Melissa Sustaita provides an overview of activities slated for this year’s Offshore Technology Conference. An overview of OTC 2016’s exhibition hall. Photo from Offshore Technology Conference (OTC)…
While Southeast Asia has suffered during the downturn, a return to natural gas developments could drive sector activity over the next several years. Steve Hamlen sets out the details. Shell’s Gumusut-Kakap platform operating off the coast of Sabah…
The Hoang Long Joint Operating Co. resumed the 2017 Te Giac Trang (TGT) drilling program, offshore Vietnam, according to partner SOCO International. The Te Giac Trang Field of Block 16-1, is in the shallow water Cuu Long Basin, offshore southern Vietnam…
The 2016 development drilling program offshore southern Vietnam on the Te Giac Trang (TGT) Field of Block 16-1 has commenced, announced SOCO. The infill wells, TGT-27P and TGT-28P, will be batch drilled with the first well spudded on…
Petrovietnam Marine Shipyard (PV Shipyard) is due to deliver the Tam Dao 05 jackup drilling rig to its client today (12 August). Earlier this week, the firm completed full height jacking trials on the rig. Tam Dao 05 is a Friede and Goldman JU-2000E design…
Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…
Rosneft has made its debut as a drilling operator in international waters, as the Russian giant commenced drilling operations at the PLDD-1X well, offshore Vietnam. The HAKURYU-5 rig, image from Japan Drilling…
Malaysia's Mitra Energy gained approval from the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) fields, off Vietnam. Image from Mitra Energy…
The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…
First oil and gas was produced from the H5 wellhead platform (H5-WHP) on the Te Giac Trang (TGT) field 10 August offshore Vietnam, says SOCO. The start of production was achieved one month ahead of schedule and the H5 development project has been completed with zero lost time accidents…
Japan's JOGMEC is to provide equity financing to fellow Japanese firms Idemitsu Kosan and Sumitomo Corporation, which acquired participating interests in the exploration Blocks 39 and 40/02 offshore, Vietnam. Idemitsu and Sumitomo signed the production sharing contract (PSC)…
Soco International has signed a memorandum of understanding with PetroVietnam and SOVICO Holdings over potential exploration and production on Blocks 125-126, offshore Vietnam. Soco president and CEO Ed Story said: “SOCO began evaluation…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…
US-based Chevron is cutting 1500 employees in its attempt to slash costs by US$1 billion, with Houston employees getting the majority of the job cuts. Chevron's Big Foot has seen delays this quarter…
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