The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…
China’s CNOOC discovered a mid-sized oilfield at the Caofeidian 6-4 oil structure, offshore China. Bohai map. From CNOOC. The Caofeidian 6-4 structure is located in the western…
Electromagnetic Geoservices EMGS signed a US$7 million contract extension with an oil company in Malaysia. The vessel BOA Thalassa commenced the extension of the survey on 21 October, and expected duration of the survey is approximately 1…
JX Nippon Oil and Gas Exploration (Malaysia) has awarded Technip a subsea contract for the Layang field, Block SK10, offshore Sarawak, Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9…
UK-based Ophir Energy commenced its two-well drilling campaign in the Gulf of Thailand with the spudding of the G4/50-10 exploration well on the Soy Siam prospect. Image: Offshore Thailand / Ophir…
The European Marine Energy Centre (EMEC) based in Orkney, Scotland, has strengthened its ties with China having signed a Memorandum of Understanding with organizations based in Qingdao to support the development of a marine energy test site in the area…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
Singapore’s fabrication and engineering service provide TRIYARDS Holdings made a 59% year-on-year jump in net attributable profit to US$8.4 million in the fourth quarter, driven mainly by liftboat construction, the company said. Work done on liftboats…
No hydrocarbon show at the ROC Oil-operated block 09/05 in the Bohai Bay basin in China, says joint venture partner AWE Ltd. The well, QK12-3-1D, which is now preparing for abandonment, is the second of the two planned exploration wells in the block…
In Repsol's 2016-2020 Strategic Plan, unveiled today, the company vowed to cut spending by 38% and divest US$7.1 billion (€6.2 billion) in non-strategic assets. The company said it expected to make half of those divestments in the next two years…
In this video FAR Ltd’s managing director Catherine Norman, explains the company’s upcoming appraisal/exploration drilling program, as part of the Cairn Energy operated offshore Senegal permits. Cairn, with FAR and other joint venture partners in Senegal…
Iran’s historic nuclear deal with six world powers was approved by the country’s parliament today (13 October) with 64% in favor of the bill, clearing a hurdle for sanctions against Iran being lifted. Iranian parliament approves JCPOA bill…
Fugro has been awarded a contract by Blue Stream Pipeline Co. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System…
Classification society ClassNK has commenced verification tests of its condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX for Mitsui’s MAN B&W engines. The system is being jointly developed by ClassNK, Mitsui Engineering & Shipbuilding Co…
MacGregor entered into an agreement with Guangzhou Shunhai Shipyard to deliver anchor handling winch packages for five 48m anchor handling tug supply (AHTS) vessels. Each will have a 75-tonne bollard pull and one 40m AHTS vessel with a 70-tonne bollard pull…