In parallel to front-end engineering and design work on Lingshui’s subsea systems, China National Offshore Oil Corporation (CNOOC) is also understood to have issued questionnaires to contractors covering FEED studies on the hull of project’s semi-submersible production unit.
Turkmenistan’s current President Gurbanguly Berdymukhamedov will rule the country for another seven years after an overwhelming victory in presidential polls this past weekend, writes Vladimir Afanasiev.
Nigeria’s anti-corruption watchdog the Economic & Financial Crimes Commission (EFCC) has landed a series of blows against key figures in the Opec nation’s scandal-hit oil industry with the recent seizure of large amounts of cash and other actions, writes Eoin O’Cinniede.
Nigerian Minister of State for Petroleum Resources Ibe Kachikwu has said that $80 billion is lost annually to vandalism and sabotage directed against oil and gas installations, with an average of about 10,000 incidents recorded each year, writes Barry Morgan.
Tullow Oil is aiming to participate in drilling prospects updip of ExxonMobil’s giant Liza oil discovery off Guyana as soon as next year as the Anglo-Irish independent prepares for a large 3D seismic programme this year, writes Eoin O’Cinniede.