CNOOC Ltd.’s unlisted parent company plans to start deep water oil and gas exploration in the South China Sea with Canada's Husky Energy Inc. next year, according to AP report. If the scheduled exploration finds sizable reserves in a bloc in the South China Sea about 185 miles south of Hong Kong, it will be China's first deep water oil and gas field. CNOOC's parent company is currently restricted to pumping oil and gas offshore at no deeper than 350 m, because of the technology currently available to it. According to the report, CNOOC previously signed a production sharing contract with Husky, an integrated oil and gas producer, to jointly explore and develop two deep water blocs in the South China Sea. The two companies explored the other bloc in the western part of the South China Sea in 2004, but the reserves discovered were too small to justify commercial drilling. Source: AP
The United States is concerned about dangerous conduct and intimidation in the South China Sea after reports of a Chinese vessel ramming Vietnamese ships, the U.S. State Department said on Wednesday. State Department spokeswoman Jen Psaki also said China's deployment of an oil rig in a disputed part of the South China Sea was "provocative and unhelpful" to security in the region. (Writing by Bill Trott; Editing by Susan
A ceremony for the frigate "Meizhou" of the Navy of the Chinese People's Liberation Army (PLAN) has been held at a naval port in Sanya in south China's Hainan province, officially naming & commissioning her to the South China Sea Fleet of the PLAN. The "Meizhou" (584) is a new-generation light guided missile frigate independently developed by China. It integrates many types of weaponry and equipment, and features good stealth performance, great information integration
China National Offshore Oil Company Limited (CNOOC Ltd) announced that its parent China National Offshore Oil Corporation (CNOOC) has signed two production sharing contracts (PSC) with US-based Newfield Exploration Company. The two contracts are for blocks numbered 22/15 and 16/05, both in the South China Sea. Block 22/15 in the Beibu Gulf Basin in the western South China Sea covers 5,228 square km, with water depth of 10 to 60 meters.
A Chinese oil rig whose deployment to waters claimed by Vietnam early this month triggered a rupture in ties has a good chance of finding enough gas to put the area into production, Chinese industry experts said. That would give China its first viable energy field in the disputed South China Sea, as well as make it a source of friction with Hanoi for years to come. For now, China has said nothing about the potential of the area
Six U.S. senators urged their colleagues on Friday to support legislation reaffirming U.S. support for freedom of navigation, saying they consider China's recent actions in the South China Sea troubling. China this week accused Vietnam of intentionally colliding with its ships in the South China Sea after Vietnam asserted that Chinese vessels used water cannon and rammed eight of its vessels during the weekend near an oil
Philippines police seized a Chinese fishing boat in the disputed South China Sea on Wednesday, an official told Reuters, the latest flare-up of tensions in the oil and gas-rich waters that are claimed wholly or in part by six Asian nations. Chief Superintendent Niel Vargas of the Philippine National Police Maritime Group said a maritime police patrol apprehended a Chinese fishing boat around 7 a.m. on Tuesday off Half Moon Shoal.
Hong Kong - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production-sharing contract (PSC) with Eni China B.V. (Eni) for the deepwater Block 30/27 in South China Sea. Block 30/27, located 400 kilometers off the coast of Hong Kong with a total area of 5,130 square kilometers, is one of the blocks CNOOC offered for foreign cooperation in 2011. According to the terms of the contract
In view of the development of intra-Asia waterborne trade, Evergreen Line will realign its fleet deployment and launch new services, effective November 2011. Two new service loops will replace the existing Japan- Taiwan - South China Sea (JTS) service. The new South China Sea - Hong Kong (SCH) loop will serve the southern leg of JTS service while the northern leg will be covered by the carrier's existing service network
The IMO issued a Maritime Safety Committee circular providing the annual report for 2002 of reports on acts of piracy and armed robbery against ships. The number of such acts reported to the IMO during 2002 was 383, an increase of 4% over the figure for 2001. The most affected area was the Far East, with 140 incidents reported in the South China Sea alone. MSC.4/Circ.32 http://www.imo.org/includes/blastDataOnly.asp/data_id=7215/32-b&w
The Taiwan military was collecting and distributing sandbags to guard against possible flooding on Tuesday as a typhoon bore down on the island after brushing the Philippines. Typhoon Matmo, a category-two cyclone on Tropical Storm Risk's scale of one to five
A super typhoon slammed into China on Friday killing one person, as the government ordered an all-out effort to prevent loss of life from a storm that has already killed at least 64 people in the Philippines. Typhoon Rammasun, with winds of up to 180 kph (112 mph)
The Philippines is pushing for a meeting among four Southeast Asian nations with conflicting claims to waters in the South China Sea so that they can hammer out a common stand in dealings with China, Manila's foreign minister said on Friday.
Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.
The U.S. pressed China to implement structural reforms in its exchange rate and to modify its "aggressive behaviour" in disputed waters during a preliminary round of bilateral talks, senior U.S. officials said. The United States, led by U.S
Six Vietnamese fishermen have been detained by the crew of a Chinese vessel in the South China Sea, officials of both countries said on Friday, the latest in a two-month fracas between the Communist neighbours over maritime sovereignty.
A giant U.S.-led naval exercise began off Hawaii on Thursday with China joining its Asia-Pacific rivals for the first time, but analysts doubted the drills will ease tensions over Chinese maritime claims and some said Beijing could use them to strengthen its navy.
Well-established local criminal syndicate diversifying its targets rather than undertaking new operations says Denmark-based security advisory and intelligence company Risk Intelligence. The recent hijacking cases of coastal product tankers in Southeast Asia for the theft of their cargos
China, involved in a growing dispute with its neighbours over the energy-rich South China Sea, wants to promote peaceful development of the oceans, Premier Li Keqiang said, warning conflicts in the past had only brought "disaster for humanity".
U.S. President Barack Obama on Friday urged China and its neighbors to peacefully resolve a dispute over oil drilling in the South China Sea and avoid escalating tensions. "It is important for us to be able to resolve disputes like maritime disputes in accordance with international law
China is sending four oil rigs into the South China Sea in a sign that Beijing its stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.
The ICC Commercial Crime Services' International Maritime Bureau (IMB) is warning small tankers to maintain strict antipiracy measures in the South China Sea following a spate of tanker hijackings in the region, GAC reported in its daily Hot Port News report.
China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky.
A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea and accused Hanoi of trying to force an international lawsuit.
A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea, and accused Hanoi of trying to force an international lawsuit. China claims about 90 percent of the South China Sea