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CNOOC Limited Announces Its 2024 Business Strategy and …
The Company endeavors to develop differentiated advantages in deep-sea wind power generation, and vigorously promotes the integrated development of offshore wind power and oil and gas production. Green power substitution will be expedited and …
CNOOC Begins Production from Huizhou Development Project
CNOOC Limited has started production from Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project. Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project is located in south-central part of the eastern South China Sea, approximately 170 kilometers from …
CNOOC Ltd set to commission offshore CCS project | Upstream
China''s offshore operator CNOOC Ltd is ready to commission what it claims will be Asia''s first offshore carbon capture and storage (CCS) project linked with development of its Enping 15-1 ...
The Future of Energy Storage | MIT Energy Initiative
Video. MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
CNOOC Development Clean Energy Company was unveiled and …
On January 22, 2021, CNOOC Development Clean Energy Company was inaugurated and established in Tianjin. CNOOC is committed to the establishment of a professional company that is "carbon peak and carbon neutral". The company is formed by the integration of the original CNOOC Development Pipeline Company and the new …
CNOOC Limited Announces Its 2024 Business Strategy and Development …
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its business strategy and development plan for the year 2024.
CNOOC Ltd launches Brazil project, offshore CCS
CNOOC Ltd also said it had commissioned an offshore CCS plant at the Enping 15-1 development. This is in the Pearl River Mouth Basin, in about 80 metres of water, 190 km southwest of Hong Kong.
Mozambique Awards Five Offshore Oil and Gas Blocks to CNOOC
Mozambique Awards Five Offshore Oil and Gas Blocks to CNOOC. 02 Apr 2024 by macaonews. The Mozambican government has approved the terms of five oil research and production concession contracts with the China National Offshore Oil Corporation (CNOOC) for offshore blocks in the Southern African country, according to …
China''s CNOOC Signs Oil Exploration, Production Contracts With Mozambique
State-run China National Offshore Oil Co (0883.HK), opens new tab said on Friday it had signed oil exploration and production concession contracts with Mozambique''s energy ministry and national energy company ENH. The contract is for five offshore blocks in waters off the African nation and covers a total area of about 29,000 sq …
CNOOC powers Hong Kong''s sustainable future
The cornerstone of CNOOC''s energy supply to Hong Kong is the 780-kilometre Y13-1 pipeline. The project began operations in January 1996, receiving gas from the Yacheng 13-1 gas field, located 91 ...
CNOOC starts work on world''s largest LNG storage unit
5 · China National Offshore Oil Corp, the country''s top offshore oil and gas producer, expanded the construction of what will be the world''s largest liquefied natural gas or LNG …
Largest single-phase storage facility in China to open …
Chinese state-owned oil and gas giant China National Offshore Oil Corp (CNOOC) said it has completed a commercial crude reserve storage complex in East China, the largest single-phase storage...
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Welcome to CNOOC International. We are a global energy company and subsidiary of CNOOC Limited with a vision of delivering safe, sustainable energy for all. Welcome to CNOOC International Read More Watch Video ...
CNOOC launches China''s largest LNG storage base
4 · According to a statement by CNOOC Gas & Power, six LNG storage tanks each with the capacity of 270,000 cubic meters at the "Yancheng Green Energy Port" were …
China to Foster Integrated Growth of Oil, Gas Exploration and New Energy …
audio is not supported! (Yicai Global) March 24 -- China will promote the integration of crude oil and natural gas exploration with development of new energy sources, according to a document released by the National Energy Administration two days ago. The plan shows that by 2025, oil and gas firms will be encouraged to develop and …
2024 Strong Growth of Production Continues with Remarkable Cost Control and Financial Performance——CNOOC ...
While maintaining sound business performance, CNOOC Limited pursues the coordinated development of economy, environment and society, and actively fulfills its social responsibilities. In 2023, CNOOC Limited implemented over 100 charitable and public welfare projects in infrastructure, community medical assistance, community education, …
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Located at the CNOOC''s Enping 15-1 oilfield in the Pearl River Mouth Basin of the South China Sea, the CCS facilities are expected to enable the storage of more than 1.46 million tonnes of carbon dioxide. The company plans to …
CNOOC starts building homegrown energy storage unit
China National Offshore Oil Corp on Wednesday started construction of Asia''s first cylinder-shaped floating production storage and offloading unit (FPSO) in Qingdao, Shandong province.
China''s first offshore carbon capture and storage project started …
CNOOC Ltd will continue to gear up its research and development to promote the green development of offshore oilfields and explore offshore storage …
CNOOC unveils business strategy and development plan for 2024
China''s national oil company China National Offshore Oil Corporation (CNOOC) has unveiled its total capital expenditure for 2024, budgeted at RMB125bn ($17.6bn) to RMB135bn ($19bn). The company has allocated around 16% of the total capital expenditures for exploration, 63% for development and 19% for its production operations.
