Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…
Vard Holdings secured a contract worth about US$40 million for the design and construction of two additional module carrier vessels for Topaz Energy and Marine. The vessels, of VARD 9 21 design and measuring 123m by 16.5m, are sister…
China's CNOOC has started production from the Enping 18-1 oilfield in the Pearl River Mouth Basin of the South China Sea. In addition to fully utilize the existing facilities of Enping 24-2 oilfield, the project teamed up with Enping 23-1…
CGG says final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multiclient survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia is available. Phase 2 is due to complete by Q4…
Santos and its partners have decided to go ahead with the Sampang Sustainability Project (SPP), a project to extend the life of the Sampang area fields, off East Java, Indonesia, to at least 2020. The project will involve switching the…
FMC Technologies has installed and tested its annulus monitoring system (AMS) in an offshore well in Malaysia owned by Petronas. A winner of the 2015 Offshore Technology Conference Spotlight on New Technology award, FMC Technologies’…
PT Medco Energi Internasional has agreed to acquire two subsidiaries of ConocoPhillips, seeing it take over the South Natuna Sea Block B production sharing contract, offshore Indonesia, with a 40% working interest. Image from ConocoPhillips…
Mubadala Petroleum has completed drilling operations at the MNA-17 appraisal well in the Manora oilfield in the Gulf of Thailand, according to partner Tap Oil. The Manora Oil Development joint venture was able to appraise the 500 series sands and assess a separate untested fault block…
Ophir Energy restarted production at the Bualuang field in the Gulf of Thailand on 2 September after a 10-day shut down, following the completion of the final tie-in work of a water debottlenecking project. This was a highly complex brownfield…
CNOOC Ltd. started production at the Weizhou 6-9/6-10 comprehensive adjustment project in the South China Sea. The Weizhou field is in the Beibu Gulf at about 35m water depth. In addition to fully utilizing the existing facilities of Weizhou 6-9/6-10…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
Bumi Armada’s chief financial officer (CFO) Kenneth Murdoch, will step down from his role on 17 November 2016. Pierre Savy has been nominated as the acting CFO and will start in his new role with immediate effect. Murdoch will support Savy during this transition period…
Thailand's Mermaid Maritime has won two contracts worth some US$5.1 million in Southeast Asia. The company said the first contract, scheduled to begin in Q1 2017, is with an international upstream company for installation works in the Natuna Sea…
SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…