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Fossil Energy

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Singapore: Keppel to Build Accommodation Rig for Floatel
Fossil Energy

Singapore: Keppel to Build Accommodation Rig for Floatel

This will be Floatel’s fourth accommodation semi with Keppel FELS after the delivery of Floatel Superior and Floatel Reliance in 2010 and the order of Floatel Victory in 2011.

about 14 years ago
UK: Gas Leak at Elgin Platform Remains Ongoing, Total Says
Fossil Energy

UK: Gas Leak at Elgin Platform Remains Ongoing, Total Says

On 25 March, Total reported that a gas leak following a well operation occurred on the same day at the wellhead platform on the Elgin gas field which is located in the UK North Sea approximately 240 km east of Aberdeen. Total immediately launched internal emergency procedures and Crisis Management T

about 14 years ago
The Maritime X-Factor: Key Success Factors of the Dutch Offshore and Maritime industry
Fossil Energy

The Maritime X-Factor: Key Success Factors of the Dutch Offshore and Maritime industry

The key to success for the industry is to make the right choices in a very competitive world market. The Dutch companies have made the choice to specialize in niche markets which require complex and sophisticated ships.

about 14 years ago
Tanzania Schedules Offshore Licensing Round for September
Fossil Energy

Tanzania Schedules Offshore Licensing Round for September

Tanzania plans to invite oil operators to bid for 16 new offshore blocks under its licensing round scheduled for September 2012, Reuters reports. According to Reuters, Dr. Meshack Kagya, Principal Petroleum Geochemist at Tanzania Petroleum Development Corporation, told at an energy conference in Nai

about 14 years ago
Norway: Yard Stay for Safe Scandinavia
Fossil Energy

Norway: Yard Stay for Safe Scandinavia

Bergen Group Hanøytangen is awarded contract for a yard stay for the accommodation rig Safe Scandinavia in April this year. The contract value for Bergen Group Hanøytangen is estimated to NOK 15-20 million. The contract also includes an option for a shorter yard stay during summer 2012. Safe Scandin

about 14 years ago
UK: Emerson Releases Roxar RMS 2012
Fossil Energy

UK: Emerson Releases Roxar RMS 2012

Emerson Process Management has released Roxar RMS 2012, the latest version of its reservoir modelling software. The launch sees the continued expansion of Roxar RMS into the geophysics domain through a completely integrated reservoir modelling workflow which includes seismic interpretation, reservoi

about 14 years ago
Shell Orders Subsea Connection Systems from Aker Solutions (Norway)
Fossil Energy

Shell Orders Subsea Connection Systems from Aker Solutions (Norway)

Aker Solutions has been awarded a contract by A/S Norske Shell, to deliver subsea connection systems for the Draugen field on the Norwegian continental shelf. Contract value is approximately NOK 105 million. Scope of work includes the delivery of complete tie-in connection systems for production flo

about 14 years ago
Norway Approves Asgard Subsea Compression
Fossil Energy

Norway Approves Asgard Subsea Compression

The development of the Åsgard subsea gas compression was approved in the Storting (Norwegian parliament) on 27 March 2012. This signals the start for implementation of one of Statoil’s most demanding technology projects aimed at improving recovery. Åsgard subsea gas compression will increase recover

about 14 years ago
UK: Skandi Foula PSV First to Use New Facilities at Torry Quay
Fossil Energy

UK: Skandi Foula PSV First to Use New Facilities at Torry Quay

The first phase of a multi-million pound redevelopment project of Aberdeen Harbour’s Torry Quay has been completed. A project milestone, it was marked by the platform supply vessel Skandi Foula, which docked at the quay before loading cargo destined for a North Sea installation. The vessel, chartere

about 14 years ago
UK: BP Sells SGA to Perenco for USD 400 mln
Fossil Energy

UK: BP Sells SGA to Perenco for USD 400 mln

BP announced today that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash. As it continues the active management of its business portfolios around the world, focusing on core activities and future growth, BP expects to

about 14 years ago
Canada: SNC-Lavalin Waves Goodbye to CEO
Fossil Energy

Canada: SNC-Lavalin Waves Goodbye to CEO

Canada’s engineering and construcion firm,SNC-Lavalin Group Inc, announced that Pierre Duhaime has stepped down from his position as chief executive officer and as a director and will retire from the Company. “Pierre has made major contributions to the growth and profitability of the Company during

about 14 years ago
UK: Afren 2011 Profit Almost Triples
Fossil Energy

UK: Afren 2011 Profit Almost Triples

A London-based oil and natural gas exploration and production company, Afren Plc, today reported a record turnover of US$597 million for the full year 2011 which represents an 87% increase when compared to the last year’s US$319 million. The company’s 2011 profit nearly tripled, rising 172% from US$

about 14 years ago
Safe Scandinavia to Serve as Flotel at Eldfisk (Norway)
Fossil Energy

Safe Scandinavia to Serve as Flotel at Eldfisk (Norway)

One of the largest foreign operators on the Norwegian continental shelf, ConocoPhillips, has been granted consent to use the accomodation rig Safe Scandinavia as a flotel at Eldfisk 2/7 E. The consent, given by the Petroleum Safety Authority Norway, applies for the period from 1 May to 1 September 2

about 14 years ago
Ivory Coast: Rialto’s Gazelle Well Reaches 1000m MDRT
Fossil Energy

Ivory Coast: Rialto’s Gazelle Well Reaches 1000m MDRT

Rialto Energy Limited (ASX: RIA), provides the following weekly update on drilling operations at the Gazelle-P3 well as at 08:00hrs, 26 March 2012 (GMT). The Gazelle-P3 well was spudded on 12 March 2012 using the Transocean GSF Monitor jack-up drilling rig. The well is planned to be drilled to a tot

about 14 years ago
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