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Fossil Energy

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Kongsberg eBird Seismic System Nominated for Prestigious Design Award (Norway)
Fossil Energy

Kongsberg eBird Seismic System Nominated for Prestigious Design Award (Norway)

Kongsberg Seatex’s unique ‘eBird’ Seismic Streamer Control System has been nominated for the prestigious Honours Award for Design Excellence by the Norwegian Design Council (NDC). Kongsberg Seatex, Kongsberg Maritime’s specialist in position reference systems, and attitude determination, is one of f

about 15 years ago
Important Energy Agreement Inked in Riyadh, Saudi Arabia
Fossil Energy

Important Energy Agreement Inked in Riyadh, Saudi Arabia

Together with representatives from 78 countries, Norwegian State Secretary Per Rune Henriksen attended an Extraordinary Ministerial Meeting in the International Energy Forum (IEF) in Riyadh, Saudi Arabia on February 22, 2011. The ministerial meeting marked the 20th anniversary of the IEF cooperation

about 15 years ago
Brazil: OSX Initiates Engineering of Two Wellhead Platforms
Fossil Energy

Brazil: OSX Initiates Engineering of Two Wellhead Platforms

OSX initiates engineering services for wellhead platforms – the company’s order book moves foward with WHP-1 e WHP-2. OSX Leasing, a subsidiary of OSX Brazil, an EBX Group Company, initiates the basic engineering of two Wellhead Platforms (WHP-1 and WHP-2). The service will be delivered by Techint E

about 15 years ago
Australia: ROC Halts Production from Cliff Head Offshore Oil Field
Fossil Energy

Australia: ROC Halts Production from Cliff Head Offshore Oil Field

ROC advises that production from the Cliff Head oil field, offshore Western Australia, in which its subsidiary, Roc Oil (WA) Pty Ltd, holds a 37.5% participating interest, has been temporarily suspended since 17 February following advice from BP that it had identified organic chloride in Cliff Head

about 15 years ago
Eni Moves Saipem 10000 Drillship Back to Gawain-1 Well, Offshore Australia
Fossil Energy

Eni Moves Saipem 10000 Drillship Back to Gawain-1 Well, Offshore Australia

Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit,WA-362-P. that at 09:00 hours WST (Western Standard Time) on Wednesday, 23 February 2011, the Saipem 10000 drillship was returning to the well location after moving a

about 15 years ago
UK: Ensco Announces 4Q 2010 Results
Fossil Energy

UK: Ensco Announces 4Q 2010 Results

Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe

about 15 years ago
Spain: Repsol 2010 Net Income Surges to EUR 4.7 Billion
Fossil Energy

Spain: Repsol 2010 Net Income Surges to EUR 4.7 Billion

Repsol posted net income of 4.693 billion euros for 2010 compared to 1.559 billion euros in the previous year. Excluding extraordinary items, recurring net profit improved 54.9% to 2.360 billion euros. The 2010 earnings increase is mainly due to the good performance of the company’s ongoing activiti

about 15 years ago
Noble Corporation Secures LOI for Noble Jim Rig to Operate for Shell in GoM
Fossil Energy

Noble Corporation Secures LOI for Noble Jim Rig to Operate for Shell in GoM

Noble Corporation announced that the Company has secured a Letter of Intent (“LOI”) with a subsidiary of Royal Dutch Shell plc for the 12,000 foot ultra-deepwater semisubmersible Noble Jim Day to operate in the U.S. Gulf of Mexico. Under the terms contemplated by the LOI, the effective date of the c

about 15 years ago
Alexey Miller and Nicolas Sarkozy Discuss Russian-French Energy Sector Cooperation
Fossil Energy

Alexey Miller and Nicolas Sarkozy Discuss Russian-French Energy Sector Cooperation

Paris hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nicolas Sarkozy, President of France. The parties considered cooperation between Russia and France in the energy sector placing a special emphasis on the progress with joint projects of Gazpr

about 15 years ago
Australia: Origin Reports Strong Operational Performance
Fossil Energy

Australia: Origin Reports Strong Operational Performance

Origin Energy Limited (“Origin”) today reported that Underlying EBITDA was up 16 per cent to $818 million on the prior corresponding period. Importantly, Underlying EBITDA before exploration expenses was $915 million, up 26 per cent and Group operating cash flow after tax of $794 million was up 87 p

about 15 years ago
Aminex Gets Approval to Increase Working Interest in Nyuni PSA, Offshore Tanzania
Fossil Energy

Aminex Gets Approval to Increase Working Interest in Nyuni PSA, Offshore Tanzania

Aminex PLC announces that it has now received formal approval from the Tanzanian Ministry of Energy and Minerals to acquire an additional 15% working interest from Key Petroleum Ltd. (“Key”) in the Nyuni East Songo-Songo Production Sharing Agreement (“Nyuni PSA”) offshore Tanzania. The agreement wit

about 15 years ago
Norway: Siem Offshore Announces Acquisition of Large-Size PSV
Fossil Energy

Norway: Siem Offshore Announces Acquisition of Large-Size PSV

Siem Offshore As has agreed to acquire a large-size PSV of VS 485-design. The investment will be done through the 51% owned subsidiary Siem Meling Offshore DA at a price of NOK 345 million (USD 61.3 million) . The vessel will be partly financed by a debt facility of NOK 262 million. The vessel [&hel

about 15 years ago
USA: Saratoga Resumes Production From Little Bay Field
Fossil Energy

USA: Saratoga Resumes Production From Little Bay Field

Saratoga Resources, Inc. (the “Company”) announced that it has resumed production from its Little Bay Field in Saint Mary Parish, Louisiana. The resumption of production from the field follows completion of a workover on the A0311 #1 well and reactivation of the associated gas sales pipeline. Initia

about 15 years ago
Rolls-Royce Bags $81.2 MLN Deep Water Anchor Handling Equipment Contract for Vessels in Brazil
Fossil Energy

Rolls-Royce Bags $81.2 MLN Deep Water Anchor Handling Equipment Contract for Vessels in Brazil

Rolls-Royce, the global power systems company, has been awarded a contract by STX OSV Trading to supply technologically advanced anchor handling systems. The equipment will be installed on three vessels operated by offshore services company Norskan for use in deep water oil and gas fields off the co

about 15 years ago
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