Fossil Energy
EEEGR 2013: Gas & Wind to Boost East of England Energy Industry
Delegates to the EEEGR 2013 conference went home enthused by more evidence of the renewed dash for gas and a fresh blast of windpower to boost the East of England energy industry. Experts from three world-leading wind turbine producers agreed that the East of England was ideally placed to support th
Azerbaijan: New Shipyard Begins Rig Construction
A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) was officially opened this morning by President of Azerbaijan, H.E. Ilham Aliyev. Singapore’s Senior Minister of St
VIDEO: Fire Breaks Out on Scarabeo 5 Rig in Keppel Verolme Yard
A fire broke out this morning on the Scarabeo 5 rig in the Keppel Verolme yard in the Netherlands.
Hirex and Bass Jointly Evaluating Vic/P42 Potential (Australia)
Bass Strait Oil Company Ltd (ASX: BAS) has entered into a Collaboration Agreement with HIREX Petroleum Sdn Bhd. HIREX has access to proprietary evaluation technology that it will use as a means of determining whether HIREX will participate in specific BAS exploration opportunities in the Gippsland B
ICA Fluor Nets $54 Million Pemex Job
ICA Fluor industrial engineering-construction joint venture with Empresas ICA, S.A.B. de C.V. has secured a new contract by Pemex for the construction of a gas compression system to service the Dos Bocas Marine Terminal located in Paraiso, Tabasco, on the Gulf of Mexico. Fluor will book its $54 mill
Wintershall Hires Energy Endeavour Rig for Dutch North Sea
Northern Offshore U.K. Ltd, has been awarded a contract with Wintershall Noordzee B.V. , for the jack-up offshore drilling rig Energy Endeavour. The contract will be performed in the Dutch Sector of the North Sea starting around October 1, 2013. The dayrate for the rig has been set at $160.000. The
Halliburton to Pay $200.000 for Destroying Macondo Evidence
Halliburton Energy Services Inc. (Halliburton) pleaded guilty yesterday to destroying evidence pertaining to the 2010 Deepwater Horizon disaster and was sentenced to the statutory maximum fine, the Justice Department announced. In addition, a criminal information was filed today charging a former Ha
APPEA: Macedon is a Major Boost for W. Australia’s Energy Security
Australia’s oil and gas industry body APPEA said today that the opening of the Macedon Domestic Gas Project in Western Australia provides a significant boost to the state’s domestic gas supply and shows that domestic and export gas projects can grow in tandem. Macedon, a $1.5 billion joint venture b
SSP Offshore Introduces New Deepwater Drilling Rig Design
SSP Offshore Inc. today introduced its new offshore drilling platform designated as the “SSP12000”. “The SSP12000 incorporates the exceptional motion characteristics of the existing SSP proprietary floating platform designs integrated with an industry leading drilling package targeted for the deepwa
Shah Deniz Consortium Signs Major Gas Sales Deal with European Buyers
The Shah Deniz consortium announced today that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine companies will purch
Hansa Acquires interest in Dana Petroleum’s Pharos Prospect
Dana Petroleum has reached an agreement with Hansa Hydrocarbons Limited (Hansa) for them to participate in the Pharos exploration well on Licence P.1566 in the UK Southern North Sea, due to be spudded before the end of September. The Pharos prospect is located approximately 50 km northeast of the Ea
First Gas Flows from Macedon Field in Australia
BHP Billiton’s US$1.5 billion Macedon domestic gas project in Onslow, Western Australia, was officially opened today by the Honourable Colin Barnett, Premier of Western Australia. First gas commenced on target in August 2013 at the BHP Billiton-operated facility which commercialises natural gas from
Students Visit Statfjord A Platform (Norway)
Students from Danielsen upper secondary school in Bergen were the winners of this year’s prestigious Natural Science Award. This week they got to visit the Statfjord A platform in the North Sea. The competition tasks are prepared in accordance with target student competency levels in physics and che
Petrobras Terminates Sedco 710 Contract
Drilling contractor Transocean has reached an agreement with oil company Petrobras to terminate the contract for its Sedco 710 rig. Transocean did not disclose reasons that led to the termination, but only said it was in discussions with the Brazil’s state-run company regarding the remaining contrac