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Fossil Energy

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Namibia: UNX Eenergy Signs 3D Seismic Contract with Polarcus
Fossil Energy

Namibia: UNX Eenergy Signs 3D Seismic Contract with Polarcus

UNX Energy Corp., an emerging oil and gas company with interests offshore Namibia, has signed a 3D seismic contract with Polarcus Limited . UNX plans to acquire 1,460 km2 of 3D seismic in the 90%-owned 2713 blocks in offshore Namibia. The 3D seismic program is targeted over a very large feature with

about 15 years ago
Norway: Statoil Gets Green Light For Drilling in Production Licence 035
Fossil Energy

Norway: Statoil Gets Green Light For Drilling in Production Licence 035

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-8 S, cf. Section 8 of the Resource Management Regulations. Well 30/11-8 S will be drilled from the drilling facility Ocean Vanguard in position 60°13’3.03” north and 2°29’22.20” east. The drilling p

about 15 years ago
Petrobras Oil Production in Brazil Rose 6.8% in December and Set a Record
Fossil Energy

Petrobras Oil Production in Brazil Rose 6.8% in December and Set a Record

Petrobras’ average oil production in Brazil, in December, reached a record volume of 2,121,584 barrels/day, surpassing the previous record, of 2,032,260 bpd, set in April 2010, by 89,000 barrels. This volume was 6.8% higher than in the same period of 2009, and 4.5% more than last November. Last mont

about 15 years ago
USA: Helix Chief Operating Officer Steps Down
Fossil Energy

USA: Helix Chief Operating Officer Steps Down

Helix Energy Solutions Group, Inc. announced today that Bart Heijermans has resigned as Executive Vice President and Chief Operating Officer effective January 21, 2011. Mr. Heijermans’ duties will be assumed by Owen Kratz and other members of senior management. Owen Kratz, Helix’s President and Chie

about 15 years ago
USA: Hyperdynamics Announces Termination of Letter of Intent and Updates Plans
Fossil Energy

USA: Hyperdynamics Announces Termination of Letter of Intent and Updates Plans

Hyperdynamics Corporation today announced that the non-binding Letter of Intent it signed with a large independent oil and gas company has been terminated. The announcement of the Letter of Intent was made by Hyperdynamics on December 16, 2010. “We are pleased with the quality of the processed 3D se

about 15 years ago
Fairmount Marine Commences Tow of Ultra Large FPSO Pazflor to Angola
Fossil Energy

Fairmount Marine Commences Tow of Ultra Large FPSO Pazflor to Angola

Three tugs of FAIRMOUNT MARINE have recently started the tow of floating production storage and offloading unit Pazflor from Korea to Angola. Under command of lead tow master captain Wim van der Kort the tugs FAIRMOUNT EXPEDITION, FAIRMOUNT GLACIER and FAIRMOUNT ALPINE departed from Daewoo Shipbuild

about 15 years ago
UAE: MIS Appoints New Group Sales Director
Fossil Energy

UAE: MIS Appoints New Group Sales Director

Appointment in line with company’s aggressive growth strategy UAE-based MIS Group (Maritime Industrial Services), a diversified engineering and contracting group focused on the energy sector, announces the appointment of Colin Anthony Jones as its new Group Sales Director, a move bolstering the comp

about 15 years ago
Denmark: Maersk Oil Acquires Zero Emission Technology Rights
Fossil Energy

Denmark: Maersk Oil Acquires Zero Emission Technology Rights

Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has acquired licences to Clean Energy System’s Oxy-Fuel technology that allows zero-emission power generation in combination with oil and gas projects. The Oxy-Fuel technology uses pure oxygen to combust natural gas or other fuels to p

about 15 years ago
The Netherlands: Fairstar Heavy Transport Clinches New Contract for the FJORD
Fossil Energy

The Netherlands: Fairstar Heavy Transport Clinches New Contract for the FJORD

Fairstar Heavy Transport NV (FAIR) has been awarded a contract by Grinaker – LTA Construction Nigeria Ltd., Nigeria, a member of the Worley Parsons Group. The Fairstar semi-submersible vessel FJORD departed from its home port in Rotterdam on January 21 and is now sailing to a rendezvous point in the

about 15 years ago
Maersk Oil: Billion Dollar Project Reaches Major Milestone (Brazil)
Fossil Energy

Maersk Oil: Billion Dollar Project Reaches Major Milestone (Brazil)

The floating production unit Maersk Peregrino is in position and ready to work in the booming Brazilian offshore market. The transformation is the pinnacle of a comprehensive process and succeeded only due to excellent partnership and teamwork. The Maersk Peregrino, which comes with a price tag on t

about 15 years ago
DOF Subsea UK Secures Contracts with Saipem for Kizomba Field Off Angola
Fossil Energy

DOF Subsea UK Secures Contracts with Saipem for Kizomba Field Off Angola

DOF Subsea AS’s subsidiary, the Aberdeen-based specialist subsea service company DOF Subsea UK has been awarded multiple contracts with Saipem. The first award is for the design and provision of 35 Subsea Transponder Frames for installation in the Kizomba Field, Angola. The second award is with Saip

about 15 years ago
Sweden: Lundin Petroleum Announces Capital Expenditure Budget of $540 M in 2011
Fossil Energy

Sweden: Lundin Petroleum Announces Capital Expenditure Budget of $540 M in 2011

Lundin Petroleum AB announces the details of its USD 540 million development and exploration budget for 2011. The budget represents a 38 percent increase on the forecast 2010 capital expenditure. The development budget for 2011 is USD 240 million with a major focus on development activities in Norwa

about 15 years ago
Cyprus: Songa Offshore Increases the Ownership in Deepwater Driller Ltd
Fossil Energy

Cyprus: Songa Offshore Increases the Ownership in Deepwater Driller Ltd

Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater sem

about 15 years ago
China: FMC Technologies Wins $85 Million Order for CNOOC*s Liuhua 4-1 Development
Fossil Energy

China: FMC Technologies Wins $85 Million Order for CNOOC*s Liuhua 4-1 Development

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with China National Offshore Oil Corporation ( CNOOC ) for the manufacture and supply of subsea production equipment for the Liuhua 4-1 development project. The award has a value of approximately $85 million in revenu

about 15 years ago
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