South Korea has become an international shipbuilding power-house – a name-plate for dozens of global mega-projects stretching from New Foundland to Australia. What is described as “the largest fabrication facility in the world” is in…
The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…
ExxonMobil Exploration & Production Malaysia Inc. (EMEPMI) announced the startup of the Tapis enhanced oil recovery (EOR) project, off the coast of Terengganu, Malaysia, in the South China Sea. Operations began with water-alternating…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…
Roc Oil failed to find commercial hydrocarbons at the QK11-1-1 well in Bohai Bay, offshore China, reported joint venture partner AWE Ltd. The well was drilled to a total depth of 4377m measured depth and 3863 true vertical depth on 7…
CGG has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over US$80 million. Three…
Wärtsilä's 2-stroke dual-fuel technology will be featured on two new, large 180,000 cbm LNG carriers. South Korea’s Samsung Heavy Industries and SK Shipping and Marubeni are building the carriers that will be powered by 6-cylinder Wärtsilä X62DF 2-stroke dual-fuel engines…
Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…
KrisEnergy Ltd. reported that the S.V. Nordic Bahari vessel began a 2D seismic survey in the Sakti production sharing contract (PSC) offshore East Java, Indonesia. The acquisition program, which will acquire 1200km of data, was awarded to PT…
Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…
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