Most popular articles of the week, May 12 – 18, 2014
Lukoil Overseas, operator of international upstream projects of LUKOIL Group, has confirmed that on Thursday, May 8th, 2014, a helicopter crashed in the coast waters of the Republic of Ghana 3.4 nautical miles (5.4 km) from Takoradi.
China’s deployment of an oil rig in disputed waters of the South China Sea has driven protests in Vietnam in which several foreign factories have been set on fire by protesters.
Transocean Ltd. has, since April 17, received new drilling contracts valued $953 million in total. In its fleet status report, the drilling contractor said that its Dhirubhai Deepwater KG1 drillship was awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated backlog)
Singapore’s PACC Offshore Services Holdings Ltd. (POSH) has secured a charter contract worth approximately US$80.5 million for its semi-submersible accommodation vessel (SSAV), the “POSH XANADU”, for use by Petrobras, the Brazilian national oil company, to support its oil and gas production activities in the Campos Basin.
Malaysian oilfield services provider SapuraKencana has secured several new contracts through its subsidiaries. The total value of the contracts is $312 million.
New FPSO contract between Centrica and Teekay is expected to prolong the life of the Chestnut field in the UK sector of the North Sea.
Qatar Petroleum (QP) has announced plans to invest over 40 billion Qatari Riyals ( $11 billion) in the re-development of the existing Bul Hanine offshore oil field located about 120 kilometers to the east of the Qatari coastline.