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Fossil Energy

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NewsBusiness & Finance
Israel: Pinnacles Delivers First Gas
Fossil Energy

Israel: Pinnacles Delivers First Gas

Israel’s Delek Group has been informed by the operator, Noble Energy Mediterranean Ltd., that on June 12, 2012, development of Pinnacles #1 was completed and gas began to flow from it. Pinnacles offshore well was recently linked by a subsea pipeline to the nearby Mari B production platform. Helix ES

about 14 years ago
Cobalt Drills Ahead at Cameia Appraisal Well, Offshore Angola
Fossil Energy

Cobalt Drills Ahead at Cameia Appraisal Well, Offshore Angola

Cobalt International Energy has announced that drilling at its Cameia #2 appraisal well in Block 21, offshore Angola continues. Cobalt expects to announce the results of this appraisal well as soon as drilling operations are completed and logging/test results have been evaluated, sometime in the nex

about 14 years ago
Faroe Islands: Statoil to Spud Brugdan II Well Soon
Fossil Energy

Faroe Islands: Statoil to Spud Brugdan II Well Soon

Norway’s oil giant Statoil has completed drilling operations at Glitne oil field located in the Norwegian North Sea. The latest well at Glitne, drilled by the COSL Pioneer semi submersible rig, proved to be a dry-hole. According to the owner of the rig, COSL Pioneer, on June 6, departed the Glitne l

about 14 years ago
UK: Antrim Gets Extension for Fyne FDP Deadline
Fossil Energy

UK: Antrim Gets Extension for Fyne FDP Deadline

Antrim Energy Inc. Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced it has been granted an extension for the submission of a Field Development Plan (“FDP”) for the Fyne Field in UK Central North Sea licence P077 Block 21/28a (t

about 14 years ago
Petronas Halts Production at Tukau Offshore Platform (Malaysia)
Fossil Energy

Petronas Halts Production at Tukau Offshore Platform (Malaysia)

Malaysia’s oil giant Petronas has halted production on its Tukau platform after the fire outbreak was reported on Monday morning, Reuters reports. The fire broke out at the Petronas operated Tukau B drilling platform, located approximately 30 kilometers offshore Miri, Sarawak. Five maintenance worke

about 14 years ago
USA: No Commercial Oil at Cobalt’s Ligurian Well
Fossil Energy

USA: No Commercial Oil at Cobalt’s Ligurian Well

Cobalt International Energy, Inc. today announced that its Ligurian #2 exploratory well on Green Canyon Block 814 in the U.S. Gulf of Mexico had reached objective total depth after having drilled through all of the targeted Miocene formations. The well failed to encounter commercial hydrocarbons and

about 14 years ago
UK: Cairn to Acquire Nautical for USD 644 Million
Fossil Energy

UK: Cairn to Acquire Nautical for USD 644 Million

Cairn and Nautical have reached agreement on the terms of a recommended cash offer to be made by Capricorn (a subsidiary of Cairn) for the entire issued and to be issued share capital of Nautical. Under the terms of the Offer, Nautical Shareholders will be entitled to receive 450 pence in cash for e

about 14 years ago
Norway: PSA Inspects Emergency Preparedness for Knarr FPSO
Fossil Energy

Norway: PSA Inspects Emergency Preparedness for Knarr FPSO

The Petroleum Safety Authority Norway (PSA) conducted an audit of Teekay Petroljarl’s (TKPJ) planning and establishment of emergency preparedness for Knarr FPSO on 29 May 2012. As part of the development of the Knarr field outside western Norway, BG Norge has awarded TKPJ a contract for construction

about 14 years ago
BP Starts Galapagos Development in U.S. GoM
Fossil Energy

BP Starts Galapagos Development in U.S. GoM

Yesterday BP announced that on June 3, 2012 it began the initial start-up of the Galapagos development in the deepwater U.S. Gulf of Mexico, one of a series of new major upstream projects that the company expects to bring into production this year. “The start-up of this project in the Gulf of Mexico

about 14 years ago
Statoil, Sinochem Buy FPSO from Maersk (Brazil)
Fossil Energy

Statoil, Sinochem Buy FPSO from Maersk (Brazil)

Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011. The leading global FPSO contractor BW Offshore will take

about 14 years ago
BW Offshore, Statoil Ink FPSO Peregrino Contract (Brazil)
Fossil Energy

BW Offshore, Statoil Ink FPSO Peregrino Contract (Brazil)

BW Offshore has signed a 5 year contract with Statoil for the operation of the FPSO Peregrino, with options for additional 15 years. The unit is operating on the Peregrino oil field offshore Brazil. BW Offshore will take over operation after a transition period of 6 months. BW Offshore is the world’

about 14 years ago
Fastnet Awarded Licensing Options over Celtic Sea Blocks (Ireland)
Fossil Energy

Fastnet Awarded Licensing Options over Celtic Sea Blocks (Ireland)

Fastnet, the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, was notified on 11 June 2012 by the Petroleum Affairs Division of the Irish Department of Communications, Energy and Natural Resources (“PAD”) that it has been awarded licensing options (“Li

about 14 years ago
CGGVeritas Inaugurates New Processing & Imaging Center in Melbourne
Fossil Energy

CGGVeritas Inaugurates New Processing & Imaging Center in Melbourne

CGGVeritas announced today that it has opened a new processing & imaging center in Melbourne, Australia. The Melbourne center extends the services and accessibility of CGGVeritas in Australia where it has had an ongoing presence since 1981 and opened its main Perth office in 2000. Although Perth has

about 14 years ago
Indonesia: AWE Abandons Atlas-1 Well
Fossil Energy

Indonesia: AWE Abandons Atlas-1 Well

AWE Limited reports that at 0600 hours today (local time) the Atlas-1 exploration well, located offshore Indonesia, was at a measured depth of 613 metres. Gas samples collected from the well contain a high percentage of carbon dioxide, and the joint venture has decided to plug and abandon the well a

about 14 years ago
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