CNOOC starts production from Jinzhou 25-1 oilfield offshore China
China’s state-owned offshore oil and gas firm CNOOC has announced the commencement of production at the Jinzhou 25-1 oilfield 6/11…
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Oil prices drop as surging Covid-19 cases raise demand concerns
Oil prices fell as demand concerns persist in the wake of surging Covid-19 cases. Over one million people have died…
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BP hits 25-year low a week after unveiling a new climate strategy
BP’s shares in London on Thursday stood at 232.4p, the lowest they have been since October 1995. The development follows the efforts of BP chief…
POSH secures long-term charters for POSH Arcadia and POSH Xanadu vessels
Offshore marine services provider PACC Offshore Services Holdings (POSH) has secured long-term charters for two of its offshore semi-submersible accommodation vessels, namely POSH Arcadia and…
Solstad secures vessel charter extensions with Equinor and Aker BP
Norwegian offshore service company Solstad Offshore has won vessel charter extensions with Norwegian oil firms Equinor and Aker BP. Equinor…
Oil prices fall due to growing concerns over fuel demand recovery
Oil prices have edged down due to rising concerns over the impact on fuel demand as a result of the…
Neptune and partners start subsea construction of North Sea project
Oil exploration and production company Neptune Energy, alongside its joint venture (JV) partners BP and JAPEX, has started subsea construction…
Petrobras discovers hydrocarbons in Campos Basin block offshore Brazil
Brazilian state-owned firm Petrobras has discovered hydrocarbons in Block C-M-657, in the ultra-deep waters of the Campos basin offshore Brazil.…
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Oil prices fall amid slowing US economic recovery due to Covid-19
Oil prices have slipped due to concerns that the recovery of the world’s biggest economy, the US, is slowing as…
BP receives all regulatory approvals for drilling Ironbark-1 well
Oil major BP has received all the required regulatory approvals for drilling the Ironbark-1 exploration well offshore north-west Australia. The…
Nanbao 35-2 Oil Field S1 Area, Central Bohai
The Nanbao 35-2 oil field S1 area is located at a water depth of 17m in the central part of…
Acoustic Leak Detector
During last November, CO.L.MAR. has been present in two very important events.Pietro Barbagelata, technical director, presented his conference's paper to…
Al Shaheen Oil Field
Al Shaheen, Qatar’s biggest offshore oil field, lies 180km north of Doha, in Block 5 in the Qatar peninsula. It…
Petronas PFLNG DUA Project, Sabah, Malaysia
Petronas PFLNG DUA project, previously known as Petronas Floating Liquefied Natural Gas-2 (PFLNG-2), involves the installation of a new FLNG…