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China's $1 billion oil drilling rig, the Haiyang Shiyou 981 – owned and operated by the China National Offshore Oil Corporation – in the South China Sea, Ocean Oil 981 – began its first drilling operations in 2012. [19] [20] It led to protests and hence had to be shifted back. [21]
The rig designed by Friede & Goldman. The rig began operation on May 9, 2012, in the South China Sea , 320 km southeast of Hong Kong , at a depth of 1,500 m. On May 2, 2014, the platform was moved near to the Paracel islands , [ 1 ] a move Vietnam stated violated their territorial claims [ 2 ] while Chinese officials said was legal [ 3 ] as it ...
The Hai Yang Shi You 981 standoff, also known as the 2014 China-Vietnam oil rig crisis, refers to the tensions between China and Vietnam arising from the Chinese state-owned China National Offshore Oil Corporation moving its Hai Yang Shi You 981 (known in Vietnam as "Hải Dương – 981") oil platform to waters near the disputed Paracel Islands in South China Sea, and the resulting ...
The rig completed the Kapuni drilling campaign of 4 wells for STOS (Shell Todd Oil Services) in August 2013. Its next drilling project commenced August 2013 for Tag Oil with one well successfully drilled at Cheal C of a depth of just under 5,000m. The rig was then stood down pending appeals for the next stage of a drilling campaign for Tag Oil ...
China National Offshore Oil Corporation, or CNOOC Group (Chinese: 中国海洋石油总公司; pinyin: Zhōngguó Háiyáng Shíyóu Zǒnggōngsī), is the third-largest national oil company in China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec).
China Oilfield Services (COSL) is an oilfield services company. It is a majority owned subsidiary of Chinese state owned company CNOOC Group. [ 1 ] It also has a listed sister company in Hong Kong, CNOOC Limited .
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The Jereh Group (simplified Chinese: 杰瑞集团; traditional Chinese: 傑瑞集團; SZSE: 002353) known as Yantai Jereh Oilfield Services Group Co., Ltd. and formerly Jereh Oilfield Services or Yantai Jereh is a Chinese oil field services company and manufacturer of oilfield equipment.