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Fossil Energy

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Business & Finance
Norway: E.ON Gets Licence to Drill Near Skarv Offshore Field
Fossil Energy

Norway: E.ON Gets Licence to Drill Near Skarv Offshore Field

E.ON Ruhrgas Norge AS, an upstream company established in Stavanger, Norway in 2003, has been granted a drilling permit for well 6507/6-4-A, cf. Section 8 of the Resource Management Regulations. Well 6507/6-4-A will be drilled from the Borgland Dolphin drilling rig at position 65°38’55.6” north and

about 15 years ago
Brazil: Chevron Continues Work on Containing Oil Sheen Near Frade Field
Fossil Energy

Brazil: Chevron Continues Work on Containing Oil Sheen Near Frade Field

Chevron Corporation yesterday reported that the operations have been in progress in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field. The sheen, estimated at approximately 18 barrels or less in volume, is locat

about 15 years ago
USA: BP Sells Stake in Pompano and Mica Offshore Fields to Stone Energy
Fossil Energy

USA: BP Sells Stake in Pompano and Mica Offshore Fields to Stone Energy

BP revealed on Friday the agreement to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp. for $204 million in cash. The agreement includes the sale of BP’s 75 per cent operated working interest (WI) in t

about 15 years ago
Lundin Petroleum to Drill with Bredford Dolphin near Avaldsnes Discovery, Offshore Norway
Fossil Energy

Lundin Petroleum to Drill with Bredford Dolphin near Avaldsnes Discovery, Offshore Norway

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/5-2, cf. Section 8 of the Resource Management Regulations. Well 16/5-2 will be drilled from the Bredford Dolphin drilling facility at position 58°44’43.55’’N 02°37’58.20’’E after completing the drill

about 15 years ago
USA: Signal Bags Hercules Jack-Up Repair Job
Fossil Energy

USA: Signal Bags Hercules Jack-Up Repair Job

Signal International has been awarded a contract for the repairs to the Hercules 185, which was damaged while working in Angola, West Africa, the company says on its website. Signal sent a team to Port Gentil in Gabon, West Africa to help Hercules Offshore with preparation of the rig to be dry towed

about 15 years ago
Gazprom, Petrovietnam Discuss Development of New Offshore Vietnam Blocks
Fossil Energy

Gazprom, Petrovietnam Discuss Development of New Offshore Vietnam Blocks

A working meeting was held yesterd between Alexey Miller, Chairman of the Company’s Management Committee and Do Van Hau, President and CEO of Petrovietnam State Oil and Gas Corporation. The participants tackled the main aspects of the Russian-Vietnamese cooperation within the oil and gas segment and

about 15 years ago
Sterling and Romania Officially Resolve Dispute
Fossil Energy

Sterling and Romania Officially Resolve Dispute

Sterling Resources Ltd. confirmed that the company received formal approval from the Romanian National Agency for Mineral Resources (NAMR) for the assignment of equity to partners and confirming the term of the offshore license. The execution of this documentation follows the announcement made by th

about 15 years ago
USA: EPL Buys GoM Assets from Stone Energy
Fossil Energy

USA: EPL Buys GoM Assets from Stone Energy

Energy Partners, Ltd. today announced the closing of the transaction to acquire oil and natural gas assets in the shallow-water central Gulf of Mexico (GOM) from a subsidiary of Stone Energy Corporation (Stone) for $38.4 million. The Main Pass (MP) Acquisition EPL has closed on its previously announ

about 15 years ago
Norway: Statoil Gets Barents Sea Drilling Approval
Fossil Energy

Norway: Statoil Gets Barents Sea Drilling Approval

Norwegian safety regulator has given its consent to Statoil for exploration drilling operations in the Barents Sea. Statoil intends to use the Aker Barents drilling rig. The approval relates to the drilling of exploration well 7220/7-1 which is part of production licence 532. The well is located som

about 15 years ago
Mermaid Wins IRM, Saturation Diving Contract, Offshore Congo
Fossil Energy

Mermaid Wins IRM, Saturation Diving Contract, Offshore Congo

Mermaid Maritime Public Company Limited’s subsidiary Subtech Ltd. (Seychelles), has secured a contract award to provide subsea Inspection, Repair, and Maintenance services (“IRM”) along with Saturation Diving Operations for an end client who is a major oil and gas company with a presence in West Afr

about 15 years ago
Finland-based Wartsila Eyeing Hamworthy Acquisition
Fossil Energy

Finland-based Wartsila Eyeing Hamworthy Acquisition

Wärtsilä yesterday confirmed recent reports that it has been in talks with Hamworthy regarding a 825 pence per ordinary share cash offer. The potential offer is likely to assume that no further dividend will be paid but, if a dividend is paid, Wärtsilä’s offer will be reduced by the amount of that d

about 15 years ago
Dutch Fairmount Escorts Scarabeo 9 Rig around the Cape of Good Hope, South Africa
Fossil Energy

Dutch Fairmount Escorts Scarabeo 9 Rig around the Cape of Good Hope, South Africa

Fairmount Marine, a Dutch marine contractor for ocean towage and heavy lift transportation, announces that its powerful tug Fairmount Glacier has successfully assisted the new build semi submergible drilling rig Scarbeo 9 sailing around Cape of Good Hope. For this operation Fairmount was contracted

about 15 years ago
Cove Announces Seismic Survey Start Offshore Kenya
Fossil Energy

Cove Announces Seismic Survey Start Offshore Kenya

Cove Energy plc ,offshore exploration company focused on East Africa, announces that 3D seismic acquisition has commenced in offshore Kenya licence areas L10A and L10B. After completion of the 3D survey, the vessel will be reconfigured and will commence 2D seismic acquisition in the western portion

about 15 years ago
Holiday Season Could Delay Ichthys FID, Inpex Says
Fossil Energy

Holiday Season Could Delay Ichthys FID, Inpex Says

INPEX announces today that Ichthys Project, which is undertaken by INPEX group of companies and Total group of companies, has been steadily progressing towards the Final Investment Decision (FID) to be made by the end of this year. “While this remains our target, taking into account administrative c

about 15 years ago
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