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…
Salamander Energy plc announced that its G4/50-4 exploration well on the Rayong prospect in the Gulf of Thailand has been plugged and abandoned following disappointing results. The well, which was drilled to a total vertical depth of 1889m by the Atwood Mako jackup…
Harkand is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar newbuild ROV support vessel and the appointment of a new general manager to lead future growth. The vessel, to be named Harkand Harmony…
SeaBird Exploration Plc. was awarded a 30-day contract for the Aquila Explorer from a company in the Asia Pacific region. The contract is valued at about US$3 million. The vessel is currently working for another company in the region on…
SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, Kencana HL Sdn Bhd was awarded a three-year US $180 million contract from Trans Thai-Malaysia Sdn Bhd (TTM) to provide engineering, procurement, construction, installation, and commissioning…
C-MAR Group announced that it won a contract, worth over $500,000, to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. The agreement covers 16 Maridive DP vessels to be serviced from C-MAR’s Singapore…
Exploration and production firm Northern Petroleum has promoted Keith Bush, 43, to managing director. Bush joined Northern in May 2012 as chief operating officer and was appointed to the board last November. Bush has a degree in physics…
Transocean Ltd. today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411ft (3174m) of water…
China National Offshore Oil Corporation (CNOOC) signed a production sharing contract (PSC) with PetroBroad Copower Ltd. (PetroBroad Copower) for Block 28/03 in Pearl River Mouth Basin. Block 28/03 is located in Pearl River Mouth Basin in the east part of the South China Sea…
A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…
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