Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area. Map from Empyrean. The company finalized the preliminary…
CNOOC has signed a production sharing contract (PSC) with South Korea's SK Innovation for Block 17/08 in the South China Sea. Block 17/08 is in the Pearl River Mouth basin, covering a total area of 466sq km with a water depth of 100-130m…
Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for use of the PV Drilling jackup rig for KrisEnergy in the Gulf of Thailand. PV Drilling I jackup. Image from PV Drilling…
There is plenty of heavy oil to get out of the ground in Mexico, Brazil and Indonesia. Karen Boman surveys the work underway. The Peregrino FPSO at the Peregrino Field offshore Brazil. Photo from Statoil…
North Atlantic Drilling Ltd. (NADL) and Jurong Shipyard have agreed to form a joint asset holding company for joint ownership of the West Rigel semisubmersible drilling rig, with has seen several delivery delays. Should no employment…
Schlumberger’s WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multipurpose vessel (MPV)—a first in the industry, the company says. WG Vespucci. Image from Ultstein…
KrisEnergy has named Kelvin Tang, chief operating officer (COO) and president of the company’s Cambodian operations, as its new chief executive officer (CEO) effective 1 September 2017. Jeffrey S. MacDonald, who served as the interim CEO and board executive director since July 2016…
DOF Subsea has been awarded several global contracts, securing utilization for several vessels in the subsea IMR projects segment. In the Asia Pacific region and the Atlantic region, DOF Subsea has been awarded several contracts and work under existing frame agreements…
KrisEnergy and the Cambodian government have signed fiscal and technical agreements for Cambodia’s first oil field development at Cambodia Block A in the Gulf of Thailand. Cambodia Block A. Map from KrisEnergy…
The Dresser-Rand business, part of Siemens Power and Gas, was awarded two orders to supply power generation equipment for the Penglai and Dongfang projects, offshore China. At China National Offshore Oil Corp.’s (CNOOC) Penglai oil field in Bohai Bay…
KrisEnergy is set to sign a deal next week with the government of Cambodia for Cambodia Block A to develop the Aspara oil field. Map of Block A, from KrisEnergy. The company expects the deal to be signed on 23 August…
Mech-Tool Engineering Ltd. (MTE) will provide its on-site supervision and inspection services to facilitate the launch of the Hebron platform, which is scheduled to produce first oil by the end of 2017. Image from MTE…
SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…
Transocean seems to be shaping up with a busy quarter of reactivating rigs and extending contracts, as the offshore drilling contractor sets its sights on nearly 60 floater programs that could begin within the next 18 months. The Transocean Nautilus…
Caspian Sea focused Dragon Oil has awarded a US$100 million contract to offshore support vessel (OSV) firm Topaz Energy and Marine for use of six vessels. Dragon Oil is the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC)…