China-based COSCO (Guangdong) Shipyard Co. Ltd. has secured a contract with Energy Drilling Pte Ltd (“Energy Drilling”) to construct 2 units of Self Erecting Drilling Tender Barges valued at over USD220 million with an option for an additional 2 barges. The 2 barges under the firm contract are to be delivered in the 2nd quarter [...]
April 19, 2012 | Posted in
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CNOOC Limited today announced that the Company has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing structure following the discovery made in 2010. The appraisal confirmed that PL9-1 is a large oilfield. PL9-1 is located in the Miaoxibei uplift in the eastern part of Bohai, with an average water depth of 25 meters. One of the appraisal [...]
ViaLogy PLC (VIY) announces it has signed a contract with the Oil and Natural Gas Corporation (ONGC), India’s premier national oil company, to apply its QuantumRD technology in the country’s largest offshore oilfield. ViaLogy will focus on specific complex zones and target formations that have frustrated conventional geophysical analysis techniques. QuantumRD brings to the analysis [...]
April 12, 2012 | Posted in
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The vessels are being built for Malaysian offshore installation and maintenance specialist TL Offshore Sdn. Bhd., a wholly-owned subsidiary of SapuraCrest Petroleum Bhd. The order is booked in the first quarter of 2012.
April 10, 2012 | Posted in
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Malaysian shipbuilder, Nam Cheong Limited, a specialist in Offshore Support Vessel (“OSV”) segment that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, yesterday announced the sale of three Anchor Handling Tug and Supply Vessels. It has, through its subsidiaries sold three 5,000 bhp Anchor Handling Towing Supply (“AHTS”) vessels to new [...]
March 30, 2012 | Posted in
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Four shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co., Ltd with an American ship owner for the construction of four UT 771 CDL Platform Supply Vessels (“PSVs”) have been made effective on 15 March 2012 at a value of over US$ 105 million in total. Delivery of the above four vessels is expected to commence [...]
March 22, 2012 | Posted in
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Ezra Holdings Limited a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces two further contract awards worth a total of approximately US$131.5 million. Ezra’s fabrication division, recently rebranded as TRIYARDS, has been awarded a US$76.5 million contract to fabricate and deliver a self-elevating mobile [...]
Mosvold Supply Plc, in 2007 contracted Otto Offshore Ltd, a subsidiary of Singapore’s Otto Marine Ltd, to build a series of four AHTS (VS 491 CD) vessels. Mosvold Supply Plc shortly after transferred the contracts one each to four single purpose wholly owned subsidiaries. Mosvold Supply IV Limited (the “Company”), one of these wholly owned [...]
February 28, 2012 | Posted in
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Roc Oil (China) Company advises that the Chinese Government’s State Oceanic Administration (SOA) has approved the Environmental Impact Assessment (EIA) for the Beibu Gulf project, which comprises the development of the WZ 6-12 and WZ 12-8 West oil fields located in the South China Sea. Approval of the EIA allows offshore development activities to commence. [...]
February 27, 2012 | Posted in
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Fugro Singapore has been awarded a major offshore geotechnical investigation contract by Reliance Industries Ltd on the East Coast of India. Fugro will carry out geotechnical investigations, laboratory testing and foundation design studies to allow detailed design of subsea infrastructure for the Dhirubhai Satellite Fields located in water depths of up to 1,850 meter. Fugro [...]
February 26, 2012 | Posted in
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