Malaysian offshore drilling contractor Velesto has confirmed that the $8 million contract with ConocoPhillips for its Naga 7 jack-up rig that sank off Malaysia in May is now officially terminated.Naga 7 sank on May 3, while gearing up to start drilling for ConocoPhillips off Malaysia…
China's Sinopec Corp announced on Monday it has completed its first liquefied natural gas (LNG) bunkering operation in Weihai, a major seaport in the eastern Shandong province.The bunkering, or marine refueling, operation transferred 250 tonnes of LNG by truck to a China Merchant Shipping vessel…
ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…
Singapore-based oil and gas module construction firm Dyna-Mac has said it has won additional work from existing customers, for a total provisional contract sum of S$8.0 million ($5,94 million). Dyna-Mac said it had secured an add-on work scope for an ongoing project in its yard…
Naga 7, a jack-up drilling rig that sank earlier in May while gearing up to start drilling for ConocoPhillips off Malaysia, remains sunken at the location, Velesto, the owner said Monday, adding that it has sent a notice of abandonment to the insurers…
All workers from the Naga 7 jack-up drilling rig that sunk off Sarawak earlier this week, have been safely brought to shore, Velesto, the owner of the ill-fated jack-up, said Thursday.The rig had been preparing to start a drilling operation of a subsidiary of the U…
A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.'The Board of Directors of Velesto Energy Berhad [...] regrets to inform that an incident involving one of our rigs…
Shen Lan Tan Suo, a semi-submersible drilling rig from China Merchant Heavy Industry (CMHI), has received DNV’s Smart vessel notation compliance certificate. The rig is now the world’s first offshore unit the first to receive DNV's newly developed notation…
China National Offshore Oil Company, or CNOOC, said on Tuesday its gas and power unit would fuel 50 gas-powered vessels to be built by a state-run shipping group as part of the country's gasification push.The vessels, all for dry bulk shipments and scaled at 2…
Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…
UAE-based offshore vessel and jack-up services provider Zakher Marine International (ZMI) has secured its first windfarm installation contract in the South China Sea valued at $110 million. 'With this award, ZMI becomes the first UAE and [Gulf…
UAE-based ADNOC Drilling has taken delivery of the Shelf Drilling Journey jack-up drilling rig from Shelf Drilling, following the sale and purchase deal signed in December 2020.Offshore drilling contractor Shelf Drilling said Thursday that it had on February 24…
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…
Chinese state-owned China National Offshore Oil Corp (CNOOC) has led the first group purchasing order for liquefied natural gas (LNG) on the Shanghai Petroleum and Natural Gas Exchange, the bourse said in a statement on Wednesday.The 120,000…
China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said…
