Offshore Asia News - page 265


ION Geophysical opens new facility

Jul 24, 2013

ION Geophysical Corp. established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience…

BassDrill undergoes name change

Jul 23, 2013

Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd.  This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…

Hallin Marine awarded subsea construction project

Jul 23, 2013

Hallin Marine, a Superior Energy Services company, announced the receipt of a project off the northwest coast of Java. It centers on the installation of new control taps and a bypass for the main pipeline, which supplies 60% of Jakarta's gas requirements…

North Caspian Consortium announces milestone for Kashagan start-up

Jul 23, 2013

The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield…

SOCO hits in block 16-1 off Vietnam

Jul 22, 2013

SOCO International announced that its TGT-10X exploration well in Te Giac Trang (TGT) field in block 16-1 off southern Vietnam cut 117m of net pay (250m gross pay), after drilling to 4226m MD. This is the first well drilled into the Oligocene D2 section in the H5 fault block of the field…

West Tellus wins first contract with Chevron

Jul 22, 2013

Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…

Mooring line failures attract industry attention

Jul 16, 2013

Mooring lines on floating production systems continue to fail, costing the industry lost time and production— why and what is being done? Elaine Maslin reports. The use of floating production systems in the offshore oil and gas industry…

Fabricating an 8-leg launch jacket in record time

Jul 16, 2013

Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…

BP, CNOOC sign new PSC

Jul 16, 2013

BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…

Premier sells Vietnam subsidiary

Jul 16, 2013

London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…

Thai prospect disappoints

Jul 15, 2013

Salamander Energy plc announced that its G4/50-4 exploration well on the Rayong prospect in the Gulf of Thailand has been plugged and abandoned following disappointing results. The well, which was drilled to a total vertical depth of 1889m by the Atwood Mako jackup…

Harkand builds ROV support vessel

Jul 12, 2013

Harkand is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar newbuild ROV support vessel and the appointment of a new general manager to lead future growth. The vessel, to be named Harkand Harmony…

Seabird bags LOA for Asian survey

Jul 11, 2013

SeaBird Exploration Plc. was awarded a 30-day contract for the Aquila Explorer from a company in the Asia Pacific region. The contract is valued at about US$3 million. The vessel  is currently working for another company in the region on…

SapuraKencana wins Malaysian EPCIC

Jul 11, 2013

SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, Kencana HL Sdn Bhd was awarded a three-year US $180 million contract from Trans Thai-Malaysia Sdn Bhd (TTM) to provide engineering, procurement, construction, installation, and commissioning…

C-MAR wins FMEA contract

Jul 11, 2013

C-MAR Group announced that it won a contract, worth over $500,000, to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. The agreement covers 16 Maridive DP vessels to be serviced from C-MAR’s Singapore…

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