ITG Group has ordered two platform supply vessels (PSV) of the PX121 design from ULSTEIN. The ROC yard, China, will be constructing the two PSVs for ITG. The contract includes an option for two more vessels. ROC is a new yard starting…
Eni has spud the Cua Lo-1 exploration well located in Block 105-110/04, in the Gulf of Tonkin, off Vietnam, partners Neon Energy and KrisEnergy announced. The well, spud on August 11, 2013, is designed to test the large Cua Lo gas prospect…
The United States Energy Information Administration (EIA) issued news release on 9 August with its forecast that China's net oil imports will exceed those of the U.S. by October 2013 on a monthly basis, and by 2014 on an annual basis, making China the largest oil importer in the world…
Volunteer staffs of PTT Global Chemical Plc (PTT), along with Thailand Navy personnel, are still working to clean up the remaining oil slick that washed up on the beach of Koh Samet Island. The crew placed an absorbent boom along the beach…
Otto Energy Ltd. is drilling two horizontal wells in the second phase of development at Galoc field offshore the Philippines. The wells are being batch drilled in 311 m of water. Otto projects the Galoc-5H and Galoc-6H development wells will be drilled to a total vertical depth of 2…
After their recently signed ten-year extension comes into effect, Fugro and China Oilfield Services Ltd. (COSL), will enter the fourth decade of the successful joint venture. China Offshore Fugro Geosolutions (COFG), in which each company holds 50% interest…
Bangladesh English-language newspaper, Dhaka Tribune, reported on 5 August that state-owned Bangladesh Oil & Gas Corp. (Petrobangla) will sign exploration agreements with two international oil companies for three blocks. Petrobangla initially…
Farstad Shipping ASA announced that it has been awarded 10 charter contracts for anchor-handling tug supply vessels from ENI Australia, BHHP Billiton, Woodside Energy, Chevron, Brunei Shell Petroleum, and Oil Search (PNG): AHTS Far Sky (1991…
On 23 August 2013, when the recently signed ten-year extension comes into effect, Fugro will enter the fourth decade of the successful joint venture with China Oilfield Services Ltd (COSL). The joint venture, named China Offshore Fugro Geosolutions (COFG) in which Fugro holds 50%…
Salamander Energy plc encountered oil at its G4/50-5 exploration well in the Surin prospect in the central portion of the Western sub-basin, Block G4/50, in the Gulf of Thailand, the company announced on 6 August 2013. Oil was discovered…
Rowan Companies plc entered into a three-year contract with Cobalt International Energy, L.P. for the Rowan Reliance, a new ultra-deepwater drillship currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan…
Tullow Ghana Ltd. awarded Modec subsidiary TEN Ghana MV25 B.V. contracts for the supply, charter and lease, operations and maintenance of a FPSO vessel for the Tweneboa, Enyenra, and Ntomme (TEN) fields in the Deepwater Tano contract area…
Offshore drilling solutions provider AGR Enhanced Drilling (AGR ED)has further secured its position in the Caspian after BP signed a two-year contract extension with the Norwegian company. The contract was signed by BP Exploration (Caspian Sea) Ltd…
COSCO Corp. Ltd. has been active completing vessels and signing new construction contracts. The company announced that COSCO (Qidong) Shipyard Co., Ltd has delivered the jackup barge, IB914, and the transportation barge, IB924, to an Australian company…
Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…
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