CNOOC became the operator in three Beibu Gulf fields offshore China after signing a supplemental development agreement (SDA) for the fields, field partners said on 25 August 2010 ...

Platts - China's apparent* oil demand slowed in July, dropping from June's record high of 36.74 million metric tons (mt) to 35.82 million mt or about 8.47 million barrels per day (b/d) ...

Noble Corporation has signed contracts with STX Heavy Industries and Huisman Equipment for the construction of a new dynamically positioned, ultra-deepwater Globetrotter-class drillship ...

AMEC has bought 35% of the Shanghai Zone Petrochemical Engineering Company (SZPE) in China to form SZPE AMEC, a new joint venture to provide engineering services ...

CNOOC's new Bozhong (BZ) 19-4 shallow formation oil field in the Bohai Bay has started production, the company said 9 August 2010 ...

Oilfield service company Expro signed a $100 million, multi-year contract with TS Marine Asia Pacific to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S subsea well intervention system ...

West Bay Energy and Cellect Plastics entered into an exclusive representation agreement wherein WBE will bring Cellect Plastics' advanced Opflex oil-spill cleanup products to the People’s Republic of China for use at Dalian ...

Seadrill won a six-month contract extension from Husky Oil China for the West Hercules ultra-deepwater rig ...

Huisman and Heerema Offshore Services signed a letter of intent for Huisman to deliver heavylifting and pipelay equipment for Heerema's new deepwater construction vessel, Huisman said 27 July 2010 ...

Salamander Energy P&A'd the Tom Hum Xanh-1X well offshore Vietnam as a dry hole, the independent said 23 July 2010 ...

The shallow water BZ 29-4 oil field in the Bohai Bay has started production, CNOOC said 22 July 2010. The field's production is projected to peak at 7800b/d within the year ...

Chinese companies have stepped up their activities over the last year, and two recent reports from analysts Infield Energy Analysts and Wood Mackenzie suggest increased activity

After two years of engineering, procurement, and project preparations, the first of two floatovers for the Korean Vyborg Project is complete, Dockwise said 12 July 2010 ...

Optimism is evident as shipyards remain busy delivering vessels, take on a broad range of projects and continue to both expand existing facilities and acquire new sites . . .

Having launched its Fluor Offshore Solutions arm in 2008, Fluor has been busy situating itself to win subsea work when the offshore oil & gas market starts its uptick . . .