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

Container Shippers Mitigating Green Transition Risks with Dual-Fuel Vessel Orders

3 hours ago

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and whether supplies will be cheap and abundant enough to keep their fleets in motion.Decarbonizing shipping is important to global efforts to fight climate change because it accounts for about 3% of global greenhouse gases, but accomplishing it will be difficult and costly

Misunderstanding General Average Concepts Could Harm Offshore Operators

9 hours ago

At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen, an Associate of the AAA and Senior Claims Manager at DOF

Australia and India Talk Maritime, Renewables at G20

yesterday

Australia will partner with India to boost investment in renewable energy, including solar manufacturing, battery and mineral processing, Prime Minister Anthony Albanese said in a meeting with his Indian counterpart on the G20 sidelines.Australia and India will also look to enhance defense and maritime security cooperation, Albanese said in a meeting with India's Prime Minister Narendra Modi in Rio de Janeiro on Tuesday.The two countries, along with the United States and Japan, are members of the Quad, which has sought to balance China's rising military and economic clout in the Indo Pacific region.

Sabotage: Two Undersea Cables Cut in Baltic Sea

2 days ago

Two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday.The episode recalled other incidents in the same waterway that authorities have probed as potentially malicious including damage to a gas pipeline and undersea cables last year and the 2022 explosions of the Nord Sea gas pipelines.The 1,200-kilometre (745-mile) cable connecting Helsinki to the German port of Rostock stopped working around 0200 GMT on Monday, Finnish state-controlled cyber security and telecoms company Cinia said.

Global Offshore Wind Stumbles to the End of '24

2 days ago

Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.Reuters spoke to 12 offshore wind companies, industry researchers, trade associations, and government officials in six countries to come up with a global picture of the state of the industry and its outlook, and found soaring costs, project delays and limited supply chain investment were hobbling installations.