Greenfields Petroleum subsidiary Bahar Energy Operating Company (BEOC) and SOCAR Complex Drilling Works Trust (SDT), a subsidiary of the State Oil Company of the Republic of Azerbaijan (SOCAR), have signed a memorandum of understanding to…
Sembcorp Marine and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell’s Vito floating production unit (FPU). Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters also will handle integration of the FPU…
CNOOC's Weizhou 12-2 phase II project started production, the company announced today (28 November). The Weizhou 12-2 phase II project is in Beibu Gulf in the South China Sea with an average water depth of approximately 35.7m. The project…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
Halliburton business Sperry Drilling announced today (13 November) the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry…
L&T Hydrocarbon Engineering has been awarded a contract from India's ONGC for Pipeline Replacement Project-4 worth about US$194 million. The project is part of ONGC’s strategy to replace some of its well fluid, gas lift and water…
WorleyParsons has been awarded a contract by Reliance Industries for project management consultancy (PMC) services for development of the R-Series gas field (D34). The field is in about 1800-2150m water depth, in Block KG-D6, about 70km…
TechnipFMC has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project, offshore Sabah, Malaysia, in 1300m water depth. This contract covers the engineering, procurement, construction, installation and commissioning (EPCIC) of the umbilicals…
McDermott International has won a letter of award from Reliance Industries for work on the KG-D6 subsea field development in the Krishna Godavari Basin offshore eastern India. McDermott will provide engineering, procurement, installation and pre-commissioning of subsea flowlines…
SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…
With waning support for marine energy in the UK, Sustainable Marine Energy decided to head East. Elaine Maslin reports. The Plat-I design. Image from Sustainable Marine Energy. Sustainable Marine Energy (SME) set out to be a tidal energy developer…
More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…
KrisEnergy has spud the East Mayura-1 exploration well in the G10/48 contract area in the Gulf of Thailand, the operator announced on 20 October. The East Mayura-1 well, offshore Thailand, is being drilled by the PV DRILLING I jack-up rig…
Singapore-based explorer KrisEnergy will proceed with the first phase of its Apsara oil field, the first hydrocarbon project offshore Cambodia, the company announced today (19 October). Phase 1A of the Apsara development, in Cambodia Block A in the Gulf of Thailand…
Subsea 7 and Sapura Energy have agreed to end their Asia Pacific focused SapuraAcergy joint venture (JV), with the JV's heavy-lift and pipelay vessel, Sapura 3000, sold to a subsidiary of Sapura Energy. The JV was set up in 2006, with SapuraCrest Petroleum…
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