CNOOC FPSO Holding Limited

Ship Owners

CNOOC FPSO Holding Limited is a subsidiary of China National Offshore Oil Corporation (CNOOC), which is one of the largest national oil companies in China. CNOOC is primarily engaged in the exploration, development, and production of oil and natural gas in offshore China, as well as in various international locations.

CNOOC FPSO Holding Limited specializes in the development and operation of Floating Production Storage and Offloading (FPSO) units. These are floating vessels used by offshore oil and gas industries for the production and processing of hydrocarbons and for the storage of oil. An FPSO unit can take all of the oil or gas produced from nearby subsea oil wells or drilling platforms, process it, and store it until the oil or gas can be offloaded onto a tanker or sent through a pipeline.

Key aspects of CNOOC FPSO Holding Limited:

FPSO Operations: The company operates a fleet of FPSOs that are utilized in various offshore oil fields, primarily in China but also in international waters. These units play a critical role in the offshore oil and gas production chain.
Engineering and Development: CNOOC FPSO Holding Limited is involved in the engineering, procurement, construction, installation, and operation of FPSO units. This includes designing FPSOs that can withstand harsh offshore environments and meet the specific needs of different oil fields.
International Projects: Besides its operations in Chinese waters, the company is also involved in international projects. It collaborates with other oil and gas companies and may operate FPSOs in joint ventures in different parts of the world.
Research and Innovation: The company is engaged in research and development to improve the efficiency, safety, and environmental compliance of its FPSO units. This could include advancements in hull design, mooring systems, subsea infrastructure, and onboard processing facilities.
Strategic Importance: As an integral part of CNOOC, CNOOC FPSO Holding Limited helps to fulfill China’s strategic energy needs by enhancing the company's ability to exploit offshore oil and gas resources more efficiently.

FPSOs are a crucial part of the offshore oil and gas industry, especially in deepwater and ultra-deepwater fields where traditional infrastructure is not feasible. Therefore, companies like CNOOC FPSO Holding Limited are vital in expanding the frontiers of offshore hydrocarbon production.

Monrovia Liberia

Broad Street
Monrovia Montserrado
Liberia

Ships

NANHAI KAI TUO

Oil Production and Storage Unit | Flag: Liberia | Port: MONROVIA

NANHAI SHENGKAI

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

NANHAI FAXIAN

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

Maritime News

Maersk, Hapag-Lloyd: No immediate return to Red Sea

2 days ago

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," a Hapag-Lloyd spokesperson told Reuters."It is still too early to speculate about timing," a Maersk spokesperson said.

What Keeps Business Leaders Awake at Night?

2 days ago

Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.The risk impact of new technologies and developments in artificial intelligence (AI) is a new entrant in the top 10 global risks at #10.Closely interlinked to cyber, business interruption is ranked #2 (31%), just ahead of another related risk, natural catastrophes at #3 (29%).Climate change is another standout result in 2025.

MOL and JERA Ink Charter for LNG Carrier Newbuild

2 days ago

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174,000 m3.The vessel will be managed by MOL and will transport LNG for JERA.

Pirates: More Guns, More Hostages

3 days ago

The ICC International Maritime Bureau (IMB) has reported an increase in the number of crew taken hostage or kidnapped in 2024.The IMB annual Piracy and Armed Robbery Report recorded 116 incidents against ships in 2024 compared to 120 in 2023 and 115 in 2022. It reveals that 94 vessels were boarded, 13 attempted attacks, six vessels hijacked and three fired upon.While the number of reported incidents in 2024 remains similar to those reported in 2023 and 2022, the number of crew taken hostage or kidnapped increased to 126 taken hostage in 2024 compared to 73 in 2023 and 41 in 2022. Twelve crew were reported kidnapped, compared to 14 in 2023 and two in 2022.

James Fishers Orders Four LNG Dual-Fuel Tankers

3 days ago

James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the long-term.A number of features that will add to the overall sustainability of the new builds have been carried over from recent additions to the company’s fleet, vessels Sir John Fisher and Lady Maria Fisher.