Fossil Energy
France: Alexandra Bech Gjørv Joins Technip
On Tuesday Mrs. Alexandra Bech Gjørv was appointed member of the Board of Directors of Technip, replacing Daniel Lebègue. M. Pascal Colombani was appointed Chairman of the Audit Committee of the Board of Directors. Mrs. Bech Gjørv is also a member of the Audit Committee of the Board of Directors. In
UK Govt Approval of Talisman Project Extends Life of North Sea Oil Fields
The government has approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from
Norway: Songa Offshore Announces Management Changes
Songa Offshore SE (“Songa” or the “company”) has accepted the resignation of the company’s CEO, Asbjørn Vavik. Effective immediately, Jens A Wilhelmsen, Chairman of the Board of Directors, will assume the additional role as interim CEO. Mr Vavik will remain at the company’s disposal to conclude on-g
Iran: POGC Managing Director Stresses Importance of South Pars Project
The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of
Thailand: PTTEP Marks 123 pct Increase of Net Profit in 3rd Quarter
Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed the PTTEP 3rd Quarter Operating Results and the company performance as the detail below: 3rd Quarter Operating Results: Net profit of USD 558 million, increases 123 % The company a
Offshore Energy Exhibition & Conference Exceeds Expectations
Offshore industry professionals from around the world gathered in Amsterdam on 23 – 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7632 attendees, up 49% from last year. Offshore Energy 2012 continued on its path of stea
Chevron Encounters Gas in Satyr-4 Offshore Australia
Chevron Corporation announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-4 exploration discovery well confirmed approximately 220 feet (67 meters) of net gas pay. The well is located in the
FOGL Spuds Scotia Exploration Well (Falkland Islands)
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km
Denmark: Maersk Inaugurates Highly Advanced Drilling Simulator Complex
Maersk Drilling and Maersk Training have once again put themselves in the forefront of competence development by investing USD 10 million in a new drilling simulator complex. The complex will be inaugurated today at Maersk Training in Svendborg, Denmark.. The most advanced drilling simulator complex
EMGS Expands Multi-Client Basalt Mapping Project to Vøring Basin, Norway
Electromagnetic Geoservices ASA (EMGS) has in response to industry demand expanded the previously announced multi-client basalt mapping project in the West of Shetland area to the Vøring Basin in the Norwegian Sea. The vessel Atlantic Guardian will therefore continue to acquire controlled-source ele
Salamander Provides Thailand Operations Update
Salamander provides an update on its operations in its operated block B8/38 in the Gulf of Thailand. Bravo Platform As previously reported, the Bualuang Bravo Platform (“Bravo”) construction has been completed to schedule and budget. The Bravo jacket has now commenced sail-away from the Thai Nippon
UK: Acteon Nominated for Oil Council Award
Leading specialist subsea services group Acteon has been nominated for an Oil Council award in the Oilfield Services Business of the Year category. The awards celebrate international successes in the oil and gas industry throughout 2012 and are judged by a panel of 50 industry experts. The award foc
EMAS AMC Bags $65 Mln Contracts in Gulf of Mexico and West Africa
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced that its subsea construction division, EMAS AMC, has secured contracts worth more than US$65 million, including options, for projects in the Gulf of
Australia: Bonaparte FLNG Project Receives Environmental Approval
Environment Minister Tony Burke has approved a proposal by GDF SUEZ Bonaparte Pty Ltd and their venture partner Santos Offshore Pty Ltd, to develop the Bonaparte Floating Liquefied Natural Gas Project subject to 15 strict conditions. The Bonaparte floating facility will be located approximately 250k