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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Five Years on from Macondo

An interview with NOIA’s Randall Luthi provides unique perspective on where the offshore energy business has been, where it is now, and where it could be headed next.

Offshore O&G: Weathering the Storm

Vessels are stacked as Gulf oil operators retrench and day rates fall. In the Gulf of Mexico, vessels serving offshore oil-and-gas exploration and production are

Fugro Extends Contract with McDermott

Fugro has been awarded a three-year extension to its existing contracts with McDermott Middle East, Inc. The contract covers the provision of survey, positioning,

Maritime Safety

Iran, Oman Sign Maritime Agreement

Iran's Mehr news agency said that Iranian Foreign Minister Javad Zarif and Omani Foreign Minister Yusuf bin Alawi have announced that the two countries have agreed

6,000 Gallons of Diesel Spilt in Alaskan Gulf

Unified Command responding to cleanup aboard vessel in Seldovia, Alaska   A Unified Command consisting of representatives from the U.S. Coast Guard, U.S. Department of the Interior,

IRS Introduces Ship Construction Standards

The International Register of Shipping has submitted goal-based new ship construction standards for verification audit by the International Maritime Organisation.

 
 
Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar Winch
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: 0.1208 sec (8 req/sec)