Chinese Giant Launches New Oil Development Project in the South China Sea
Chinese giant brings another oil development project online in South China Sea Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South China Sea ahead of schedule. CNOOC, which operates and holds 100% interest in the Xijiang 30-2 oilfield Xijiang 30-1 Block development […]
Malaysia Challenges Chinese Patrols to Boost Oil and Gas Drilling in the South China Sea: Report
Malaysia defies China’s patrols to expand South China Sea oil, gas drilling: report Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report. Short-range coastal tracking data show […]
Newly Manufactured Components Depart for North Sea Oil & Gas Projects: Connecting Two Platforms (Gallery)
Newly fabricated parts set sail to join pile piecing two platforms together for work at North Sea oil & gas projects (Gallery) The UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has completed its scope of work related to jacket pile clusters for two new platforms that are slowly taking […]
Challenges Intensify for North Sea Oil and Gas Industry
Trouble Deepens for North Sea Oil and Gas When the Labour Party came into power, it vowed to tax the oil and gas industry more. Warnings this might backfire fell on deaf years. Now, banks are refusing to lend to North Sea operators. It may well end with energy shortages. “To deliver our clean power […]