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Fossil Energy

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UK: Weatherford Uses CorDEX’s Camera in Offshore Operations
Fossil Energy

UK: Weatherford Uses CorDEX’s Camera in Offshore Operations

International oilfield services company Weatherford is capturing photographs in challenging environments without the need for a ‘hot permit’. Always on the look-out for ways to improve offshore working processes, Weatherford was eager to find out more about CorDEX Instrument’s ToughPIX 2300 XP Serie

about 15 years ago
Singapore: GGOS Cancels Support Vessels Order
Fossil Energy

Singapore: GGOS Cancels Support Vessels Order

Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of the Company’s subsidiary – Greatship (India) Limited (GIL), had signed contracts for two new building Multipurpose Support Vessels (Builder’s Yard No. 26775 and 26784) with Mazagon Dock Limited, Mumbai in Sep

about 15 years ago
Brazil: Prysmian Opens Flexible Pipes Plant. Wins New Order from Petrobras
Fossil Energy

Brazil: Prysmian Opens Flexible Pipes Plant. Wins New Order from Petrobras

Prysmian Group, world leader in the energy and telecom cables and systems industry, is stepping up its expansion into the business of products and services for the offshore oil industry. The new flexible pipes plant in Brazil is now fully operational and the integration with Draka has broadened the

about 15 years ago
USA: GAO Finds Deficiencies in USCG and DOI Offshore Inspection Programs
Fossil Energy

USA: GAO Finds Deficiencies in USCG and DOI Offshore Inspection Programs

Last week, GAO testified before the House Subcommittee on Coast Guard and Maritime Transportation regarding offshore energy inspection programs. The written statement, Deepwater Horizon: Coast Guard and Interior Could Improve Their Offshore Energy Inspection Programs (GAO-12-203T), can be accessed b

about 15 years ago
Norway: DNO’s Financial Position Stronger than Ever, CEO Says
Fossil Energy

Norway: DNO’s Financial Position Stronger than Ever, CEO Says

DNO International ASA is reporting net profit of NOK 299 million for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company delivered a Working [

about 15 years ago
Airborne Wins Brazilian Gig from Saipem
Fossil Energy

Airborne Wins Brazilian Gig from Saipem

Airborne has been awarded a contract by Saipem SA for the engineering, fabrication & delivery of a 2500 meter downline for the Guara & Lula project. The 3 inch ID downline will be used at around 2200 meter water depth for the Pre-Commissioning of the Guara & Lula-NE Gasline Project. By winning this

about 15 years ago
UK: SeaHold GEOSHIPS Expects Delivery of Two New Offshore Support Vessels
Fossil Energy

UK: SeaHold GEOSHIPS Expects Delivery of Two New Offshore Support Vessels

SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment

about 15 years ago
Ghana: Jubilee Field Production Delivers Record Cashflows to Tullow
Fossil Energy

Ghana: Jubilee Field Production Delivers Record Cashflows to Tullow

Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 8 November 2011, in accordance with reporting requirements of the EU Transparency Directive. The Group will announce its full year Trading Statement and Operational Update on 18 January 2012. Tullow h

about 15 years ago
CGGVeritas’ Results Rise on High Demand for Seismic Equipment
Fossil Energy

CGGVeritas’ Results Rise on High Demand for Seismic Equipment

CGGVeritas, the world’s largest seismic surveyor of oil fields, surged to a two-month high after reporting a profit in the third quarter and… By Tara Patel (Bloomberg) [mappress] Source:Bloomberg , November 9, 2011; Image: CGGVeritas

about 15 years ago
Ocean Rig Bidding to Rent 5 Drillships to Petrobras, Brazil
Fossil Energy

Ocean Rig Bidding to Rent 5 Drillships to Petrobras, Brazil

DryShips Inc confirmed market speculation that its Ocean Rig UDW drilling unit was bidding to rent out five new drillships to Brazilian stat… Source: Reuters [mappress] Source: Reuters, November 9, 2011; Image: Ocean Rig

about 15 years ago
Extensive Seismic Survey Campaign Starts Offshore Australia
Fossil Energy

Extensive Seismic Survey Campaign Starts Offshore Australia

Octanex N.L. announced today the new 2D and 3D seismic surveys to be acquired within six of the Company’s eight Southern Bonaparte Basin permits have commenced. The Company’s wholly-owned subsidiary, Goldsborough Energy Pty Ltd. holds a 100% participating interest in five of the permits (WA-407-P, W

about 15 years ago
U.S. Interior Department Releases OCS 5-Year Leasing Plan
Fossil Energy

U.S. Interior Department Releases OCS 5-Year Leasing Plan

Secretary of the Interior Ken Salazar today announced the Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017, which makes more than 75 percent of undiscovered technically recoverable oil and gas resources estimated in federal offshore areas available for exploration and

about 15 years ago
PSA Norway Conducts Audit on Hammerfest LNG
Fossil Energy

PSA Norway Conducts Audit on Hammerfest LNG

From 20-23 September 2011, the Petroleum Safety Authority Norway​ (PSA) carried out an audit activity of Hammerfest LNG, Statoil, where they followed up major accident risk, the company’s own follow-up and operation of onshore facilities, pipelines and subsea facilities. Objective The objective of t

about 15 years ago
Hyperdynamics Reports 3Q Net Loss of USD 4.4 Million. Updates on Guinea Operations
Fossil Energy

Hyperdynamics Reports 3Q Net Loss of USD 4.4 Million. Updates on Guinea Operations

Hyperdynamics Corporation announced today that it has filed its quarterly report on Form 10-Q for the three month period ended September 30, 2011 with the SEC. Hyperdynamics reported a net loss of $4.4 million, or $0.03 per share during the quarter, compared to a loss of $2.9 million, or $0.03 per s

about 15 years ago
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