China National Offshore Oil Corporation (CNOOC), the leading liquefied natural gas (LNG) player in China, announced Sunday that it had completed concrete casting for the foundations of six world’s largest LNG storage tanks in Yancheng City of east China’s Jiangsu Province. The six storage tanks of 270,000 cubic meters, the …
Read More »CNOOC Announces Multiple Energy Source Achievements
China National Offshore Oil Corporation (CNOOC) on Monday announced that one of its oil exploration projects, Liza Phase II in the Stabroek Block near Guyana, commenced production safely and ahead of schedule. It is expected to reach peak production of approximately 220,000 barrels of crude oil per day this year, …
Read More »China’s CNOOC Supplies First Carbon Neutral LNG to Hong Kong
China National Offshore Oil Corp will supply carbon neutral LNG for the first time to Hong Kong, the state-owned oil and gas major said on its social media account late Dec. 20. CNOOC said it received a 65,000 mt carbon neutral LNG cargo on board the vessel “Magnolia” at the …
Read More »China Ratchets up Efforts to Boost Energy Supplies in Winter
After a power crunch battered the world’s second largest economy from September, China has achieved significant improvement in coal supply due to expanded output and stabilizing prices. As winter approaches, the country is boosting energy supplies in full swing to ensure winter heating needs. China Energy said the coal industry …
Read More »Qatar Signs 15-Year Deal to Sell China 3.5 mil mt/yr LNG
Qatar Petroleum said Sept. 29 that it had reached an agreement to supply 3.5 million mt/year of LNG to China over 15 years. The long-term sale and purchase agreement with CNOOC Gas and Power Trading & Marketing Ltd., a subsidiary of China National Offshore Oil Corp., starts January 2022, QP …
Read More »CNOOC Sets out to Develop China’s First Offshore Carbon Capture Project
China’s offshore oil and gas major CNOOC has initiated a carbon capture and storage (CCS) project at its Enping 15-1 oilfield in the South China Sea, making it the country’s first venture into offshore CCS plays. The project involves building facilities to capture up to 300,000 tonnes of CO2 per …
Read More »China’s CNOOC Launches First Offshore Carbon Capture Project
China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide.
Read More »World’s First Ultra-Deepwater FPSO ‘Giant Step Forward’ for China Offshore
Built to China Classification Society (CCS) rules, Shen Hai Yi Hao has been deployed by field operator China National Offshore Oil Corporation (CNOOC) – China’s largest producer of offshore crude oil and natural gas. CNOOC estimates the Lingshui 17-2’s reserves at about 136Bn cubic metres (bcm) of recoverable gas. CCS …
Read More »China’s First Independent Offshore Oil Project in Full-Capacity Production
China’s largest offshore oil producer China National Offshore Oil Corp (CNOOC) on Monday announced that Liuhua 16-2 oilfield cluster, China’s first independent deepwater oil and gas project, is now in full-throttle production in the South China Sea. CNOOC hailed the new progress at Liuhua 16-2 oilfield cluster as another major …
Read More »China Completes Domestically-Built NGH Drilling Equipment Test in South China Sea
A trial program focused on domestically made Natural Gas Hydrate (NGH) exploration equipment has been completed in the South China Sea, Global Times learned from China National Offshore Oil Corporation (CNOOC) on Monday, marking a forward step in China’s NGH detection and exploration development. CNOOC said the trial program had …
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