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Fossil Energy

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USA: Atwood Oceanics, Inc. Announces Departure of Executive Officer
Fossil Energy

USA: Atwood Oceanics, Inc. Announces Departure of Executive Officer

ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (the “Company”), announced today that Mr. Alan Quintero, Senior Vice President – Operations, resigned from the Company on November 24, 2010 with effect as of close of business November 30, 2010 to pursue other career interests.

about 16 years ago
Falkland Islands: Dryships Signs Drilling Contract Worth $77 million
Fossil Energy

Falkland Islands: Dryships Signs Drilling Contract Worth $77 million

November 29, 2010 – DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc has signed definitive documentation following the p

about 16 years ago
Bermuda: Seadrill Generates 3rd quarter 2010 EBITDA of US$560 million
Fossil Energy

Bermuda: Seadrill Generates 3rd quarter 2010 EBITDA of US$560 million

Seadrill reports third quarter 2010 results: Highlights * Seadrill generates third quarter 2010 EBITDA of US$560 million * Seadrill reports third quarter 2010 net income of US$358 million and earnings per share of US$0.85 * Two ultra-deepwater and one jack-up newbuilds commence operations * Seadrill

about 16 years ago
Faroe Petroleum Secures Rig for Clapton Prospect Off Norway
Fossil Energy

Faroe Petroleum Secures Rig for Clapton Prospect Off Norway

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is announces that it has signed a rig contract securing the Maersk Guardian jack-up rig (photo) to drill the Clapton pros

about 16 years ago
A/S Norske Shell Drills Duster in Licence 392 Offshore Norway
Fossil Energy

A/S Norske Shell Drills Duster in Licence 392 Offshore Norway

A/S Norske Shell, operator of production licence 392, is in the process of completing the drilling of wildcat well 6603/5-1 S (Dalsnuten). The well has been drilled about 50 km northeast of the 6603/12-1 (Gro) gas discovery in the Norwegian Sea, and about 410 km west of Sandnessjøen. The objective o

about 16 years ago
Canada: Husky Energy Announces Major Strategic Growth Initiatives
Fossil Energy

Canada: Husky Energy Announces Major Strategic Growth Initiatives

Husky Energy Inc.announced today several cornerstone strategic initiatives intended to accelerate near-term production and reserve growth and to secure its medium and long-term growth opportunities. At the same time, the Company announced key elements of its financing plan, which is directed towards

about 16 years ago
Australia: Tap Looking Forward to Commencing the High-impact Zola-1 Well
Fossil Energy

Australia: Tap Looking Forward to Commencing the High-impact Zola-1 Well

Tap Oil Limited (“Tap”) is pleased to advise that the Operator of WA-290-P, Apache Northwest Pty Ltd (“Apache”) has advised that the Stena Clyde semi-submersible drilling rig is currently running anchors at the Zola-1 drilling location and the well is expected to spud in the next 24 hours. Once comm

about 16 years ago
The Netherlands: IHC Engineering Business and SAS to Deliver Lay System to McDermott International
Fossil Energy

The Netherlands: IHC Engineering Business and SAS to Deliver Lay System to McDermott International

The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoin

about 16 years ago
Norway: Bergen Group Confirms Contract for Rebuilding of Seismic Vessel
Fossil Energy

Norway: Bergen Group Confirms Contract for Rebuilding of Seismic Vessel

Reference is made to earlier announced LOI for rebuilding of the seismic vessel “Geowave Master” with a total estimated value of NOK 160 – 170 million(Approximately USD $ 24 million). Bergen Group has, through its subsidiary Bergen Group Halsnøy AS, now signed a final contract for this rebuilding. T

about 16 years ago
TGS Expands 2D Seismic Data in the Sundaland Margin, Offshore Indonesia
Fossil Energy

TGS Expands 2D Seismic Data in the Sundaland Margin, Offshore Indonesia

TGS announces a second 2D seismic survey offshore Indonesia Southwest Sumatra (SMi10) in the forearc basin along the Sundaland Margin. The survey will add 2,700 km of new 2D data to infill the existing 6,900 km of multi-client data acquired in 2009. The previous seismic in the area has revealed a th

about 16 years ago
AGR to Manage Exploration Drilling Offshore The Republic of Guinea
Fossil Energy

AGR to Manage Exploration Drilling Offshore The Republic of Guinea

Hyperdynamics Corporation announced that it signed a contract with AGR Peak Well Management Limited, based in Aberdeen, Scotland, to manage its exploration drilling project offshore the Republic of Guinea. AGR will handle well construction project management services, including logistics, tendering

about 16 years ago
Norway: Det norske Finds Indications of Gas in the Stirby Deep Prospect
Fossil Energy

Norway: Det norske Finds Indications of Gas in the Stirby Deep Prospect

Det norske oljeselskap ASA has as operator in PL 341, found indications of gas in the Stirby Deep prospect in the Viking Graben in the North Sea, 75 km south of Sleipner. The well data indicates gas/gas condensate under high pressure in a 70 meters thick sandstone with low porosity at 4870 meters be

about 16 years ago
Indonesia: Salamander Energy Announces Completion of Angklung-1 Exploration Well
Fossil Energy

Indonesia: Salamander Energy Announces Completion of Angklung-1 Exploration Well

Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Angklung-1 exploration well in the Bontang PSC, East Kalimantan, Indonesia, has been completed as an oil and gas discovery. Salamander is operator of the Bontang PSC with a 100% in

about 16 years ago
China: CNOOC Limited and BEH Jointly Made Capital Contributions in Bridas to Increase its Stake in PAE
Fossil Energy

China: CNOOC Limited and BEH Jointly Made Capital Contributions in Bridas to Increase its Stake in PAE

CNOOC Limited announced that Bridas Corporation (“Bridas”), a 50/50% joint venture between CNOOC International Limited (“CNOOC International”) and Bridas Energy Holdings (“BEH”), entered into a share purchase agreement with BP PLC(“BP”), pursuant to which Bridas will acquire 60% equity interest in P

about 16 years ago
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