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…
Two countries – Malaysia and Indonesia– hold nearly two-thirds of the region’s reserves, and national oil companies outstrip international oil companies in regional capex. According to the Infield Systems Offshore Asia Oil & Gas Market Report to 2017…
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…
The US-Russia Business Council (USRBC) held its 21st annual meeting on 29 October in Houston, Texas. Various panels discussed topics ranging from Russia’s global integration to its over-dependency on oil and gas to investment in the country…
Carigali Hess Operating Company Sdn. Bhd. awarded Allied Marine & Equipment Sdn. Bhd. (AME) a contract to provide subsea inspection to Carigali Hess’ facilities. AME is a subsidiary of Malaysia’s SapuraKencana Petroleum Berhad. Within the terms of the contract…
Thailand's PTT Exploration and Production Public Co. Ltd. (PTTEP) held a sail away ceremony for Zawtika Processing and Living Quarters Platform (ZPQ) on 5 October 2013 in Singapore. After the ceremony, the ZPQ sailed away from SMOE Pte. Ltd…
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…
Eni successfully completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, approximately 300km northwest of Darwin…
GE’s Energy Management Services business is extending the scope of its marine services training centers at key locations around the world. The training centers provide operator and maintenance training to GE customers and its own field service engineers for its Dynamic Positioning (DP) products…
Sevan Drilling ASA today (October 23) took delivery of the Sevan Louisiana from Cosco Quidong Shipyard in China. The drilling rig has a cylindrical hull design and will be capable of drilling in water depths to 10,000ft. Sevan Louisiana…
Newfield Exploration Co., based in The Woodlands, Texas, today announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash consideration of US$898 million…
Eni's Vietnam subisidiary, Eni Vietnam BV, has spud the Ca Ngu-1 exploration well off central Vietnam, partner KrisEnergy announced. The Ca Ngu-1 well, which is being drilled by the Songa Mercur semisubmersible rig, is located in the Gulf of Tonkin in Block 120…
IHC Merwede has signed a contract for the engineering, procurement and construction (EPC) delivery of an active heave compensation (AHC) system. The system will be designed for use in deepwater subsea installation of heavy modules in dynamic sea states…
Forces transforming the global energy industry are presenting both opportunities and challenges for Russia, according to senior government and industry figures at the World Energy Congress in Korea. Alexander Novak, Minister of Energy…
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…