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Fossil Energy

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Odfjell Drilling Opens Brazil Office
Fossil Energy

Odfjell Drilling Opens Brazil Office

Norwegian Minister of Trade and Industry Trond Giske opened Odfjell Drilling’s new office in Rio de Janeiro today. “We see Brazil as a particularly important market and wish to become a player in the Brazilian deepwater market in the years ahead,” says Odfjell CEO Simen Lieungh. “Brazil’s vast oil a

about 15 years ago
USA: Schlumberger Hosts 2011 Investor Conference on February 22 and 23
Fossil Energy

USA: Schlumberger Hosts 2011 Investor Conference on February 22 and 23

Schlumberger Limited announced today that it is hosting its 2011 Investor Conference in Cambridge, Massachusetts, on February 22 and 23, 2011. Executive management presentations will be available through the company’s Web site at www.slb.com/irwebcast. A transcript of the event’s Q&A session will be

about 15 years ago
Brazil: Petrobras’ Cherne Platform Resumes Production
Fossil Energy

Brazil: Petrobras’ Cherne Platform Resumes Production

Petrobras announces that all arrangements have already been made for platform Cherne 2 (PCH2) to resume its operations. Production resumption was authorized today (02/17). Permission was granted after the issuing of a report based on the inspection that was carried out last February 14 by Rio de Jan

about 15 years ago
UK: Crowcon Xgard IR Gas Detector Now Approved to Amendment of MED
Fossil Energy

UK: Crowcon Xgard IR Gas Detector Now Approved to Amendment of MED

Crowcon’s Xgard IR infrared (IR) gas detector is now approved to the latest amendment of the Marine Equipment Directive (MED, 96/98/EC). This means the low cost detector can be used to detect flammable gases and vapour hazards on tankers, drilling ships, FPSOs, dive vessels, coastguard vessels, ferr

about 15 years ago
Singapore: Otto Marine Reports 36% Revenue Growth in 2010
Fossil Energy

Singapore: Otto Marine Reports 36% Revenue Growth in 2010

Otto Marine Limited, (“Otto Marine” or the “Group”), a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, today reported its financial results for the twelve/ three months ended 31 December 2010 (“

about 15 years ago
“Deepwater Horizon: An American Tragedy” (by PSA Norway)
Fossil Energy

“Deepwater Horizon: An American Tragedy” (by PSA Norway)

The global oil and gas industry has been responsible for several disasters over the past decade, but few have heard of them. When Deepwater Horizon exploded in the Gulf of Mexico, safety in this business became a worldwide issue. Some of the incidents which rocked the industry in recent years are kn

about 15 years ago
Workers at Terra Nova Offshore Field Reject Contact Offer (Canada)
Fossil Energy

Workers at Terra Nova Offshore Field Reject Contact Offer (Canada)

Offshore workers at the Terra Nova oil platform east of Newfoundland have voted to reject a contract offer. Source: CBCNews [mappress] Source:CBCNews, February 18, 2011;

about 15 years ago
McDermott Welcomes New Member to its Board of Directors (USA)
Fossil Energy

McDermott Welcomes New Member to its Board of Directors (USA)

McDermott International, Inc. announced today that Mary Shafer-Malicki has been appointed to McDermott’s Board of Directors, effective February 17, 2011. Ms. Shafer-Malicki will also serve the Company on its Finance and Compensation committees. Ms. Shafer-Malicki retired from BP p.l.c. in 2009 follo

about 15 years ago
MIO Wins Multiple Vessel Charter Contracts in Australia
Fossil Energy

MIO Wins Multiple Vessel Charter Contracts in Australia

Miclyn Express Offshore Limited’s (“MIO”) Australian Joint Venture, Samson Express Offshore (“Samson”), has secured a contract for three vessels with John Holland Pty Ltd in relation to port expansion at Cape Lambert in the Pilbara region of Western Australia. The contract will utilise one Tug, one

about 15 years ago
Statoil Drills Duster at Snohvit Field, Barents Sea (Norway)
Fossil Energy

Statoil Drills Duster at Snohvit Field, Barents Sea (Norway)

Statoil Petroleum AS, operator of production licence 488, has completed the drilling of wildcat well 7119/12-4. The well was drilled about 145 kilometres northwest of Hammerfest and about 40 kilometres south of the 7120/8-1 Askeladd gas deposit, which is part of the Snøhvit development. The objectiv

about 15 years ago
USA: Initial Well Containment Response System Completed and Ready for Use
Fossil Energy

USA: Initial Well Containment Response System Completed and Ready for Use

The Marine Well Containment Company today announced the completion and availability of an initial well containment response system that will provide rapid containment response capabilities in the event of a potential future underwater well control incident in the deepwater Gulf of Mexico. The initia

about 15 years ago
Court Orders U.S. Administration to Start Working on GoM Drilling Permits. OMSA Applauds.
Fossil Energy

Court Orders U.S. Administration to Start Working on GoM Drilling Permits. OMSA Applauds.

The Offshore Marine Service Association today praised a federal judge’s ruling ordering the U.S. Interior Department to take action on permit applications for drilling in the Gulf of Mexico. The ruling came just two weeks after the same judge held the Interior Department in contempt of court for hol

about 15 years ago
ConocoPhillips Gets Drilling Permit for Exploration Near Ekofisk, Offshore Norway
Fossil Energy

ConocoPhillips Gets Drilling Permit for Exploration Near Ekofisk, Offshore Norway

ConocoPhillips Skandinavia AS has received consent to conduct exploration drilling of well 7/11-12 in the North Sea with the mobile facility Mærsk Gallant. The well will be drilled in production licence 301 CS, approx. 65 kilometres north-northwest of Ekofisk. The well has the coordinates N 57° 01’

about 15 years ago
Cyprus: Prosafe Posts 2010 Results, Sees Growing Interest in Semi-submersible Accommodation Rigs
Fossil Energy

Cyprus: Prosafe Posts 2010 Results, Sees Growing Interest in Semi-submersible Accommodation Rigs

Prosafe’s operating profit for the fourth quarter came to USD 18.4 million and net profit amounted to USD 30 million. Operating profit for the year 2010 was USD 221.1 million, and net profit for 2010 equalled USD 198.5 million. Financials (Figures in brackets refer to the corresponding period of 200

about 15 years ago
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