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Fossil Energy

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UK: North Sea Platform Run by BG Group Evacuated After Gas Leak
Fossil Energy

UK: North Sea Platform Run by BG Group Evacuated After Gas Leak

Nearly 40 oil workers have been taken off a North Sea platform. Two helicopters evacuated 38 non-essential staff from the North Everest … By Ryan Crighton(ThePress&Journal) [mappress] Source:Pressandjournal, February 10, 2011;

about 15 years ago
Australia: Gorgon Project Safety Under Fire After Near Sinking off Barrow Island
Fossil Energy

Australia: Gorgon Project Safety Under Fire After Near Sinking off Barrow Island

Unions are up in arms after yet another safety incident on the $43billion dollar Gorgon project, which could well have ended in tragedy. On Sunday, February 6, the multi-cat vessel Boskalis BKM 102 was working on the Gorgon Project off Barrow Island at 9.30pm when it ran over the dredge anchor, ripp

about 15 years ago
USA: Governor Stops New Jersey Offshore Pipeline Proposal
Fossil Energy

USA: Governor Stops New Jersey Offshore Pipeline Proposal

Governor Chris Christie(photo( has vetoed a proposal that would allow a liquified natural gas terminal off the coast of New Jersey in a … By Tom Dunphy (BrickPatch) [mappress] Source:Brickpatch, February 10, 2011;

about 15 years ago
Norway: Remora HiLoad DP Completes Final Sea Trials with KONGSBERG DP in Control
Fossil Energy

Norway: Remora HiLoad DP Completes Final Sea Trials with KONGSBERG DP in Control

The 27th January 2011 was a milestone in the development of the unique Remora HiLoad DP as it completed its final sea trials before live field implementation. HiLoad is a revolutionary deepwater offshore loading terminal, made possible by innovative vessel design and the use of a cutting-edge Kongsb

about 15 years ago
UK: Awilco Drilling Signs MOU with SPD for the Provision of WilHunter Semi-submersible Rig
Fossil Energy

UK: Awilco Drilling Signs MOU with SPD for the Provision of WilHunter Semi-submersible Rig

Awilco Drilling Limited has entered into a Memorandum of Understanding (MOU) with SPD Limited for the semi-submersible drilling rig, WilHunter. The MOU is for 1 firm and 6 optional wells in the UK . Awilco Drilling also confirms that it has signed a Letter of Intent (LOI) with Nautical Petroleum PLC

about 15 years ago
USA: Noble Energy Reports Strong 4Q and Full Year 2010 Results
Fossil Energy

USA: Noble Energy Reports Strong 4Q and Full Year 2010 Results

Noble Energy, Inc. reported today fourth quarter 2010 net income of $52 million, or $0.29 per share diluted, on revenues of $783 million. Included in net income for the quarter were a few items which are typically not considered by analysts in published estimates. Excluding the impact of these items

about 15 years ago
UK: Subsea 7 S.A Director Wins The Outstanding Achievement Award at a Prestigious Event
Fossil Energy

UK: Subsea 7 S.A Director Wins The Outstanding Achievement Award at a Prestigious Event

Mel Fitzgerald, Director of Subsea 7 S.A. and former Chief Executive Officer of Subsea 7, was last night recognised for his significant and positive impact on the subsea sector. The Outstanding Achievement award was made by Subsea UK at its annual Subsea Business Awards in Aberdeen, UK. Bill Edgar,

about 15 years ago
Russia: SCF Group Expands Fleet to Support Sakhalin-1 and Sakhalin-2 Projects
Fossil Energy

Russia: SCF Group Expands Fleet to Support Sakhalin-1 and Sakhalin-2 Projects

SCF Group acquires six Aframax shuttle-tankers from OAO Primorsk Shipping Company (PRISCO Corporation) and expands its participation in servicing the Sakhalin-1 and Sakhalin-2 projects. Of the six crude-oil shuttle-tankers, Captain Kostichev, Viktor Titov, Zaliv Aniva, Sakhalin Island and Governor F

about 15 years ago
UK: BMT Recognised Amongst Top 100 Fastest Growing Companies in Europe
Fossil Energy

UK: BMT Recognised Amongst Top 100 Fastest Growing Companies in Europe

BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been recognised for its outstanding achievements in generating sustainable growth and jobs by Europe’s 500, a non-profit organisation which promotes entrepreneurship. Former German Chancellor,

about 15 years ago
Norway: Ulstein Provides Complete Control Package for Four PSVs
Fossil Energy

Norway: Ulstein Provides Complete Control Package for Four PSVs

UPC will deliver a complete power and control package for four platform supply vessels. Two ships (P801) are under construction at ETP yard in Brazil, while two (PX121) are to be built at Ulstein Verft. Managing director, Gunnar H. Hide, and product manager power, Egil Rødskar, says that UPC has ove

about 15 years ago
Norway: Gullfaks C Incident Could Have Developed into Major Disaster
Fossil Energy

Norway: Gullfaks C Incident Could Have Developed into Major Disaster

Under slightly changed circumstances, a well control incident on the Statoil-operated Gullfaks C platform in the North Sea could have developed into a major accident. Problems had arisen with the same producer in December 2009 and March 2010 before the most serious incident occurred in the afternoon

about 15 years ago
Switzerland: Nord Stream Wins Project Finance Award
Fossil Energy

Switzerland: Nord Stream Wins Project Finance Award

Nord Stream has won the award for European mid-stream gas project of the year at this year’s Project Finance Awards ceremony. The awards recognise innovation, deal repeatability, best practice, problem solving, risk mitigation, value for money and speed of delivery in financing. Nord Stream was sing

about 15 years ago
Maersk Oil to Keep UK Installation Shut After Storm Damage
Fossil Energy

Maersk Oil to Keep UK Installation Shut After Storm Damage

Maersk Oil will keep its offshore Gryphon oil and gas installation shut for a considerable time after sustaining damage in a storm last week. The Gryphon Floating Production Storage and Offloading (FPSO) vessel is stable, all wells have been closed in and no oil spill has been seen. Work is continui

about 15 years ago
Norway: EMGS Announces 4Q 2010 Results. Expects to Move EM Market Forward in 2011
Fossil Energy

Norway: EMGS Announces 4Q 2010 Results. Expects to Move EM Market Forward in 2011

EMGS, the Norwegian based marine EM market leader, announces fourth quarter results 2010: Highlights in the fourth quarter 2010: •Total revenues at USD 27.2 million for the quarter •Negative EBITDA of USD 2.4 million •Shetland survey awarded by Total E&P UK and DONG Energy •Steady stream of contract

about 15 years ago
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