The central government is considering plans to upgrade regional cooperation between Beijing, Tianjin and Hebei province to build a trilateral economic sphere in the Bohai Bay area, according to Xinhuanet. The Bohai Bay area is considered China's third economic engine, alongside the Pearl and Yangtze river deltas. A final blueprint covering issues such as logistics, tourism and environmental protection will be drafted based on the three proposals, with input from experts, industry insiders and central government departments, reports Xinhuanet, citing Zhang Zhiqiang, head of the Tianjin Development and Reform Commission. Tianjin, a port city with a population of 14 million, is linked to Beijing by several highways, or a 30-minute trip by high-speed railway, while Hebei, a traditional industrial and transportation hub with rich natural resources and about 73 million residents, surrounds Beijing and Tianjin. Source: Xinhuanet
CNOOC Limited announced the successful completion of BZ19-4N-2D, an appraisal well drilled in Bohai Bay. BZ19-4N-2D, located on Structure BZ 19-4N on Block 11/19, was drilled in 23 m of water to a total depth of 2,390 m. Drilling of BZ19-4N-2D began in August 2005. The well encounters 98.5 m of pay zones. Two drill stem tests (DST) were conducted in two intervals. During the tests, the well flew about 770 barrels of oil per day and 0.15 million cubic feet of gas through a 7.94 mm choke.
CNOOC reportedly plans to more than double production at the Bohai Bay field to more than 27 million metric tons, or about 542,000 barrels a day, in five to six years as new fields come on stream, according to a report in the Herald Tribune. China is said to be encouraging its oil and gas producers to step up production to meet rising consumption spurred by an economy that rose 11.9 percent in the second quarter. Chinese oil demand will likely increase 5.9 percent to 7
CNOOC Limited announced that its two new oil fields, BoZhong (BZ) 26-3 and LuDa (LD) 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development and production operations of BZ 26-3 mainly rely on the facilities of its surrounding oilfields. With 4 wells online currently
Odfjell SE has made an agreement to enter into a joint venture via its subsidiary Odfjell Terminals Asia Pte Ltd (Singapore), with Tianjin Economic-Technology Development Area (TEDA) via its subsidiary Nangang Port Company to develop a terminal and marine facilities for bulk liquid chemicals, petroleum products and gases in the Nangang Industrial Zone (Tianjin) in China. The initial phase of the joint venture will consist of three deep sea berths and have a total storage capacity of
CNOOC Limited announced that its BZ25-1/BZ25-1South oilfields, which suspended production due to facility damage caused by strong winds in November 2009, are back into production. Currently, the production capability of BZ25-1/ /BZ25-1South oilfields has recovered to its normal level. The fields can produce about 27,000 barrels of oil per day before the incident. After the strong winds, in order to resume its production as early as possible, the company, together with its partner
CNOOC Limited announced that the Floating, Production, Storage and Offloading (FPSO) vessel Haiyangshiyou 113 shifted from its moorings by strong winds in the Bohai Bay area, has been safely secured. There were no injuries or oil spills. Operations at the BZ25-1/BZ25-1South oilfields were shut-in on November 10 as a safety precaution during the strong winds, and recovery activities are now being remobilized BZ25-1/BZ25-1South oilfield is a joint project developed with Chevron. CNOOC Ltd
CNOOC Limited announced that it has achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. The well was drilled in 16 meters of water to a total depth of 2772 meters. LD 27-1-1 encountered 34 meters of oil pay in 7 pay zones. The well was tested to flow 179 barrels of oil per day from three intervals 1170-1180, 1261-1267, 2691-2696 metres during drill stem tests.
LOC are setting key objectives for their second decade in China, while celebrating 10 years in multiple port cities across the country. “We are looking ahead to a great many things in China,” says Jon Walker, Regional Director of LOC. “These include growing our China offices over the next five years.” “Our commitment to hiring local talent, and our resource of international specialists
's National Development and Reform Commission has recently approved , a municipality in the north of the country, to prepare for establishment of a CNY 20 billion shipbuilding industrial investment fund. It is the second industrial investment fund the city sets up after Bohai Industrial Investment Fund was launched. So far, is the pilot city with the most industrial investment funds the authority permitted nationwide.
