On November 6, China National Offshore Oil Corporation (CNOOC) signed import contracts and agreements with 26 global suppliers in the CIIE (China International Import Expo). The contract value hit a new high. The cumulative contract value in seven years exceeded US$76 billion, fully demonstrating CNOOC’s determination and sincerity to continue to deepen open cooperation with its global partners and accelerate the cultivation and development of new quality productivity of marine energy.
This time, the procurement contracts signed by CNOOC involve multiple fields of the entire oil and gas industry chain, covering crude oil, natural gas, deepwater oil and gas equipment, advanced technical services and other products. The content and structure of the signed procurement contracts are constantly optimized. Among them, CNOOC and Coperion signed a supply agreement for the world’s largest and most advanced LyondellBasell Spherizone process polypropylene unit extrusion granulation unit, which will effectively improve the performance and quality of the products produced.
In the seven years since participating in the CIIE, CNOOC has signed 129 import contracts and agreements with 90 global suppliers from 26 countries and regions. The company took the lead in establishing a deepwater oil and gas equipment industry alliance and a technology innovation consortium, and strengthened joint research on oil and gas exploration and development refining and chemical industry, as well as seabed carbon storage with international oil companies achieving positive results.
CNOOC vigorously promotes the transformation and upgrading of traditional industries and the cultivation of strategic emerging industries in the industrial system, focusing on building an “8+N” strategic emerging industry structure with eight major fields as the main body, including deep water and unconventional oil and gas, marine equipment manufacturing, new materials, new energy, modern services, energy conservation and environmental protection, new generation information technology, and biology, and covering special products and services such as LNG cold energy utilization, high-end chemicals, catalysts and special coatings.
In terms of scientific and technological innovation, CNOOC actively implemented the company’s leading role in scientific and technological innovation, insisted on being driven by demand, and successively created a series of “heavy weapons” for marine oil and gas exploration and development, such as “Shenhai No. 1”, “Haiji No. 1”, “Xuan Ji” and “Anemone No. 1”, and initially built a marine oil and gas technology equipment system covering “surface, subsurface, underwater and downwell”.
As of green and low-carbon initiatives, CNOOC has completed the world’s largest shore power project for offshore oil fields – the third phase of the Bohai Oilfield Shore Power Project, achieving annual carbon emission reductions of one million tons. The first deep-sea floating wind power platform in China, the “Haiyou Guanlan”, was successfully connected to the grid for power generation, achieving a major change in the replacement of clean electricity for offshore oil and gas development. The first million-ton offshore carbon dioxide storage device in China was also put into use in Enping 15-1 Oilfield.
Additionally, CNOOC is focused on improving overall factor productivity by planning over 100 business scenario models across eight major categories, including “smart oil and gas fields, smart engineering, and smart factories.” The commissioning of CNOOC’s Tianjin Intelligent Manufacturing Base marks a significant breakthrough in the intelligent transformation of China’s marine oil and gas equipment. China’s first “dual-frequency 5G + industrial internet” smart refinery has been built and put into operation, achieving a transformative development in traditional refinery production methods.