InterMoor opened a new mooring equipment yard at Loyang offshore supply base in Singapore. The facility provides storage and support for maintenance, preparation and mobilization.
Salamander Energy announced first oil at its Bualuang Bravo platform in the Gulf of Thailand. The Atwood Mako drilled development well BB-04-H, which is expected to produce 1500b/d. With a 15-well development planned, Salamander expects production to increase to around 14,000b/d in 2013.
Pipeline equipment and services provider TD Williamson opened its first office in Seoul, South Korea. The new office will enable the company to provide EPC customers with pipeline intervention and isolation technologies.
Wartsila has been contracted by China Oilfield Services to supply designs for six new ships, two platform supply vessels, and four anchor-handling tug supply vessels for the South China Sea and Bohai Bay.
BP has pulled out of Yacheng gas field in the South China Sea, selling its 34.3% stake to KUFPEC, a subsidiary of KPC, for US$308 million. Pending approval by CNOOC, the deal is expected to close 2H 2013.
Singapore’s Kreuz Subsea took possession of a new Saab Seaeye Panther XT Plus ROV displayed at OSEA 2012. Saab Seaeye boosted the ROV’s power management, offering 50% more power and reduced its size, requiring less deck space. Its 10 thrusters allow operation in currents greater than four knots…
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
Study assesses FLNG project options off IndiaWorleyParsons has been awarded a significant pre-FEED study by the Andhra Pradesh Floating LNG Terminal developers, GDF SUEZ and Andhra Pradesh Gas Distribution Corporation (APGDC). The pre…
The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…
Eni has acquired a 25% stake and operatorship in an ultra-deepwater block off Pakistan. Block G in Pakistan’s Indus Basin comprises approximately 7500km2. Eni currently holds participating interest in adjacent Indus block C (60%) and block N (70%).
Expro has landed its first subsea supply contract in India. The three-year contract involves the supply of two 73/8in electro-hydraulic completion landing strings systems and two sets of topside controls equipment.
Liuhua 11-1 (Photo: CNOOC)Production starts at two S. China Sea fields CNOOC Limited announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production…
Wartsila will design six new ships for COSL Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two…
Prime Minister Stephen HarperCanada grants approval for Nexen, Progress grabsThe Canadian government announced on Friday that it would approve two controversial investments in local firms by foreign state-owned companies.Minister of Industry…
Weatherford International officially opened a new strategic base for Asia Pacific operations in Singapore last month to meet increasing demand for services across the region. The four-storey facility brings together the company’s 300-strong…