Fossil Energy
US Court Confirms Pemex Must Pay $465 Mln to KBR
KBR announced today that the United States District Court Southern District of New York has entered a judgment for $465 million confirming the International Chamber of Commerce’s arbitration award against Pemex Exploration and Production (PEP), a subsidiary of Pemex, the Mexican national oil company
Prospector Offshore Drilling Takes Delivery of Its First Rig
Prospector Offshore Drilling S.A. has taken delivery of PROSPECTOR 1, from Dalian Shipbuilding Industry Offshore Co., Ltd. in Dalian, China. PROSPECTOR 1 is the first in the Company’s series of six high specification, harsh environment jack-up drilling rigs built to the Friede and Goldman JU2000E de
Iraq Mega Projects Conference to Focus on Iraq’s Oil Production
The fourth edition of the Iraq Mega Projects Conference and Exhibition organised by the CWC Group will open its doors on 1 October 2013 at the Dubai International Convention and Exhibition Centre Sheikh Maktoum Hall. The two-day event, held under the patronage of H.H Sheikh Mohammed bin Maktoun bin
Start-Up of Njord and Hyme Fields Delayed Until 2Q 2014
Faroe Petroleum, the independent oil and gas company, announces, further to the announcements released on 9 September 2013 and earlier today, the conclusions of a meeting of the Management Committee of the Njord field held this morning. At the meeting, Statoil as operator informed the Group that the
Scana Offshore to Exhibit at OTD, Norway
Scana Offshore group of companies will be present at the Offshore Technology Days in Stavanger, October 23-24 2013. The companies participating are: Scana Skarpenord, Scana Mar-El, Scana Offshore Technology and Scana Offshore Vestby. The Company’s main objective in participating at the OTD, is to up
C-MAR Awarded Crewing Contract for Express Pipelayer
Leading international marine and offshore resource and asset management provider C-MAR Group has today announced that it has won a major crewing contract with EMAS AMC, which will see the business provide the marine crew for the 520 foot, reeled pipelay vessel the Express, until Summer 2015. The agr
San Leon Sells Interest in Irish Assets
San Leon Energy, the oil and gas exploration and development company focused on projects in Poland, Morocco and Turkey announces that it has signed Binding Heads of Agreement in respect of the sale of Island Oil & Gas Limited to Ardilaun Energy Limited. Island Oil & Gas is a wholly owned subsidiary
Sonar Equipment Services Delivers First Multi-Sensor ROV Survey Package
Great Yarmouth-based Sonar Equipment Services has successfully delivered its first multi-sensor ROV survey package to Calecore’s marine survey division, Calesurvey. The leading supplier of marine survey equipment to the offshore energy industry has integrated, tested and mobilised a complex array of
Minister Ewing Keynote Speaker at Offshore Decommissioning Conference
Oil & Gas UK and Decom North Sea, co-organisers of the Offshore Decommissioning Conference, have confirmed that Fergus Ewing MSP, Minister for Energy, Enterprise and Tourism will deliver the keynote address at this year’s event, sponsored by Ernst & Young LLP. The conference will take place at the F
Expro Receives Prestigious RoSPA Scotland Trophy
Leading international oilfield services company, Expro, has received another major acknowledgement for its approach to occupational health and safety management from the Royal Society for the Prevention of Accidents (RoSPA). Expro was presented with the prestigious RoSPA Scotland Trophy at the chari
Floatel International to Provide Support Vessel for Ichthys LNG
Floatel International has been awarded a contract for provision of an accommodation and construction support vessel for the INPEX-operated Ichthys LNG Project. The Ichthys Field is located approximately 220 km off the north-west coast of Western Australia, at the western edge of the Timor Sea. The w
Faroe Petroleum Reports Increased 1H Net Cash
Faroe Petroleum, the independent oil and gas group focused on oil and gas exploration and production in the Atlantic margin, Norway and the North Sea, announces its unaudited Interim Results for the six months ended 30 June 2013. The Compan reports Revenue at £89.0million (1H2012: £90.6million) and
Galoc Well Ops Move Forward (Philippines)
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development project approved in 2012. During the period from 0600 hours (AWST) on
Green Party Places Bid Opposing Offshore Drilling in New Zealand
The New Zealand Green Party submitted the Kiwi Bid to the Government today with over 14,000 signatures from New Zealanders who want “to protect our oceans and beaches from risky deep sea drilling”. Today is the final day of the Block Offer 2013 non-financial tender process where oil companies submit