Singapore-based YHM Group has said it has won a contract worth about US$183 million over a three-year period to provide a semi- submersible rig. The rig is to be used by a south east Asia-based national oil company to support oil and gas activities in the Andaman Sea…
Douglas Westwood has said, according to its annual reports on deepwater production, Asia Pacific is emerging as a high-growth opportunity – albeit from a small base – as depleting shallow water fields drive the industry into deeper waters…
JX Nippon Oil & Gas Exploration Corp. entered into a production sharing contract (PSC) for deepwater block 2F offshore Sarawak with Petroliam Nasional Berhad (Petronas) effective September 19. Deepwater block 2F is located in the northwest of Sarawak…
Keppel Shipyard Ltd (Keppel Shipyard) has secured two FPSO conversion contracts worth a combined value of S$190 million (US$154.54 million). The contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Ltd. (M3nergy Offshore)…
Solstad Offshore ASA (SOFF), through its wholly-owned subsidiary Norce Offshore Pte Ltd, has signed a contract with Chevron Offshore (Thailand) Ltd, Chevron Thailand Exploration and Production Ltd. and Chevron Pattani Ltd. (together Chevron) in Thailand using the derrick-lay barge (DLB)…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
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…
Helix Energy Solutions has confirmed an order for a second semisubmersible light well intervention rig from Sembcorp Marine subsidiary Jurong Shipyard. The US$346 million order is scheduled for delivery mid-2016, and will be built based…
The North Caspian Operating Company (NCOC), on behalf of the North Caspian Sea PSA consortium, has said the first well was opened and the initial volumes of oil are being produced from the Kashagan field. The first phase of production is from eight wells on an artificial island complex…
Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
SPE Offshore Europe 2013 in Aberdeen has celebrated its 40th birthday by staging its biggest and best conference and exhibition to date. This year’s theme was “The Next 50 Years”, representing the continuing success story of the industry in terms of future production and the strong supply chain…
Robert Gordon University (RGU) and Russian oilfield educational and engineering services company OILTEAM yesterday announced a partnership worth more than £1.2 million to train the next generation of Russia’s offshore energy professionals…
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
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