China's CNOOC started production at its Enping 23-1 oil fields, in the Pearl River Mouth Basin of the South China Sea. The oil fields have an average water depth of approximately 90m, in which CNOOC holds 100% interest. There are currently three wells producing approximately 5600 b/d…
New Zealand Oil & Gas (NZOG) entered a deal to secure a 50.01% holding in its Australian subsidiary, Cue Energy Resources. “Our controlling interest in Cue provides diversified exposure to Cue's production and exploration interests in Australia…
Production on 10 January 2017 from the Beibu Gulf fields, offshore China, reached a total of 13.9 MMbbl, according to Horizon Oil. Up until this point, the Block 22/12 participants have been paying a fixed operating tariff of US$4.75/bbl to China National Offshore Oil Corp…
EMAS Offshore announced a net loss of US$2.2 million for the quarter ended 30 November 2016 (Q1 FY17), on the back of lower revenues. For Q1 FY17, the group recorded revenue of $42.5 million, as compared to revenue of $49.8 million in corresponding period last year…
Searcher Seismic has started a 3D reprocessing project, offshore Papua New Guinea in the southwest Pacific Ocean. The project comprises reprocessing existing open-file 3D datasets with a modern broadband de-ghosting and pre-stack depth migration sequence…
Malaysia's SapuraKencana Petroleum (SKPB) and UK-based engineering firm Proserv are joining forces to provide enhanced technology services offerings to clients in Asia Pacific. The firms will jointly provide a range of services across the drilling…
SapuraKencana Petroleum has been awarded several contracts via its subsidiaries worth a total of about US$300 million. SapuraKencana Subsea Services inked a two-year contract to provide underwater services for Petronas Carigali. The…
North Atlantic Drilling has again extended a newbuild rig contract standstill agreement with Singapore's Sembcorp Marine. Sembcorp Marine's subsidiary Jurung Shipyard has been building the semisubmersible drilling rig West Rigel, on which a standstill agreement had already been put in place…
Heerema Marine Contractors (HMC) has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for a semisubmersible offshore crane vessel, SSCV Sleipnir, currently under construction at Sembcorp Marine’s shipyard in Singapore…
IKM Testing Thailand has been awarded the service contract by Aibel for the Johan Sverdrup drilling platform. The platform deck for the drilling platform will comprise of three modules. Aibel is to build the largest module, the main support frame (MSF)…
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…
Hansa Heavy Lift (HHL) has successfully transported two ship-to-shore (STS) cranes via the Northern Sea Route (NSR), relocating them from the port of St. Petersburg to the port of Vostochny, spanning both the European and Far East regions of Russia…
Heavy lifting specialist Mammoet has completed the load-out of the 14,273-ton integrated topside module (ITM) for the Jangkrik floating production unit (FPU) in Karimun Island, Indonesia. Image of Jangkrik…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Subscribe
