Late Delivery Expected for CNOOC's First Deep-water Rig

Monday, October 22, 2007
According to a Reuters report, the delivery of China National Offshore Oil Corporation's (CNOOC) first deep-water semi-submersible drilling platform will be delayed, at least for months, state media reported recently. Construction of the platform is expected to be completed in 2011, the official Xinhua news agency cited the company as saying. CNOOC had anticipated the delivery on Oct.1, 2010. This would mean the top offshore oil producer in China has to postpone its first independent voyage, armed with a Chinese rig, to tap deep water oil and gas resources home and abroad. CNOOC has awarded the construction, a $599m deal, to China Shipbuilding Industry Corporation's Shanghai Waigaoqiao plant, the report said, though it did not state when construction will kick off. The rig can operate in waters of up to 3,000 meters deep and drill a maximum of 12,000 meters, the report said. CNOOC also expects it will invest $20b on deep water facilities in the future, the report quoted an unnamed company official as saying, without giving a timeframe. The rig would be used in deep water areas in the South China Sea, Southeast Asia region, the Mexico Gulf and West Africa, Xinhua said. [Source: Reuters]
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

New Crewboat Design for Offshore O&G Market

Upgraded crewboat design employs carbon-reinforced composite materials and is lighter, faster and more fuel-efficient than alternatives. Marine Oil Transportation

2,545 Candidates Vie for 11 Positions at Maersk Drilling

Maersk Drilling reported 2,545 applicants for the 11 MITAS engineer positions available within the company in 2014. The Maersk International Technology and Science Program,

GDI Awards N-KOM US$110-M Contracts

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts

Maritime Safety

House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep.

Mediterranean Boat People Numbers Near 100,000

Almost 100,000 boat people have made the dangerous journey across the Mediterranean to Europe this year, a roughly 60 percent increase on the whole of last year,

Hall Joins Bouchard Transportation

Retired Active Duty Coast Guard Commanding Officer Brian Hall has joined Bouchard Transportation Co., Inc., the nation’s largest independently-owned oceangoing petroleum barge company,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1059 sec (9 req/sec)