CNOOC CHINA LIMITED - TIANJIN

CNOOC (China National Offshore Oil Corporation) operates through various subsidiaries and affiliates, one of which is CNOOC China Limited. Specifically for their operations in Tianjin, the company is a significant player in China's offshore oil and gas exploration and production sector. Here's some detailed information about CNOOC China Limited and its activities, particularly in Tianjin:

Overview

CNOOC China Limited is a core subsidiary of CNOOC Group, which is one of the largest national oil companies in China. The company focuses on the exploration, development, production, and sale of oil and natural gas.

Operations in Tianjin

Tianjin is a strategic location for CNOOC due to its proximity to the Bohai Bay, one of China's most important offshore oil and gas basins. The operations in Tianjin typically include:

Offshore Exploration and Production:
- Bohai Bay is known for its rich oil and gas resources. CNOOC conducts extensive exploration and production activities in this area.
- The company utilizes advanced drilling and extraction technologies to optimize resource recovery.

Research and Development:
- Tianjin houses facilities that focus on research and development to improve offshore drilling technologies and operational efficiencies.
- The company invests in innovations to enhance the sustainable development of offshore resources.

Logistics and Supply Chain:
- Tianjin serves as a logistical hub for the company, providing essential support for offshore operations.
- It includes supply chain management, transportation of equipment and personnel, and other logistical services necessary for offshore activities.

Environmental and Social Responsibility

Environmental Protection: CNOOC is committed to minimizing the environmental impact of its operations. This includes implementing measures to protect marine ecosystems and reduce emissions from operations.

Community Engagement: The company engages with local communities around its operational areas, including Tianjin, to provide employment opportunities and support local development projects.

Challenges and Strategies

Market Fluctuations: Like any oil and gas company, CNOOC faces market volatility and strives to implement strategies to mitigate risk.

Technological Advancements: Continuous investment in technology is crucial for maintaining operational efficiency and competitiveness.

Sustainability: As the global energy landscape shifts towards cleaner sources, CNOOC is also exploring ways to balance its traditional oil and gas activities with sustainable energy practices.

Summary

CNOOC China Limited's operations in Tianjin are crucial for the company's overall strategy in offshore oil and gas exploration and production. The region's rich natural resources combined with strategic R&D and logistical support positions CNOOC as a key player not only in China but also in the global energy market. The company continues to adapt to market conditions and technological advancements while maintaining a focus on environmental and social responsibilities.

Ships

BO HAI YOU YI HAO

Ship Type Unit | Flag: People's Republic of China | Port: Tianjin

Maritime News

Ferry Sinks off Bali, Killing Four as 30 Go Missing

20 hours ago

Four people died, 30 were missing and 31 survived after a ferry carrying 65 people sank near the Indonesian island of Bali, the country's Search and Rescue agency said on Thursday, as rescuers raced to find victims in the rough sea.The KMP Tunu Pratama Jaya sank almost half an hour after leaving East Java province's Banyuwangi port on its way to Bali late on Wednesday, the agency said on Thursday.The boat was carrying 53 passengers and 12 crew members, as well as 22 vehicles, the agency said.A search for the missing is underway although it is being hampered by strong currents and winds, the agency said, adding it had deployed a helicopter to the location and 13 underwater rescuers.

KIMM Cracks the Code for Underwater Radiated Noise Prediction

2 days ago

Researchers in South Korea at the Korea Institute of Machinery and Materials (KIMM) have reportedly developed a hull-attached sensor-based system for predicting underwater radiated noise (URN), a key factor in naval stealth operations.KIMM Develops First Hull-Attached Sensor System for Predicting Underwater Radiated NoiseNew algorithm predicts underwater noise in real timeBoosts naval stealth and operational efficiencyThe new technology allows real-time monitoring of underwater noise levels generated by naval vessels, enabling early detection of abnormal vibrations and improving operational efficiency while reducing maintenance costs.

ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing

2 days ago

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while the barge was being towed to a new location in Egyptian territorial waters.At the time of the incident, 30 personnel were on board, involving 18 from ADES personnel.According to the latest information, 23 have been safely rescued, while remain missing and subject to intensive ongoing search operations by the relevant authorities.

BHP Signs Charter Contracts with COSCO for Two Ammonia Dual-Fueled Vessels

2 days ago

Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.The two vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia.When run on lower or low to zero greenhouse gas (GHG) emissions ammonia, these vessels will be capable of reducing GHG emissions by at least 50% and up to 95% on a per voyage basis compared to a conventionally fueled voyage, according to BHP.

ESG Wins Bid to Build Washington State Hybrid Electric Ferries

2 days ago

Washington Governor Bob Ferguson announced he has selected the $714.5 million bid from Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries. “We’re restoring domestic service to pre-pandemic levels years ahead of schedule, improving crew retention, and soon will bring our first hybrid-electric vessel into service,” Governor Ferguson said. “After careful consideration and conversations with legislative leaders, I believe Eastern is the best option to build these critically important vessels at a fair cost to our taxpayers.