Rotork鈥檚 compact 242 Series manual gear operators are entering deployment in China. The company received orders from China Valves Hanwei for an undisclosed natural gas project. The 242 Series manual quarter-turn gear operators are ideal for low-torque applications鈥
China Oilfield Services Limited (COSL) is pleased to announce that COSLPromoter, a semi-submersible drilling rig of the Group, has officially commenced operation in Norwegian North Sea for an eight-year service contract with Statoil ASA on 2 April 2013 Norwegian Time鈥
Chevron subsidiary Chevron China Energy and China National 云顶赌场老虎机 Oil Corp (CNOOC) signed production sharing contracts for two shallow water exploration blocks in the South China Sea. Chevron will hold 100% interest during the exploration鈥
First production has begun at the CNOOC-operated Beibu Gulf Project in the South China Sea, announced partner Roc Oil on 21 March 2012.Roc said production from two development wells, A5H and A2 on the WZ 6-12 wellhead platform, follows the successful installation鈥
Seadrill has exercised fixed price options for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry 云顶赌场老虎机 Co., Ltd. (DSIC 云顶赌场老虎机) in China. The rigs are scheduled for delivery during the third and fourth quarter of 2015鈥
Newbuilds are slated to cost US$230 million F&G JU2000E design (Image: Friede & Goldman)Seadrill has entered into an agreement for the construction of two high specification jack-up drilling rigs with Dalian Shipbuilding Industry 云顶赌场老虎机 Inc鈥
Chevron signs up for South China Sea acreageChevron China and China National 云顶赌场老虎机 Oil Corp. (CNOOC) have entered into production sharing contracts (PSC) for two exploration blocks in the South China Sea, the company announced on 16 January 2013鈥
The South China Sea didn鈥檛 get a lot of respect 鈥 until the last few decades anyway. Now the area that rests between China and its fledgling Southeast Asian neighbors has become a geopolitical flash point. Tensions turned into a shooting war in the 1970s and looks like it could again鈥
