CNOOC, China's largest offshore oil and natural gas producer, barred from outright opeation of recently acquired Gulf of Mexico oilfields. The oilfields were acquired by CNOOC through its US$15-billion takeover of Canadian firm Nexen. The state-owned oil giant's purchase of Nexen includes about 200 deep-water leases in the Gulf, however the company has surrendered operating control of them to quell US national security concerns, reports the South China Morning Post, noting that the requirements contrast with approvals for state-owned companies including Norway's Statoil and Brazil's Petroleo Brasileiro to control drilling and production in the Gulf. CNOOC will still own the assets and be allowed some general oversight, as well as to collect revenue from the properties, but with the status of a 'non-operator'. Source: South China Morning Post
China National Offshore Oil Corp (CNOOC) will tie up with US engineering design firm Friede & Goldman to develop China's first deep-water semi-submersible drill platform. CNOOC said the two companies signed a contract in late November and will jointly hold intellectual property rights put into the new rig. The rig is expected to cost about 4.5 bln yuan and will be delivered to CNOOC in October 2010 for use in the South China Sea, the Gulf of Mexico, and West Africa, among other locations
According to a Nov. 24 Bloomberg report, Cnooc Ltd. and its partners may spend about $29b to develop fuel deposits in the South China Sea in the nation's biggest push to tap reserves off the coast. The investments between next year and 2020 include an estimated $2.2b by parent China National Offshore Oil Corp. to build deepwater drilling equipment. (Source: Bloomberg)
May 26 1944 - USS England sinks fifth Japanese submarine in one week 1952 - Tests from 26-29 May demonstrate feasibility of the angled-deck concept conducted on simulated angled deck on USS Midway 1990 - USS Beaufort rescues 24 Vietnamese refugees in South China Sea May 27 1813 - American joint operations against Fort George, Canada 1919 - Navy NC-4 completes trans-Atlantic flight from Newfoundland to Lisbon, Portugal
According to a Sept. 24 report from United Press International, Asia, armed pirates boarded a tanker in the South China Sea, assaulted a crew member and robbed the rest of the crew. The six pirates were armed with knives and machetes as they boarded the Singapore-registered Prospect, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) said. The ship carrying liquefied petroleum gas was boarded just off Anambas Island.
The ReCAAP Information Sharing Centre issued an Incident Report stating that the tug Asta, which was hijacked in the South China Sea on Feb. 7, has been found and recovered in the area of Surigao City in the Philippines. Seven suspected pirates are currently in custody. The Chief Engineer, who was taken with the tug, has also been found alive. (2/26/10). (Source: Bryant’s Maritime News)
China will finish its first deep-sea drilling rig with a maximum working depth of three kilometers by 2011, a spokesman for China National Offshore Oil Corp. (CNOOC) said. The maximum drilling depth will reach 12 kilometers, which means it can operate in deep-water regions in the South China Sea, Southeast Asia, Gulf of Mexico and West Africa. The project, with a total investment of $599m, will be carried out by Shanghai Waigaoqiao Shipbuilding Co. under China State Shipbuilding Corporation
A new rescue ship was added to maritime service in the coastal city of South China. Designed and built in China, Nanhaijiu 101 is said to be the largest, fastest and the most powerful rescue ship in the country. It has two engines that can generate 14,000 kW, 6,000 kW more than the capacity of the any other ship in the fleet. The 328-ft. long vessel can rescue up to 200 people, and has landing space for helicopters. It can fight fires, tow ships and search for vessels at night.
New base in Shekou positions Expro to capitalise in the South China Sea. International oilfield services company Expro officially opened its new operations base in China, on February 2, in the company of key clientele and senior Expro management. The base in the Shekou industrial zone will have a workforce made up of both operational and support employees that will be responsible for servicing operations in the South China Sea
TOKYO—Mitsui O.S.K. Lines Ltd. (MOL ) today announced the upgrade of its Asia-South Africa network with the two following changes: MOL will meet customer needs by providing high-quality direct services and by providing variety of port coverage continuously. MOL will join new Asia and South Africa Service (ASA). Opening of the new route, linking Central and South China, Taiwan, South East Asia and South Africa, will start on April 8, 2012.
The National Science Board has authorized the National Science Foundation to enter into a cooperative agreement with Texas A&M University to continue managing the International Ocean Discovery Program (IODP) and operating its scientific research vessel 'JOIDES Resolution'
Orlando, Florida-based, Comtech Systems, has received a US$2.4-million contract to install the world’s first digital over-the-horizon microwave communications system, to be used on a deep water tension-leg oil platform for a major international oil company.
Wilhelmsen Technical Solutions (WTS) say they have secured multiple orders to supply Maritime Protection Inert Gas Generator (IGG) systems for installation on vessels under construction for operations offshore China. The Maritime Protection systems will be installed on three FPSOs for oil major
Today in U.S. Naval History - December 4 1918 - President Woodrow Wilson sails in USS George Washington for Paris Peace Conference. 1943 - Aircraft from USS Lexington (CV-16) and USS Independence (CVL-22) attack Kwajalein Atoll, sinking four Japanese ships and damaging five others
Tidetech and NAPA have agreed the supply of tidal current prediction data for ship optimisation fuel saving, initially for South East Asia and UK–Europe. Tidetech applies the science of oceanography to create data models that benefit commercial shipping – cruise ships, ferries
A ceremony for the frigate "Meizhou" of the Navy of the Chinese People's Liberation Army (PLAN) has been held at a naval port in Sanya in south China's Hainan province, officially naming & commissioning her to the South China Sea Fleet of the PLAN.
The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua.
Classification Society Lloyd's Register is restructuring its marine management in China to create a more efficient operating model. The new Marine Manager for Greater China will by Maogen Xue, to be based in Shanghai. The changes in personnel are as follows:
In its continuous drive to meet the growing needs of its existing and future customers, UASC has teamed up with China Shipping to offer new weekly Intra Asia container service (IAC1) covering Japan, South Korea, Central and South China and Thailand.
Zycraft Pte. Ltd. (Zycraft) hsaid it completed Phase 1 development of the Vigilant Class Independent Unmanned Surface Vessel. A lead vessel named the LongRunner has already completed over 24 months of inwater testing in Singapore waters and traveled a total of 2000 nautical miles.
Reef Subsea Dredging and Excavation (D&E) report they have secured a number of substantial contracts in the Middle-East and Asia Pacific as they continue to grow its global footprint. The Middle-East contracts will involve two teams from the company’s UK workforce managing subsea
SSP Offshore Inc. introduce their new offshore drilling platform the SSP12000, which they say incorporates the exceptional motion characteristics of the existing SSP proprietary floating platform designs integrated with an industry leading drilling package targeted for the deepwater and
Search is ongoing in the South China Sea amid strong gales for 74 crew missing after three fishing boats sank in Typhoon 'Wutip'. The three boats, all from south China's Guangdong Province with 88 fishermen aboard, were lost on Sunday afternoon near Shanhu Island of the Xisha Islands
Hong Kong - CNOOC Limited (NYSE: CEO, SEHK: 00883) announced that, Wenchang 19-1 North and Weizhou 12-8 West oil fields have recently commenced production. Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130 meters
Exercise Bersama Lima 2013, a Five-Power Defence Arrangements (FPDA) activity involving Australia, the United Kingdom, Singapore, Malaysia and New Zealand, kicks off 7, November 2013. Commander Australian Contingent, Wing Commander Louis Nuttycombe