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  1. Petroleum giant's image tarnished over accidents

    Posted Jul 12th 2011, 12:00am

    ... in an oilfield. If the pressure of one of the wells drops, the flow rate and production at other wells could rise, which may compensate for the loss.' Kwan was a petroleum engineer with BP ...

  2. Business - Commodities - INVESTMENT

    China oil giants' overseas buying spree loses steam

    Posted Oct 13th 2014, 04:13am by Eric Ng

    ... with China's efforts to encourage deal flows over the past year," Lau said. Total outbound deals by China National Petroleum Corp (CNPC), China Petrochemical Corp and China National Offshore Oil ... into exploration and production. He cited the US$1.05 billion acquisition this year by Shenzhen-based Hong Kong-listed fuel trading and logistics firm Brightoil Petroleum (Holdings) of minority stakes ...

  3. Business - Commodities

    Brightoil to buy oilfield stakes for HK$8.35 billion

    Posted Feb 18th 2014, 03:30pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Struggling petroleum firm agrees to buy mature oilfields in bid to move upstream Brightoil surges after Anadarko stake deals Shares of Brightoil Petroleum ... northern China from US oil firm Anadarko Petroleum. The deal- pending approval from the Ministry of Commerce, and Brightoil obtaining a loan facility by July 10- will allow the firm to diversify ...

  4. China Oilfield joins parent in deepwater rig investment

    Posted Mar 23rd 2006, 12:00am by Eric Ng

    ... Eric Ng China Oilfield Services Ltd (COSL) will co-invest up to US$600 million in a deepwater drilling rig with its parent firm, China National Offshore Oil Corp, to serve the needs of sister firm CNOOC, amid a shortage of international deepwater rigs. CO ...

  5. China still long way from shale gas extraction

    Posted Mar 29th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com China's development of its vast shale gas resources is at an exploratory stage and significant commercial output is a long way off, according to CNOOC, the nation's dominant offshore oil and gas producer. Li Fanrong, w ...

  6. China Oilfield sees little impact in price increases

    Posted Sep 08th 2003, 12:00am by Eric Ng

    ... of China National Offshore Oil Corp. China Oilfield Services drills oil and gas wells, collects data on rock and petroleum reservoir formations, maintains wells, transports materials and personnel ... Oilfield saw a 24 per cent year-on-year revenue drop in its well services division, which focuses on collection of data on rock and petroleum reservoir formations, due to competition and an unusual ...

  7. Cosl writes down value of its Libyan oil assets

    Posted Aug 25th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com China Oilfield Services (Cosl), the nation's dominant offshore drilling services provider, has written down the value of its Libyan assets by 14 per cent to account for potential impairments due to civil war, citing account ...

  8. Honghua to benefit from oil boom

    Posted Feb 20th 2008, 12:00am by Eric Ng

    ... for the same period a year earlier, its preliminary listing prospectus shows. The oilfield services units of China National Petroleum Corp and China Petroleum & Chemical are Honghua's largest ... co-sponsor Morgan Stanley would exercise their option to sell 15 per cent more shares than indicated. The main domestic competitors include China National Petroleum Corp unit Baoji Oilfield Machinery ...

  9. COSL reports 40pc profit jump, expects boost from new capacity

    Posted Aug 29th 2008, 12:00am by Eric Ng

    ... Eric Ng China Oilfield Services Ltd, the dominant oil and gas drilling services provider in offshore China, posted a 40 per cent year-on-year jump in first-half net profit, with second-half revenues set to be boosted by major new capacity addition. The co ...

  10. Company profile- China Oilfield Services

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... China Oilfield Services' principal activity is the provision of oilfield services, including drilling services, well services, marine support and transport services and geophysical services offshore of China. Other activity includes investment holdin ...




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