CNOOC Signs $50m Deal with Aker

Friday, November 16, 2007
China National Offshore Oil Corp (CNOOC) yesterday signed a $50 million contract with Norwegian company Aker Kvaerner ASA for deepwater drilling equipment supplies. The Norwegian company earlier won a contract valued at $128 million from CNOOC. The contract includes the delivery of an ultra deepwater drilling rig. The company will also focus its overseas expansion on ventures in Western Africa, the Middle East, Asia Pacific and Central Asia, he said. China will finish its first deepwater drilling rig with a maximum working depth of 3 km by 2011. The maximum drilling depth will reach 12 km, which means it can operate in deepwater regions in the South China Sea, Southeast Asia, Gulf of Mexico and West Africa. The project, with a total investment of 4.5 billion yuan, will be carried out by Shanghai Waigaoqiao Shipbuilding Co under China State Shipbuilding Corporation, according to CNOOC. Source: China Daily
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


MECNW Appoints New CEO

Terry Weston has been confirmed as Chief Executive of Maritime and Engineering College North West (MECNW) following the retirement of his predecessor, Jim Teasdale, at the end of September.

MacGregor's Deck Machinery for Sentinel Marine ERRV

MacGregor, part of Cargotec, will supply deck machinery for a new 65m emergency rescue & response vessel (ERRV) for Sentinel Marine. The ship has been designed

Maersk to Install Inmarsat's Entertainment Service

The leading provider of global mobile satellite communications services, today announced that Maersk Tankers, the owner and operator of one of the world’s largest fleets of product tankers,

Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1603 sec (6 req/sec)