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Fossil Energy

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Italy’s Saipem Secures Multiple Offshore Drilling Contracts
Fossil Energy

Italy’s Saipem Secures Multiple Offshore Drilling Contracts

Saipem has been awarded new offshore and onshore drilling contracts worth approximately $500 million. In offshore drilling, Saipem has signed a two year extension of the contract with Eni for the charter of Perro Negro 8, which is engaged in activities offshore Italy in the Adriatic Sea. The contrac

about 14 years ago
Norway: Ministry of Petroleum Offers 72 Barents Sea Blocks
Fossil Energy

Norway: Ministry of Petroleum Offers 72 Barents Sea Blocks

Today, 26 June, the Ministry of Petroleum and Energy (MPE) has announced the 22 nd licensing round on the Norwegian continental shelf. Eighty-six blocks/parts of blocks are being announced in this round; 14 in the Norwegian Sea and 72 in the Barents Sea. “The interest in exploring in the Barents Sea

about 14 years ago
PSA Norway Inspects Emergency Preparedness Level on Troll B
Fossil Energy

PSA Norway Inspects Emergency Preparedness Level on Troll B

The Petroleum Safety Authority Norway (PSA) carried out an audit of emergency preparedness on Statoil’s Troll B platform on 26 March 2012. The objective of the activity was to gain an overview of processes and systems that contribute towards ensuring comprehensive leadership and management of emerge

about 14 years ago
Tropical Storm Debby Shuts 44 Pct of Daily Oil Production in U.S. Gulf of Mexico
Fossil Energy

Tropical Storm Debby Shuts 44 Pct of Daily Oil Production in U.S. Gulf of Mexico

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Storm Debby. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is activated and monitoring the operators’ activities. The team will continue to work with off

about 14 years ago
Rialto Hires Sapphire Driller Jack-Up for 2013 Drilling Campaign (Ivory Coast)
Fossil Energy

Rialto Hires Sapphire Driller Jack-Up for 2013 Drilling Campaign (Ivory Coast)

Rialto has signed an agreement with Vantage Drilling Company to use the Sapphire Driller Jack-up drilling rig for its proposed 2013 drilling programme on the CI-202 Block. The Sapphire Driller, which is currently on a long term contract in Cote d’Ivoire, is anticipated to be handed over to Rialto du

about 14 years ago
BP Sells UK North Sea Interests for USD 280 million
Fossil Energy

BP Sells UK North Sea Interests for USD 280 million

BP announced today that it has agreed to sell its interests in the Alba and Britannia fields in the UK North Sea to Mitsui & Co., Ltd. (‘Mitsui’) for $280 million in cash. The sale comprises BP’s non-operating 13.3% stake in Alba and 8.97% stake in Britannia. Completion of the deal is anticipated by

about 14 years ago
Simon Møkster Orders Platform Supply Vessel in Spain
Fossil Energy

Simon Møkster Orders Platform Supply Vessel in Spain

Simon Møkster last week signed a contract with Spanish shipyard Astilleros Gondan for the building of the advanced Platform Supply Vessel of UT776 WP design. This will be the second vessel Astilleros Gondan constructs for Møkster. Gondan has previously delivered the multi field support vessel “Stril

about 14 years ago
Rialto Awards Petrofac with Gazelle Field Development FEED (Ivory Coast)
Fossil Energy

Rialto Awards Petrofac with Gazelle Field Development FEED (Ivory Coast)

Rialto has awarded the Front End Engineering Design (FEED) for the Gazelle Field Development to Petrofac. The work will be carried out in Petrofac’s Woking, UK office and is expected to be completed n October 2012. The Gazelle Field lies in Block CI-202 offshore Cote d’Ivoire and is being developed

about 14 years ago
Colombia’s Ecopetrol Strengthens Its Position in U.S. GOM
Fossil Energy

Colombia’s Ecopetrol Strengthens Its Position in U.S. GOM

Colombia’s largest oil company, Ecopetrol S.A., placed the most competitive bids in 6 blocks in the “Central Planning Area Lease Sale 216/222” round through its U.S. affiliate (Ecopetrol America Inc.) held in New Orleans as was disclosed by the Bureau of Ocean Energy Management (BOEM), the governmen

about 14 years ago
Yellow Submarine: From The Beatles to Lockheed Martin (USA)
Fossil Energy

Yellow Submarine: From The Beatles to Lockheed Martin (USA)

While the Beatles sailed the sea of green in their Yellow Submarine, no one’s aboard Lockheed Martin’s Marlin Autonomous Underwater Vehicle (AUV). And that’s what Lockheed Martin hopes will make it appealing to the offshore oil and gas industry. The advanced patented Echoscope® 3-D imaging sonar, pr

about 14 years ago
Songa Equips Its Rigs with Nautronix’s Positioning Systems (UK)
Fossil Energy

Songa Equips Its Rigs with Nautronix’s Positioning Systems (UK)

Nautronix Secures contract for Digital Acoustic upgrades for Songa Drilling’s Venus and Mercur Semi-Submersible Drilling Rigs from the Far East.

about 14 years ago
KBR to Conduct Pre-FEED Studies for Höegh’s FLNG Projects in Israel and Australia
Fossil Energy

KBR to Conduct Pre-FEED Studies for Höegh’s FLNG Projects in Israel and Australia

KBR has been selected as Höegh’s preferred engineer to execute pre-FEED studies for two of its projects off the coast of Israel and offshore Australia. “We are excited about providing the initial engineering work for an innovative LNG FPSO solution to support Höegh LNG’s already-developed concept” K

about 14 years ago
Exmar to Design Deepwater Production Platform for LLOG (USA)
Fossil Energy

Exmar to Design Deepwater Production Platform for LLOG (USA)

EXMAR Offshore Company, Houston, Texas has entered into an agreement with LLOG Exploration Company L.L.C., Covington, Louisiana to design a new production semisubmersible hull for installation in the Gulf of Mexico in 2014. The design is based on EXMAR’s proprietary OPTI® series of hulls. This desig

about 14 years ago
Contango Apparent High Bidder for 6 Blocks in U.S. Gulf of Mexico
Fossil Energy

Contango Apparent High Bidder for 6 Blocks in U.S. Gulf of Mexico

Contango Oil & Gas Company announced today that the Company’s wholly-owned subsidiary, Contango Operators, Inc., was the apparent high bidder on six lease blocks at the Central Gulf of Mexico Lease Sale 216/222 held on June 20, 2012. The Company bid a total of approximately $11 million on the follow

about 14 years ago
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