin has been awarded the first 2014 North Sea 3D seismic contract by an undisclosed client. The survey is scheduled to commence with one of our high capacity 3D vessels in early April 2014. “We are pleased that we are able to secure work based on our proven track record for advanced seismic surv
FOGL, Desire Petroleum Join Forces (Falkland Islands)
The boards of FOGL and Desire Petroleum have reached an agreement on the terms of a recommended combination of FOGL with Desire, pursuant to which FOGL will acquire the entire issued and to be issued share capital of Desire in exchange for FOGL Consideration Shares. The Combination values the entire
Malampaya JV Hands Over $1.1 Bln Check to Gov’t (Philippines)
The Department of Energy (DOE) together with the Malampaya Joint Venture Partners today turned over a total of US$1.1 billion dollars to the Philippine National Government in a ceremonial check handover held at the Office of the Secretary, Department of Finance Building, Manila. The amount represent
Dolphin Geophysical Starts Barents Sea Seismic Survey
Dolphin Geophysical, in association with Searcher Seismic, has kicked-off acquisition of a new 3,300km2 3D SHarp BroadBand Multi-Client seismic survey in the Maud Basin South area of the Norwegian Barents Sea. According to Dolphin, the project was originally scheduled to start in April next year, ho
BINCO, Damen Sign Contract for Seven Vessels
A contract signing ceremony between Bin Nowiran for Trading & Contacting Co-(BINCO) (Kingdom of Saudi Arabia) and Damen Shipyards Group (The Netherlands) has taken place on October 1st, 2013 during the Seatrade Middle East Workboat & Offshore Marine exhibition in Abu Dhabi (UAE). This contract for 7
Dragon Oil Hires Two Jack-Ups for Cheleken Drilling
Dragon Oil plc, an international independent oil and gas exploration, development and production company, today announces that it has awarded a contract to BKE Shelf Ltd for the lease and management of two LeTourneau S116E jack-up rigs, Neptune and Mercury, in the Cheleken Contract Area, Turkmenista
Rosneft Buys Share in Caspian Sea Block from Lundin
Lundin Petroleum and its partner Gunvor Group (Gunvor) have entered into a Heads of Agreement with Rosneft Oil Company (Rosneft) to jointly sell 51 percent of LLC Petroresurs. LLC Petroresurs is the 100 percent owner of the Lagansky block licence located in the Russian part of the Caspian Sea. The L
Dong Energy Attracts $2 Billion Investment from Goldman Sachs, Funds
The Danish State represented by the Ministry of Finance and DONG Energy A/S have reached an understanding with funds managed by the Merchant Banking Division of Goldman Sachs (Goldman Sachs) and the Danish pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (P
Adria Winch Scores Hat-Trick of Orders
Croatia’s Adria Winch has, in the past month, in cooperation with Seaonics, received contracts to supply anchor-mooring equipment for three different vessels. The orders are as follows: Vard Langsten (contracted 03.09.2013. – around 400.000 €) Adria Winch with partner Seaonics won a contract to prod
BlueFire Files Patent for Offshore Production Technology
BlueFire Equipment Corporation revealed today that it has filed a provisional patent application for its proprietary offshore production technology at the United States Patent and Trademark Office (USPTO). The filing is currently under review by a USPTO examiner. The new equipment design is yet anot
Shell: First Oil Flows from Parque das Conchas Phase II (Brazil)
Shell and its partners have begun production from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s south-east coast. The BC-10 project (Shell share 50%, Petrobras 35%, ONGC 15%) is comprised of several subsea fields which are tied back to a floating produc
Russia Charges Greenpeace Members with Piracy
Greenpeace has informed that five activists have been officially charged with piracy in Russia, over a protest against Gazprom’s Arctic offshore drilling plans. The Greenpeace members charged with piracy are Russian activist Roman Dolgov, Finnish activist Sini Saarela, and Swedish/American activist