The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
Ocean Floor Geophysics Ltd. (OFG) completed a high resolution CSEM survey of near surface gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
InterMoor, an Acteon company, has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC). To extend the life of the Hai Yang Shi You III FPSO, the first project involved full mooring system replacement in the Panyu field…
Electromagnetic Geoservices ASA (EMGS) won a contract for 3D EM data acquisition in Malaysia. The survey will begin 24 October using the BOA Thalassa vessel. From a letter of intent, received on 6 October 2014, the contract is worth US$6…
Mayank Ashar joins Cairn India as its new managing director & chief executive officer effective 17 November 2014. Ashar brings with him more than 36 years of experience in the international oil and gas industry. In his earlier assignments…
Dubai based offshore fabrication firm Lamprell has completed the second Caspian Sea jackup drilling rig, the Mercury. Lamprell said completion of the rig, the EDC-2, built for Eurasia Drilling, was a milestone for the group, particularly as it has been built under challenging conditions…
Some of the world's top energy experts have been announced as guest speakers at Universal Oil & Gas 2014 (UOG 2014) in Israel later this year. Barry Smith, Texas Railroad. From Granite PR. UOG…
Emerging Markets Communications (EMC) introduces QuickSkid Solution to enable faster, more reliable and flexible communications for the oil and gas industry. Image of QuickSkid. From EMC. Rig owners…
McDermott International, Inc. won a transportation, installation and pre-commissioning contract from a subsidiary of PETRONAS, for the Bukit Tua development project in the Ketapang block of East Java, Indonesia. This new contract is for…
Malaysia’s Petronas Carigali awarded Kongsberg Oil & Gas Technologies AS a US$2.2 million contract for drilling operations software and services. The software, SiteCom, is a real-time drilling operations software. The four-year contract has a one-year extension option…
MacArtney has delivered a MERMAC R40 RA winch to the Hunan University of Science and Technology (Xiangtan, China). The company works closely with SeaTech China in its role as exclusive MacArtney product and system representative on the Chinese market for underwater technology…
Blue Ocean Drilling Ltd. (BOD) awarded China’s Shanghai Waigaoqiao Shipbuilding (SWS) a contract to build two Gusto MSC CJ50 high specification jackup rigs. Image from Blue Ocean Drilling. Upon the terms of agreement…
CNOOC discovered oil in its second Beibu Gulf well, WZ12-10-2, in Block 22/12, off the southern Chinese coast. The shallow-water (36m WD) location is about 1.6km (1mi.) east-northeast of the WZ12-8W platform and about 3.2km west-southwest of the previously drilled discovery well…
Chevron Thailand E&P Ltd. awarded Rolls Wood Group (RWG) a contract to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani Basin, 120 mi. from Thailand’s southern coastline…
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