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 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 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 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.
'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.
Exousia Advanced Materials, Inc., through its China subsidiary, Tianjin Advanced Materials Inc., announced that the company has received an initial order from Bohai Ship Building and Repair to supply marine industrial coatings. This order, for approximately $250,000, will include a mix of zinc-rich epoxy primers to advanced non-skid coatings that integrate Exousia's patented Vistamer engineered particles. Exousia manufactures resins, engineered particles
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
U.S. and Canadian military personnel and government civilian agencies are scheduled to participate in Exercise Frontier Sentinel 14 from Friday through Oct. 24. The full-scale exercise is the final phase of a three-part scenario that focuses on maritime homeland security.
Smith Brothers, Inc., Chesapeake Bay-based barge and marine equipment charter company, recently added the tug Capt. Kenneth to its fleet of inland and truckable tugs. With the 99-year-old namesake looking on alongside his son, Jeffrey Smith, company president
Due to the behavior shown by the low pressure system in the Gulf of Mexico, whose career was diverted in the last hours, the Technical Analysis Group Emergency Response Plan for Hurricanes (PREH) of Pemex, recommended the suspension of the removal of offshore platforms in Campeche.
Eastern Shipbuilding (ESG) said that Suderman & Young Towing Company and Bay Houston Towing Company each exercised one additional Z-Drive Tug to be built at ESG. This brings the total to six of the new Robert Allan, Ltd. Z-Tech 2400 Class Terminal & Escort Tugs built at ESG's
U.S. Environmental Protection Agency (EPA) informs that Administrator Gina McCarthy has released a new Great Lakes Restoration Initiative (GLRI) Action Plan that lays out steps that federal agencies will take during the next five years to protect water quality
A flag raising ceremony will be held at 0800 hours on 1 October 2014 at the Golden Bauhinia Square outside the Hong Kong Convention and Exhibition Centre (HKCEC) to celebrate the 65th Anniversary of the Founding of the People's Republic of China.
U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.S. LNG export project to get the green light to begin construction from the Federal Energy Regulatory Commission
Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV 5) - the second Joint High Speed Vessel (JHSV) launched by Austal in 2014. This 103-meter high-speed catamaran represents the U.S
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway, total cargo tonnage from March 25 to September 30 reached 24.4 million metric tons.
The Coast Guard rescued four hunters stranded in Blackstone Bay near Whittier Monday. A 45-foot response boat-medium crew from Station Valdez safely transported the men and towed their skiff to Whittier. Watchstanders at the Sector Anchorage command center recieved a report from the men that
This year Sea Harvest celebrated 50 years since its inception and it launched its new vessel on Quay 6 at the V&A Waterfront in Cape Town. Fred Robertson, the Chairman of Sea Harvest and majority shareholder Brimstone Investment Corporation was present at the vessel christening ceremony
A yacht race from Hong Kong to Hainan Dao will take place on 16 October 2014 (Thursday). About 20 yachts are expected to participate in the race. The race will start at 1320 hours on 16 October 2014 off the Causeway Bay Typhoon Shelter, and follow an easterly route through the harbour
The Seattle divisions of Vigor Fab and Elliott Bay Design Group (EBDG) today announced that the 15,000-barrel tank barge Global Pilot has been delivered to Maxum Petroleum. Designed to balance performance with fabrication cost, the 15,000-barrel tank barge features a recessed machinery space
Vessels were being urged to travel carefully through the Mobile shipping channel on Tuesday after two boats containing 2,000 gallons of oil capsized the previous night, leaving a mile-long sheen, the U.S. Coast Guard Mobile Sector said. Five crew members were rescued from the 52-foot (15-metre)
Falling oil prices still to attract large scale storage at sea Oil tanker rates gaining ground after years in doldrums Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for now