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Fossil Energy

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USA: Cianbro Will Replace Ship Thrusters off Maine Coast
Fossil Energy

USA: Cianbro Will Replace Ship Thrusters off Maine Coast

Cianbro crews are preparing for a job that will be visible to thousands of Mainers who look out to sea in the Rockland area. On or about June 17th, the 750 foot drilling vessel Stena Forth will appear on the horizon, approximately a mile and a half off the Rockland breakwater. For about one week, [&

about 16 years ago
Belgium: Exmar NV Offloads Semi-Sub Platform Opti-Ex for $400 Million
Fossil Energy

Belgium: Exmar NV Offloads Semi-Sub Platform Opti-Ex for $400 Million

EXMAR NV of Belgium (“EXMAR”) and LLOG Deepwater Development Company LLC of the United States (“LLOG”) have reached an agreement in principle whereby LLOG will acquire the semi-submersible production platform OPTI-EX™ from EXMAR. The OPTI-EX™ is currently located quay side in Ingleside, Texas. LLOG

about 16 years ago
Aberdeen: Seatronics Adds Sonardyne 6G® Technology to Rental Inventory
Fossil Energy

Aberdeen: Seatronics Adds Sonardyne 6G® Technology to Rental Inventory

Seatronics has invested £1 million in Sonardyne’s new 6G (Sixth Generation) range of acoustic and inertial navigation products and becomes the first subsea electronics rental company able to offer customers this leading-edge technology. The launch of 6G represents a major advance by Sonardyne in sub

about 16 years ago
Norway: Statoil Ready for Gudrun Development
Fossil Energy

Norway: Statoil Ready for Gudrun Development

The plan for development and operation (PDO) of the North Sea Gudrun field was approved by the Norwegian Parliament on 16 June. Production is scheduled to start in the first quarter of 2014. ”This is an important day for us,” says Øystein Michelsen, executive vice president for Exploration & Product

about 16 years ago
VAALCO Energy Announces Discovery on Southeast Etame Prospect Offshore Gabon
Fossil Energy

VAALCO Energy Announces Discovery on Southeast Etame Prospect Offshore Gabon

VAALCO Energy, Inc. announced today the Southeast Etame No. 1 (“ETSEM-1”) exploration well completed drilling to a total depth of 9,045 feet (2,757 meters) offshore Gabon and encountered approximately sixteen feet (five meters) of Gamba sandstone section which logged oil full to base. The ETSEM-1 we

about 16 years ago
USA: BP to Pay $20 Billion for Deepwater Horizon Spill
Fossil Energy

USA: BP to Pay $20 Billion for Deepwater Horizon Spill

Following a meeting with the President of the United States, the BP Board announces an agreed package of measures to meet its obligations as a responsible party arising from the Deepwater Horizon spill. Agreement was reached to create a $20bn claims fund over the next three and a half years on the f

about 16 years ago
UK: Valiant Announces Positive Tybalt Drill Stem Test Results
Fossil Energy

UK: Valiant Announces Positive Tybalt Drill Stem Test Results

Valiant Petroleum plc (“Valiant”) announced the second Tybalt exploration well (211/8c-4Z) has been successfully tested, delivering a post clean-up peak rate of 5,400 barrels of oil per day (“bopd”) and 4 million standard cubic feet of gas per day (“mmscfd”) on a 56/64″ choke representing a combined

about 16 years ago
USA: Drilling Moratorium Has No Material Negative Impact on Deep Down Inc.
Fossil Energy

USA: Drilling Moratorium Has No Material Negative Impact on Deep Down Inc.

Deep Down, Inc. is an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services. In response to recent investor inquires, the company commented that the recently announced 180-day moratorium on exploration drilling in water de

about 16 years ago
France: CGGVeritas Launches BroadSeis Solution for Marine Seismic
Fossil Energy

France: CGGVeritas Launches BroadSeis Solution for Marine Seismic

CGGVeritas announces the launch of BroadSeis, a new integrated service for high-resolution marine seismic. BroadSeis is an innovative solution based on the deployment of specific configurations of Sentinel solid streamers combined with a new patented imaging technology designed to offer oil companie

about 16 years ago
Norway: President & CEO of Aker Solutions Steps Down from Position
Fossil Energy

Norway: President & CEO of Aker Solutions Steps Down from Position

Simen Lieungh is stepping down from his position as President & CEO of Aker Solutions. Chief Financial Officer Leif H. Borge will act as President until Lieungh’s successor has been recruited. During this period, Mr Øyvind Eriksen will in his capacity as Executive Chairman of the Aker Solutions Boar

about 16 years ago
USA Gulf Spill: Obama Speaks Out
Fossil Energy

USA Gulf Spill: Obama Speaks Out

Obama’s Gulf Spill Speech [mappress] Source: Ghanaweb, June 16, 2010:

about 16 years ago
Ghana Set to Start Drilling Operations off Tema Coast
Fossil Energy

Ghana Set to Start Drilling Operations off Tema Coast

Ghana is set to begin oil exploration off the Tema coast. An agreement to this effect has been signed and the government later Tuesday … [mappress] Source: Ghanaweb, June 16, 2010:

about 16 years ago
Neon Energy Completes Seismic Operations Offshore Vietnam
Fossil Energy

Neon Energy Completes Seismic Operations Offshore Vietnam

Neon Energy Limited is pleased to announce the completion of 2D seismic acquisition operations in Block 120 and Block 105-110/04 (“Block 105”) offshore Vietnam. The Aquila Explorer seismic vessel, contracted from Seabird Exploration, ceased operations on Block 105 on 12 June 2010. The 3,827 km seism

about 16 years ago
USA: Discoverer Enterprise Resumes Containment Operations
Fossil Energy

USA: Discoverer Enterprise Resumes Containment Operations

At 2:15 p.m. CDT, the Discoverer Enterprise resumed containment operations following a short outage caused by a lightning strike at 9:30 in the morning . The U.S. Coast Guard gave authorization for the operation to resume at 1:40 p.m. after the ship’s crew completed safety and operational assurance

about 16 years ago
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