MacGregor, part of Cargotec, has won a contract from Chinese shipbuilder Wuhu Xinlian to supply two complete deck equipment packages for a pair of 78-metre anchor handling, supply and oil recovery vessels
Submitted by Paddy Harris on Fri, 2015-03-06 16:41
06th March 2015
Ethelbert Cooper, the founder of beleaguered Nigeria-focussed explorer Afren, has said the company will change its capital structure to suit new Chinese investors, according to the Financial Times
China's first fully-hydraulic mobile drilling rig integrated with automated wellhead tools, fast moving capability, fully hydraulic drive and compact structure, the KY720, has been developed by Kerui Group
Submitted by Paddy Harris on Wed, 2015-03-04 11:44
04th March 2015
In the past, massive market fluctuations would have provided state-backed oil and gas companies the chance to outmanoeuvre their private-investor dependent rivals and seize vulnerable assets, but wider economic and political factors have placed a straightjacket on national oil companies in the world’s fastest growing economies
The Gazprom board of directors has approved the company’s strategy aimed at diversifying its export routes and increasing the Russian gas competitiveness
Searcher Seismic has entered into a commercial marketing agreement with BGP that provides BGP with an exclusive right to market the Searcher multi-client 2D and 3D seismic library within China and receive commission fees on the sales of this data
Submitted by Paddy Harris on Tue, 2015-02-10 16:54
10th February 2015
China National Offshore Oil Corporation (CNOOC) has signed two production sharing contracts (PSCs) with South Korea’s SK Innovation Co., Ltd. (SK) for Blocks 04/20 and 17/03 in the South China Sea
