Offshore Asia News - page 208


Salamander inks Bualuang part-sale

Jun 05, 2014

Salamander Energy has signed a non-binding heads of agreement with SONA to sell an effective 40% working interest in both the B8/38 concession (containing the Bualuang field) in the Gulf of Thailand and the surrounding G4/50 concession…

Oil tanker explodes off western Japan

Jun 03, 2014

An oil tanker exploded and sank off the coast of Himeji, western Japan, on 29 May 2014. The mid-morning explosion and fire aboard the 998 tonne fuel tanker Shoko-Maru sent towering columns of smoke into the sky.  The ship is owned by Syoho Shipping Co…

Wood Group wins Shah Deniz 2 contract

Jun 03, 2014

BP Azerbaijan awarded London's Wood Group a £36 million (US$60 million) call-off contract for the Shah Deniz 2 project under a 2007 global agreement. The contract covers subsea engineering and project management services during the subsea execute phase…

AWE drills Oi exploration well

Jun 03, 2014

Australia’s AWE Limited announced that drilling on the Oi-1 exploration well in the Tui area oil fields, located off New Zealand in the Taranaki Basin, commenced on 30 May with the semisubmersible Kan Tan IV. Oi-1 is located approximately…

Wison offers Pandora FLNG concepts

Jun 02, 2014

Houston’s Wison Offshore and Marine presented two concepts to the Pandora LNG joint venture partners for development of the Pandora gas field offshore Papua New Guinea, Cott Oil and Gas (40% interest) announced on 2 June 2014. Wison was…

Nido starts drilling off Philippines

Jun 02, 2014

Nido Petroleum Ltd., on behalf of SC 63 joint venture partners state-owned Philippine National Oil Co. Exploration Corp. (PNOC-EC) and Dragon Oil Ltd., announced that the Baragatan-1A well was spudded May 25. The wellsite is in Service Contract 63…

Deep Sea Supply buys 10 PSVs

Jun 02, 2014

Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million.  The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…

Total inks West Jupiter for Egina

Jun 02, 2014

Seadrill has won a contract with Total Upstream Nigeria for use of its newbuild ultra-deepwater drillship West Jupiter (pictured), in support of the Egina ultra-deep offshore project in Nigeria. The contract is for five years and is worth about US$1…

Sembcorp buys GraviFloat stake

Jun 02, 2014

Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…

Seven Arctic gets animated

Jun 02, 2014

Subsea 7 provides this animation of its new heavy construction vessel The Seven Arctic, which is under construction at Hyundai Heavy Industries (HHI) in South Korea, and due for delivery in 2016. The newbuild subsea construction vessel…

Global Deepwater Review: Driving deeper growth

Jun 01, 2014

As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…

World's largest liftboat nears completion in Asian yard

May 30, 2014

A.K. Suda reports that the world’s largest liftboat has been built by Triyards Marine, Saigon Shipyard in HCMC, Vietnam, and will be delivered to Singapore-based EMAS Offshore in June. The 450ft (137.25m) truss-legged liftboat was designed by A…

Total exits Shah Deniz

May 30, 2014

Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…

4 newbuild orders for ASL

May 30, 2014

Singapore-based ASL Marine Holdings has won new shipbuilding contracts worth about S$91 million for the construction of three infield support vessels (of ART 100-42 class Rotor Tugs design) and one seismic support vessel (SSV). The…

Naga 3 jackup on location

May 28, 2014

Fairmount Marine's tug Fairmount Expedition has towed jackup rig Naga 3 from the PV Marine Shipyard in Vung Tau, Vietnam, to the RD-19X Block 15-2 oilfield offshore Vietnam. Last month the tug towed the rig from Singapore to the shipyard…

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