Soco International News


SOCO signs PSC for offshore central Vietnam

Oct 30, 2017

SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…

Hoang Long resumes Vietnam drilling

Mar 13, 2017

The Hoang Long Joint Operating Co. resumed the 2017 Te Giac Trang (TGT) drilling program, offshore Vietnam, according to partner SOCO International. The Te Giac Trang Field of Block 16-1, is in the shallow water Cuu Long Basin, offshore southern Vietnam…

TGT full field development approved off Vietnam

Feb 16, 2017

An updated full field development plan (FFDP) for the Te Giac Trang (TGT) field, offshore southern Vietnam, has been approved by the country's government.  The FFDP was formally submitted to the relevant authorities in Q4 2016, says partner in the Hoang Long joint operating company…

Subsea Expo: International expansion agenda

Jan 26, 2017

With UK subsea exports valued at almost US$6.31 billion (£5 billion), Subsea UK is encouraging British firms to set their sights on international expansion to sustain long-term growth.  The industry body is urging companies to strengthen trade partnerships across the globe…

Dynamic inks Aramco Arabian Gulf work

Jan 25, 2017

Dynamic Industries Saudi Arabia (Dynamic Saudi Arabia), headquartered in Al-Khobar KSA, and Houston-headquartered Dynamic Industries International (Dynamic International), have been awarded a major offshore project under their long-term agreement with Saudi Aramco…

PVD spuds well, TGT campaign begins

Nov 07, 2016

The 2016 development drilling program offshore southern Vietnam on the Te Giac Trang (TGT) Field of Block 16-1 has commenced, announced SOCO.  The infill wells, TGT-27P and TGT-28P, will be batch drilled with the first well spudded on…

FES delivers DBSCs to Altanta field

Oct 06, 2016

FES International delivered nine diverless bend stiffener connectors (DBSC) to the Atlanta field in the Santos Basin, offshore Brazil, operated by Queiroz Galvão Exploração e Produção (QGEP). The DBSCs, a part of a multi-million dollar contract between FES and QGEP…

Anadarko names two new EVPs

Aug 23, 2016

Anadarko Petroleum has appointed two of its executives as its new executive vice president of operations, and executive vice president, international and deepwater exploration. Hollek. Image from Anadarko…

WellPerform buys Chris Dykes International

Apr 07, 2016

UK-based well examination services firm Chris Dykes International has been acquired by Danish well management company WellPerform.  Established by Chris Dykes in 2002, following a career with oil majors and the UK's Health and Safety Executive…

SOCO's Congo well dry

Feb 26, 2016

London-based SOCO International's Baobab Marine-1 commitment well is to be plugged and abandoned after finding no oil or gas.  The well was drilled on the Mer Profonde Sud Block, in the Lower Congo Basin, offshore Congo. Drilling…

SOCO spins bit on RR Prospect

Feb 09, 2016

London-based explorer SOCO has started drilling the Baobab Marine-1 (BABM-1) well on the Mer Profonde Sud Block, in the Lower Congo Basin, offshore Congo. The BABM-1 well, to be drilled on the RR Prospect, is targeting stacked early Miocene…

Subsea Expo: Umbilicals expansion in Glasgow

Feb 03, 2016

Surface to seabed specialist, Seanamic Group, is expanding its global umbilicals business with a new Umbilical International facility in Glasgow, the frim revealed at Subsea Expo in Aberdeen. Image from Seanamic Group…

SOCO marks H5 start-up off Vietnam

Aug 13, 2015

First oil and gas was produced from the H5 wellhead platform (H5-WHP) on the Te Giac Trang (TGT) field 10 August offshore Vietnam, says SOCO.   The start of production was achieved one month ahead of schedule and the H5 development project has been completed with zero lost time accidents…

Soco signs Vietnamese MOU

Aug 06, 2015

Soco International has signed a memorandum of understanding with PetroVietnam and SOVICO Holdings over potential exploration and production on Blocks 125-126, offshore Vietnam. Soco president and CEO Ed Story said: “SOCO began evaluation…

Dynamic Industries International wins Angola work

May 19, 2015

Dynamic Industries International received authorization to begin work in Angola. The scope of work includes the fabrication of piping spools for a client’s produced water upgrade project.  Roger Westerlind, executive VP and chief…

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