Page 14: of Offshore Engineer Magazine (Feb/Mar 2014)

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platform in the Russian Arc- erates both the Qikou 18-1 oil licenses in the Gulf of Suez. campaign that resulted in the tic. The start of production feld and the Liuhua 19-5 gas Fifteen blocks, fve in the discovery of the Salamander- at Prirazlomnoye had long feld with 100% interest. Gulf of Suez and 10 in the operated Bualuang oil feld in been delayed due to aging Western Desert sedimen- the Gulf of Thailand.

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Rig inks in Korean yard equipment and a change in tary basins, will be avail-

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A semisubmersible drill- ONGC invests in the project’s shareholder able, with licenses to be

Krishna Godavari basin ing rig under construction structure. Located on the agreed on a production shar- at a yard in Korea is rest-

Pechora Sea shelf, 60km off- ing basis. Data purchasing State-run Oil and Natural Gas ing on the seabed after water shore (Varandey settlement), and data room will be avail- Corp (ONGC) will invest more entered the pontoon hull the Prirazlomnoye feld is in able in EGPC Geological & than US$9 billion to bring an and the unit sank. The rig, shallow water of 19m to 20m. Geophysical Information array of oil and gas discover-

Deepsea Aberdeen, was being

Gazprom estimates 72MM Center, Nasr City. ies in its Krishna Godavari built for Odfjell Drilling at tons of oil reserves and the basin block off the east coast

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Salamander Energy the Daewoo Shipbuilding potential to achieve annual into production by 2017-2018.

enters Malaysia and Marine Engineering ONGC has made 11 oil production of 6.6MM tons.

The UK’s Salamander Energy (DSME) yard in South Korea. and gas discoveries in Block

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CNOOC in production signed a production-sharing

The unit was evacuated after KG-DWN-98/2, which is

CNOOC Ltd.’s Qikou 18-1 ad- contract for Block PM322 the water ingress and the rig next to the Deendayal gas justment project commenced in the Melaka Straits, the stabilized on the sea bed, feld. The block is divided production in the west part company’s frst license in with draft at around 21m, into a Northern Discovery of Bohai in water averaging Malaysia. The shallow-

Odfjell said. The semisub Area (NDA) and Southern 10m. The project is expected water block includes about was due for delivery in May. Discovery Area (SDA). ONGC to hit its peak production in 20,000sq. km on the Malay plans to invest $9 billion

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Egypt offers 2014. CNOOC also began pro- side of the Central Sumatra in producing discoveries in exploration blocks duction at the Liuhua 19-5 basin, off peninsular

NDA. ONGC said that NDA gas feld, located in the Pearl The Egyptian General Malaysia. The PM322 PSC holds an estimated 92.30

River Mouth Basin in the Petroleum Corporation contains the Port Klang oil

MM tons of oil reserves and

South China Sea with water (EGPC) has launched a new discovery made by Sun Oil 97.568 Bcf of gas reserves averaging 185m. CNOOC op- bid round for exploration in 1991, in the same drilling spread over seven felds.

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