Bumi Armada signs up to Indonesian FLNG plan
Once the partners reach a final investment decision (FID), it would take around three years to reach first gas.
CNOOC
Cnooc first-half profit slides as weaker oil prices hit driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, even as China’s biggest offshore driller benefited from strong output during the period.
Offshore worker who died onboard Scott platform ‘liked by all’
Tributes have been paid to offshore worker who died after a medical emergency while working on a North Sea platform last week.
Shelf bags £13m North Sea drilling work with CNOOC
Shelf Drilling has secured a contract for drilling work at CNOOC’s Golden Eagle field in the central North Sea.
China’s CNOOC unveils new North Sea managing director
Chinese state-owned oil and gas company CNOOC (TSX: CNU) has raised the curtain on its new North Sea managing director.
Spirit Energy appoints former CNOOC VP as HSES director
Spirit Energy has appointed former CNOOC VP Scott McGinigal as technical services and HSES director.
Rights secured for 140 North Sea workers as Unite strikes pact with Cnooc
Trade union Unite is hailing a “significant” milestone after signing a recognition deal with a major North Sea operator.
Shakeup in league table of UK North Sea top producers
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
Cnooc builds its first floating turbine to power oil operations
Chinese oil group Cnooc has successfully built its first floating wind turbine, which will be used to power oil and gas operations.
Glengorm: From largest discovery to uncertain future
Once hailed as the UK’s largest gas discovery in a decade, CNOOC’s Glengorm development is now more likely to become a subsea tie-back - if it progresses at all.
UK well-slot: Trio of wells in action in the North Sea
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
China scouts for LNG in risk to gas market’s delicate balance
China is looking for shipments of liquefied natural gas (LNG) into next summer, a move which could tighten global supply and steal shipments away from Europe.
Keppel delivers Guyana’s third FPSO for ExxonMobil-led consortium
The Prosperity FPSO will be the third of four FPSOs Keppel is undertaking for deployment in Guyana.
Cnooc’s $3bn UK portfolio sale has stalled on valuation gap
Cnooc (TSX: CNU) has paused a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion in a deal, according to people familiar with the matter.
Museveni on site for first Kingfisher spud
Kingfisher will have around 20 production wells and 11 water injection wells, from four pads.
Shell, ExxonMobil, sign CCS study deal with CNOOC in China
Shell (LON:SHEL) has signed a Joint Study Agreement with CNOOC, Guangdong Provincial Development and Reform Commission, and ExxonMobil (NYSE:XOM) for the Daya Bay carbon capture and storage (CCS) hub project in China.
Philippine Supreme Court revokes South China Sea oil and gas exploration deal
Philippine oil and gas drillers tumbled Wednesday after the top court voided the nation’s 2005 deal with China and Vietnam to jointly explore for oil and gas in the South China Sea, less than a week after President Ferdinand Marcos Jr. agreed to revive similar talks with Beijing.
Cnooc lifts spending to raise energy supply as China reopens
China National Offshore Oil Corp. pledged higher spending this year as Beijing looks to raise production to safeguard energy security and fuel a rebound in economic growth.
Equinor mulling £1.2bn move for Suncor UK North Sea assets, according to reports
Equinor (OSLO: EQNR) is chewing over whether to make a play for a package UK North Sea assets currently owned by Suncor, according to reports.
More North Sea operators tipped to exit basin in 2023
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
Cnooc’s Golden Eagle field declining faster than anticipated
Production from Cnooc’s Golden Eagle is “lower than expected”, the result of “higher than anticipated rates of decline”.
CNOOC seeks $2bn sale of US assets – report
China’s CNOOC is reportedly seeking a $2 billion sale of its assets in the US as sanction concerns ramp up.
Eni, CNOOC bid for Mozambique acreage
Eni and CNOOC have submitted applications for areas up for grabs in Mozambique’s sixth licensing round.
Shell non-exec and former Nexen boss joins board of drilling contractor Valaris
A senior figure at oil giant Shell (LON: SHEL) has been appointed to the board of offshore drilling contractor Valaris (NYSE: VAL).
Major North Sea operators tease details of lucrative upcoming contracts
Some of the North Sea’s biggest companies have shared details of millions of pounds worth of upcoming operations and maintenance (O&M) work.