Yacheng field snapped up

BP has pulled out of Yacheng gas field in the South China Sea, selling its 34.3% stake to KUFPEC, a subsidiary of KPC, for US$308 million. Pending approval by CNOOC, the deal is expected to close 2H 2013.

Current News

US Offshore Wind: Outlook Strong Despite Construction Productivity Issues

US Offshore Wind: Outlook Stro

Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy

Bourbon Orders Exail Tech to S

Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot

Asso.subsea Wraps Up Subsea Ca

Dayrates Rise - Will More Energy Companies Buy Offshore Rigs?

Dayrates Rise - Will More Ener

Subscribe for OE Digital E‑News

Offshore Engineer Magazine