Cefc China Energy News

 

U.S. Firm to Build 34MW Offshore Wind Farm to Power Oil Platform in China

Nov 11, 2022

U.S. oil company ConocoPhillips and China's CNOOC have recently announced the start of the Penglai offshore wind farm pilot project, aimed at harnessing wind power to supply power to the Penglai oil field. This is China’s largest offshore oil…

Greater Tortue Ahmeyim FPSO Returned to Quayside after Drifting Off Due to Typhoon

Sep 27, 2022

Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside  of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…

Philippines Open to New Oil Exploration Talks with China

Aug 31, 2022

The Philippines is open to new talks with China on oil and gas exploration, the Southeast Asian country's foreign minister said on Wednesday.A deal with China or any other country on joint oil and gas exploration, however, should comply with Philippine laws…

CNOOC Finds Shale Oil in South China Sea Exploration Well

Jul 29, 2022

China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…

Philippines, China Terminate Talks on Joint Offshore Oil and Gas Exploration

Jun 23, 2022

The Philippines' outgoing foreign minister said on Thursday that talks over joint energy exploration between his country and China in the South China Sea had been terminated, citing constitutional constraints and issues of sovereignty.The two…

China's CNOOC Reports Record Profit, Output for 2021

Mar 30, 2022

China's CNOOC Ltd posted record annual net profit for 2021, with earnings nearly tripled from 2020, supported by rapidly rebounding oil and gas prices as global energy demand recovered from the pandemic.The state-controlled offshore oil and gas specialist posted a net profit of 70…

China's CNOOC Sets 2022 Output Target 10% above 2021 Goal

Jan 11, 2022

China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…

China Oil Demand to Peak by 2030

Dec 27, 2021

China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak of about 780 million tonnes per year by 2030, a research institute affiliated with China National Petroleum Corp (CNPC) said on Sunday…

Siemens Gamesa to License 11 MW Direct Drive Offshore Tech to China's United Power

Nov 05, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy will license its 11 MW Direct Drive offshore technology to China's United Power. This entails supporting United Power to deploy the licensed offshore technology in the Chinese mainland’s territorial waters…

Eco Wave Power Signs MoU with CIMC for Deployment of Wave Energy Tech in China

Oct 11, 2021

CIMC Offshore Engineering Institute (CIMC OEI) has signed a memorandum of understanding with wave energy technology company Eco Wave Power.CIMC OEI is an engineering company that designs and builds offshore marine structures such as offshore drilling rigs…

Ampelmann First to Deploy Motion-Compensated Gangway in China's Offshore Wind Sector

Sep 14, 2021

Dutch offshore access provider Ampelmann has signed its first contract offshore China, to provide the A-type gangway to Guangdong Safety New Energy for the offshore wind works off Guangdong province. Ampelmann said it was able to secure this…

'World Largest' Offshore Converter Station Debuts in China

Aug 09, 2021

The installation on what is reported to be the world’s largest offshore converter station is being hailed by China Classification Society (CCS) as ‘a significant milestone’ in the development of deep-water wind power. CCS provided authentication…

China's CNOOC Dives into Uncharted Deep Waters in Bold Gas Pivot

Jul 09, 2021

When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customized floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.For CNOOC…

Tekmar Energy's Cable Protection Systems for Chinese Offshore Wind Farms

Jun 22, 2021

Tekmar Energy said Monday it had secured multiple Cable Protection System (CPS) supply contracts to protect over 1,200MW of new offshore wind generating capacity in China.The contracts will see Tekmar Energy engineer, manufacture, and supply…

AGR Secures Contract for Jade Prospect, Offshore China

Apr 28, 2021

Independent energy services company AGR said it has won a contract to assist with well planning and engineering on the Jade prospect in Block 29/11, offshore China.The contract, signed with oil and gas development company Empyrean Energy, will…

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