First Oil Starts Flowing at CNOOC’s South China Sea Field

Friday, September 20, 2024

China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform.

The project is located in eastern South China Sea and consists of 2 oilfields, Liuhua 11-1 and Liuhua 4-1, with an average water depth of approximately 305 meters.

The main production facilities include a new deepwater jacket platform Haiji-2 and a cylindrical FPSO Haikui-1.

The Haikui-1 FPSO consists of nearly 600,000 parts, and has a weight of nearly 37,000 tons, a height close to a 30-storey building, and a maximum oil storage capacity of 60,000 tons. With a design life of 30 years, it can operate at sea for 15 consecutive years.

A total of 32 development wells are to be commissioned. The project is expected to achieve a peak production of approximately 17,900 barrels of oil equivalent per day in 2026, and the oil property is heavy crude.

“It is the first oilfield in Asia to be developed with the deepwater jacket platform plus cylindrical FPSO mode. The company has overcome various technological challenges to complete the project.

“While revitalizing the deepwater oilfields with original oil in place over 100 million tons, the new mode has substantially reduced the construction and production costs. It provides a Chinese solution for the efficient development of similar deepwater oil and gas fields,” said Zhou Xinhuai, CEO and President of CNOOC.

Categories: Industry News Activity Production Asia South China Sea Oil and Gas

Related Stories

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Iran War Sparks Global Rush to Build Strategic Oil Reserves

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Indonesia Targets Higher Oil and Gas Output in 2027

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

Current News

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com