Shell signs Joint Study Agreement with CNOOC for CCS project
Shell has signed a Joint Study Agreement with CNOOC, Guangdong Provincial Development and Reform Commission and ExxonMobil for the Daya Bay carbon capture and storage (CCS) hub project in China. It is a significant step forward in developing this joint project after we signed the Memorandum of Understanding for the project in …
China''s CNOOC Reports Major Gas Breakthrough in South China Sea
CNOOC Ltd (0883.HK), opens new tab has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday. Its Lingshui 36-1 gas field, located in the western South China Sea, has been tested to produce over 10 million cubic meters per day of …
CNOOC Launches Carbon Neutral Plan
CNOOC announced on the 15th that it officially launched its carbon neutral plan, which will comprehensively promote the company''s green and low-carbon transformation. At present, CNOOC has established a …
CNOOC Ltd
CNOOC Ltd is a Chinese state-owned oil and gas company that has been operating since 1982. The company is primarily focused on exploration, development, and production of oil and gas resources both in China and internationally. However, in recent years ...
CNOOC starts building homegrown energy storage unit
China National Offshore Oil Corp on Wednesday started construction of Asia''s first cylinder-shaped floating production storage and offloading unit (FPSO) in …
CNOOC''s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante
The summary of CNOOC''s business strategy and development plan for 2024 shows the firm''s determination to continue boosting reserves and production. To this end, the company''s net production target is 700 million to 720 million barrels of oil equivalent (boe) in 2024, with production from China and overseas accounting for approximately …
CNOOC Limited Announces China''s First Offshore CCS Demonstration Project Commissioned
01 Jun 2023 by prnewswire . HONG KONG, May 31, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning of China''s first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development. Enping 15-1 oilfield is located in …
CNOOC starts work on world''s largest LNG storage unit
5 · In all, six tanks independently developed and designed by CNOOC will be built at a cost of 6.1 billion yuan ($955.9 million). In the first phase, four LNG storage tanks had been built. Upon completion at the end of 2023, the full project will have 10 tanks, including six new ultra-large tanks, which will have a total volume of 270,000 cubic meters.
CNOOC starts building homegrown energy storage unit
CNOOC has overcome several challenges, including integrated hull design and compact modular space design layout, during the process, the company said. China National Offshore Oil Corp on …
CNOOC makes "major" deepwater oil and gas discovery in South …
The well was tested to produce an average of approximately 7,680 bpd and 0.52 MMcfgd. Through continued exploration, the proved in-place volume of Kaiping South oil field has reached 102 MMtoe.
CNOOC Heading to High-Quality Development
Energy transformation, green and low-carbon development has been a global trend in recent years. Therefore, CNOOC, a traditional energy enterprise, makes green and low-carbon development a key principle, intending to contribute to China''s goal of peaking carbon dioxide emission by 2030 and achieving carbon neutrality by 2060.
CNOOC reaches major FPSO rig milestone
CNOOC reaches major FPSO rig milestone. Asia''s first cylindrical floating production, storage and offloading facility, designed and built by China, finished hull …
CNOOC to raise renewable energy spending | Upstream
CNOOC''s investments in clean energy will account for 10% to 15% of its total annual expenditure from 2026 to 2030, up from 5% to 10% between 2021 and 2015, it said in an action plan announced on ...
CNOOC''s Second Offshore Wind Power Project Obtained Development Rights
On February 4, at the press conference of CNOOC Limited''s 2021 strategic outlook, CNOOC Chief Executive Xu Keqiang said that the company''s second offshore wind power project has been granted the right to develop in April 2020. The project is located in Shantou, Guangdong, with a total installed capacity of 1 million kilowatts.
Chinese oil giant CNOOC''s first-half profit slips 11 per cent as …
CNOOC plans to accelerate the integration of its new energy and oil and gas business after first-half net profit fell 11.3 per cent to US$8.7 billion due to declining crude prices.
CNOOC Limited Announces China''s First Offshore CCS …
Size： [ Large Medium Small ] (Hong Kong,June 1,2023) - CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning of China''s first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development. Enping 15-1 oilfield is located in the Pearl River ...
China''s first offshore carbon capture and storage project started up by CNOOC …
China''s first offshore carbon capture and storage project started up by CNOOC Ltd Project at Enping 15-1 oilfields complex aims to store more than 1.5 million tonnes of CO2 Enping 15-1''s ...
China: GDF SUEZ Signs LNG Deals with CIC, CNOOC
Through this agreement, GDF SUEZ will provide CNOOC with a shuttle and regasification vessel to be used as a floating storage and regasification unit in China. This follows the recent signing of a cooperation framework agreement with Beijin Gas Group which covers several fields of cooperation such as natural gas, LNG or energy services.
Largest single-phase storage facility in China to open …
CNOOC''s Dongying crude storage facility in Dongying, East China''s Shandong Province Photo: Courtesy of CNOOC Chinese state-owned oil and gas giant China National Offshore Oil Corp (CNOOC) said …
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