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Fossil Energy

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Business & Finance
Nord Stream Completes the Most Challenging Part of Natural Gas Pipeline through the Baltic Sea
Fossil Energy

Nord Stream Completes the Most Challenging Part of Natural Gas Pipeline through the Baltic Sea

Nord Stream today announced that the world’s largest pipelay vessel Solitaire (photo) has completed work on line 1 of the twin pipeline. Two of three sections of line 1 of the natural gas pipeline are now complete. In total, more than 83,300 pipe segments have been laid over a distance of 1,000 kilo

about 15 years ago
France: Total Announces Management Appointments
Fossil Energy

France: Total Announces Management Appointments

Total has announced the following appointments, effective March 1: Patrick Pouyanné, Senior Vice President, Strategy, Business Development and R&D in Exploration & Production, is appointed Deputy General Manager of the Chemicals Division and Deputy General Manager Petrochemicals. Olivier Cleret de L

about 15 years ago
Germany: Second New Building Vessel Type 183 Almost Completed for SAL
Fossil Energy

Germany: Second New Building Vessel Type 183 Almost Completed for SAL

In March 2011, SAL will put the second Type 183 into service. The vessel is already under construction at the Sietas shipyard in Hamburg. This innovative ship type will be the second heavy lift vessel in the market featuring 2 x 1,000 mtons SWL cranes while maintaining a high speed of 20 knots. The

about 15 years ago
Aminex Increases Stake in Nyuni PSA, Tanzania
Fossil Energy

Aminex Increases Stake in Nyuni PSA, Tanzania

Aminex PLC (‘Aminex’ or the ‘Company’) announces that it is proposing to increase its interest in the Nyuni Production Sharing Agreement in Tanzania (‘Nyuni PSA’) from 50% to 65% through a farm-in arrangement. Binding heads of agreement have been signed. Under the terms of the farm-in, Aminex will f

about 15 years ago
MV *Beluga Cape Town* Vessel; New South African Ambassador on the Seven Seas
Fossil Energy

MV *Beluga Cape Town* Vessel; New South African Ambassador on the Seven Seas

Brand new heavy-lift vessel MV “Beluga Cape Town” equipped for voyages to all points of the compass Cape Town is not only Africa’s southernmost metropolis but also the name of a brand new special vessel. The multipurpose heavy-lift project carrier unifies both, extraordinary performance and utmost e

about 15 years ago
PSA Norway Calls Companies to Find Solution for Noise Problems
Fossil Energy

PSA Norway Calls Companies to Find Solution for Noise Problems

The PSA calls for action and challenges the industry to launch effective measures to reduce noise problems in the petroleum activities. Discipline leader for working environment in the PSA, Sigve Knudsen, calls on the players to join forces to put an end to the noise problems in the petroleum activi

about 15 years ago
Cyprus: SeaBird Announces 2D Contract Awards Worth $20 Million Combined
Fossil Energy

Cyprus: SeaBird Announces 2D Contract Awards Worth $20 Million Combined

SeaBird Exploration Limited (‘SeaBird’ or ‘SBX’) provides a contract update regarding its business activities in the 2D and 3D shallow water as set out below; Following completion of a survey in Indonesia next week, Aquila Explorer has been awarded one contract and received a letter of intent for a

about 15 years ago
Cyprus: Songa Offshore Provides January Fleet Update
Fossil Energy

Cyprus: Songa Offshore Provides January Fleet Update

Songa Venus achieved operating efficiency of 99% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur achieved operating efficiency of 40% during the month. As per separate press release sent out 20 January 2011, the BOP and Marine Riser dropped to seabed during th

about 15 years ago
USA: Schlumberger Introduces New Multipole Sonic-While-Drilling Service
Fossil Energy

USA: Schlumberger Introduces New Multipole Sonic-While-Drilling Service

Schlumberger announced today the release of the SonicScope* 475 multipole sonic-while-drilling service. This new logging-while-drilling (LWD) service provides multipole measurements to consistently and reliably deliver compressional and shear data in all environments. SonicScope 475 is the only serv

about 15 years ago
PTTEP Continues to Operate its Assets in Australia
Fossil Energy

PTTEP Continues to Operate its Assets in Australia

PTT Exploration and Production Public Company Limited (PTTEP) today (4 February 2011) welcomed the announcement by Australia’s Minister for Resources and Energy, The Hon Martin Ferguson MP, that it can continue its E&P operations in Australia. The Australian Government’s decision recognises PTTEP’s

about 15 years ago
USA: Diamond Offshore Profit Drops
Fossil Energy

USA: Diamond Offshore Profit Drops

Diamond Offshore Drilling, Inc. today reported net income for the fourth quarter of 2010 of $241.7 million, or $1.74 per share on a diluted basis, compared with net income of $276.1 million, or $1.98 per share on a diluted basis, in the same period a year earlier. Revenues in the fourth quarter of 2

about 15 years ago
Statoil Gets Permission to Drill Near Snohvit Field, Offshore Norway
Fossil Energy

Statoil Gets Permission to Drill Near Snohvit Field, Offshore Norway

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7220/8-1, cf. Section 8 of the Resource Management Regulations. Well 7220/8-1 will be drilled from the drilling facility Polar Pioneer at position 72o 29` 28.92″ north and 20o 20´ 02.25″ east. The dri

about 15 years ago
Hess Earns U.S. National Safety Council Honors
Fossil Energy

Hess Earns U.S. National Safety Council Honors

Recognizing the significant commitment Hess has made to workplace safety, the U.S. National Safety Council (NSC) is honoring company Chairman and CEO John Hess among the “2011 CEOs Who Get It” in the February issue of Safety+Health magazine. Each year the publication recognizes CEOs who have made sa

about 15 years ago
UK: Wood Group Evaluating Sale of Well Support Division
Fossil Energy

UK: Wood Group Evaluating Sale of Well Support Division

In response to recent media speculation, Wood Group confirms that it is evaluating the possible sale of the Well Support division. These discussions may or may not lead to a transaction. A further announcement will be made if appropriate. Wood Group is a leading international energy services company

about 15 years ago
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