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Fossil Energy

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Tapoil Acquires Highly Attractive Thailand Gulf Assets
Fossil Energy

Tapoil Acquires Highly Attractive Thailand Gulf Assets

Tap Oil Limited announced the acquisition of 75% of the issued capital of Northern Gulf Petroleum Pte Ltd (“Northern Gulf”) and a capital raising of up to approximately A$82 million. The proceeds of the raising are to facilitate the acquisition and exploration, appraisal and pre-FID engineering cost

about 16 years ago
Cove Energy plc Completes Farm-in Agreement for Offshore Kenya Area
Fossil Energy

Cove Energy plc Completes Farm-in Agreement for Offshore Kenya Area

Cove Energy plc the AIM quoted upstream oil and gas company focused on East Africa, announced that, following the receipt of the consent of the Government of Kenya, represented by the Minister of Energy, all necessary permissions and approvals have been granted for the acquisition by the Company of

about 16 years ago
European Market Could Expect the First Turkmen Gas by 2013
Fossil Energy

European Market Could Expect the First Turkmen Gas by 2013

The Belgian Koen Minne, CEO of the Brussels energy enterprise Enex, is to assume a key role in the geopolitical struggle surrounding the … By Flanders Today [mappress] Source:Flanderstoday, October 14, 2010;

about 16 years ago
CapRock to Provide VSAT Communications for Diamond Offshore’s Gulf of Mexico Fleet
Fossil Energy

CapRock to Provide VSAT Communications for Diamond Offshore’s Gulf of Mexico Fleet

CapRock Communications, a global provider of satellite communications to remote environments, today announced a multi-year contract extension to provide CapRock’s leading, always-on VSAT communications to Diamond Offshore’s fleet located in the Gulf of Mexico. As an industry leader with one of the l

about 16 years ago
UAE: Polarcus Receives Letter of Intent for 3D Seismic Acquisition
Fossil Energy

UAE: Polarcus Receives Letter of Intent for 3D Seismic Acquisition

Polarcus Limited announced that the Company has received a Letter of Intent for a 3D seismic acquisition project estimated at up to three months duration. The project, presently assigned to POLARCUS ASIMA, will commence upon completion of the vessel’s current operations in the Black Sea. As a result

about 16 years ago
UK: Acergy’s Third Quarter 2010 Earnings Highlights
Fossil Energy

UK: Acergy’s Third Quarter 2010 Earnings Highlights

Acergy S.A. , announced today results for the third quarter which ended on August 31, 2010. Highlights – Revenue from continuing operations was $495 million (Q3 2009: $558 million) – Adjusted EBITDA1 from continuing operations was $124 million (Q3 2009: $110 million) corresponding to an Adjusted EBI

about 16 years ago
Australia: Woodside Petroleum CEO to Step Down in 2011
Fossil Energy

Australia: Woodside Petroleum CEO to Step Down in 2011

Woodside will commence an internal and external search for the company’s next Chief Executive Officer after Don Voelte advised today that he intended to retire in 2011. Mr Voelte advised Chairman Michael Chaney of his intention to leave Woodside in the second half of 2011, by which time he will have

about 16 years ago
UK: Dril-Quip, Inc. Awarded $20 Million Contract for the Supply of Subsea Control Systems
Fossil Energy

UK: Dril-Quip, Inc. Awarded $20 Million Contract for the Supply of Subsea Control Systems

Dril-Quip, Inc. (NYSE: DRQ) today announced that Dril-Quip (Europe) Limited, its wholly owned subsidiary located in Aberdeen, Scotland, has been awarded a contract valued at approximately $20 million by Technip UK Limited for the supply of equipment for the Islay Gas Field project in the United King

about 16 years ago
Falkland Islands: Rockhopper Exploration plc Operational Update – Sea Lion 14/10
Fossil Energy

Falkland Islands: Rockhopper Exploration plc Operational Update – Sea Lion 14/10

Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company is providing an update on a number of operational and strategic developments since its AGM on 30th September 2010. Exploration The recent successful flow test at Sea Lion has validated the potential for commercial

about 16 years ago
Baker Hughes Awarded Multi-Million Contract by Woodside Energy Ltd. in Australia
Fossil Energy

Baker Hughes Awarded Multi-Million Contract by Woodside Energy Ltd. in Australia

Baker Hughes announced today that BJ Services, a Baker Hughes company, was awarded a USD multimillion contract by Woodside to provide casing and tubing running services in Australia. Work associated with the three-year contract began in May 2010 on various wells in Woodside’s operations offshore nor

about 16 years ago
Norway: Marathon Petroleum Given Consent for Use of Songa Dee on Alvheim
Fossil Energy

Norway: Marathon Petroleum Given Consent for Use of Songa Dee on Alvheim

Marathon Petroleum Company (Norway) (MPCN) has received consent to use the mobile drilling facility Songa Dee for production drilling on the Alvheim field. On 26 March 2010, MPCN received consent to use Songa Dee for drilling and completion of three oil producing wells on Alvheim: 24/6-B-4 (Kameleon

about 16 years ago
US Government Lifts Deepwater Drilling Ban
Fossil Energy

US Government Lifts Deepwater Drilling Ban

Secretary of the Interior Ken Salazar has determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of adequate blowout

about 16 years ago
USA: Chevron Issues Interim Update for Third Quarter 2010
Fossil Energy

USA: Chevron Issues Interim Update for Third Quarter 2010

Chevron Corporation today reported in its interim update that earnings for the third quarter 2010 are expected to be lower than in the second quarter. Non-cash foreign currency effects due to the weakening of the U.S. dollar are expected to reduce earnings approximately $400 million for the full qua

about 16 years ago
USA: Offshore Drilling Stocks Index Up by 1%
Fossil Energy

USA: Offshore Drilling Stocks Index Up by 1%

White House press secretary Robert Gibbs said on Tuesday that an announcement regarding the deepwater drilling moratorium will come … By Owen Water (TickerSpy) [mappress] Source:Tickerspy, October 13, 2010;

about 16 years ago
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