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Fossil Energy

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Business & Finance
Norway: Kvaerner’s Jacket for Total’s Hild
Fossil Energy

Norway: Kvaerner’s Jacket for Total’s Hild

Total has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion (USD 209 million) for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea. “We are very pleased to have won our second jacket this year

about 14 years ago
Australia: MEO Completes Zeppelin 3D Seismic Acquisition
Fossil Energy

Australia: MEO Completes Zeppelin 3D Seismic Acquisition

MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 06:27 (WST) on 11 th February 2012. A total of 508 km 2 of full fold data was recorded. Regulat

about 14 years ago
UK: Turner Leaves Fugro for Veripos
Fossil Energy

UK: Turner Leaves Fugro for Veripos

VERIPOS, a company specializing in precise navigation and positioning solutions, has appointed Richard Turner as Global Business Development Manager, responsible for all aspects of developing and acquiring new business for VERIPOS for all market sectors on a global basis. The role will incorporate a

about 14 years ago
Germany: RWE Dea COO to Retire at 2012 End
Fossil Energy

Germany: RWE Dea COO to Retire at 2012 End

The Supervisory Board of RWE Dea AG, a Hamburg based international company operating in the field of exploration and production of natural gas and crude oil, on Friday, February 10, appointed Dirk Warzecha as member of the Executive Board of the company, to take effect on 1 November 2012. As of 1 Ja

about 14 years ago
Brazil: Petrobras Net Income Down 5 pct. Earmarks USD 24 bln for E&P
Fossil Energy

Brazil: Petrobras Net Income Down 5 pct. Earmarks USD 24 bln for E&P

Petrobras today reported that its’ net income was R$33.313 billion (USD19.3 billion) in 2011, 5% down on the previous year. In Brazil, proved reserves reached 15.71 billion boe (barrels of oil equivalent) based on the ANP/SPE criterion. Oil and natural gas output averaged a daily record of 2,622,000

about 14 years ago
Stork’s First Subsea Gig Offshore West Africa
Fossil Energy

Stork’s First Subsea Gig Offshore West Africa

Stork Technical Services (Stork), has won a major £10million contract win for subsea inspection activity with a major operator, offshore West Africa. Stork announced the contract at the Subsea 2012 exhibition. The award, which is Stork’s first subsea project in the region, involves the complete unde

about 14 years ago
France: Total Allocates Billions for Upstream in 2012
Fossil Energy

France: Total Allocates Billions for Upstream in 2012

French oil major Total said today it intended to continue to actively manage its asset portfolio with, in particular, a program of non-strategic asset sales. The 2012 budget for organic investments is $24 billion , of which more than 80% will be dedicated to the Upstream. In the Upstream, Total expe

about 14 years ago
USA: Harvey Orders More LNG OSVs from Trinity
Fossil Energy

USA: Harvey Orders More LNG OSVs from Trinity

Harvey Gulf International Marine ordered two additional 302’ X 64’, Dual Fuel Offshore Supply Vessels, bringing its total order to four. The contract signed today with Trinity Offshore is a follow on to the first two vessel order placed in October of 2011. Trinity will build all four vessels at thei

about 14 years ago
S3 Wins New Enterprise Award at Subsea UK
Fossil Energy

S3 Wins New Enterprise Award at Subsea UK

Specialist Subsea Services (S3) celebrated success at last night’s Subsea UK awards after being named winners of the prestigious New Enterprise award. S3, the only company to reach the final in more than one category, was recognised for its vision in business development and its contribution to the

about 14 years ago
China: CIMC Nabs Another Semi-Sub Order
Fossil Energy

China: CIMC Nabs Another Semi-Sub Order

China’s CIMC Raffles has received its 2nd order in two months for the construction of a deepwater semi-submersible drilling rig. The order comes from North Sea Rigs AS (NSR) for the rig that will operate in the North Sea under the name North Dragon. The North Dragon semi will be able to operate at w

about 14 years ago
Norway: Det Norske Gets Go-Ahead for Steingeita Drilling
Fossil Energy

Norway: Det Norske Gets Go-Ahead for Steingeita Drilling

Det norske has been given the approval by the Norwegian authorities to drill the Steingeita prospect, in production license 460. Det norske was awarded the license in the 2007 Awards in Predefined Areas (APA) round. The well is located in the central part of the North Sea, some 175 kilometers west o

about 14 years ago
Norway: Forland Shipping Orders Subsea Vessel from Havyard
Fossil Energy

Norway: Forland Shipping Orders Subsea Vessel from Havyard

The Herøy-based company, Havyard Group AS has signed a contract with the Norwegian shipping company Forland Shipping for the construction of a subsea vessel. Arne Magnus Johnsen, CEO of Forland Shipping, the company that owns and operates three vessels within offshore and seismic operations, is very

about 14 years ago
Angola: Cameia Beats Pre-Drill Expectations
Fossil Energy

Angola: Cameia Beats Pre-Drill Expectations

Cobalt International Energy, Inc. today provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. The Cameia-1 Well was drilled in 5,518 feet (1,682 meters) of water to a total depth of 16,030 feet (4,886 meters), at which point an extensi

about 14 years ago
Brazil: Petrobras Agrees Contracts for 26 Drilling Rigs
Fossil Energy

Brazil: Petrobras Agrees Contracts for 26 Drilling Rigs

Petrobras, the state-controlled Brazilian oil giant, announces the result of the negotiation with Sete Brasil and Ocean Rig, which had submitted offers for the charter and operation of drilling rigs to be manufactured in Brazil. A source close to the matter told Reuters that Petrobras would pay an a

about 14 years ago
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