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Hai Yang Shi News

10 Aug 2023

Pavilion Energy, CNOOC Complete First Bunker Delivery to LNG-powered VLCC

Credit: Pavilion Energy

Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first liquefied natural gas (LNG) ship-to-ship bunker operation for a very large crude carrier (VLCC) at China's Guangzhou port, the companies said on Thursday.A total of 2,800 metric tons of LNG was delivered from CNOOC's LNG bunker vessel Hai Yang Shi You 301 to the VLCC Maran Dione, owned by Angelicoussis Group's Maran Tankers Management (MTM), the companies said in a joint statement.The bunker operation came after Pavilion Energy…

27 Jul 2018

COSL to Drill Tui Field Wells for Tamarind Resources

Offshore driller COSL Drilling Europe as entered into an agreement with Tamarind Resources for drilling operations with Hai Yang Shi You 982 (HYSY 982) in New Zealand.Tamarind Resources owner of the Tui Field (PMP 38158) announced that it has entered into a contract with COSL Drilling Europe for the semi-submersible rig, HYSY 982 (HYSY 982 is the sister rig of COSLProspector). The contract consists of three firm wells, and options to extend the contract terms for up to one optional side-track development well and up to one optional exploration well, all to be drilled within the Tui permit. The drilling program is due to commence in Q2/Q3 2019.Ian Angell, CEO of Tamarind, commented:  "We are very pleased to announce that we have entered into this contract with COSL for the HSYS 982.

05 Feb 2018

US Coast Guard Publishes Banned Vessels List

© Mariusz Niedzwiedzki / Adobe Stock photo

The U.S. Coast Guard posted a list of vessels that are prohibited from entering the navigable waters of the U.S. or transferring cargo in the U.S., absent a specific determination from the U.S. Secretary of State or other limited provisional entry allowed by law. This list, which is published pursuant to the North Korea Sanction and Policy Enhancement Act of 2016 and the Ports and Waterways Safety Act (PWSA) as amended by the Countering America’s Adversaries Through Sanctions Act (CAATSA), was last updated on February 2, 2018. DONG NAM NO. HIYOSHI MARU No.

27 Aug 2015

CNOOC Profits Nosedives, Eyes South China Sea

Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year. Net income dropped to 14.73 billion yuan ($2.3 billion), or 0.33 yuan a share, from 33.59 billion yuan, or 0.75 yuan, a year earlier, the Beijing-based explorer said in a statement to the Hong Kong stock exchange Wednesday. That exceeded the 13.9-billion yuan average of three analyst estimates compiled by Bloomberg. Despite profit fall, the company kept its dividend payout the same as the year-earlier level. Planned capital expenditure reduction by about 30 billion yuan this year and first-half savings of 12 billion yuan on an oil production tax helped offset lower cash inflows due to lower oil prices.

04 Jul 2015

CNOOC Acquires Asia's 1st LNG Powered Tug

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel. Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC, features a propulsion package based on twin Rolls-Royce Bergen C26:33L9PG engines and a pair of highly reliable Rolls-Royce US 205 CP azimuth thrusters to ensure the tugs have rapid manoeuvring and strong bollard pull capabilities. A successful sea trial has proven an extra gain for both ship speed and bollard pull. Richard Wang, Rolls-Royce, Senior Vice President – Commercial Marine…

26 Aug 2014

ABS Opens Office in Beijing

ABS, a global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing. This move shows ABS' determination in expanding best-in-class service for the Chinese market. This new office will allow further collaboration with government, industry, academic institutions and research organizations and is part of ABS' continued commitment to serving the growing marine and offshore industries in China. "Since we opened our first China office in Shanghai in 1993…

06 Mar 2013

POSH Terasea Forms World’s Largest and Youngest Fleet

PACC Offshore Services Holdings (POSH), through its EPIC division, has announced the formation of a joint venture company POSH Terasea Pte Ltd with Terasea Pte Ltd (Terasea). POSH will contribute to the JV a fleet of five specialized Anchor Handlers (12000BHP to 13500BHP) while Terasea contributes four units of newbuilding modern deepwater 16000BHP Anchor Handlers, to be delivered successively over the next 11 months. With this merger, Posh Terasea will operate the largest and youngest fleet of vessels for the ocean towage market.

16 May 2012

China's First Deepwater LNG Pipe-Layer Sets Sail

Photo credit China Rongsheng

The vessel has set sail for the “Liwan 3-1” gas field in the South China Sea today and will prepare for pipe laying works. “HAI YANG SHI YOU 201” not only deploys world-leading offshore engineering technology, but also marks the first self-design and self-build deepwater offshore engineering vessel project in China, advancing the nation’s deepwater resources exploration strategy. As the flagship of CNOOC’s deepwater exploration fleet, “HAI YANG SHI YOU 201” is planned to arrive at the “Liwan 3-1” gas field in June after departing from Qingdao.

19 Mar 2010

Wärtsilä Selected Best Supplier by CNOOC

Wärtsilä received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation. After internal evaluation by project management teams, 28 Chinese and international vendors participating in nine of CNOOC's major projects were honored. Wärtsilä is involved in four of these projects. This was the first time that CNOOC had arranged such an event to recognize its best suppliers, and the awards were presented at a ceremony held in Beijing. The project for which Wärtsilä received the award involves the construction and commissioning of the deepwater pipe-laying and crane vessel named Hai Yang Shi You 201 (HYSY 201). The vessel will be used in the construction and installation of infrastructure needed to develop offshore deepwater oil & gas fields worldwide.