Seadrill Orders New UDW Drillship for $600M
Monday, April 30, 2012 With yard costs at very attractive levels and Seadrill's proven track record with respect to successful new build construction, Seadrill announces the order of a sixth drillship from Samsung with delivery in 2Q 2014.
TSC to Proceed with Construction at Shell's FLNG Facility
Monday, May 30, 2011 TSC will provide engineering, procurement, construction and installation for the FLNG facility Shell will deploy at its Prelude gas field off the northwest coast of Australia.
KNOC to Make $3.95B Bid for Canadian Oil Firm
Thursday, October 22, 2009 Korea National Oil Corp. will buy Canada-based Harvest Energy Trust for $3.95 billion, in the largest acquisition of a foreign oil firm by a South Korean company.
Shell Awards Floating LNG Contracts to Technip, Samsung
Tuesday, July 28, 2009 Shell signed a master agreement with the Technip-Samsung consortium in Paris today for the design, construction and installation of multiple floating LNG facilities over a period of up to fifteen years.
KNOC Loses Race for Addax, But Has Edge on China Peers
Thursday, June 25, 2009 KNOC's reluctance to match Sinopec's bid for Addax may reflect a major advantage over its Chinese rival: the possibility of looking for acquisitions in the U.S.
Korean Firms Test Water Offshore China
Thursday, June 04, 2009 Majuko Group's purchase of a stake in an oil block near Hong Kong could pave the way for more deals offshore China by Korean firms.
Total, KNOC Ink Deal for Onshore Yemen Farm-In
Friday, October 17, 2008 Total has signed an agreement with KNOC to farm-in to onshore exploration Block 70 in Yemen with an interest of 30.875%.
KNOC-Led Group Acquires Stake in Zhambyl Block
Thursday, May 15, 2008 A South Korean consortium led by the state-owned Korea National Oil Corp. has signed a final contract to acquire a 27% stake in Kazakhstan's offshore Zhambyl oil block for $85 million.
Converteam Celebrates Multi-Million Dollar Order with Vyborg, Samsung
Wednesday, May 07, 2008 Converteam will provide power, propulsion, distribution, vessel automation and thruster assisted mooring systems to the first two CS-50 ice class rigs for the Shtokman gas field.
KNOC and Samsung Enter GOM, Courtesy of Taylor Energy
Friday, February 01, 2008 This acquisition represents the first large, operated acquisition of producing oil and gas properties by KNOC and Samsung in North America.
Petronas to Explore for Hydrocarbons in Timor Sea
Monday, October 30, 2006 Petronas, together with partners Korea Gas, Samsung and LG International, has been awarded a Production Sharing Contract (PSC) by the Timor Sea Designated Authority (TSDA) for an offshore exploration block in the Joint Petroleum Development Area (JPD
Santos Takes On Partners in Jaguar/Cougar Project Offshore Texas
Friday, September 22, 2006 Santos says that the international companies, Korea National Oil Corporation (KNOC) and Samsung Corporation, both of Korea, will farm-in to a shallow water exploration project named Jaguar/Cougar located in Texas State Waters, Gulf of Mexico.