China News


Colloquy: Projections for 2014 and beyond

Jan 03, 2014

Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…

Technip agrees China JV

Dec 20, 2013

Technip and China's China Offshore Oil Engineering Co. Ltd (COOEC) have signed an joint-venture agreement in September. The five-year agreement will target deepwater engineering, procurement, construction and installation (EPCI) subsea umbilicals risers…

Keppel starts building CAN DO design

Dec 12, 2013

Keppel FELS Ltd has said it is to start building its CAN DO drillship design, with a 2016 completeion date. No secure contract has been secured for the vessel yet. Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M)…

GE powers Logitel unit

Dec 12, 2013

GE's Power Conversion business is to supply of dynamic positioning (DP) for a floating accommodation unit being built by Cosco (Nantong) Shipyard in Nantong City, China. The vessel is being built for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner…

Global Briefs: December 2013

Nov 27, 2013

CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…

Global Briefs: November 2013

Nov 07, 2013

Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…

Colloquy: High-performance computing

Nov 06, 2013

Colloquy: Editor’s Column BP will invest US$100 million in high-performance computing over five years, and part of that is being spent on a new facility at the Westlake campus in Houston, housing the world’s largest super computer for…

Global oil's structural shift

Nov 05, 2013

Dana Petroleum group CEO Marcus Richards believes the oil industry is seeing a structural shift. He gave his personal views at a UK Chatham House event:  I would like address the questions raised by the shift in oil demand to industrialized economies in terms of energy security…

COSL wins 3 new orders

Nov 01, 2013

China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co…

Ulstein marks 100th design

Oct 31, 2013

Ulstein has been awarded a ship design contract from Vroon Offshore Services, taking the total number of offshore ship designs it has sold in 14 years to more than 100. Of the designs sold, 74 were for Ulstein's X–BOW design, launched in 2005…

CNOOC's Suizhong 36-1 Phase II starts production

Oct 30, 2013

China’s CNOOC announced that the Suizhong 36-1 Phase II adjustment project has commenced production. The Suizhong 36-1 oil field is located in the south region of Liaodong Bay in Bohai in an average water depth of approximately 30m. Four…

Husky acquires deepwater seismic off Taiwan

Oct 24, 2013

Husky Energy reported today in its Q3 results that it has commenced work offshore Taiwan. The company has started acquiring 2D seismic data, surveying a deepwater exploration block off the island's southwest coast, at the northern margin of the South China Sea…

CNOOC duo in production

Oct 17, 2013

CNOOC Ltd started production at two of its offshore fields, the Wenchang 19-1 North and Weizhou 12-8 West. The Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130m…

New gas leak arrests Kashagan

Oct 11, 2013

For the second time since it produced first oil a month ago, a gas leak has sidelined Kashagan’s operations. The North Caspian Operating Company (NCOC) said that the leak was found on a pipeline running from the artificial D Island to the onshore Bolashak processing plant in Atyrau…

Altium, SKA announce partnership

Oct 10, 2013

Shangai's Altium Limited, recognized for its Smart System Design Automation, 3D PCB design, and embedded software development, announced a strategic partnership with Brazil-based reseller SKA Group. SKA, one of Brazil's largest resellers of Dassault Systems and SolidWorks products…

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