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Fossil Energy

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Tunisia: ADX Energy Limited Provides Lambouka Operations Update
Fossil Energy

Tunisia: ADX Energy Limited Provides Lambouka Operations Update

ADX Energy Limited reports on Lambouka-1 Well operations update. Activities during the past week The 12 1/4″ hole section was successfully drilled to a total depth of 2,216m. The 9 5/8″ casing string has been run and cemented. The riser seal assembly and the BOP (blow out preventer) has been success

about 16 years ago
Malaysia: Aker Solutions Bags Two Kanowit Field Contracts Worth $50 Million
Fossil Energy

Malaysia: Aker Solutions Bags Two Kanowit Field Contracts Worth $50 Million

Aker Solutions, through its subsidiary in Malaysia – Aker Process Systems Asia Pacific (APSAP), has been awarded two subsea contracts from PETRONAS Carigali Sdn Bhd (PETRONAS Carigali). The first is a work order to supply subsea production system and services for the Kanowit field, while the second

about 16 years ago
BP Reports Nearly $400 Million in Claims Payments as Program Transitions to GCCF
Fossil Energy

BP Reports Nearly $400 Million in Claims Payments as Program Transitions to GCCF

BP, which has transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF), said today it made claim payments of nearly $400 million during the 16 weeks it managed claims related to the oil spill in the Gulf of Mexico. BP noted the following claims activity since

about 16 years ago
HB Rentals Secures Four Modules Contract Offshore Norway
Fossil Energy

HB Rentals Secures Four Modules Contract Offshore Norway

HB Rentals has secured a contract for four modules offshore Norway and announced a significant investment in its fleet. HB Rentals has agreed a long-term lease contract with Prosafe to supply four 20ftx8ft A60 Zone II Norsok office modules for the Valhall platform in a £250,000 deal. The company has

about 16 years ago
Italy: Saipem Announces Jacques Yves Leost*s Resignation from Board of Directors
Fossil Energy

Italy: Saipem Announces Jacques Yves Leost*s Resignation from Board of Directors

Saipem announces that Mr. Jacques Yves Léost will leave the company and resign as a board director of Saipem S.p.A. to pursue new professional opportunities. Mr Léost was appointed by Eni shareholder at the Shareholders’ Meeting of 28th April 2008. Saipem thanks Mr. Léost for his valuable profession

about 16 years ago
Australia: AWE Declares Year 2010 a Disappointing One for the Company
Fossil Energy

Australia: AWE Declares Year 2010 a Disappointing One for the Company

A strong underlying performance by the company’s core production operations have been offset by exploration write-offs and one-off abnormal items. As a result, in the year to June 30, 2010, AWE reported a statutory net loss after tax of $28.9 million. The exploration write-offs ($113.1 million) are

about 16 years ago
San Leon Energy plc Completes Slyne 3D Acquisition Offshore Ireland
Fossil Energy

San Leon Energy plc Completes Slyne 3D Acquisition Offshore Ireland

The Ramford Vanguard left Killybegs, August 3rd and successfully completed the 3D acquisition over the Slyne licence at a cost of just under $6 million dollars. Slyne 3D Acquisition Completed – Atlantic Margin, West Coast of Ireland San Leon Energy plc (“San Leon” or the “Company”) and its partner,

about 16 years ago
USA: New Grant Thornton Study Explores Impact of Oil Spill on Deepwater Exploration and Production Businesses
Fossil Energy

USA: New Grant Thornton Study Explores Impact of Oil Spill on Deepwater Exploration and Production Businesses

Grant Thornton LLP’s Corporate Advisory & Restructuring Services (CARS) today announced the release of The implications of the oil spill on deepwater exploration and production That is a study outlining the ramifications stemming from BP’s Macondo well disaster for energy exploration and production

about 16 years ago
UAE: Lamprell Doubles Interim Orders to $836 million
Fossil Energy

UAE: Lamprell Doubles Interim Orders to $836 million

Oil, gas and renewables engineering specialist Lamprell has doubled interim orders to $836 million (£535 million), despite falling turnover. [mappress] Source: Growthbusiness, August 23, 2010:

about 16 years ago
Norway: Grenland Group Gets LOI from FMC Technologies Kongsberg on Kirinskoye Development
Fossil Energy

Norway: Grenland Group Gets LOI from FMC Technologies Kongsberg on Kirinskoye Development

Grenland Group has received a letter of intent from FMC Technologies to fabricate and deliver one manifold and foundation, as well as two protection structures. The equipment is part of FMC’s recent agreement with Gazprom Dobycha Shelf LLC to manufacture and supply subsea production equipment for th

about 16 years ago
USA: 4th Round of Public Hearings on GoM Disaster Begins Today
Fossil Energy

USA: 4th Round of Public Hearings on GoM Disaster Begins Today

BP’s Macondo well may have stopped leaking, but a federal investigative panel this week will continue searching for answers into the … By Brett Clanton (chron) [mappress] Source:chron , August 23 , 2010;

about 16 years ago
UK: Sevan and E.ON Ruhrgas Agree to Extend Letter of Intent for Huntington Project
Fossil Energy

UK: Sevan and E.ON Ruhrgas Agree to Extend Letter of Intent for Huntington Project

Sevan Marine ASA and E.ON Ruhrgas UK E&P Limited (“E.ON”) as operator of the Huntington project have made good progress in the commercial agreements for the lease of the FPSO Sevan Voyageur. Huntington is operated by E.ON with an equity share of (25%). The other joint venture partners are Premier Oi

about 16 years ago
Norway: IOS Offshore to be Renamed IOS InterMoor AS
Fossil Energy

Norway: IOS Offshore to be Renamed IOS InterMoor AS

InterMoor, an Acteon company, has announced that Acteon’s recently acquired subsidiary, IOS Offshore AS, will now be known as IOS InterMoor AS in a move which closely aligns the business with InterMoor’s globally recognized mooring business. Established in 1986, IOS Offshore is a leading supplier of

about 16 years ago
Angola: FMC Technologies Receives $36 Million Call-Off from Total
Fossil Energy

Angola: FMC Technologies Receives $36 Million Call-Off from Total

FMC Technologies, Inc. announced today that it has received a call-off order from Total Exploration & Production Angola for the manufacture and supply of additional subsea production equipment. The call-off is for one option included in an existing contract and has a value of approximately $36 milli

about 16 years ago
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