Petromin marine and offshore Jan-Feb Issue

ice, may be an important source of future
energy.
CHINA
Fugro Returns to China for Gas
Hydrate Research Project in Further
GMGS Contract
Fugro has been awarded a contract by
Guangzhou Marine Geological Survey
(GMGS) for gas hydrate investigation
on the Northern Continental Slope of
the South China Sea. The contract is
valued at approximately US$ 40 million
and the project is expected to commence
in the second quarter of 2018.
This is the fifth gas hydrate field research
programme that Fugro will undertake
for GMGS and the two companies
have worked together in this field
of research since 2007. Gas hydrates,
“frozen” gas-water solids resembling
Operated from drilling vessel, Fugro
Voyager, the site characterisation programme
comprises logging while drilling,
pressure coring and geotechnical
sampling. The report and assessment
of gas hydrate reservoir volumes delivered
by Fugro will be used by GMGS
to plan China’s second gas hydrate
marine production test scheduled for
2019.
“We are pleased to be re-appointed
to execute further exploration work in
the South China Sea and to continue
our long-standing relationship with
GMGS,” said Jerry Paisley, Fugro’s Director
for Marine Site Characterisation
in the Asia Pacific Region. “Fugro has
been involved in many of the world’s
major gas hydrate field programmes to
date, providing technical advice, specialised
tools, laboratory analyses and
vessels,” he explained.
SOUTH KOREA
SK Innovation announces Oil Discovery
in the South China Sea
SK Innovation (CEO Jun Kim, www.
SKinnovation.com) announced in February
2018 that it made oil discovery
in the PRMB block 17/03 in the South
China Sea.
This marks SK Innovation’s first discovery
in the area since its decision to
push forward with offshore oil exploration
projects as an operator in the
South China Sea.
Since its signing of block 17/03 PSC
in February 2015, SK Innovation has
been focusing its technical capabilities
on geological and geophysical sur-
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January to February 2018