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Fossil Energy

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Draka Wins New Marine Cable Order for Royal Boskalis Vessel
Fossil Energy

Draka Wins New Marine Cable Order for Royal Boskalis Vessel

Draka Offshore announced that Keppel Singmarine has selected Draka as a cable supplier for its production of Hull 362 for Royal Boskalis Westminster. “It is always gratifying to receive orders from a renowned shipbuilding yard like Keppel Singmarine,” stated Patrick Ang, vice president of the marine

about 15 years ago
Norway: AMC Connector Multi-purpose Vessel Targeting the Deepwater Segment
Fossil Energy

Norway: AMC Connector Multi-purpose Vessel Targeting the Deepwater Segment

AMC Connector, a future new-build subsea installation and construction vessel from Aker Solutions, has finalised its vessel specs. With a total payload capacity of 9 000 tonnes of subsea power cables or umbilicals, the vessel will be well equipped to target the deepwater installation segment. AMC Co

about 15 years ago
Azerbaijan: Socar to Drill New Exploration Well at Umid Offshore Field
Fossil Energy

Azerbaijan: Socar to Drill New Exploration Well at Umid Offshore Field

The State Oil Company of Azerbaijan is working to drill new exploration well at the Umid offshore field. By Rufat Abbasov (News.az) [mappress] Source: News.az, January 14, 2011;

about 15 years ago
Norway: Olympic Shipping Confirms Option for New Vessel
Fossil Energy

Norway: Olympic Shipping Confirms Option for New Vessel

Olympic Shipping confirms option for delivery of one Multi Purpose Field Supply and Construction Vessel at Kleven Maritime in Norway. Delivery is agreed as June 2012. Olympic Shipping has confirmed a contract with Kleven Maritime for the delivery of one advanced Multi Purpose Field Supply & Construc

about 15 years ago
NPD Expects Norwegian Shelf Investments to Rise
Fossil Energy

NPD Expects Norwegian Shelf Investments to Rise

The activity level on the Norwegian shelf is high, with investments expected to rise in the next few years. In spite of this, NPD sees that more than 50 per cent of the oil remains in the fields. This is a source of concern for the Norwegian Petroleum Directorate (NPD), which is now calling for [&he

about 15 years ago
EPL To Acquire Oil Rich Central Gulf of Mexico Shelf Properties
Fossil Energy

EPL To Acquire Oil Rich Central Gulf of Mexico Shelf Properties

Energy Partners, Ltd. today announced it has executed a purchase and sale agreement to acquire producing oil and natural gas assets in the shallow-water central Gulf of Mexico (GOM) shelf from Anglo-Suisse Offshore Partners, LLC for $201.5 million. The assets are currently producing approximately 3,

about 15 years ago
Canada: Teekay Announces Senior Management Appointments
Fossil Energy

Canada: Teekay Announces Senior Management Appointments

Teekay Corporation (Teekay or the Company) announced that its current President of its Shuttle Tanker and FSO business unit, Kenneth Hvid, has been appointed to the position of Executive Vice President and Chief Strategy Officer effective April 1, 2011. In his new role, Mr. Hvid will be located in V

about 15 years ago
Technip Wins Major Subsea Contract for the Jack & St-Malo Fields in the Gulf of Mexico
Fossil Energy

Technip Wins Major Subsea Contract for the Jack & St-Malo Fields in the Gulf of Mexico

Technip was awarded a contract by Chevron North America Exploration and Production for the development of the Jack & St-Malo fields, located in the Walker Ridge area of the Gulf of Mexico at a water depth of approximately 7,000 feet (2,100 meters). The contract covers the engineering, fabrication an

about 15 years ago
Cameron Receives $74 Million Order From Petrobras For 27 Subsea Trees
Fossil Energy

Cameron Receives $74 Million Order From Petrobras For 27 Subsea Trees

Cameron has received an order from Petrobras for 27 subsea trees and related equipment, worth approximately $74 million, for use in their developments offshore Brazil. The order represents the remaining trees under a 138-tree frame agreement announced in September 2009. Cameron received a purchase o

about 15 years ago
UK: Chief Executive Officer Appointed at Cosalt Offshore
Fossil Energy

UK: Chief Executive Officer Appointed at Cosalt Offshore

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of highly-experienced industry figure Rod Buchan as the new Chief Executive Officer. Mr Buchan most recently has been Managing Director of Aker Offshore Partner and has held

about 15 years ago
Norway: Wilhelmsen Ships Service Appoints New Business Director for Marine Logistics
Fossil Energy

Norway: Wilhelmsen Ships Service Appoints New Business Director for Marine Logistics

Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Vidar will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its

about 15 years ago
Brazil Mulls Offshore Subsea Lab to Monitor and Protect its Natural Riches
Fossil Energy

Brazil Mulls Offshore Subsea Lab to Monitor and Protect its Natural Riches

The Brazilian government and Navy are considering an ambitious plan for launching an offshore subsea lab to be located at the limit of … Source: Mercopress [mappress] Source:Mercopress, January 13, 2011;

about 15 years ago
Canada: Marport Secures Private Equity Financing
Fossil Energy

Canada: Marport Secures Private Equity Financing

Marport Deep Sea Technologies Inc., a leading developer and manufacturer of sonar products for the defense and commercial fisheries markets, announced recently that it has secured an equity investment led by Hasting Equity Partners, LLC and Admiralty Partners, Inc. Boenning & Scattergood, Inc., a U.

about 15 years ago
Brazil: Jose Sergio Gabrielli de Azevedo Remains at the Helm of Petrobras
Fossil Energy

Brazil: Jose Sergio Gabrielli de Azevedo Remains at the Helm of Petrobras

The president of Brazil, Dilma Rousseff, denied this Wednesday (01/12) afternoon, in Brasília, rumors published by the press that the CEO of Petrobras, José Sergio Gabrielli de Azevedo, would be substituted by the CEO of BNDES, Luciano Coutinho. Rousseff confirmed Gabrielli will remain at the helm o

about 15 years ago
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