%22Changhua 1 %26 2A%22 News

DONG Hejre jacket installation

Jul 22, 2014

DONG Energy released a video showing the installation of the Hejre jacket that occurred on 23 May 2014. DONG Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg…

Repsol, partners win license off Colombia

Jul 23, 2014

Colombia's National Hydrocarbons Agency (ANH) received bids from four companies for just five of 19 offshore areas offered in its 2014 licensing round. Spains's Repsol, as operator, was awarded the COL4 license, in the Caribbean Sea, with partners Statoil and ExxonMobil Exploration Colombia…

Elliston-2 spudded in Cooper basin

Jul 23, 2014

Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…

Gabon names seven for deepwater blocks

Jul 21, 2014

The Republic of Gabon’s Ministry of Petroleum announced today that it has selected seven companies to participate in a final round of negotiations for deepwater blocks in the offshore licensing tender round from October 2013. The Ministry said Impact Oil & Gas…

Cameron introduces new Mark IV BOP system

Jul 18, 2014

Cameron has introduced its new Mark IV system, featuring a redundant, three point-of-distribution (POD) design as an option for its subsea BOPs.  Conventional subsea BOP control systems use a two-POD design, providing a single spare if the primary control POD becomes unavailable…

Malaysia's Sumatec buying Kazakh company

Jul 15, 2014

Malaysia's Sumatec Resources Bhd plans to buy Kazakhstan's Borneo Energy Oil and Gas Ltd. for US$250million (RM800million) in cash and shares. Sumatec announced on 11 July 2014 that it had signed a framework agreement with Abu Talib Abdul Rahman and Dr…

Shell hits Norphlet pay

Jul 15, 2014

Shell confirmed a third discovery at the Norphlet play in the deepwater Gulf of Mexico, the supermajor announced on 15 July 2015. The explorer hit more than 400ft (122m) of net oil pay at its Rydberg well, located 75mi (120km) off the Gulf Coast in Mississippi Canyon Block 525…

Wärtsilä, CSCC establish joint venture

Jul 18, 2014

Wärtsilä and China State Shipbuilding Corporation (CSSC) signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines. The CSSC Wärtsilä Engine (Shanghai) Co. Ltd factory will be located at Lingang…

HHI signs ADMA-OPCO facilities LOA

Jul 11, 2014

Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Compnay for a US$1.94 billion order for the second package of the Nasr Full Field Development Project. Under the LOA, HHI would undertake engineering…

Woodside farms-in to Lake Tanganyika South Block

Jul 14, 2014

West Australian independent Woodside Petroleum Ltd. has farmed-in to the 7200sq km Lake Tanganyika South Block, Tanzania. Beach Petroleum (Tanzania) Ltd., a wholly owned subsidiary of South Australia's Beach Energy Ltd., will transfer…

BHI international rig count for June 2014

Jul 11, 2014

Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…

Eni enters PSC with PetroVietnam

Jun 26, 2014

Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…

Successful appraisal extends Jade field

Jul 08, 2014

First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…

Spanish Point set back

Jul 09, 2014

The Spanish Point appraisal well in Frontier Exploration Licenses 2/04, 4/08 and 1/14 in offshore Ireland's northern Porcupine Basin will not now be drilled in 2014, according to Dublin-based Providence Resources. However, a 3D seismic survey in the area is due to go ahead this summer…

Southeast Asia's next frontier

Jul 07, 2014

Dockwise floatover installed the Shwe development topsides using COOEC's HSY229 installation launch barge. First production was in January this year. Photo from Dockwise. Myanmar has been producing hydrocarbons longer than many…

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