China Oilfield Services Limited (COSL) has seen its semi-submersible drilling rig NH9 complete drilling operations at its first 1,000-metre deepwater well offshore China
Offshore deepwater production from fields within China’s territorial waters is growing exponentially and state players like CNOOC and CNPC want to go it alone without kowtowing to Western IOCs – but is this the end of European and North American involvement offshore China?
Brightoil Petroleum is planning to submit a formal bid to acquire all the issued shares of Newfield Global, which holds a 12 per cent interest in Bohai Bay Block 05/36 and a 49 per cent interest in Pearl River Block 16/05
Rosneft has made a defiant turn to the East to procure funding and technology for upstream development following the continued imposition of Western sanctions
InterMoor has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC) with support from Acteon sister companies in the Panyu and Enping fields, Pearl River Mouth basin, South China Sea
UOP LLC, a Honeywell company, has announced that Cepsa Chemical (Shanghai) will use UOP process technology to meet demand in China for key petrochemicals used to make plastics for the fast-growing domestic construction and automotive industries
Singapore-based RH Petrogas Limited (RHP) has received approval from the National Development and Reform Commission (NDRC) of the People’s Republic of China for its Overall Development Plan (ODP) for the phased development of the Yongping Oilfield in the Fuyu 1 Block