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Fossil Energy

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UK: P&O Maritime Services Announces JV with Bangor University – Prince Madog Research Vessel
Fossil Energy

UK: P&O Maritime Services Announces JV with Bangor University – Prince Madog Research Vessel

P&O Maritime Services has acquired a 50% shareholding in a UK incorporated joint venture with the School of Ocean Sciences at Bangor University. Through this venture, known as P&O Maritime Ocean Sciences (POMOS), P&O Maritime Services has joint ownership of the Research Vessel Prince Madog and will

about 15 years ago
Azerbaijan: SOCAR President Receives Statoil Representatives
Fossil Energy

Azerbaijan: SOCAR President Receives Statoil Representatives

On Friday,January 14, SOCAR President Mr. Rovnag Abdullayev received the delegation led by Mr. Rune Bjørnson, Executive Vice President of Statoil on natural gas. Saluting the guests, Mr. Abdullayev congratulated them on occasion of the Christmas and New Year, and expressed his best wishes. SOCAR Pre

about 15 years ago
India: Essar Oil Limited Reports Strong Financial Performance
Fossil Energy

India: Essar Oil Limited Reports Strong Financial Performance

Essar Oil Ltd (EOL) today reported revenues of Rs 13,809 crore for the quarter ended 31 December 2010, an increase of 21 percent compared to the corresponding quarter in the last financial year. Revenues were boosted by higher crude prices and the refinery’s record throughput. At Rs 827 crore, EBITD

about 15 years ago
Norway: Ship Equip to Install SEVSAT on Varada Marine OSV Fleet
Fossil Energy

Norway: Ship Equip to Install SEVSAT on Varada Marine OSV Fleet

Ship Equip and Varada Marine has signed a contract to install SEVSAT on their whole fleet off Offshore Supply Vessels. Varada Marine who has its head office in Kristiansand, Norway has announced plans to become “one of the largest offshore support vessel companies in the world”, and has under way an

about 15 years ago
Egypt: Maridive Shares Dive on New Pipe-laying Barge Delivery Delays
Fossil Energy

Egypt: Maridive Shares Dive on New Pipe-laying Barge Delivery Delays

Shares in Maridive and Oil Services took a dip as delays in the delivery of its new pipe-laying barge are expected to cut into the … Source: The National.ae [mappress] Source: The National, January 17, 2011;

about 15 years ago
Russia: Gazprom, Japan Sign Cooperation Agreement
Fossil Energy

Russia: Gazprom, Japan Sign Cooperation Agreement

Alexey Miller(Photo), Chairman of the Gazprom’s Management Committee and Tetsuhiro Hosono, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry signed an Agreement of Cooperation. The Agreement envisages preparation of a joint fea

about 15 years ago
Singapore: Sembcorp Wins Newbuilding And Upgrading Contracts Worth $167 Million
Fossil Energy

Singapore: Sembcorp Wins Newbuilding And Upgrading Contracts Worth $167 Million

Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million(Approximately USD $ 167 million), reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings. The

about 15 years ago
Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility
Fossil Energy

Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility

BP Norge AS has exercised two three-month options for the continued use of the MSV Regalia and thereafter Safe Scandinavia (image) at the Valhall offshore facility in the Norwegian sector of the North Sea. The first three months commencing in July 2011 using the MSV Regalia will be in direct continu

about 15 years ago
NWest Energy Extends Exploration Licences Offshore Western Newfoundland
Fossil Energy

NWest Energy Extends Exploration Licences Offshore Western Newfoundland

NWest Energy Corp. announces that the Company has elected to extend Period I of each of offshore Exploration Licenses 1097 and 1098 to January 15, 2012 by posting a drilling deposit in the amount of $250,000 for each license with the Canada-Newfoundland and Labrador Offshore Petroleum Board. Failure

about 15 years ago
Norway: Farstad Bags Two PSV Charter Contracts
Fossil Energy

Norway: Farstad Bags Two PSV Charter Contracts

Farstad Shipping ASA has, on behalf of wholly owned subsidiaries, been awarded the following charter contracts: PSV Far Symphony(image) (2003, P105, 4.929 DWT) has been awarded a six (6) years firm contract by ConocoPhillips Skandinavia AS for support of their operation in the North Sea. Commencemen

about 15 years ago
Massive Source of Oil, Gas Discovered in South China Sea
Fossil Energy

Massive Source of Oil, Gas Discovered in South China Sea

Chinese geologists have detected ‘super-thick’ oil and gas-rich strata in the South China Sea and also identified 38 offshore oil and gas… Source: Beijing News [mappress] Source: BeijingNews, January 13, 2011;

about 15 years ago
Pazflor FPSO to Head for Angola
Fossil Energy

Pazflor FPSO to Head for Angola

The newbuild Pazflor floating production, storage offloading vessel is expected to sail away this month for Total-operated Block 17 in … Source: One India Money [mappress] Source: PrOne India Money, January 13, 2011;

about 15 years ago
Statoil: Natural Gas is Fit to Serve Energy Future of Europe
Fossil Energy

Statoil: Natural Gas is Fit to Serve Energy Future of Europe

Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “Natural

about 15 years ago
ConocoPhillips Puts Timor Sea Gas Fields Up For Sale
Fossil Energy

ConocoPhillips Puts Timor Sea Gas Fields Up For Sale

ConocoPhillips has put its controlling stake in the big Barossa and Caldita gas fields in the Timor Sea up for sale, throwing into doubt … By Peter Klinger (The West Australian) [mappress] Source: Prosafe, January 17, 2011;

about 15 years ago
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