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Fossil Energy

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Oil Prices Drop in USA
Fossil Energy

Oil Prices Drop in USA

Crude prices slipped in Asian trade today with a key pipeline supplying oil from Canada to the US expected to resume operations soon … (business) [mappress] Source: business, September 16, 2010

about 16 years ago
KAROON Gas Raises Capital to Help Exploration Offshore Brazil and Australia
Fossil Energy

KAROON Gas Raises Capital to Help Exploration Offshore Brazil and Australia

KAROON Gas plans to raise capital through an institutional share placement to help fund further exploration. (theaustralian) [mappress] Source: theaustralian, September 16, 2010;

about 16 years ago
USA: DOI Requires Permanent Plugs in Nearly 3500 Non-Producing Wells in GoM
Fossil Energy

USA: DOI Requires Permanent Plugs in Nearly 3500 Non-Producing Wells in GoM

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. Bromwich announced they will require oil and gas companies operating in the Gulf of Mexico to set permanent plugs in nearly 3,500 nonproducing wells that are currently complete

about 16 years ago
USA: Anadarko Wants to Cancel Drilling Contract with Diamond
Fossil Energy

USA: Anadarko Wants to Cancel Drilling Contract with Diamond

Anadarko Petroleum is seeking to cancel a drilling contract with Diamond Offshore for semisubmersible Ocean Monarch, which is under contract in the Gulf of Mexico. In its Sept. 13 filing, Anadarko said that the actions of government authorities related to an ongoing moratorium on Gulf of Mexico dril

about 16 years ago
Norway: TAQA Strengthens North Sea Footprint
Fossil Energy

Norway: TAQA Strengthens North Sea Footprint

The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced its wholly owned subsidiary, TAQA Bratani Limited has signed a Sale and Purchase Agreement relating to TOTAL’s entire equity stake of 81% in production licen

about 16 years ago
Africa to Become 3rd Largest Oil Producer, Leaving North America Behind
Fossil Energy

Africa to Become 3rd Largest Oil Producer, Leaving North America Behind

Africa would likely surpass North America and become the third largest oil producer, after the Middle East and Central/Eastern Europe … By: Chanel de Bruyn (Engineering News) [mappress] Source: Engineeringnews,September 15, 2010,

about 16 years ago
USA: Atwood Oceanics Announces Six-Month Contract Extension for the Atwood Eagle Rig
Fossil Energy

USA: Atwood Oceanics Announces Six-Month Contract Extension for the Atwood Eagle Rig

ATWOOD OCEANICS, INC., a Houston-based International Drilling Contractor, announced that the ATWOOD EAGLE (operated by our wholly-owned subsidiary Atwood Australian Waters Drilling Pty Ltd) has been awarded a six-month contract extension by Chevron Australia Pty Ltd pursuant to the existing contract

about 16 years ago
Gulf of Mexico as Compared with the Barents Sea and Lofoten, Norway
Fossil Energy

Gulf of Mexico as Compared with the Barents Sea and Lofoten, Norway

It is highly unlikely that a potential blowout off Lofoten could have a comparable blowout rate as the blowout on the Macondo prospect in the Gulf of Mexico. This is the conclusion of NPD´s comparison of petroleum-related conditions in the spill area in the Gulf of Mexico and in The Norwegian Sea, t

about 16 years ago
Baker Hughes UK Technology Day Focuses on Mature Fields and North Sea Development Frontiers
Fossil Energy

Baker Hughes UK Technology Day Focuses on Mature Fields and North Sea Development Frontiers

Getting the most from mature fields and new development frontiers in the North Sea is the focus of the Baker Hughes UK Techno Day 2010, set for September 15 at the Aberdeen Exhibition Center. The technology showcase will feature speakers from the industry as well as Baker Hughes leaders. The keynote

about 16 years ago
Norway: EMGS Awarded Contract Extension Worth Minimum USD 3 million in Asia
Fossil Energy

Norway: EMGS Awarded Contract Extension Worth Minimum USD 3 million in Asia

Electromagnetic Geoservices ASA is pleased to announce that it has been awarded a contract extension worth a minimum of USD 3 million in Asia. This contract is a continuation of the previously announced global 3D EM campaign for a major oil company, the first part of which was a survey performed in

about 16 years ago
Cameroon: Bowleven Starts Drilling Operations on Sapele-1 Exploration Well
Fossil Energy

Cameroon: Bowleven Starts Drilling Operations on Sapele-1 Exploration Well

Bowleven, the West Africa focused oil and gas exploration group listed on AIM, announced that on 14 September 2010 it commenced drilling operations on the Sapele-1 exploration well on block MLHP-5, Etinde Permit, offshore Cameroon. The targets of the Sapele-1 exploration well are a series of stacked

about 16 years ago
The Netherlands: SBM Offshore N.V. Joins DOW JONES Sustainability Europe Index
Fossil Energy

The Netherlands: SBM Offshore N.V. Joins DOW JONES Sustainability Europe Index

SBM Offshore N.V. is a new member of DJSI Europe SBM Offshore announced it has been admitted as a new member of the Dow Jones Sustainability Europe Index (DJSI). The Company started publication of a separate corporate social responsibility report in 2007 and has participated in the DJSI selection pr

about 16 years ago
UAE: Topaz Energy and Marine Delivers US$75 million Deck Structure for MOPUstor
Fossil Energy

UAE: Topaz Energy and Marine Delivers US$75 million Deck Structure for MOPUstor

Topaz Energy and Marine has announced the delivery of the deck structure for a Mobile Offshore Production Unit and storage (MOPUstor). [mappress] Source:Bairdmaritime,September 15, 2010,

about 16 years ago
USA: Atwood Names First Ultra-deepwater DP Rig Atwood Condor
Fossil Energy

USA: Atwood Names First Ultra-deepwater DP Rig Atwood Condor

Atwood Oceanics (“Atwood”), a Houston-based offshore drilling contractor, has chosen Atwood Condor as the name for its newbuild ultra-deepwater dynamically positioned (“DP”) semisubmersible. The Atwood Condor remains on track for delivery from Jurong Shipyard in Singapore by the middle of 2012. Atwo

about 16 years ago
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