CNOOC kickstarts production at Suizhong 36-1/Luda 5-2 oilfield in Bohai Sea

TAGS

CNOOC Limited, a major player in the oil and gas industry, has officially announced the commencement of production at the / Secondary Adjustment and Development Project. Located in the strategically significant of the Bohai Sea, this project marks a pivotal moment in offshore oil and gas development, particularly in terms of sustainability and environmental stewardship.

The project, situated in an area with an average water depth of around 30 meters, features major production facilities, including two new central processing platforms and two wellhead platforms. With a planned development of 118 wells, comprising 81 production wells and 37 water-injection wells, the project is poised for significant output. It is anticipated to reach a peak production of approximately 30,300 barrels of crude oil per day by 2025.

See also  Lilly, Innovent Biologics expand licensing deal for blood cancer drug Tyvyt

Notably, the Suizhong 36-1/Luda 5-2 Oilfield project stands as the largest secondary development and adjustment initiative in offshore China. It embodies the principle of region-wide development, serving as a model for the sustainable exploitation of offshore oil and gas fields. The project’s reliance on onshore power supply is particularly commendable; it taps into green electricity generated on land, aligning with global efforts towards green and low-carbon energy development.

CNOOC launches production at Suizhong 36-1/Luda 5-2 oilfield in Bohai Sea, China

launches production at Suizhong 36-1/Luda 5-2 oilfield in Bohai Sea, China

As the sole owner and operator, CNOOC Limited holds a 100% interest in this groundbreaking project. This initiative reflects the company’s commitment to integrating sustainable practices into its operations, emphasizing environmental protection and the efficient use of resources. By leveraging onshore green electricity, CNOOC Limited is setting a new standard for the industry, underscoring the potential for harmonizing energy production with ecological conservation.

See also  Kintor Pharmaceutical completes patient enrollment in KX-826 phase 2 trial

The commencement of the Suizhong 36-1/Luda 5-2 Oilfield project by CNOOC Limited represents a significant step forward in the sustainable development of offshore oil and gas resources. It not only showcases the company’s innovative approach to energy production but also its dedication to environmental stewardship. This project could serve as a blueprint for future developments in the industry, highlighting the importance of sustainability and green energy in the evolution of global oil and gas operations.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This