CNOOC CHINA LIMITED - SHENZHEN

CNOOC China Limited - Shenzhen is a subsidiary of China National Offshore Oil Corporation (CNOOC), one of the largest national oil companies in China. CNOOC is the third largest national oil company in China and specializes in the exploration and development of offshore oil and gas resources.


Here are some key points about CNOOC China Limited - Shenzhen:



  1. Location: The Shenzhen branch is strategically located to focus on the exploration, development, and production of oil and gas resources in the South China Sea and other areas under China's jurisdiction.



  2. Operations: The Shenzhen branch is involved in various operational activities including seismic surveys, drilling, extraction, production, and transportation of oil and gas. They deploy advanced technologies and methodologies to maximize efficiency and minimize environmental impact.



  3. Key Projects: The company often participates in major offshore projects and collaborates with both international and domestic partners. These projects are crucial for ensuring energy security and meeting the growing energy demands of China.



  4. Sustainability and Environmental Responsibility: CNOOC, including its Shenzhen branch, has been striving to improve its environmental performance. They have been integrating sustainable practices into their operations, such as reducing greenhouse gas emissions, enhancing energy efficiency, and ensuring safe and environmentally responsible extraction processes.



  5. Economic Impact: The activities of CNOOC China Limited - Shenzhen contribute significantly to the local and national economy by providing employment opportunities, driving technology advancements, and ensuring a stable supply of energy resources.



  6. Regulatory Compliance: The company adheres to both Chinese and international regulations and standards in their operations, ensuring compliance with environmental, safety, and operational procedures.




For more detailed or specific information, such as recent projects or financial performance, it would be necessary to visit the CNOOC official website or refer to their latest corporate reports and press releases.


Ships

NANHAI TIAO ZHAN

Column Stabilized Unit | Flag: Republic of Liberia | Port: MONROVIA

NAN HAI SHENG LI

Ship Type Unit | Flag: Republic of Liberia | Port: MONROVIA

Maritime News

Shipbuilding - JV Company Orders Containership Pair

Shipbuilding - JV Company Orders Containership Pair

yesterday
ElbFeeder, a joint venture of the Icelandic transportation company Eimskip and German listed ship-owner Ernst Russ, signed contracts for a pair of 2,280-TEU container vessels with the shipyard China Merchants Jin Ling Shipyard (Nanjing) Co. Ltd. The newbuildings will be an addition to the ElbFeeder joint venture and expand it to a total of nine vessels. Options for two additional vessels were negotiated.The newbuildings will be employed in the Eimskip Blue Line between Reykjavik and Rotterdam for an initial 10-year period through a time-charter agreement signed in combination with the newbuilding contract.
Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs

Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs

yesterday
The United States has told countries to reject a United Nations' marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as a weapon to extract better terms from Washington’s trade partners.In April, countries struck a draft agreement through the U.N.'s International Maritime Organization (IMO) that would impose a fee on ships that breach global carbon emissions standards.
Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

yesterday
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price of a basket of seven five-year-old container ships was $9,761/TEU in late August 2024. Since then, the price has risen to $10,758/TEU at the beginning of 2025 and to $11,413/TEU in late August.Feeder ships smaller than 3,000 TEU have seen the highest price increase at an average of 26% year-on-year.
“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

2 days ago
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.Under the continued leadership of its founder, Kevin Clement, the event will retain its iconic tagline — “2 Days, 50 Ports” — and continue to convene top-tier port and terminal executives from around the world.The 2026 Port of the Future Conference is scheduled to be held March 23-25, 2026, at the Hilton University of Houston.
HD Hyundai Philippines Cuts Steel on First Vessel

HD Hyundai Philippines Cuts Steel on First Vessel

2 days ago
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has conducted a steel cutting ceremony for a 115,000-ton product tanker at the HD Hyundai Philippines Shipyard in Subic Bay, Philippines.The vessel is the first ship built by HD Hyundai Philippines and is the first in a series of four vessels ordered from an Asian shipping company in December last year.Last May, HD KSOE signed a lease agreement with Cerberus Capital for a portion of the Philippine shipyard site, marking the launch of this second HD KSOE overseas shipyard.