Fossil Energy
BOURBON’s Director Resigns (France)
The BOURBON Board of Directors accepted Christian de Chateauvieux’s resignation, for personal reasons, from his position as Director effective November 7th 2012 at the board meeting on November 30th 2012. Christian de Chateauvieux has been a Director since 1990. He had a role in BOURBON’s growth and
Jack-Up Rig Tilts in Singapore Shipyard. 90 Workers Injured
Singapore’s Ministry of Manpower (MOM) announced that an accident occurred today at Jurong Shipyard Pte Ltd worksite. Preliminary findings indicate that the jack-up mechanism of one of the legs of a three-legged jackup rig had failed, causing the rig to tilt to one side, the Ministry has reported. S
Lamprell Appoints New CEO
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that James Moffat has been appointed as Chief Executive Officer effective March 1st, 2013. Prior to his appointment, Moffat was the execut
Ecosse Subsea Systems Enjoys Most Successful Period, MD Says
Subsea technology company, Ecosse Subsea Systems Ltd, (ESS) has seen revenue in the last financial year more than double to £4.85 million and forecasts turnover in the current year will pass the £6.5 million mark. The Aberdeen-based specialist engineering firm will post pre-tax profit of £600,000 to
Total Strikes Oil at Garantiana Prospect Offshore Norway
Total announces that its affiliate Total E&P Norge has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea, 185 kilometers northwest of Bergen and 30 kilometers northeast of the Visund Field, at water depths of 384 meters. Total E&P N
Galp Takes Over Operatorship of Tarfaya Block (Morocco)
Tangiers Petroleum Limited announces it has entered into a farm-out agreement with the Portuguese company, Galp Energia (Galp), for the assignment of a 50% interest in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin
EMGS Extends Atlantic Guardian Charter (Norway)
Norway’s Electromagnetic Geoservices ASA (EMGS) has extended the current charter for the vessel Atlantic Guardian for a firm six months, with two additional three-month options and a flexible start-up date. The Atlantic Guardian has completed the basalt mapping project in the Norwegian Sea and is cu
Talisman Awards Brownfield Topsides Projects Deal to AMEC
AMEC, the international engineering and project management company, has been appointed by Talisman Energy (UK) Limited to provide brownfield engineering, procurement, construction and commissioning services in support of their UK brownfield topsides projects. AMEC will provide these services under a
Transocean Sells 38 Rigs to Shelf Drilling
Transocean Ltd. announced today that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling. Shelf Drilling is a newly-formed company sponsored equally by Castle Harlan, CHAMP Private Equity and Lime Rock Partners., focused on providing of shal
Woodside to Buy 30 Pct Stake in Leviathan Field (Israel)
Australia’s oil and gas company Woodside has reached an agreement to buy a participating interest in Leviathan, one of the largest recent offshore gas discoveries worldwide. The move could see the Australian company play a key role in the potential development of a liquefied natural gas industry in
Damen Repairs Polarcus Adira (The Netherlands)
Damen Shiprepair Den Helder (The Netherlands) was awarded a contract for modification activities on the ‘Polarcus Adira’ operated by Dubai-based Polarcus, a company owning one of the biggest fleets of seismic vessels. The vessel arrived on berth Den Helder November 2nd for a port call of 4 days. Rep
BP Completes Sale of its U.S. Gulf Assets to PXP
BP has completed its sale of a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration & Production Company (‘PXP’). BP on September 10, 2012 agreed to sell the fields to PXP for $5.55 billion in cash subject to customary post-closing adjustments, with an effective date
GulfMark Offshore Raising Cash to Pay for Vessel Construction Costs
GulfMark Offshore, Inc. announced today that, subject to market conditions, it intends to offer $150 million in aggregate principal amount of its 6.375% Senior Notes due 2022 for sale in a private offering. The notes will have substantially the same terms as the $300 million aggregate principal amou
Shell, Repsol CEO Honored at Platts Energy Awards 2012 (USA)
Winners from seven countries and three continents took top honors in New York City last night at the Platts Global Energy Awards, which recognized three industry leaders and 16 companies for exemplary individual and corporate achievement. The awards program, now in its 14th year, is one of the energ