Image from Aqualis Offshore Aqualis Offshore has been awarded a contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats…
Baoham Offshore (HK) Ltd. will acquire new vessels for its fleet, including a newbuild semisubmersible and liftboat, reports the American Bureau of Shipping. Baoham selected ABS to provide classification services for the newbuilds in China…
Technip is to help design China's first tension leg platforms (TLPs) under a contract with joint venture partner China Offshore Oil Engineering Co. (COOEC). Image from CNOOC. The…
China National Offshore Oil Corp. (CNOOC), signed two production sharing contracts (PSCs) with SK Innovation Co., Ltd. (SK) for Blocks 04/20 and 17/03 in the South China Sea. The two blocks are located in the Pearl River Mouth basin. Block…
China National Offshore Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project. Xijiang 24-3 facility…
Brightoil Petroleum Ltd. is preparing to submit a formal bid to acquire all the issued shares of Newfield Global Inc., which holds 12% interest in Bohai Bay Block 05/36 and 49% interest in Pearl River Block 16/05, offshore China. According to Newfield…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
Chinese industrial conglomerate Fosun International Ltd. is buying Australia’s Roc Oil Co. Ltd. in an all-cash, A$474 million (US$441 million) transaction. Sydney-based Roc Oil has assets from Australia to Malaysia, China, and the UK North Sea…
Macgregor, a Cargotec company, has secured contracts from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply equipment for two projects that will be booked into the company’s Q2 2014 order intake…
EOC Ltd. an Asian based provider of offshore oil and gas development and production solutions, today announced that it would be adding a new accommodation and support vessel to its fleet. EOC has entered into a memorandum of agreement to acquire a newbuild accommodation and support vessel…
China National Offshore Oil Corporation (CNOOC) announced today that it has signed a production sharing contract (PSC) with Eni for Block 50/34 in the South China Sea. Block 50/34 encompasses an area of 2000sq km in the Qiongdongnan Basin of offshore Hainan Island…
Norway's Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia. The total contract value is approximately US$11 million. Aqualis Offshore in Singapore has been awarded…
Technip and China's China Offshore Oil Engineering Co. Ltd (COOEC) have signed an joint-venture agreement in September. The five-year agreement will target deepwater engineering, procurement, construction and installation (EPCI) subsea umbilicals risers…
Statoil, Technip sign framework contract Statoil has made a call-off for the framework contract Technip has with Statoil for diving services. The work will be performed in connection with the future Edvard Grieg oil pipeline as well as Utsira high gas pipeline…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
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