Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
PDVSA buys Chinese rigs
Venezuela’s state firm said that it will buy 28 drilling rigs from Chinese firm, China Petro Technology and Development Co. (CPTDC) over the next three years. CPTDC is part of China National Petroleum. CPTDC expects to assemble some of the rigs in Venezuela, said PDVSA Vice President for E&P, Luis Vierma. “By 2008, we are going to be assembling rigs in Venezuela,” said Vierma. “By 2010-2011, we are going to be able to build our own rigs.”
CNOOC field onstream
China National Offshore Oil Co. Ltd. (CNOOC) said that Phase II of its Dong Fang (DF) 1-1 gas field has gone onstream. As the firm’s largest independent gas field, DF1-1 produces 187 MMcfgd, including 35 MMcfgd from three wells in Phase II. DF 1-1 is in the Yinggehai basin of Bei Bu Gulf in the western South China Sea. CNOOC also reported that it has signed PSCs for six exploration blocks in Kenya.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.