Bluestream has secured a five-year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. Image from Bluestream…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC, from Jadestone. The…
Pan Pacific Petroleum has agreed to sell its 5% interest in Block 07/03 in the Nam Con Son Basin in the South China Sea, to Spain's Repsol for US$5 million. Block 07/03, operated by Talisman (part of Repsol), includes the Cá Rồng Đỏ (CRD)…
Southeast Asia is expected to receive record levels of offshore investment, fueling the expansion of the region’s upstream industry. EIC’s Angeline Elias outlines the hotspots. The top five countries in 2017 leading offshore project activity in the region will be Indonesia…
In this video, Royal Boskalis Westminister show the topside installation for the Vietsovpetro Thien Ung project, offshore Vietnam. Boskalis installed the Thien Ung BK-TNG 4200m topside and 850m living quarter by offshore heavy lifting…
Mitra Energy has changed its name to Jadestone Energy, effective immediately. 'We are moving in a new direction and we want to be defined by our actions in the years ahead rather than by the past,” said Paul Blakeley, executive chairman…
Kuala Lumpur's Mitra Energy acquired 30% interest in two blocks, Block 05-1B and Block 05-1C offshore Vietnam, from Inpex subsidiary Teikoku Oil in a US$14.3 million deal. Image from Inpex. Block 05-1…
Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with…
Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…
Rosneft has made its debut as a drilling operator in international waters, as the Russian giant commenced drilling operations at the PLDD-1X well, offshore Vietnam. The HAKURYU-5 rig, image from Japan Drilling…
Malaysia's Mitra Energy gained approval from the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) fields, off Vietnam. Image from Mitra Energy…
Rosneft Vietnam B.V. and Japan Drilling Co. (JDC) represented by its subsidiary Hakuryu 5, Inc. signed an agreement to drill two wells in Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016. The wells will be drilled using the marine drilling rig HAKURYU-5…
Collaboration on- and offshore the Netherlands has resulted in a new concept in platform operations and maintenance. Elaine Maslin reports. Wagenborg’s Kroonborg. Photo from Wagenborg. Across the North Sea…
Norwegian giant Statoil’s Mariner field in the North Sea is a US$7 billion investment for the company. It is located in Block 9/11 on the East Shetland Platform, about 150km east of the Shetland Isles, and lies in water depths ranging between 97-112m…
Seadrill Ltd. entered into an agreement with Seadrill Operating LP, the 58%-owned subsidiary of Seadrill Partners LLC, pursuant to which Seadrill Operating will acquire all of the shares of Seadrill Polaris Ltd., the entity that owns and operates the drillship…
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