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Blogs forDecember 24th, 2025

CNOOC Confirms 100m-ton-Class Qinhuangdao 29-6 Discovery

CNOOC Limited reports a major discovery at the Qinhuangdao 29-6 Oilfield in the central Bohai Sea, with proved in-place volumes exceeding 100 million tons of oil equivalent and a test rate of about 2,560 barrels per day.

Samsung Heavy Books Two LNG Carriers in $500m Deal

Samsung Heavy Industries signed a 743 billion won contract for two LNG carriers with an Oceania-based owner. Delivery is due by March 2029, lifting annual orders to 41 vessels worth about $7.4 billion.

China Fines Foreign Ship Over Illegal Starlink Use

China penalised an unidentified foreign-flagged vessel after a Ningbo inspection found a micro rectangular antenna later identified as a LEO terminal, with photos appearing to show Starlink use in territorial waters.

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