China News


Global oil's structural shift

Nov 05, 2013

Dana Petroleum group CEO Marcus Richards believes the oil industry is seeing a structural shift. He gave his personal views at a UK Chatham House event:  I would like address the questions raised by the shift in oil demand to industrialized economies in terms of energy security…

COSL wins 3 new orders

Nov 01, 2013

China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co…

Ulstein marks 100th design

Oct 31, 2013

Ulstein has been awarded a ship design contract from Vroon Offshore Services, taking the total number of offshore ship designs it has sold in 14 years to more than 100. Of the designs sold, 74 were for Ulstein's X–BOW design, launched in 2005…

CNOOC's Suizhong 36-1 Phase II starts production

Oct 30, 2013

China’s CNOOC announced that the Suizhong 36-1 Phase II adjustment project has commenced production. The Suizhong 36-1 oil field is located in the south region of Liaodong Bay in Bohai in an average water depth of approximately 30m. Four…

Husky acquires deepwater seismic off Taiwan

Oct 24, 2013

Husky Energy reported today in its Q3 results that it has commenced work offshore Taiwan. The company has started acquiring 2D seismic data, surveying a deepwater exploration block off the island's southwest coast, at the northern margin of the South China Sea…

CNOOC duo in production

Oct 17, 2013

CNOOC Ltd started production at two of its offshore fields, the Wenchang 19-1 North and Weizhou 12-8 West. The Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130m…

New gas leak arrests Kashagan

Oct 11, 2013

For the second time since it produced first oil a month ago, a gas leak has sidelined Kashagan’s operations. The North Caspian Operating Company (NCOC) said that the leak was found on a pipeline running from the artificial D Island to the onshore Bolashak processing plant in Atyrau…

Altium, SKA announce partnership

Oct 10, 2013

Shangai's Altium Limited, recognized for its Smart System Design Automation, 3D PCB design, and embedded software development, announced a strategic partnership with Brazil-based reseller SKA Group. SKA, one of Brazil's largest resellers of Dassault Systems and SolidWorks products…

Roc completes 3D survey off China

Oct 10, 2013

Roc Oil Company Limited, a subsidiary of ROC, announced the completion of its 162 sq km 3D ocean bottom cable (OBC) seismic campaign in the 09/05 exploration license, located in the Bohai Bay offshore China. With the data received, seismic…

Jackups for Northern Offshore

Oct 07, 2013

Houston-based Northern Offshore Ltd. announced that two of its subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design…

Seismic vessel delivered to Sinopec

Oct 04, 2013

Shanghai Offshore Petroleum Bureau (Sinopec) took delivery of the FA XIAN6 seismic research vessel. The vessel is a Rolls-Royce UT 830 CD design, and is the first of its type to be built in China. It is equipped with a package of Rolls-Royce power and propulsion systems…

Odfjell contracts additional four gas tankers

Oct 01, 2013

Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…

CNOOC, Smart Oil sign Bohai PSC

Sep 17, 2013

China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. for Block 05/31 in Bohai.Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai. It covers a total area of 270sq km with water depth ranging from 5-15m…

OE13: Big opportunities offshore

Sep 04, 2013

This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…

Pipelines off Myanmar carry Shwe gas, imported oil

Sep 01, 2013

The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…

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