Pan Pacific Petroleum has agreed to sell its 5% interest in Block 07/03 in the Nam Con Son Basin in the South China Sea, to Spain's Repsol for US$5 million. Block 07/03, operated by Talisman (part of Repsol), includes the Cá Rồng Đỏ (CRD)…
Malaysia Marine and Heavy Engineering has been awarded an engineering, procurement, construction, installation and commissioning of central processing platform (CPP) for Petronas' Bokor Phase 3 re-development, offshore Malaysia. The first…
China’s CNOOC is opening 22 blocks for bids to foreign companies this year. Map of the 22 open blocks, from CNOOC. The 22 blocks cover an area of 47,270sq km, and are available for cooperation between CNOOC and foreign companies…
Canadian explorer Husky Energy has signed a production sharing contract (PSC) for a new exploration block offshore China. Block 16/25 is in the Pearl River Mouth Basin, about 150km southeast of Hong Kong. Husky expects to drill two exploration wells on the shallow water block during 2018…
Lundin Petroleum has gained regulatory consents and approvals to complete the internal reorganization to spin-off its assets in Malaysia, France and the Netherlands into International Petroleum Corp. (IPC). The reorganization was completed on 7 April 2017…
Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia. HHL Richards Bay picked up the cargo at three different ports: Rosyth…
Marine and offshore engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis, has opened up an office in Taiwan to support local offshore wind and oil and gas developments. The purpose of the office is to promote Aqualis Offshore’s marine and engineering services locally…
Gulf Marine Services was awarded two new long-term contracts in Europe to support wind farm projects for an international energy company. The new contracts, scheduled to start in Q2 2018, are for two large class self-propelled self-elevating support vessels (SESVs)…
Shelf Drilling, Ltd. has taken delivery of its second newbuild jackup rig – Shelf Drilling Krathong (SDK) – from Lamprell. The rig was delivered within budget and on-time. It is scheduled to depart for Thailand by 20 April 2017 where it commences operations for Chevron Thailand…
BW Offshore (BWO) signed a cooperation agreement with ICBC Financial Leasing Co. Ltd. (ICBCL) to form a long-term strategic partnership that will see the duo take on large international infrastructure projects with a focus on floating production and storage offloading units (FPSOs)…
Trelleborg’s engineered products operation recently completed a milestone project for BW Offshore for the complete in-house design and fabrication of floating production, storage and offloading (FPSO) elastomeric bearing structures. Supplied to Premier Oil's Catcher FPSO in 2016…
Vantage Drilling has been awarded a nine-month extension for the Aquamarine Driller jackup that is operating in the Malaysia/Thailand joint development area. The jackup has been under contract with Carigali-PTTEP Operating Co. (CPOC)…
Petronas’ first floating liquefied natural gas (LNG) facility, PFLNG Satu, has successfully loaded its first cargo at the Kanowit gas field, offshore Sarawak. The first cargo was fully loaded onto the LNG carrier Seri Camellia which is expected to set sail for a South Asian market…
Steve Hamlen profiles the East Natuna gas field offshore Indonesia. Image from iStock. The huge East Natuna gas field in Indonesia’s Natuna Sea is considered to be the largest undeveloped gas prospect offshore Asia…
With large-scale projects on hold, subsea tiebacks are accounting for 75-80% of sanctioned projects. Will it last? Elaine Maslin shares Wood Mackenzie’s view. Statoil’s Bryding tieback layout…
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