China’s Rongsheng Heavy Industries and China National Offshore Oil Corporation (“CNOOC”) have successfully completed construction of a 3,000-meter deepwater pipe laying crane vessel (“DPV”) “HAI YANG SHI YOU 201.” The vessel has set sail for the “Liwan 3-1” gas field in the South China Sea today and will prepare for pipe laying works. “HAI YANG [...]
Vietnam’s PTSC M&C yesterday (May 14), at its yard in Vung Tau City, hosted a load-out and sail-away ceremony for the Su Tu Trang (White Lion) jacket and topside, built for Cuu Long JOC. Su Tu Trang is a turn-key project awarded to PTSC M&C in March 2010. The scope of work includes Engineering, [...]
A Chinese state-owned oil and gas corporation CNPC and Chinese Academy of Sciences (CAS) on Friday signed a strategic cooperation agreement in Beijing, to team up in technological research on cutting-edge basic science of oil and gas exploration and development. Under cooperation agreement the companies will jointly conduct research on petroleum engineering technology and equipment [...]
China National Offshore Oil Corporation (CNOOC) and Roc Oil have signed a production sharing contract (PSC) for Block 09/05 in Bohai bay, offshore China. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters. Under the agreement signed today, ROC will conduct [...]
May 11, 2012 | Posted in
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Vietnamese PTSC M&C has secured a major detailed engineering, procurement, construction, installation, hook-up and commissioning contract worth approximately $ 113 million. The contract has been awarded by Lam Son Joint Operating Company, a joint operating company between PetroVietnam Exploration Production Corporation (PVEP, Vietnam) and Petronas Carigali Overseas Sdn Company (Malaysia). The scope of work includes [...]
The load-out and sail-away ceremony will be held May 14th for the Su Tu Trang jacket and topside at PTSC M&C fabrication yard in Vung Tau City, Vietnam. The ceremony will be attended by the representatives of Vietnam Oil and Gas Group, PetroVietnam Exploration and Production Corporation (PVEP), PetroVietnam Technical Services Corporation (PTSC), Cuu Long [...]
The Government of Mozambique has given its consent to the offer made by Shell to acquire the company and its 8.5 per cent participating interest in Rovuma Offshore Area 1 which would arise on the takeover. Cove said it “received written confirmation from the Government that it consents to the offer for Cove announced by [...]
May 10, 2012 | Posted in
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Malaysia’s Kencana Petroleum has received a Letter of Award on 20 April 2012 from Murphy Sarawak Oil Co., Ltd. for the fabrication of offshore topsides. Under the contract, Kencana Petroleum’s subsidiary, Kencana HL, will provide Engineering, Procurement, Construction and Commissioning (EPCC) of Serendah Production (SN-PA) topsides facilities for the SK309/311 SPSA Development Project which is [...]
Miclyn Express Offshore (“MIO”) has secured a 5 year contract worth approximately US$130 million for 21 Crew/Utility Vessels to service Chevron`s production logistics in the Gulf of Thailand. The new contract is a continuation of a long standing relationship between MIO and Chevron in the region, under which MIO provides all of Chevron Thailand’s Crew/Utility [...]
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IEV (Malaysia) Sdn Bhd has safely and successfully completed the two turnkey decommissioning projects awarded by Petronas Carigali ahead of schedule on 7 May 2012. Worth a total of RM27.0 million (USD 8.8 million), the scope of work for the two Decom Projects included the provision of Engineering, Preparation, Removal and Disposal (“EPRD”) of two [...]
May 9, 2012 | Posted in
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