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COSL completes first offshore drill with self-developed rotary drilling system

Submitted by Paddy Harris on Mon, 2014-11-24 09:25
24th November 2014
COSL completes first offshore drill with self-development rotary drilling system

China Oilfield Services Limited (COSL) has said its self-developed rotary steering drilling system, Welleader, has completed its first offshore directional drilling operation, an achievement that reaffirms the company's service capability in provision of offshore rotary steering drilling technology

Primeline secures funding to access LS36-1 gas assets offshore China

Submitted by Paddy Harris on Thu, 2014-11-20 12:47
20th November 2014
Primeline secures funding to access LS36-1 gas assets offshore China

Primeline Energy Holdings has announced that the financing plan of its share of the costs to complete the LS36-1 gas field development has now been finalised and was signed by Primeline and the financing banks

CNPC boosts collaboration in Myanmar

Submitted by Paddy Harris on Wed, 2014-11-19 15:53
19th November 2014
CNPC boosts collaboration in Myanmar

A memorandum of understanding (MOU) on expanding oil and gas cooperation has been signed between CNPC and the Myanmar ministry of energy

Caribbean FLNG undocks in China and prepares for Pacific Rubiales’ Colombia offshore projects

Submitted by Paddy Harris on Wed, 2014-11-19 15:42
19th November 2014
Caribbean FLNG undocks in China and prepares for Pacific Rubiales’ Colombia offshore projects

A ceremony was held today to celebrate the undocking of the Caribbean FLNG facility from the Wison Offshore & Marine dry dock in Nantong, China, bringing an economic, game-changing project closer to commercial reality

COSL launches South China Sea-bound semisub drilling rig

Submitted by Paddy Harris on Wed, 2014-11-19 14:40
19th November 2014
COSL launches South China Sea-bound semisub drilling rig

China Oilfield Services Limited (COSL) has announced the successful delivery of the deepwater semi-submersible drilling rig COSLProspector, commissioned and built in Yantai, Shandong

CNOOC strikes pay at Lufeng14-4 in the South China Sea

Submitted by Paddy Harris on Wed, 2014-11-19 14:32
19th November 2014
CNOOC strikes pay at Lufeng14-4 in the South China Sea

CNOOC has made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea

RH Petrogas spuds first of 15 development wells in the Fuyu 1 Block onshore China

Submitted by Paddy Harris on Mon, 2014-11-17 17:03
17th November 2014
RH Petrogas spuds first of 15 development wells in the Fuyu 1 Block onshore China

RH Petrogas has commenced the drilling of its first development well at Fuyu 1 Block, Jilin Province, China

Fosun closes Roc Oil acquisition and completes entry into oil and gas sector

Submitted by Paddy Harris on Mon, 2014-11-17 10:38
17th November 2014
Fosun closes Roc Oil acquisition and completes entry into oil and gas sector

Fosun International has announced that its wholly-owned subsidiary Transcendent Resources has closed the acquisition of Roc Oil Company last Friday, one of Australia's leading independent upstream oil and gas companies, by acquiring 92.6 per cent of Roc’s outstanding share capital.

Honghua commits USD 150m to Sino-Mex Energy Fund following energy sector reform

Submitted by Paddy Harris on Thu, 2014-11-13 17:18
13th November 2014
Honghua commits USD 150m to Sino-Mex Energy Fund following energy sector reform

The Chinese driller has, through a wholly-owned subsidiary, invested USD 150m into the Sino-Mex Energy Fund to participate and profit from onshore and offshore oil and gas infrastructure projects

China-Russia ink Western Route agreement and discuss shadowy offshore accord

Submitted by Paddy Harris on Mon, 2014-11-10 16:01
10th November 2014
China-Russia ink Western Route framework agreement and discuss shadowy offshore accord

A framework agreement stipulating natural gas supply terms to China via Russia’s the Western Route pipeline transmission network was signed between CNPC and Gazprom in Beijing yesterday in the presence of Russian president Vladimir Putin and Chinese president Xi Jinping

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