China National Offshore Oil Corp. (CNOOC) discovered a mid-sized oil find at Liuhua 20-2 in the eastern South China Sea. Oil was found at the LH20-2-1 well, located at the Liuhua 20-2 structure in Northern Slope Belt of Baiyun Sag in…
CNOOC encountered oil and gas at its deepwater Lingshui 25-1 prospect in the Qiongdongnan Basin in the South China Sea, the operator confirmed on 6 January 2015. The well was tested to produce about 35.6 MMcf/d of natural gas and 395 b/d of oil…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…
China National Petroleum Corporation (CNPC) found hydrocarbons on the Zhongjannan exploration project, off the Paracel or Xisha Islands, in the South China, the firm announced. Drilling, using the 2011-delivered, deepwater, HYSY-981…
“The South China Sea is not the new Persian Gulf. It should just be thought of as an important part of the supply picture of this region,” Alexander Metelitsa, an economist at the US Energy Information Administration (EIA), told delegates at IP Week in London…
CNOOC Ltd. announced that the Liuhua 19-5 gas field has commenced production.Liuhua 19-5 is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of about 185m. This project was designed to share the existing producing facility of Panyu 30-1 gas field…
BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…
First production has begun at the CNOOC-operated Beibu Gulf Project in the South China Sea. Partner Roc Oil (19.6%) says production from two development wells, A5H and A2 on the WZ 6-12 wellhead platform, follows the successful installation…
Chevron subsidiary Chevron China Energy and China National Offshore Oil Corp (CNOOC) signed production sharing contracts for two shallow water exploration blocks in the South China Sea. Chevron will hold 100% interest during the exploration…
Chevron signs up for South China Sea acreageChevron China and China National Offshore Oil Corp. (CNOOC) have entered into production sharing contracts (PSC) for two exploration blocks in the South China Sea, the company announced on 16 January 2013…
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.
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…
The South China Sea didn’t get a lot of respect – until the last few decades anyway. Now the area that rests between China and its fledgling Southeast Asian neighbors has become a geopolitical flash point. Tensions turned into a shooting war in the 1970s and looks like it could again…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
