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Fossil Energy

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Business & Finance
Norway: Grenland Group Enters LOI with Samsung Heavy for Valemon Platform
Fossil Energy

Norway: Grenland Group Enters LOI with Samsung Heavy for Valemon Platform

Korean Samsung Heavy Industries Ltd. has entered into an agreement with Grenland Group for delivery of detailed engineering and fabrication services for the topside on Statoil’s wellhead platform Valemon. The project will start up immediately and will be completed in February 2014.The contract value

about 15 years ago
UK: Ithaca Suspends Jacky Field Well On Poor Result
Fossil Energy

UK: Ithaca Suspends Jacky Field Well On Poor Result

Ithaca Energy Inc. announces that the J03 well on the Jacky field (“the well”) has been suspended having encountered a smaller than anticipated oil column in the Beatrice ‘A’ Sand reservoir. Given the result of the well, technical work is ongoing to determine whether to re-enter the well and complet

about 15 years ago
The Netherlands: Dockwise COO Calls It Quits
Fossil Energy

The Netherlands: Dockwise COO Calls It Quits

Following his notice to the Group Board, Rob Strijland (1949) will retire as Chief Operating Officer effective June 1, 2011, Dockwise announced. Apart from the fact that Mr. Strijland wishes to develop other interests in the maritime industry, he will continue to assist Dockwise in a consulting capa

about 15 years ago
UAE: Lamprell Offers USD 336.1 Million for MIS Acquisition
Fossil Energy

UAE: Lamprell Offers USD 336.1 Million for MIS Acquisition

Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc.

about 15 years ago
Australia: Chevron, Go Offshore Agree Long Term Charter for UOS Discovery AHTS
Fossil Energy

Australia: Chevron, Go Offshore Agree Long Term Charter for UOS Discovery AHTS

Go Offshore recently announced that it has secured a long term contract with Chevron for its UOS Discovery AHTS . The 16,320 hp Anchor Handling Tug & Supply vessel will provide support for Chevron’s drilling activities off the North West Shelf of Australia. Initial firm period is 6 months. Go Offsho

about 15 years ago
Norway: Lundin Identifies Additional Resources at Tellus Prospect
Fossil Energy

Norway: Lundin Identifies Additional Resources at Tellus Prospect

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum), operator of PL338, has completed the sidetrack well 16/1-15A on the Tellus prospect. The objective of well 16/1-15A was to further appraise the Tellus discovery located in Block PL338. The well proved a 50 meter o

about 15 years ago
Qatar Petroleum Development Co. Starts Oil Production from A-Structure South Field
Fossil Energy

Qatar Petroleum Development Co. Starts Oil Production from A-Structure South Field

It is announced that Qatar Petroleum Development Co., Ltd.(Japan) , which is a subsidiary of Cosmo Oil Co., Ltd. , commenced oil production from A-Structure South Field offshore Qatar, Middle East. Qatar Petroleum Development Co., Ltd.(Japan) (QPD) was established as the project company for the purp

about 15 years ago
UK: Sterling Announces Results of Cladhan Appraisal
Fossil Energy

UK: Sterling Announces Results of Cladhan Appraisal

Sterling Resources Ltd. (“Sterling” or the “Company”) announces the completion of drilling of the 210/30a-4Y well on Block 210/30a in the United Kingdom North Sea. This is the third well (second side-track) drilled in the current four well campaign to further appraise the extent of the Cladhan reser

about 15 years ago
Cyprus: Seabird Signs Seismic Acquisition Deal with Spectrum
Fossil Energy

Cyprus: Seabird Signs Seismic Acquisition Deal with Spectrum

SeaBird Exploration PLC (‘SeaBird” or “SBX”), the market leader in deepwater node seismic and high end 2D acquisition,announces the signing of a Frame Agreement with Spectrum ASA (“SPU”) for the acquisition of 2D seismic data to a minimum value of USD 23 million over a period of 36 months, and a Re-

about 15 years ago
USA: EMAS Completes Installation of 38km Umbilical for Shell in Gulf of Mexico
Fossil Energy

USA: EMAS Completes Installation of 38km Umbilical for Shell in Gulf of Mexico

EMAS AMC in Houston has recently completed the installation of 38km umbilical for Shell in the Gulf of Mexico. This project was the first to use a new 150mT Flexible Deployment System (FDS) onboard the BOA Sub C. The new FDS is capable of laying flexibles and umbilicals in water depths up to 3000m.

about 15 years ago
Hyperdynamics Seals Drilling Contract with Jasper Drilling for Operations Offshore Guinea
Fossil Energy

Hyperdynamics Seals Drilling Contract with Jasper Drilling for Operations Offshore Guinea

AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation , with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics’ concession offshore the Republic of Guinea. The Jasper Explorer is a modern Pe

about 15 years ago
India’s Varun Shipping to Supply Three AHTS Vessels to Petrobras, Brazil
Fossil Energy

India’s Varun Shipping to Supply Three AHTS Vessels to Petrobras, Brazil

Varun Shipping Company has signed Rs 690 crore (USD 153 million) four year contract with Brazil state firm Petrobras to supply three … Source: MoneyControl [mappress] Source: Money Control, May 18, 2011;

about 15 years ago
AGR to Undertake UK Drilling Campaign Using WilPhoenix Rig
Fossil Energy

AGR to Undertake UK Drilling Campaign Using WilPhoenix Rig

AGR Petroleum Services, Aberdeen, U.K., has reported it will undertake a multi-well, multiclient drilling campaign valued at £3 million on behalf of three international operators, utilizing the semisubmersible drilling rig WilPhoenix. The largest independent well management firm will drill four well

about 15 years ago
Gazprom Hosts Meeting on Russia, Vietnam Relationship in Energy Sector
Fossil Energy

Gazprom Hosts Meeting on Russia, Vietnam Relationship in Energy Sector

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Bui Dinh Dinh, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia. The meeting participants shared the opinion that relationship

about 15 years ago
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