China News


Fluor, COOEC form fabrication JV

Aug 20, 2015

Image: Zhuhai skidway and assembly yard/Fluor Fluor Corp. and Offshore Oil Engineering Co. (COOEC) have formed a new joint venture, COOEC Fluor Heavy Industries Co., Ltd. (CFHI)…

Primeline lines up East China Sea drilling

Aug 19, 2015

Primeline Energy has entered into a turnkey drilling contract with China Oilfield Service Ltd. (COSL) for its 2015 exploration program of two wells in Block 33/07 in the East China Sea. Under the terms of the drilling contract, COSL has…

Aqualis wins Chinese liftboat contract

Aug 05, 2015

Image from Aqualis Offshore Aqualis Offshore has been awarded a contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats…

Tackling geopolitics and oil prices

Aug 01, 2015

A busy week for global news mid-July sent crude prices plummeting. The agreement between the Greek government and European financial ministers left a lingering uncertainty hanging over the Eurozone, with several high profile organizations remaining openly critical of it…

Boundary disputes: South China Sea

Aug 01, 2015

Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…

COSL to drill for Primeline in East China Sea

Jul 27, 2015

Primeline Energy has contracted China Oilfield Service Co. (COSL) as drilling contractor for its Block 33/07 exploration program in the East China Sea. Primeline says the rig market has proved favorable with good availability of suitable rigs and competitive prices…

Shangdong, Northern deal goes ahead

Jul 16, 2015

The shareholders of Norwegian driller Northern Offshore approved a takeover deal by China's Shangdong Offshore. The acquisition will be done by amalgamation according to the law of Bermuda for US$0.96 per share, valuing Northern at $164…

Global seismic vessel roundup

Jul 07, 2015

Seismic vessels are the lifeblood of global offshore exploration efforts. Jeannie Stell searches for bright spots in the current global market of seismic vessel activity.  The Sanco Sword. From Dolphin Geophysical…

MacGregor cranes for liftboats

Jul 07, 2015

MacGregor, part of Cargotec, has won contracts for its new lattice boom cranes (LBC) from Merkers Offshore, successfully negotiated and procured through Marine Commerce in Singapore. Four 20015-6045 LBC cranes will be installed on two…

CNOOC starts Bozhong 28/34

Jun 30, 2015

CNOOC began production at its Bozhong 28/34 oilfields offshore China. The Bozhong 28/34 oilfields are located in Bohai Bay with an average water depth of approximately 22m. The project consists of three sub-projects, namely Bozhong 28-2S oilfields comprehensive adjustment project…

Petrobras scandal reaches Asia

Jun 25, 2015

The Petrobras Lava Jato (Car Wash) scandal is hitting Asia this week, as the names of two Singaporean shipbuilders are coming back into play for allegedly being linked to one of the largest oil and gas bribery and corruption waves to hit South America…

Baoham Offshore gets new vessels

Jun 17, 2015

Baoham Offshore (HK) Ltd. will acquire new vessels for its fleet, including a newbuild semisubmersible and liftboat, reports the American Bureau of Shipping. Baoham selected ABS to provide classification services for the newbuilds in China…

CNOOC’s Dongfang1-1 onstream

Jun 11, 2015

China National Offshore Oil Corp. (CNOOC) commenced production at the Dongfang1-1 gas field Phase I adjustment project ahead of schedule, in the South China Sea. Image from CNOOC. The…

Picking up wind

Jun 01, 2015

About US$336 billion (€300 billion) could be spent in offshore wind capex over the next 10 years, with cumulative capacity surpassing 57GW. Douglas Westwood’s Rachel Stonehouse explains. Cumulative offshore wind capacity is forecast to reach 57GW by 2024…

CNOOC in eastern South China Sea find

May 27, 2015

China National Offshore Oil Corp. (CNOOC) discovered a mid-sized oil find at Liuhua 20-2 in the eastern South China Sea. Oil was found at the LH20-2-1 well, located at the Liuhua 20-2 structure in Northern Slope Belt of Baiyun Sag in…

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