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Fossil Energy

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UK: RBG Signs Contract with Chevron North Sea for Electrical Rope Access Services Delivery
Fossil Energy

UK: RBG Signs Contract with Chevron North Sea for Electrical Rope Access Services Delivery

RBG, the leading provider of fabric maintenance and construction support to the global energy industry, will deliver its innovative electrical rope access services as part of a new three-year contract with Chevron North Sea. Working on the Alba, Captain and Erskine platforms located in the UKCS, RBG

about 16 years ago
Cyprus: Prosafe’s Chief Executive Officer Resigns
Fossil Energy

Cyprus: Prosafe’s Chief Executive Officer Resigns

Arne Austreid has resigned as president and CEO of Prosafe. “I have been with Prosafe for 12 years. It has been exciting to be a part of the successful development of Prosafe, and a privilege to lead Prosafe to what it is today. I will miss many skilled colleagues when I leave Prosafe. I have, [&hel

about 16 years ago
UAE: MIS and MEJU Settle Dispute Over Rigs
Fossil Energy

UAE: MIS and MEJU Settle Dispute Over Rigs

UAE-based Maritime Industrial Services Co. Ltd. Inc. will today sign an agreement with Mosvold Middle East Jackup Ltd (MEJU) to settle the contractual dispute that began in August 2009 and which has since then been the subject of arbitration. The effect of the agreement is as follows: • MEJU has ent

about 16 years ago
BG Group to Farm-in to Blocks 1,3 and 4 Offshore Southern Tanzania
Fossil Energy

BG Group to Farm-in to Blocks 1,3 and 4 Offshore Southern Tanzania

BG Group announced that it has received the written consent of the Government of the United Republic of Tanzania to farm-in to blocks 1, 3 and 4 offshore southern Tanzania currently owned solely by Ophir Energy plc (Ophir). On completion of the farm-in agreements BG Group will acquire 60% of Ophir’s

about 16 years ago
USA: No Arctic Drilling in 2010
Fossil Energy

USA: No Arctic Drilling in 2010

The Obama administration Thursday will suspend planned exploratory oil drilling in the Arctic Ocean off Alaska until at least 2011… Source: seattletimes, May 27, 2010;

about 16 years ago
Northern Offshore Ltd. 2010 1st Q Results & Energy Searcher Update
Fossil Energy

Northern Offshore Ltd. 2010 1st Q Results & Energy Searcher Update

Northern Offshore, Ltd. reported net income for the three months ended March 31, 2010 of US$23.2 million, or US$0.15 per diluted share, on revenues of US$68.1 million. This compares to net income of US$3.6 million, or US$0.02 per diluted share, for the first quarter of 2009, on revenues of US$56.6 m

about 16 years ago
Gulf of Mexico Response Update: “Top Kill” Efforts Going by Plan
Fossil Energy

Gulf of Mexico Response Update: “Top Kill” Efforts Going by Plan

BP has said that efforts to plug the ruptured Gulf of Mexico oil rig were going to plan and that it appeared that drilling mud, not oil… [mappress] Source: Telegraph, May 27, 2010;

about 16 years ago
Norway: Grenland Group Signs Contract For Marulk Field Subsea Equipment Supply
Fossil Energy

Norway: Grenland Group Signs Contract For Marulk Field Subsea Equipment Supply

FMC Technologies signed in the beginning of March a contract with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field. The award is a call-off from FMC’s existing frame agreement with Statoil. The Marulk field is located in the Norwegian Sea, approxi

about 16 years ago
AWEs Drilling Updates for Tui SW-2(New Zealand) and Redback-2(Australia)
Fossil Energy

AWEs Drilling Updates for Tui SW-2(New Zealand) and Redback-2(Australia)

AWE’s Tui SW-2 drilling update AWE Limited advises that at 0600 hours today, the Tui SW-2 well was at a measured depth of 1573 metres after running and cementing 9-5/8” casing. The forward plan is to drill 8-1/2” hole to total depth. The Tui SW prospect is located in mining licence PMP 38158 in the

about 16 years ago
Cirrus Energy Announces Netherlands Operational Update
Fossil Energy

Cirrus Energy Announces Netherlands Operational Update

Cirrus Energy Corporation (TSXV: CYR) announces the following operational update regarding ongoing activities in our wholly owned subsidiary, Cirrus Energy Nederland B.V. (“Cirrus”) in The Netherlands. 2010 Drilling Programme M01-04 (Cirrus 47.5%, operator) The first well in the 2010 drilling progra

about 16 years ago
Brazil: Petrobras Discovers 2 Light Oil Accumulations in Campos Basin
Fossil Energy

Brazil: Petrobras Discovers 2 Light Oil Accumulations in Campos Basin

Petrobras announced the discovery of two new light oil accumulations (29o API) in reservoirs in the Campos Basin’s post- and pre-salt areas, by means of the drilling of well 6-CRT-43-RJS, known as Carimbé. The well is located in the Caratinga field area, about 106 km off the coast of Rio de Janeiro,

about 16 years ago
Singapore: Keppel Singmarine Delivers Five Vessels on Schedule
Fossil Energy

Singapore: Keppel Singmarine Delivers Five Vessels on Schedule

Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), has demonstrated its commitment to meet the needs of customers with the timely and safe deliveries of five ships. These five vessels, including a Multi-Purpose Supply and

about 16 years ago
Abkhazian Offshore Oil Potential Possibly Bigger than the Georgian
Fossil Energy

Abkhazian Offshore Oil Potential Possibly Bigger than the Georgian

The separatist Georgian region of Abkhazia will develop its offshore oil field that lies near its coast, rebel region’s de facto… [mappress] Source: hurriyetdailynews, May 26, 2010; Abkhazian Offshore Oil Potential Possibly Bigger than the Georgian

about 16 years ago
Australia: TSmarine Acquires Subsea Construction Vessel HAVILA PHOENIX
Fossil Energy

Australia: TSmarine Acquires Subsea Construction Vessel HAVILA PHOENIX

TSmarine, a subsea oil and gas construction service provider, is expanding its fleet following the recent signing of its third vessel, the 110-metre DP2 subsea construction vessel ‘Havila Phoenix’. The addition of the vessel indicates an upturn in the industry, increasing the company’s services acro

about 16 years ago
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