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Fossil Energy

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Australia: Tap Announces Spud of Hannah-1 Well
Fossil Energy

Australia: Tap Announces Spud of Hannah-1 Well

Tap Oil Limited (“Tap”) provides the following information on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island. The well will be drilled in water depth of 16m by the jack-up rig Ensco 104.

about 15 years ago
W&O Supply Sees Big Opportunity in Brazilian Offshore Market
Fossil Energy

W&O Supply Sees Big Opportunity in Brazilian Offshore Market

W&O Supply, North America’s largest supplier of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced yesterday that it has established operations in Brazil, with the first office located in Rio de Janeiro. Establishing a Brazilian presence is an

about 15 years ago
Spain: Repsol Upstream Unit’s Income Rises 15.7 pct
Fossil Energy

Spain: Repsol Upstream Unit’s Income Rises 15.7 pct

Repsol posted net income of 1.901 billion euros in the first nine months of 2011, 6.4% higher than the 1.786 billion euros reported in the year-earlier period. The group’s operating income totalled 4.102 billion euros, 1% higher than that recorded in September 2010. The company’s encouraging results

about 15 years ago
CNOOC Restarts Indonesia Operations after FSO Fire
Fossil Energy

CNOOC Restarts Indonesia Operations after FSO Fire

After a vessel fire near its Southeast Sumatra offshore block two months ago, upstream oil and gas regulator BPMigas says that China-based C… By Rangga Fadhilah (Jakarta Post) [mappress] Source: Jakarta Post, November 10, 2011; Image: COSCO

about 15 years ago
Farstad Secures Charters in UK and Brazil
Fossil Energy

Farstad Secures Charters in UK and Brazil

Farstad Shipping has been awarded the following charter contracts: AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in Brasil for a 2 year firm contract. In the North Sea Peterson has exercised another 1 year option for PSV Far Splendour (2003, P 106, 3.503 DWT). Total val

about 15 years ago
Brazil: Petrobras’ Franco Offshore Well Could Hold 3.05 BBOE
Fossil Energy

Brazil: Petrobras’ Franco Offshore Well Could Hold 3.05 BBOE

Brazilian state-controlled oil company Petrobras said on Wednesday that recent drilling in a major offshore well confirmed prior estimates… Source: Reuters [mappress] Source: Reuters, November 10, 2011

about 15 years ago
Egypt Unrest Could Delay Oil Production from Northwest October Offshore Block
Fossil Energy

Egypt Unrest Could Delay Oil Production from Northwest October Offshore Block

Political instability in Egypt may delay the first crude output from the offshore Northwest October block in the northern Gulf of Suez, a to… Source: Reuters [mappress] Source: Reuters , November 10, 2011

about 15 years ago
UAE: Leighton Offshore’s New Cable Lay Vessel Hits the Water
Fossil Energy

UAE: Leighton Offshore’s New Cable Lay Vessel Hits the Water

Leighton Offshore yesterday launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway.

about 15 years ago
USA: FOCS Approves Gulf Shoreline Clean-up Completion Plan
Fossil Energy

USA: FOCS Approves Gulf Shoreline Clean-up Completion Plan

After 18 months of sustained effort to clean the shoreline of the Gulf of Mexico following the Deepwater Horizon accident, the U.S. Coast Guard’s federal on-scene coordinator (FOSC) has approved the shoreline clean-up completion plan, paving the way for restoration work. Under the plan, the FOSC wil

about 15 years ago
USA: Vantage Drilling Reports 3Q Net Loss of USD 11.9 Million
Fossil Energy

USA: Vantage Drilling Reports 3Q Net Loss of USD 11.9 Million

Vantage Drilling Company reports a net loss of $11.9 million or ($0.04) per diluted share for the three months ended September 30, 2011 as compared to a net loss of $5.8 million or ($0.02) per share excluding $27.8 million of charges in the prior year period relating to the acquisition of the Platin

about 15 years ago
Vietnam: Dungquat Shipyard Repairs Vietsovpetro’s AHTS
Fossil Energy

Vietnam: Dungquat Shipyard Repairs Vietsovpetro’s AHTS

AHTS “Sao Mai 03”, the second service vessel of Vietsovpetro J.V., has been repaired in Dungquat Shipyard. Its dimension is 64.4 m long, 13.8 m wide with the load of 1,190 tons and main engine capacity of 2 x 3520 BHP. On 07 November 2011 the AHTS “Sao Mai 03” has been delivered to Vietsovpetro [&he

about 15 years ago
BG , COPL Find Oil at Esperanza Prospect in UK North Sea
Fossil Energy

BG , COPL Find Oil at Esperanza Prospect in UK North Sea

Canadian Overseas Petroleum Limited has made an oil discovery at its Esperanza exploration prospect located in Block 22/15 of the UK Central North Sea. Block 22/15 is a Second Round license. The 22/15-4 well, operated by BG Group (“BG”), was drilled by the Ocean Nomad semi-submersible drilling rig t

about 15 years ago
Cal Dive Chooses Panther Plus XT ROV for Works Offshore Australia
Fossil Energy

Cal Dive Chooses Panther Plus XT ROV for Works Offshore Australia

To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di

about 15 years ago
China: CIMC Raffles Orders Super M2 Jack-Up Rig Package from TSC
Fossil Energy

China: CIMC Raffles Orders Super M2 Jack-Up Rig Package from TSC

TSC Group Holdings Limited secures the second Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard, following closely after the first package that was signed in October this year. Combining with the previous order, the two jack-up rig orders worth a total of approximately US$68 million.

about 15 years ago
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