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…
Keppel Offshore & Marine signed a memorandum of understanding (MOU) with PEMEX Exploración y Producción (PEP) and PMI Norteamérica, S.A. de C.V. (PMI) to jointly develop, own and operate a yard facility in Mexico specializing in construction…
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…
Following Mitsui’s decision to divest its 35% share of the project, AWE Limited, New Zealand Oil & Gas, and Pan Pacific Petroleum, via their subsidiaries, will increase their respective interests in the Tui area oil project for $US14.9 million…
Dubai-based Dragon Oil plc has leased two LeTourneau S116E jackup rigs from BKE Shelf Ltd to use in its Cheleken Contract Area, offshore Turkmenistan. The Neptune and Mercury have been contracted for a period totaling three years. Neptune…
Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…
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…
Chevron Corporation today announced that its Australian subsidiaries have signed binding long-term sales and purchase agreements (SPAs) with Tohoku Electric Power Company, Inc. to supply LNG from the Chevron-operated Wheatstone Project in Western Australia…
Salamander Energy plugged and abandoned its offshore Ayutthaya exploration well prospect in Block G4/50 in the Gulf of Thailand as a dry hole. Ayutthaya is located less than 1 mi. northeast of the recent Surin oil discovery. The well was spud earlier this month…
A gas leak discovered in a pipeline running to the Bolashak processing plant in Atyrau shut the Kashagan field 16 days after initial production kicked off on September 11. Production is reportedly expected to be stopped for 3-4 days. Wells…
RasGas Co. Ltd. (RasGas) announced that the Barzan Gas Project's four offshore platform topside modules, collectively weighing 9500tonnes, have started their long journey by sea from Ulsan, South Korea to Qatar's North Field. The topsides…
Electromagnetic Geoservices (EMGS) received a letter of intent for approximately one month of 3D EM acquisition in Malaysia. The survey will be performed using the vessel BOA Thalassa, which is expected to complete its current work program in Brunei by mid-October…
Drydocks World today marked the sailaway of the Prelude floating liquified natural gas (FLNG) vessel turret modules to the owner Shell. The first Module, the bogie support structure, standing 22m high, with a diameter of 30m and weighing…
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…
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