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Fossil Energy

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Anadarko Sells 10 pct Interest in Gas Project Offshore Liberia to Mitsubishi
Fossil Energy

Anadarko Sells 10 pct Interest in Gas Project Offshore Liberia to Mitsubishi

Mitsubishi Corp has bought a 10 percent interest in a petroleum gas exploration project in Liberia from Anadarko Petroleum Corp as the Japan… Reporting by Vaishnavi Bala (Reuters) [mappress] Source: Reuters, October 21, 2011;

about 15 years ago
East Timor Optimistic about Greater Sunrise Gas Field Agreement
Fossil Energy

East Timor Optimistic about Greater Sunrise Gas Field Agreement

East Timor President Jose Ramos-Horta said on Friday his compatriots who met the new Woodside CEO Peter Coleman were “positively impressed b… [mappress] Source: Reuters, October 21, 2011

about 15 years ago
USA: Diamond Offshore 3Q Net Income Up
Fossil Energy

USA: Diamond Offshore 3Q Net Income Up

Diamond Offshore Drilling, Inc. yesterday reported net income for the third quarter of 2011 of $256.9 million, or $1.85 per share on a diluted basis, compared with net income of $198.5 million, or $1.43 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of

about 15 years ago
USA: Dril-Quip’s Chairman and CEO Retires
Fossil Energy

USA: Dril-Quip’s Chairman and CEO Retires

Dril-Quip, Inc. yesterday announced that J. Mike Walker has retired and is stepping down from his positions as Chairman of the Board​ and Chief Executive Officer​ and as a member of the Board effective immediately. As a result of Mr. Walker’s retirement, the board of directors has appointed John V.

about 15 years ago
Norway: Noreco Sells Zidane Gas Discovery to OMV
Fossil Energy

Norway: Noreco Sells Zidane Gas Discovery to OMV

Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL435 on Haltenbanken to OMV (Norge) AS. License PL435 contains the gas discovery Zidane-1 which was made in 2010. This discovery is estimated to contain between 5 and 18 billion standard cubic me

about 15 years ago
USA: Atwood Oceanics Welcomes New Member to its BoD
Fossil Energy

USA: Atwood Oceanics Welcomes New Member to its BoD

ATWOOD OCEANICS, INC. announced yesterday the appointment of Phil D. Wedemeyer to its Board of Directors and to the Chair of its Audit Committee. Mr. Wedemeyer recently retired from Grant Thornton LLP, an international accounting firm, where he had served as a partner since August 2007. Previously,

about 15 years ago
China: COSL Takes Delivery of New Semi-Submersible Drilling Rig
Fossil Energy

China: COSL Takes Delivery of New Semi-Submersible Drilling Rig

On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE

about 15 years ago
Norway: Aldous/Avaldsnes One of Largest Discoveries Ever, Statoil Says
Fossil Energy

Norway: Aldous/Avaldsnes One of Largest Discoveries Ever, Statoil Says

Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL

about 15 years ago
The Netherlands: Offshore Energy 2011 Very Successful for CCA
Fossil Energy

The Netherlands: Offshore Energy 2011 Very Successful for CCA

CCA Offshore Container’s presence at the Offshore Energy Convention turned out to be a big success. Ter Haak daughter CCA’s stand was well patronized, with visitors being mostly responsible for their companies investments. The offshore industry is on the rise and in combination with the high quality

about 15 years ago
Australia: Santos Offshore to Start Seismic Survey in WA-323-P
Fossil Energy

Australia: Santos Offshore to Start Seismic Survey in WA-323-P

Octanex N.L. announced today that the Operator of the Joint Venture exploring the WA-323-P and WA-330-P permits (“Permits”), Santos Offshore Pty Ltd (“Santos Offshore”), has confirmed the finalisation of agreements to acquire a new 3D seismic survey within the Permits and to take an assignment of a

about 15 years ago
Noreq to Supply Lifesaving Packages for Multiple Newbuild Rigs in Singapore
Fossil Energy

Noreq to Supply Lifesaving Packages for Multiple Newbuild Rigs in Singapore

During recent weeks, noreq has been awarded several major contracts with Asian yards. Both Korea and Singapore is growing to be very important markets for Noreq. Some weeks back it was made official that Noreq was awarded the contract for Lifeboat packages for Maersk drillships being built with Sams

about 15 years ago
Vietnam Approves Lukoil’s Acquisition of Stake in HT-02 Offshore Block
Fossil Energy

Vietnam Approves Lukoil’s Acquisition of Stake in HT-02 Offshore Block

LUKOIL , Russia’s second-biggest oil producer, said on Thursday the government of Vietnam had approved its acquisition of a 50 percent inter… Writing by by Maria Kiselyova (Reuters) [mappress] Source: Reuters, October 20, 2011

about 15 years ago
Singapore: Keppel 3Q Net Profit Rises 33 pct
Fossil Energy

Singapore: Keppel 3Q Net Profit Rises 33 pct

Singapore’s Keppel Corp Ltd , the world’s largest rig builder, reported on Thursday a 33 percent rise in its third quarter net profit, thank… Reporting by Harry Suhartono (Reuters) [mappress] Source:Reuters , October 20, 2011;

about 15 years ago
USA: Outstanding 3Q for Noble Energy, CEO Says
Fossil Energy

USA: Outstanding 3Q for Noble Energy, CEO Says

Noble Energy, Inc. reported today third quarter 2011 net income of $441 million, or $2.39 per share diluted, on revenues of $924 million. The Company’s third quarter 2010 net income was $232 million, or $1.31 per share diluted, on revenues of $755 million. Net income for the third quarter 2011 inclu

about 15 years ago
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