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Fossil Energy

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Norway Brakes its January Gas Sales Record
Fossil Energy

Norway Brakes its January Gas Sales Record

The Norwegian Petroleum Directorate has announced that in January 2012, 11.2 billion standard cubic metres of gas was sold from the Norwegian shelf. The figure is the highest of all time. “One important factor for the record-high sales is that it is winter and there is a great demand for gas in the

about 14 years ago
Cyprus: SeaBird Exploration Names New CFO
Fossil Energy

Cyprus: SeaBird Exploration Names New CFO

The Cyprus-based seismic specialist, SeaBird Exploration PLC, has appointed Nils Haugestad as Chief Financial Officer of the company effective April 1 2012. Mr. Haugestad has over 20 years experience in investment banking, principal investments and corporate strategy. He is joining the company from

about 14 years ago
BP Increases Stake in Block 2714A, Offshore Namibia
Fossil Energy

BP Increases Stake in Block 2714A, Offshore Namibia

BP has acquired a further 20% equity interest in Block 2714A, offshore Namibia, from its partner in the license Petrobras, reports Chariot Oil & Gas. Chariot, also a partner in the licence, explains that, following the agreement between BP and Petrobras, the ownership of Block 2714A now stands at Pe

about 14 years ago
UK: EnQuest Completes Kraken Acqusition
Fossil Energy

UK: EnQuest Completes Kraken Acqusition

EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of 25% of the in the UK North Sea blocks 9/2b and 9/2c, including the Kraken discovery, from Nautical Petroleum plc. This agreement and the associated details of the transaction were announced on 24 January 2012 when Enque

about 14 years ago
China: COOEC Takes Delivery of HYSY 278 Heavy-Lift Vessel
Fossil Energy

China: COOEC Takes Delivery of HYSY 278 Heavy-Lift Vessel

China’s shipbuilder, China Merchants Yard, has delivered a new semi-submersible heavy lift vessel to COOEC. The new, 222 meters long vessel, will be operated by a Dutch heavy-lift specialist, Dockwise, as per the agreement signed between the parties in December 2011. HYSY 278, as the vessel is known

about 14 years ago
USA: Technip Orders Mooring Connectors for Lucius Spar
Fossil Energy

USA: Technip Orders Mooring Connectors for Lucius Spar

UK-based deepwater mooring specialist, First Subsea Ltd has been awarded a contract by Technip USA Inc to supply the mooring line connectors for a new spar platform moored in 7,000ft (2,134 m) of water in the Lucius field, Keathley Canyon block 875 in the Gulf of Mexico. The Lucius spar will be moor

about 14 years ago
Brazil: New Seep at Frade Field. Chevron to Shut Production
Fossil Energy

Brazil: New Seep at Frade Field. Chevron to Shut Production

Chevron Corporation has requested authorization for a temporary suspension of field production operations at the Frade Field in the Campos Basin in Brazil. The decision to request the temporary shut-in of production is a precautionary measure based on very recent information. Chevron has identified

about 14 years ago
Russia: Gazprom, Shell Execs Discuss Sakhalin II
Fossil Energy

Russia: Gazprom, Shell Execs Discuss Sakhalin II

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties discussed the joint efforts within the Protocol on Strategic Global Cooperation. Special attention

about 14 years ago
Anadarko Encounters High Quality Oil Offshore Ghana
Fossil Energy

Anadarko Encounters High Quality Oil Offshore Ghana

Anadarko Petroleum Corporation today announced the Enyenra-4A appraisal well, located in the Deepwater Tano Block offshore the Republic of Ghana, encountered approximately 105 feet (32 meters) of net oil pay in high-quality sandstone reservoirs, expanding the areal extent of the TEN (Tweneboa, Enyen

about 14 years ago
Australia: INPEX Buys Prelude FLNG Stake from Shell
Fossil Energy

Australia: INPEX Buys Prelude FLNG Stake from Shell

INPEX CORPORATION (INPEX) has agreed to acquire a 17.5% participating interest in the Prelude FLNG (Floating LNG: liquefied natural gas) Project from Shell Development (Australia) Proprietary Limited (SDA), a subsidiary of Royal Dutch Shell plc (Shell). This transaction is subject to the satisfactio

about 14 years ago
German Siemens Powers Cat D Drilling Rigs
Fossil Energy

German Siemens Powers Cat D Drilling Rigs

Siemens has received an order for the supply of two complete power packages for Statoil’s two new semi-submersible drilling units – Cat D. Purchaser is Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), one of the world’s largest shipbuilders headquartered in Seoul, South Korea. The end custo

about 14 years ago
Norway: Toxic Gas Leak Shuts Statoil’s Statfjord C Platform
Fossil Energy

Norway: Toxic Gas Leak Shuts Statoil’s Statfjord C Platform

A hydrogen sulphide alarm was reported to Statoil’s emergency centre at 10.39 today from the Statfjord C platform in the Tampen area of the North Sea. The position is now under control. The 236 people on the platform are all accounted for, and everyone except key personnel required to handle the inc

about 14 years ago
Gazprom Discusses Shtokman and South Stream in France
Fossil Energy

Gazprom Discusses Shtokman and South Stream in France

The Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee made a business trip to the French Republic yesterday. During the trip, Alexey Miller met with Henri Proglio, Chairman and CEO of EDF. The meeting was focused on the progress with the South Stream project.

about 14 years ago
Successful Testing of Kongsberg’s ICS on Olympic Commander
Fossil Energy

Successful Testing of Kongsberg’s ICS on Olympic Commander

Sea trials testing the sophisticated Integrated Control System (ICS) developed by Kongsberg Maritime for Olympic Commander, a new Multi Purpose Supply Vessel (MPVS) built at Kleven Yard in Norway have been successfully completed. The ICS aboard Olympic Commander features an innovative new one touch

about 14 years ago
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