The U.S. Coast Guard lifted the order restricting the movement of the Conical Drilling Unit Kulluk from Kiliuda Bay Thursday. “I reviewed all of the relevant and available information and determined that Shell has met the requirements of the Captain of the Port Order,” said Capt. Paul Mehler III, commander Coast Guard Sector Anchorage and [...]
Subsea 7 S.A. today announced an award to its Mexican joint venture from Pemex valued at approximately $140 million. The contract comprises the engineering, fabrication and installation of a 16km pipe, two slug catchers and two cantilever structures for the Line 60 Project in the Bay of Campeche. This contract is the first award to [...]
Norwegian drilling contractor, Sevan Drilling, today announced its fleet status update for December 2012. Sevan Driller rig achieved a technical uptime of 92.7% in December 2012. On 29 December Sevan Driller successfully completed the well it was drilling in the Santos basin and moved to Guanabara Bay offshore Rio de Janeiro. As previously announced, Sevan [...]
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On Thursday, 8 November 2012, His Excellency Jaykaya Kikwete, President of the United Republic of Tanzania, laid the foundation stone at the Kinyerezi Gas Receiving Station for the start of construction of the Mnazi Bay to Dar es Salaam Gas Pipeline Project. The 532km pipeline and its associated facilities are expected to be completed and [...]
Cove Energy plc, the AIM quoted upstream oil and gas company announces the completion of the divestment of its 16.38% participation interest in the production operations (20.475% participation interest in exploration operations) in the Mnazi Bay Concession, Tanzania to Wentworth Resources Limited. Cove’s interest in the Concession, which was held by the Company’s 100% owned [...]
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 [...]
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Wentworth Resources Limited has reached an agreement with Cove Energy plc to acquire its 100% owned subsidiary, Cove Energy Tanzania Mnazi Bay Limited (“Cove Tanzania”). Cove Tanzania holds a 16.38% participation interest in the production operations (20.475% participating interest in exploration operations) in the Mnazi Bay Concession, Tanzania (“Mnazi Bay”). In exchange, the Company will [...]
ConocoPhillips today provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its commitment to the people and government of China. “ConocoPhillips takes responsibility for the two [...]
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![China: CNOOC’s Two New Fields in Bohai Bay Start Production Successfully]()
CNOOC Limited announced today that its two new oil fields, BoZhong (“BZ“) 26-3 and LuDa (“LD”) 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development [...]
![China: Typhoon Tilts Oil Rig in Bohai Bay. Two Workers Missing]()
Thirty four workers have been saved and two are still missing after strong wind brougt by typhoon Malou tilted an oil drilling platform … by Chinadaily Source: Chinadaily,September 8, 2010,
