Sabah Shell Petroleum Co. Ltd. received a semisubmersible floating production system (FPS) for Malaysia’s Gumusut-Kakap deepwater field offshore Sabah. The FPS was handed over to Sabah Shell in early June and is installed in about 1200m water depth…
Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 set a new world record for the deepest water depth by an offshore drilling rig. The drillship spudded a well in 10,411ft (3,174m) water depth, while drilling off India’s east coast for ONGC…
North Caspian Operating Company (NCOC) began work to start production of Kashagan field in the Caspian Sea. The first phase will see production from eight wells on an artificial island complex. Wells, pipelines, and the Bolashak Onshore Processing facility have been completed…
Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…
DSME signed a contract on 25th June with Atwood Oceanics, a USA based ocean drilling company, for the construction of one drillship. This is the option of last year’s contract with a value of about US$570 million USD and it will be delivered at the end of 2015…
ION Geophysical Corp. established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience…
Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…
Hallin Marine, a Superior Energy Services company, announced the receipt of a project off the northwest coast of Java. It centers on the installation of new control taps and a bypass for the main pipeline, which supplies 60% of Jakarta's gas requirements…
The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield…
SOCO International announced that its TGT-10X exploration well in Te Giac Trang (TGT) field in block 16-1 off southern Vietnam cut 117m of net pay (250m gross pay), after drilling to 4226m MD. This is the first well drilled into the Oligocene D2 section in the H5 fault block of the field…
Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…
Mooring lines on floating production systems continue to fail, costing the industry lost time and production— why and what is being done? Elaine Maslin reports. The use of floating production systems in the offshore oil and gas industry…
Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…
BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…
London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…
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