Havyard Group AS has signed a contract with the Indian shipping company Global Offshore Ltd for delivery of a PSV vessel, including an option for one further vessel. The Indian shipping company, known as Garware Offshore until just recently, has changed its name due to an expansion from only operating within India to operating in [...]
November 16, 2011 | Posted in
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Songa Offshore SE announces that the Company has received a Letter Of Award (LOA) from Petronas Carigali SDN. BHD for the use of Songa Venus for a 1 year firm plus 1 year option Drilling Contract. The LOA is conditional to mutual agreement of contract terms between the parties. The firm part of the contract [...]
July 8, 2011 | Posted in
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CNOOC Limited today announced its annual results for the 12 months ended December 31, 2010. In 2010, the Company’s net production reached 328.8 million barrels of oil equivalent (BOE), up 44.4% year-over-year (“yoy”), representing the highest production growth in its history. The record production growth is mainly attributable to production from new fields brought [...]
Sembcorp Marine’s Sembawang Shipyard has secured two FPSO contracts worth S$75 million (approximately USD 57 Million), reinforcing its reputation as a world-leading shipyard for highly specialised FPSO and offshore conversion and upgrading work. The two contracts are as follows: Conversion of BW Genie to Floating Production Unit (FPU) from BW Offshore: The first contract is [...]
September 28, 2010 | Posted in
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DSI Singapore opens new dedicated facility to develop and manufacture romote intervention ROV tooling and sub-sea engineering products for sale and rental. Deep Sea Intervention Pte. Ltd. is a global supplier to the offshore oil and gas industry providing in-house design, development and fabrication of standard or customized remote intervention ROV tooling and other sub-sea [...]
Roc Oil (China) Company, on behalf of the Beibu Gulf project joint venture, announced that the Supplemental Development Agreement (“SDA”) to the Petroleum Contract for development of the WZ 6-12 and WZ 12-8 West Oil Fields in the Beibu Gulf, offshore China was signed in Beijing on 24 August. The SDA outlines the commercial terms [...]
CNOOC Limited announced today that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully. BZ 29-4 oil field, with an averaged water depth of about 22 meters, is located in the south part of Bohai Bay. The field’s development and production operation will mainly rely on the facilities of the [...]