CNOOC Launches Huizhou 26-6 Oilfield Development Project
OIL & GAS

CNOOC Launches Huizhou 26-6 Oilfield Development Project

CNOOC Limited has commenced production at the Huizhou 26-6 Oilfield Development Project, located in the Pearl River Mouth Basin with an average water depth of 110 meters. The project features advanced production facilities, including China’s first intelligent offshore drilling platform and the modified "NAN HAI FEN JIN" FPSO.

The development involves 19 wells, comprising two oil production wells and 17 gas production wells, and is projected to reach a peak output of approximately 20,600 barrels of oil equivalent per day by 2027. The primary outputs are light crude oil and natural gas.

This marks CNOOC’s first deep buried hill reservoir development in the South China Sea, leveraging cutting-edge technologies for efficient offshore resource extraction. The project is expected to significantly contribute to the economic and social growth of the Guangdong–Hong Kong–Macao Greater Bay Area.

CNOOC Limited holds full ownership and serves as the operator of the project. (energy-pedia)

CNOOC Limited has commenced production at the Huizhou 26-6 Oilfield Development Project, located in the Pearl River Mouth Basin with an average water depth of 110 meters. The project features advanced production facilities, including China’s first intelligent offshore drilling platform and the modified NAN HAI FEN JIN FPSO. The development involves 19 wells, comprising two oil production wells and 17 gas production wells, and is projected to reach a peak output of approximately 20,600 barrels of oil equivalent per day by 2027. The primary outputs are light crude oil and natural gas. This marks CNOOC’s first deep buried hill reservoir development in the South China Sea, leveraging cutting-edge technologies for efficient offshore resource extraction. The project is expected to significantly contribute to the economic and social growth of the Guangdong–Hong Kong–Macao Greater Bay Area. CNOOC Limited holds full ownership and serves as the operator of the project. (energy-pedia)

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?