Shell and China National Offshore Oil Corporation (CNOOC) have signed a Heads of Agreement (HOA) to expand their existing 50:50 joint venture (JV) in Huizhou, Guangdong Province, China.
China's apparent oil demand rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data.
Submitted by Editorial staff on 21st September 2015
21st September 2015
Trelleborg’s engineered products operation fast-tracked the manufacture, testing and delivery of its floatover mating technology for a major oilfield project in the South China Sea, in just four months.
Sinopec, the Chinese state-owned oil major and Asia's biggest oil refiner, has posted a 22 per cent decline in quarterly profits amid global slump in oil prices.
Jan De Nul Group keeps on investing. This time, two 6,000 ton Subsea Rock Installation vessels have been ordered at AVIC Weihai shipyard in Weihai, China
