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Fossil Energy

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USA: Mustang Bags Detail Design for Chevron Jack & St. Malo Deepwater Facility
Fossil Energy

USA: Mustang Bags Detail Design for Chevron Jack & St. Malo Deepwater Facility

Mustang, a Wood Group company, has been selected by Chevron to perform detail design for topsides facilities for the Chevron Jack and St. Malo floating semi-submersible facility, to be located in approximately 7,000 feet of water in the Walker Ridge Area of the Gulf of Mexico. Mustang was chosen bas

about 16 years ago
Tunisia: ADX Energy Limited Discovers Hydrocarbons at Lambouka-1
Fossil Energy

Tunisia: ADX Energy Limited Discovers Hydrocarbons at Lambouka-1

ADX Energy Limited hydrocarbon bearing zones have been discovered in the Lambouka-1 well. Drilling and wire line logging operations on the well have now been concluded, having reached a total measured depth of 2,786 meters. Analysis of the final suite of wire line logs has supported earlier results

about 16 years ago
Norway: Several Design Weaknesses Found at Gjoa Semi-Sub Rig
Fossil Energy

Norway: Several Design Weaknesses Found at Gjoa Semi-Sub Rig

In connection with the completion of the semi-submersible Gjøa facility, several design weaknesses linked to ballasting and floating stability were found. The Petroleum Safety Authority (PSA) has now sent circular letters with information about this to companies responsible for the operation of semi

about 16 years ago
Ecosse Subsea Systems Sets Its Sights On Brazil
Fossil Energy

Ecosse Subsea Systems Sets Its Sights On Brazil

An Aberdeen-based subsea firm is making waves as an industry leader in the global supply of expert personnel – and has identified Brazil as its next target market. Following two trips to the South American country in recent months, Turriff-born Mike Wilson and his team at Ecosse Subsea Systems are p

about 16 years ago
USA: Macondo Well no Longer Constitutes a Threat
Fossil Energy

USA: Macondo Well no Longer Constitutes a Threat

The Macondo well, which spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico, has been secured and no longer … (bigpondnews) [mappress] Source: bigpondnews, September 06, 2010;

about 16 years ago
PetroVietnam Plans to Raise $301 Million in Initial Share Sale
Fossil Energy

PetroVietnam Plans to Raise $301 Million in Initial Share Sale

PetroVietnam Gas Corp., a unit of Vietnam Oil & Gas Group, plans to raise at least VND5.87 trillion (US$301 million) in an initial share sale that may take place next month, General Director Do Khang Ninh said in an interview. The company will sell 189.5 million shares, or a 10 percent stake, with a

about 16 years ago
UK: Transocean’s Offshore Managers from UK Unit Accused for Bullying
Fossil Energy

UK: Transocean’s Offshore Managers from UK Unit Accused for Bullying

Offshore managers at contract drilling giant Transocean’s UK unit have been accused of bullying, aggression, harassment, humiliation and … [mappress] Source: automatedtrader, September 6, 2010;

about 16 years ago
USA: Pride International Reaches an Agreement with BP
Fossil Energy

USA: Pride International Reaches an Agreement with BP

Pride International, a offshore drilling company, has reached an agreement with BP exploration & production to amend the contract for the… [mappress] Source: quote, September 6, 2010;

about 16 years ago
Norway: Statoil Gets License to Use Asgard B Facility
Fossil Energy

Norway: Statoil Gets License to Use Asgard B Facility

Statoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A. Åsgard consists of the deposits Mid

about 16 years ago
USA: Oil Prices Will Fluctuate Between $71 and $77 This Week
Fossil Energy

USA: Oil Prices Will Fluctuate Between $71 and $77 This Week

WTI oil may trade between $71 and $77 this week. Early last week, concerns that slowing economic growth in the United States could … [mappress] Source: indiatimes , September 6, 2010;

about 16 years ago
Falkland Islands: Ocean Guardian Drilling Rig Set at Location of Sea Lion
Fossil Energy

Falkland Islands: Ocean Guardian Drilling Rig Set at Location of Sea Lion

Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that the Ocean Guardian drilling rig is at the location of the Sea Lion 14/10-2 discovery well and that operations to carry out a flow test on the Sea Lion main and lower fans are underway. While testing

about 16 years ago
USA: Vantage Drilling’s First New Build Drillship Sets Sail for India
Fossil Energy

USA: Vantage Drilling’s First New Build Drillship Sets Sail for India

Houston-based Vantage Drilling’s first newbuild drillship, Platinum Explorer is due to set sail in November for India after undergoing commissioning at Daewoo Shipbuilding & Marine Engineering’s shipyard in Okpo, South Korea. Vantage owns 100% interest in Platinum Explorer after buying out Taiwan Ma

about 16 years ago
UK: Northern Offshore Appoints New Senior Vice President
Fossil Energy

UK: Northern Offshore Appoints New Senior Vice President

Northern Offshore, Ltd. announced today that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development. Gary W. Casswell, president and CEO, said, “Paul is a welcome addition to Northern Offshore. His broad experience in contracts, marketing, business deve

about 16 years ago
Philippines: Tindalo Operations Update
Fossil Energy

Philippines: Tindalo Operations Update

Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), advised that the Tindalo-1 well intervention and remediation programme has commenced. Since the previous update on 30 August 2010:  The support vessel M/V Pacific Ariki arrived at the Tindalo location on 5 September with t

about 16 years ago
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