China News


CNOOC's Offshore Field in Liaodong Bay Starts Oil Production

Jul 20, 2020

Chinese oil company CNOOC has started production from its Luda 21-2/16-3 offshore development in China.The Luda 21-2/16-3 project is located in Liaodong Bay of Bohai Sea, about 39 kilometers north of Luda 10-1 oilfield and 90 kilometers northwest of Suizhong 36-1 onshore terminal…

China's MingYang Launches 11MW Offshore Wind Turbine

Jul 10, 2020

China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…

Morgan Stanley, Goldman Sachs to Advise China on Pipeline Asset Transfers

Jul 08, 2020

Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisors for multi-billion dollar deals transferring key oil and gas pipeline assets into a national energy infrastructure giant, four sources said…

Seacor Marine Completes Seacosco Acquisition

Jul 07, 2020

The U.S.-based offshore support vessel company Seacor Marine has completed the acquisition of the remaining 50 percent stake in Seacosco from affiliates of China's Cosco Shipping Group.Seacor Marine will consolidate the operating results of…

ABB Solutions for Yinson's Marlim 2 FPSO

Jul 06, 2020

Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil.'Leveraging…

Is Asia’s Offshore Wind Sector Ready For Take-off?

Jul 01, 2020

With virtually unlimited technical potential, offshore wind could play a critical role in helping to decarbonize the region, Wood Mackenzie's  Asia Pacific Vice-Chair Gavin Thompson writes.Asia’s pathway to a low carbon future is challenging…

China's Sinopec Starts Hiring for New Risk Management Unit

Jun 29, 2020

China Petrochemical Corp, or Sinopec Group, has started hiring for six top management positions for a new commodities risk management unit, according to a statement posted on the state energy company's official wechat account on Sunday.Formally…

CNOOC Makes 'Significant' Discovery Offshore China

Jun 29, 2020

Chinese oil and gas company CNOOC has said it has made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.CNOOC on Monday said the discovery was expected to become the first mid-to-large sized condensate oil and gas field in the shallow water area of Pearl River Mouth Basin…

China's Jutal Nets Offshore Wind, FPSO Orders Worth $283M

Jun 23, 2020

China's Jutal Offshore Oil Services Limited has said it has won orders to build components for an offshore wind farm and an FPSO, for unnamed clients.Jutal said in a statement that the contracts were awarded to Zhuhai Jutal Offshore Oil Services Limited…

China to Boost Oil, Gas Output in 2020

Jun 22, 2020

China aims to produce 1% more crude oil this year than in 2019 and to boost natural gas output by 4.3%, official targets showed on Monday, as the country seeks to safeguard energy security even after a coronavirus-driven collapse in oil prices…

CNOOC Buys Two Carbon-neutral LNG Cargoes from Shell

Jun 22, 2020

China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC…

VIDEO: China's First 8MW Offshore Wind Turbine Commissioned

Jun 16, 2020

Chinese power generation and industrial equipment provider Shanghai Electric said Tuesday it had commissioned China's first 8MW offshore wind turbine, 'which is now entering operation.' The wind turbine was tested onshore at the Shantou Haojiang offshore industrial park…

CNOOC Brings Online Bohai Bay Oil Field

Jun 11, 2020

Chinese oil company CNOOC has started production from its Qinhuangdao 33-1S oil field phase I in the Bohai Bay.Qinhuangdao 33-1S is a shallow water oilfield, located in central and western Bohai with an average water depth of 21 meters. 'The…

PHOTO: CNOOC Completes First Development Well at Lingshui 17-2

Jun 11, 2020

Chinese oil company CNOOC has this week completed the drilling of the first development well at the Lingshui 17-2 (LS 17-2) gas field development in the South China Sea, offshore China.The info, along with the photos, was shared by CIMC-Raffles…

Forum Energy Technologies Pushes for Growth in Asia

Jun 08, 2020

Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum…

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