Fifty navy divers and mine warfare specialists from Australia, New Zealand, the United States, and Britain converged on Bland Bay, New Zealand for Exercise FULCRUM recently. The contingent had to locate and dispose of 16 dummy mines of varying shape, size and weight
San Francisco Bay boat designer and manufacturer Moose Boats said it has been awarded a contract to construct multiple 75-foot semi-displacement USCG Subchapter-T passenger catamarans for Westar Marine Services in San Francisco, Calif. The first vessel will commence production in the spring of 2017
The Cross-Bay Ferry carried a record 6,000-plus paying passengers in February, and experienced significant ridership growth in February for both weekday and weekend service between Tampa and St. Petersburg. During February, Cross Bay Ferry sold 6,070 tickets, a 57-percent rise from January
Australian Navy's HMAS Anzac commenced her recent transit to Fleet Base West alone, meeting with sister frigate HMAS Parramatta in Jervis Bay. For some such as Lieutenant James Keagan, Reserve Entry Officers’ Course member, it was their first real exposure to ship life.
The winter repair season is in full swing at Fincantieri Bay Shipbuilding (FBS) in Sturgeon Bay, Wis., where 16 vessels of various sizes from the Great Lakes bulk carrier fleet are in for winter repair, including five 1,000-foot bulk carriers
Amphibious transport dock ship USS Green Bay (LPD 20), with embarked 31st Marine Expeditionary Unit (MEU), officially kicked off Exercise Cobra Gold 2017 (CG 17) in Sattahip, Thailand, Feb. 14. Cobra Gold is a Thailand/United States co-sponsored
All American Marine, Inc. (AAM), inked a deal for the construction of a new hybrid electric passenger vessel to be delivered to the Red and White Fleet of San Francisco, California. The contract for the new 600 passenger aluminum monohull was signed during the recent annual Maritrends
Erik Johansen joined Elliott Bay Design Group's (EBDG) New Orleans office in December 2016 bringing with him 20 years of marine electrical experience. Johansen’s expertise includes supporting offshore vessel operators with major modifications
In line with the West Africa market trend, CMA CGM Group adapts its service offering while continuing to improve its service reliability and cost efficiency. Starting 1st week of March 2017, CMA CGM Group has decided to streamline its product offering from 5 to 4 direct weekly
A pair of newly launched 12m ferries, Cockle Bay and Blackwattle Bay, are the first vessels in a new class of small low impact ferries that respond to a need for transport to serve Sydney’s rapidly developing Bays Precinct. Designed by Incat Crowther for low capital and operating cost
Brazil-China rates hit 15-month high for second time this year. Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly next week after unexpectedly climbing this week on strong cargo volumes, ship brokers said.
Cargo volumes at the Port of Los Angeles reached 8,856,782 Twenty-Foot Equivalent Units in 2016, marking the busiest year ever for a Western Hemisphere Port. The previous record was set in 2006, when the Port of Los Angeles handled 8,469,853 TEUs.
The Coast Guard rescued six people from grounded vessels in Atchafalaya Bay, Louisiana, Saturday. At 2:35 p.m. watchstanders at Coast Guard Sector New Orleans received a report from a private helicopter of a 17-foot johnboat with three people on board that was taking on water in the Atchafalaya
Australia & New Zealand Banking Corp (ANZ) has agreed to sell its 20 percent stake in Shanghai Rural Commercial Bank (SRCB) for US$1.33bn. China Cosco Shipping Corp and Shanghai Sino-Poland Enterprise Management Development Corp had each agreed to acquire 10 percent of SRCB
The Coast Guard rescued one mariner aboard a disabled vessel after he become disoriented in Bellingham Bay, Saturday. Coast Guard Sector Puget Sound command center received a report from Station Bellingham of the disabled and adrift 27-foot crab in the shoals of Bellingham Bay with one person