Blue Ocean Drilling Ltd. (BOD) awarded China’s Shanghai Waigaoqiao Shipbuilding (SWS) a contract to build two Gusto MSC CJ50 high specification jackup rigs. Image from Blue Ocean Drilling. Upon the terms of agreement…
CNOOC discovered oil in its second Beibu Gulf well, WZ12-10-2, in Block 22/12, off the southern Chinese coast. The shallow-water (36m WD) location is about 1.6km (1mi.) east-northeast of the WZ12-8W platform and about 3.2km west-southwest of the previously drilled discovery well…
Chevron Thailand E&P Ltd. awarded Rolls Wood Group (RWG) a contract to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani Basin, 120 mi. from Thailand’s southern coastline…
Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…
CNOOC Ltd. began production on its Enping 24-2 oilfield in the Pearl River Mouth Basin off the South China Sea. Enping 24-2 has an average water depth of approximately 86m to 96m. The main production facilities include one drilling and production platform…
Lundin Petroleum began drilling at the Gobi-1 wildcat exploration well in the Gurita production sharing contract (PSC) offshore Indonesia. Map of Gurita PSC. From Nido. Gobi-1 is located in the West Natuna basin in the Natuna Sea…
Malaysian state-owned oil firm Petronas has bought Statoil’s stakes in the BP-operated Shah Deniz project from Norway’s Statoil for US$2.25 billion. Statoil says the move, which sees it exit the Shah Deniz project, is part of its portfolio management…
Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…
Marine Contracting's Houston outfit towed LLOG Exploration’s Delta House semisubmersible floating production system (FPS) to its operating site located in Mississippi Canyon 254 in the Gulf of Mexico. LLOG Delta House…
Yamgaz awarded a contract to Atlantic Gulf & Pacific Co. (AG&P) to supply process modules to the Yamal LNG plant, located in Sabetta, northeast of the Yamal Peninsula. Yamal LNG is the first LNG development venture in the Arctic, and is one of the largest LNG projects in the world…
Shell began its first deepwater development in Malaysia with the Gumusut-Kakap floating platform. Shell's Gumusut-Kakap. From Shell. The Gumusut-Kakap field is off the coast of Malaysia…
DeepOcean UK completed work on the Liwan 3-2 development offshore China. The project is part of the Liwan gas project, located 300km southeast of the Hong Kong, and includes the Liuhua 34-2 and Liuhua 29-1 fields. All three fields share a subsea production system…
CNOOC Ltd. began drilling the WZ12-10-2 well, the second and last of the two-well project in the Beibu Gulf Block 22/12, offshore China. Beibu map. From Horizon Oil. The exploration well is located 1…
Keppel Offshore & Marine Ltd. (Keppel O&M) wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd were awarded contracts worth approximately US$120 million. From Keppel Bumi…
Alan Thorpe examines the latest offshore construction vessels to enter the market. The two Island Offshore vessels in Lloyd Werft. Photo by Alan Thorpe. This Spring, Norway’s…