Signage for CNOOC Ltd in Beijing. CNOOC, China''s third-largest oil company, will boost spending on renewable energy by up to 10% per year to 2025, as it eyes returns that are similar to the oil ...
Learn MoreCNOOC will pursue green development and explore the industrialization of CCS/CCUS technologies. Comprehensive assessment of storage potential offshore …
Learn More5 · As the leader of the country''s LNG sector, CNOOC will continue accelerating the clean energy supply capacity to help China achieve carbon neutrality on time. Li Ziyue, …
Learn MoreLiu Daping, chairman of CNOOC Petrochemicals Import & Export, said the project would help ensure energy security in the area. "It will provide a stable supply of crude oil to eastern China and ...
Learn MoreChinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) on Friday announced it has made a major oilfield discovery in the deep-water deep-play of the South China Sea. The new reserve will add at least 100 million tons of oil equivalent proved in-place volume and marks a landmark discovery for the nation.
Learn MoreThey are scheduled to be operational in early 2025. The project will also include the construction of a 1,443-kilometer oil pipeline, the first of its kind to connect Uganda and Tanzania in East Africa, which will ensure the export of crude oil. Chen Zhuobiao, CNOOC''s president for Uganda business, said that over the past decade, …
Learn MoreIn November 2020, the CNOOC Party Group held a new energy business development seminar, clarifying that the development of the new energy industry "is not an optional topic but a mandatory topic." On the first working day of 2021, the CNOOC Party Group will conduct research and deployment on the "Carbon Peak and Carbon Neutrality" …
Learn MoreIn 2020, under the direction of the National Development and Reform Commission to promote energy storage and lay a solid foundation for industrial …
Learn MoreAs part as the development of its activities in the region, GDF SUEZ also signed with CNOOC a cooperation agreement in the liquefied natural gas (LNG) sector. 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.
Learn MoreVideo. 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.
Learn MoreCNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] China National Offshore Corp, the country''s largest liquefied natural gas importer, has spearheaded an innovative project — harnessing cold energy for …
Learn MoreENERGY ANALYTICS INSTITUTE (EAI) 20 April 2022. (CNOOC, 20.Apr.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced that the company was officially listed on the A-share market, which marked the company''s success in building a platform for domestic and international capital management. It will open a …
Learn MoreLocated 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 …
Learn MoreEach company will build one LNG carrier which will be leased to CNOOC Gas and Power Singapore Trading & Marketing. CNOOC Energy, through its subsidiary CNOOC Development Hong Kong Investment, will invest €185.7 million ($200 million) in the project and acquire a 45% stake, while CNOOC Gas and Power Group Singapore …
Learn MoreThe project is the largest secondary development and adjustment project in offshore China. Guided by the concept of region ... CNOOC Limited holds 100% interest in this project and acts as the ...
Learn MoreSize： [ Large Medium Small ] (Hong Kong, April 2, 2024) CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social and Governance (ESG) Report in Hong Kong today. · Strengthening ESG management to lay a solid foundation for high-quality development. …
Learn MoreLooking ahead, CNOOC Limited will continue to enhance our energy supply capacity, technological innovation and value creation capabilities, and strive for …
Learn More5 · 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.
Learn MoreShell has signed a Memorandum of Understanding (MoU) with CNOOC, Guangdong Provincial Development and Reform Commission and ExxonMobil to explore the feasibility of developing a carbon capture and storage (CCS) hub in the Daya Bay National Economic and Technological Development Zone in Huizhou, Guangdong …
Learn MoreCNOOC aims to raise its capital spending this year to between 90 billion and 100 billion yuan ($15 billion), the highest level since 2014, bucking the industry trend. Tags Bohai
Learn MoreIn a summary of its business strategy for 2014, CNOOC said it planned to drill roughly 155 exploration wells and acquire approximately 26.7 thousand kilometers of 2-Dimensional (2D) seismic data as well as approximately 19.4 thousand square kilometers of 3
Learn MoreTherefore, 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 …
Learn MoreChina 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. An FPSO is a …
Learn MoreENERGY ANALYTICS INSTITUTE (EAI) 27 June 2022. (Exxon, 27.Jun.2022) — ExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission signed a Memorandum of Understanding to evaluate the potential for a world-scale carbon capture and storage project to reduce greenhouse gas emissions at …
Learn MoreWe have also jointly facilitated projects and in-depth discussions on many technical areas, including: the installation, operation and maintenance of deep-far-sea fixed and floating offshore wind projects; energy storage design and deployment; cross-provincial HVDC (high-voltage, direct current) transmission; hydrogen generation, deployment and …
Learn MoreAs the energy storage market competition evolves, companies are recognizing that large-capacity energy storage batteries have become a pivotal factor in establishing core competitiveness. Among the 11 leading companies in the energy storage battery sector, there is a clear trend towards collaboration to provide electric cores …
Learn MoreChina''s offshore crude production in 2023, as reported by the China National Offshore Oil Corporation (CNOOC), is a testament to industry prowess, reaching around 1.244 million barrels per day ...
Learn MoreExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission have signed a memorandum of understanding to evaluate the potential for a world-scale carbon capture and storage ...
Learn MoreThe company has also launched 35 platforms and two Floating Production Storage and Offloading (FPSO) facilities for oilfield development and production, adding over 20 million tons of output. During the 14th Five-Year Plan (2021-25) period, CNOOC will continue to boost oil and gas development, aiming to raise output to over 80 million tons …
Learn MoreWANG Zhen, president of CNOOC Energy Economics Institute, leader of Institute of Carbon Neutrality, a fellow of the British Energy Society, a Fulbright Visiting Scholar of the United States, a chief expert of major research project in philosophy and social sciences of the Ministry of Education, and a professor and doctoral tutor of China ...
Learn MoreHe said that CNOOC actively follows the development trend of the energy industry and accelerates the development of low-carbon industries. It is hoped that under the guidance of the carbon peak and carbon neutral goals, both parties will actively promote planning and docking, give play to the complementary advantages of industries, and base …
Learn MoreCNOOC 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 …
Learn MoreThe unit has been independently designed and will be fabricated in China, CNOOC said. The project will further facilitate China''s independent design and construction of ultra-large deepwater ...
Learn MoreCNOOC Limited pursues energy-saving and green production, with a clearer path charted for its clean, low-carbon, and green development. During the year, …
Learn MoreContact: Media Line (737) 272-1452. IRVING, Texas – ExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission have signed a Memorandum of Understanding to evaluate the potential for a world-scale carbon capture and storage project to reduce greenhouse gas emissions at the Dayawan Petrochemical …
Learn MoreCNOOC Limited has announced its 2024 business strategy and development plan. In 2024, the net production target is 700 million to 720 million barrels of oil equivalent (BOE), of which, production from China and overseas accounts for approx. 69% and 31%, respectively. Net production target is 780 million to 800 million BOE in …
Learn MoreThe country has vowed to realize the full market-oriented development of new energy storage by 2030, as part of efforts to boost renewable power consumption …
Learn MoreSUEZ NWS, a subsidiary of SUEZ Group, signed a comprehensive strategic partnership agreement with CNOOC Energy Technology1, to enlarge their long-term cooperation and further pursue …
Learn MoreCNOOC has finished China''s first offshore carbon capture and storage (CCS) project designed to permanently store carbon dioxide (CO2) in the seabed, state …
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