China News

 

Sinopec Reports $2.9 Billion Q1 Net Profit

Apr 28, 2021

China Petroleum & Chemical Corp swung to a first-quarter profit from a loss a year earlier, with net income reaching 18.54 billion yuan ($2.86 billion), amid a recovery in global oil prices and robust demand for refined oil products.Asia's top oil refiner…

CNOOC Needs to Double Down on Drilling and Deals in Carbon-cutting Gas Pivot

Mar 11, 2021

A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…

UK, Japan Concerned Over East, South China Seas Situation

Feb 03, 2021

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…

MacGregor Delivers Goods for Chinese Floater

Nov 20, 2020

Cargotec's MacGregor has delivered a riser pull-in system for China-based oil firm CNOOC's Lingshui 17-2 semi-submersible production platform.The deepwater semi-submersible production unit is intended for operation in a deepwater natural gas field in the Qiongdongnan Basin…

CIMC Gretha SSCV En Route Back to China

Nov 19, 2020

China's CIMC Raffles has informed that the CIMC Gretha semi-submersible crane vessel  left Curacao earlier this month and is on its way back 'home' to China.'CIMC Gretha, the semi-submersible platform managed by CIMC Raffles Asset Management Company…

Woodside Stops Talks to Sell Offshore Project Stake to Chinese Firms over Diplomatic Row

Nov 12, 2020

Woodside Energy shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of a growing diplomatic row between Australia and China, the company's chief said on Thursday.Chief…

Production Starts from Husky's Liuhua 29-1 Gas Field, Offshore China

Nov 02, 2020

Canadian oil and gas company Husky Energy and China's CNOOC have started gas production from the Liuhua 29-1 gas field, offshore China.The Liuhua 29-1 gas field is located in the eastern South China Sea, 86 kilometers northeast of Liwan 3-1 gas field…

PNOC, CNOOC to Start Offshore Exploration Venture by 2021

Oct 20, 2020

The president of the exploration arm of the Philippine National Oil Company (PNOC) said on Tuesday the company aimed to start an energy exploration venture with China National Offshore Oil Corp (CNOOC) in the South China Sea by 2021.PNOC was…

China, Philippines Eyeing Joint Offshore Oil Projects

Oct 16, 2020

The Philippines energy secretary said on Friday the government's decision to lift a six-year-old moratorium on oil and gas exploration in the South China Sea was a unilateral move, as China said it hoped the nations could work together on projects…

OHT Orders Its First Wind Turbine Generator Installation Unit

Oct 05, 2020

Offshore Heavy Transport (OHT) has signed the firm order for the construction of an offshore wind turbine generator installation vessel, which will mark the heavy-lift and transportation company's entry into the offshore wind turbine installation business…

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Sep 30, 2020

Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…

Alfa Laval Pumps for Three China-built FPSOs

Sep 30, 2020

Swedish company Alfa Laval has said it has won orders to deliver Framo pumping systems for three FPSOs to be built in China.The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.The company…

Aker Solutions Delivers Subsea Structures for CNOOC's Lingshui 17-2 Field

Sep 30, 2020

Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…

CNOOC Brings Online South China Sea Oil Project

Sep 21, 2020

Chinese national oil company CNOOC has produced the first oil from the Liuhua 16-2 oilfield / 20-2 oilfield joint development project.Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in the eastern South China Sea. The…

Chinese Oil Firm CNOOC Brings Online Its First Offshore Wind Project

Sep 15, 2020

Chinese offshore oil company CNOOC has said that its first offshore wind project has started producing electricity. The company said Tuesday that its offshore wind power project had connected to the grid and begun to generate power. The 300MW…

Current News

Kazakhstan’s Oil Output Drops 3% in May vs April to 1.55 mln bpd - Sources

Kazakhstan’s Oil Output Drops 3% in May vs April to 1.55 mln bpd - Sources

BW Offshore Agrees Extensions for Two FPSOs in Africa as Divestment Talks Continue

BW Offshore Agrees Extensions for Two FPSOs in Africa as Divestment Talks Continue

Why is OPEC+ Cutting Oil Output?

Why is OPEC+ Cutting Oil Output?

New Zealand: MN1 Offshore Well Restarts Oil Production After Year-Long Shutdown

New Zealand: MN1 Offshore Well Restarts Oil Production After Year-Long Shutdown

Subscribe for OE Digital E‑News

Offshore Engineer Magazine