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 …
Read More »China Starts Production at Massive Deepwater Gas Field
China’s CNOOC this week started production from the first deepwater gas field it operates fully, Reuters has reported, adding that the field is expected to yield some 4.39 billion cubic meters of natural gas, representing 2 percent of China’s total output. The Chenhai-1 well was drilled at the Lingshui 17-2 …
Read More »World’s First 100,000-Ton Deep-Sea Semi-Submersible Oil Platform Ready for Production in June
The world’s first 100,000-ton deep-sea semi-submersible oil production and storage platform, China’s self-developed “Deep Sea No 1” energy station, has successfully completed installation of all equipment and is expected to start production at the end of June, China National Offshore Oil Corporation (CNOOC) said on Saturday. It once again demonstrated …
Read More »Russia’s Arctic LNG 2 Project almost 40% Complete, on Track for Launch in 2023
Russia’s project to export liquefied natural gas (LNG) from the resource-rich Arctic region, Arctic LNG 2, is 39% complete and will be launched as planned, gas producer Novatek has announced. The CEO of Russia’s biggest independent energy company, Leonid Mikhelson, revealed on Friday how construction of the project had progressed. …
Read More »