Lundin Petroleum has started drilling the Selada-1 exploration well in Block PM308A, offshore Malaysia. The well will target hydrocarbons in Miocene aged sands and is located 14km to the south of the Bertam field, operated by Lundin…
A letter of award has been announced and signed by Electromagnetic Geoservices (EMGS), worth approximately US$15.3 million, with a repeat customer in India. The survey, which is located off the eastern coast of India, is expected to start in early January 2016 by the vessel BOA Thalassa…
SapuraKencana Energy (SKE) secured the approval from Petronas for the field development plan (FDP) for the SK310 B15 gas field development project, offshore East Malaysia. The B15 field, which was discovered in December 2010, is located…
Singapore-based Sembcorp Marine reported a 17% year-on-year decline in revenue from US$3.1 billion (S$4.4 billion) to $2.57 billion (S$3.6 billion) for the nine months to September 2015, due to lower revenue recognition for rig building projects and ship repair…
Ophir Energy came up dry at the first well of its two-well drilling campaign in Block G4/50 offshore Thailand. The G4/50-10 well in located on the Soy Siam prospect, which commenced drilling using the Emerald Vantage jackup rig in October and reached a total depth of 1627m…
For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…
Audrey Raj explains how an old deepwater field such as Malampaya continues to power the Philippines and benefit its economy. In early 2015, the Malampaya Phase 3 depletion compression platform was towed from its fabrication site in Subic Bay…
Heather Saucier speaks with Mark Randolph and Susan Gourvenec, professors at the University of Western Australia’s Centre for Offshore Foundation Systems, about deepwater geotechnical challenges, such as complex carbonates found off the coast of Australia…
Primeline Energy’s LS23-1-1 well showed little potential for commercial production, offshore China. The company will now continue with the exploration drilling program for the LS30-3-1. Image from Primeline…
Houston-based ConocoPhillips has made the strategic decision to drop out of its deepwater exploration program by 2017, despite a significant program that the company is executing in 2016. Ekofisk…
Pacific Drilling announced that it has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda due to the failure by Samsung Heavy Industries (SHI) to timely deliver a vessel that substantially…
Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca…
Lundin Petroleum's Malaysian subsidiary, Lundin Malaysia, has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia. Lundin announced the well had been spud in early October, and the operation…
Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea. After successfully…
The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…
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