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Fossil Energy

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UK: Flare at Elgin Platform Could Ignite Gas Cloud, Experts Say
Fossil Energy

UK: Flare at Elgin Platform Could Ignite Gas Cloud, Experts Say

The gas leak that occurred at the wellhead platform on the Total-operated Elgin field in the UK North Sea, remains ongoing, the operator reports. The gas has been flowing since Sunday, March 25th, when Total evacuated all the personnel from the Elgin platform. The precise cause of the gas leak, that

about 14 years ago
Italy’s Saipem Hired by Petrobras and Saudi Aramco
Fossil Energy

Italy’s Saipem Hired by Petrobras and Saudi Aramco

Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million

about 14 years ago
Galp, Sinopec Close Petrogal Brasil Transaction
Fossil Energy

Galp, Sinopec Close Petrogal Brasil Transaction

Galp Energia and Sinopec successfully closed today the agreement announced in November 2011, related to the capital increase in Petrogal Brasil and other related entities, responsible for Galp Energia’s upstream activities in Brazil. As per the agreement, and after receiving the approval of the comp

about 14 years ago
CNOOC Ltd. 2011 Net Profit Reaches Record USD 11.1 bln
Fossil Energy

CNOOC Ltd. 2011 Net Profit Reaches Record USD 11.1 bln

China’s CNOOC Limited yesterday announced its annual results for the 12 months ended December 31, 2011. In 2011, the Company’s average realized oil price amounted to US$109.75 per barrel and its average realized natural gas price reached US$5.15 per thousand cubic feet, representing an increase of 4

about 14 years ago
Fairstar: FJELL Bags Nigeria Gig. FJORD Prepares for Gorgon, Australia
Fossil Energy

Fairstar: FJELL Bags Nigeria Gig. FJORD Prepares for Gorgon, Australia

Fairstar Heavy Transport N.V. (FAIR) has signed a contract with Aveon Offshore Limited to provide marine transportation services for the Chevron OAGM project in Nigeria. The FJELL will transport two power barges from the Bonny River in Nigeria to the Escravos Area. The contract value is USD 1.2 mill

about 14 years ago
Russia: First Gas from Kirinskoye Field in 2H 2012
Fossil Energy

Russia: First Gas from Kirinskoye Field in 2H 2012

In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia. By the moment, a gathering manifold to intake gas mixture f

about 14 years ago
USA: BSEE Approves Shell’s Beaufort Sea Oil Spill Response Plan
Fossil Energy

USA: BSEE Approves Shell’s Beaufort Sea Oil Spill Response Plan

The Bureau of Safety and Environmental Enforcement (BSEE) today issued an approval of Shell Gulf of Mexico, Inc.’s Oil Spill Response Plan (OSRP) for the Beaufort Sea. This decision follows the bureau’s thorough review of the plan and consultations with federal and state partner agencies involved in

about 14 years ago
Rolls-Royce Design and Equipment for Chinese-built OSVs
Fossil Energy

Rolls-Royce Design and Equipment for Chinese-built OSVs

Rolls-Royce, the global power systems company, has won a £24 million order to design and equip four offshore service vessels which will be built by COSCO (Guangdong) Shipyard Co., Ltd in China. The Rolls-Royce UT 771 CDL vessels will feature a fully integrated equipment system including highly effic

about 14 years ago
Brazil: Petrobras’ February Production Figures
Fossil Energy

Brazil: Petrobras’ February Production Figures

Petrobras’ February average oil and natural gas output in Brazil and abroad was 2,700,814 barrels of oil equivalent per day (boed). Considering only the fields in Brazil, production added up to 2,455,636 barrels of oil equivalent per day (boe). This was 1.1% less than the total volume lifted last Ja

about 14 years ago
USA: Hercules Completes Acquisition of Ocean Columbia Jack-up Rig
Fossil Energy

USA: Hercules Completes Acquisition of Ocean Columbia Jack-up Rig

Hercules Offshore, Inc. announced today that it has closed the previously announced acquisition of the offshore drilling rig Ocean Columbia from Diamond Offshore Drilling, Inc. for $40 million in cash. Ocean Columbia, which will get a new name, Hercules 266, is a LeTourneau Class 82 SD-C jack-up dri

about 14 years ago
UK: Technip to Supply Umbilicals for Cheviot Field
Fossil Energy

UK: Technip to Supply Umbilicals for Cheviot Field

France-based, international oilfield services provider,Technip, announces that its wholly-owned subsidiary Duco Inc. has been awarded a contract by Bluewater Industries Inc. for the Cheviot field development. The Cheviot field, operated by ATP Oil & Gas (UK) Limited is situated in Block 2/10B, appro

about 14 years ago
China: Sinopacific Delivers Its First Self-Designed AHTS to Bourbon
Fossil Energy

China: Sinopacific Delivers Its First Self-Designed AHTS to Bourbon

On March 28, 2012, China’s leading private shipbuilding company SINOPACIFIC Shipbuilding Group’s Zhejiang Shipbuilding Co., Ltd. held a grand naming ceremony for its first self-designed and the world’s most advanced small AHTS offshore support vessel(OSV) – SPA 80 Diesel Electric DPII 80mt AHTS. It

about 14 years ago
FoundOcean Expands Offshore Service Base in Scotland
Fossil Energy

FoundOcean Expands Offshore Service Base in Scotland

Global leader in subsea and offshore grouting, FoundOcean announces today that its expanded Offshore Service Base in Livingston, Scotland will see it doubling the number of employees the company has based there, including offshore personnel. A specialist provider of support services for the energy c

about 14 years ago
Dolphin Geophysical to Acquire Seismic Data Offshore Mauritania
Fossil Energy

Dolphin Geophysical to Acquire Seismic Data Offshore Mauritania

Dolphin Geophysical have signed a further Agreement with the Government of Mauritania to acquire additional 2D Multi-Client survey over certain offshore areas including designated Deep-Water blocks. These additional data of about 9,000km will increase the total for the NWAAM project to around 26,000

about 14 years ago
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