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Fossil Energy

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Bermuda: Golar Sells FSRU for USD 330 Million
Fossil Energy

Bermuda: Golar Sells FSRU for USD 330 Million

Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P. On October 6. Golar announced that it had entered into an agreement to

about 15 years ago
UK: Ithaca Selects Concept for GSA Development. Petrofac Enters the Game
Fossil Energy

UK: Ithaca Selects Concept for GSA Development. Petrofac Enters the Game

Ithaca Energy Inc. announces that it has concluded its development concept select process for the Greater Stella Area (GSA) fields, with the decision to create a production hub based on a floating production unit located over the Stella field. The GSA development concept involves the introduction of

about 15 years ago
UK: Polarcus Works to Reduce CO2 Emissions from its Fleet
Fossil Energy

UK: Polarcus Works to Reduce CO2 Emissions from its Fleet

Polarcus Limited announced yesterday that the Company has entered into a research collaboration project with Cambridge Carbon Capture Ltd (CCC) in the United Kingdom to develop carbon mineralization technology. Such technology could potentially be used to reduce CO2 emissions from ships, including e

about 15 years ago
USA: TSC Group Wins Multiple Offshore Projects from Oil Majors
Fossil Energy

USA: TSC Group Wins Multiple Offshore Projects from Oil Majors

TSC Group Holdings Limited has recently landed a series of offshore equipment contracts from key global clients, including Maersk, Transocean, Tidewater Marine, and Reliance. In addition, the Group has also been awarded five turnkey oil production platforms and vessels projects for ADMA-OPCO, Cuu Lo

about 15 years ago
Norway: RXT Welcomes Two Members to its Management Team
Fossil Energy

Norway: RXT Welcomes Two Members to its Management Team

Seismic specialist Reservoir Exploration Technology (RXT) announces that it is refocusing its ocean bottom cable (OBC) seismic operations to meet expected demand for its services in the North Sea, Gulf of Mexico, and most of West Africa, and has made two senior management appointments to lead the pr

about 15 years ago
Transocean Inagurates Offices and Training Center in Malaysia
Fossil Energy

Transocean Inagurates Offices and Training Center in Malaysia

Transocean today officially opened its state-of-the-art training center and offices in Kuala Lumpur, Malaysia. The training center and offices were opened by Dato’ Wee Yiaw Hin, Executive Vice President, Exploration and Production, of PETRONAS, and Steven L. Newman, President and Chief Executive Off

about 15 years ago
Norway: Skarv Start-Up Put Off for 1Q 2012
Fossil Energy

Norway: Skarv Start-Up Put Off for 1Q 2012

Oil major BP said it had delayed the start-up of production from its Skarv oil and gas field off Norway until late in the first quarter of… By Walter Gibbs and Joachim Dagenborg (Reuters) [mappress] Source: Reuters, October 19, 2011

about 15 years ago
Ireland: Providence to Start Barryroe Appraisal Drilling Soon
Fossil Energy

Ireland: Providence to Start Barryroe Appraisal Drilling Soon

Providence Resources P.l.c., („Providence‟) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an update on its upcoming appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. *The Barryroe partners have been awarde

about 15 years ago
ES Group to Construct Jack-Up Rig Blocks for Leading Singapore Shipyard
Fossil Energy

ES Group to Construct Jack-Up Rig Blocks for Leading Singapore Shipyard

Catalist-listed ES Group (Holdings) Limited (the “Company”, together with its subsidiaries, “ES Group” or the “Group”) announced today that its wholly-owned subsidiary, ES Offshore Engineering Pte. Ltd. has won another order to construct two jack-up drilling rig blocks for a major Singapore shipyard

about 15 years ago
Norway: Statoil Seeks Buyers for Huldra Platform
Fossil Energy

Norway: Statoil Seeks Buyers for Huldra Platform

The Huldra field is being depleted. What’s left is a fully adequate and solid platform. Any buyers? Must a platform be scrapped after use? Couldn’t it be moved to a new area? The Huldra platform has been producing in the North Sea since 2001, and is still a modern platform with many possibilities. T

about 15 years ago
Norway: Teekay Buying Sevan FPSOs for USD 823 Million
Fossil Energy

Norway: Teekay Buying Sevan FPSOs for USD 823 Million

Teekay Corp , a marine crude oil and petroleum product transporter, will spend up to $823 million to buy three floating production storage a… Source: Reuters [mappress] Source: Reuters, October 19, 2011;

about 15 years ago
France: Shift Taking Place in Energy Industry, Says Petrobras CEO
Fossil Energy

France: Shift Taking Place in Energy Industry, Says Petrobras CEO

Petrobras CEO, José Sergio Gabrielli de Azevedo, said that Brazil will be one of the main contributors to the increase of oil supply in the global market and stressed that demand continues to increase in developing nations. This Tuesday (Oct 18) Mr. Gabrielli took part in a ministerial meeting organ

about 15 years ago
UK: IHC EB Wins Engineering Team of the Year Award
Fossil Energy

UK: IHC EB Wins Engineering Team of the Year Award

Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea

about 15 years ago
Norway: Faroe Petroleum’s Butch Prospect Successful
Fossil Energy

Norway: Faroe Petroleum’s Butch Prospect Successful

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea.

about 15 years ago
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