What energy storage projects does cnooc have

What is CNOOC doing at Dongying?

CNOOC said on Thursday that its storage facility at Dongying, East China's Shandong Province is now being filled and has entered trial operations. The project will beef up China's crude supply capacity, improve supply/demand dynamics, rapidly lift energy trade and help cope with emergencies, the company said in a statement sent to the Global Times.

What does CNOOC stand for?

Chinese state-owned oil and gas giant China National Offshore Oil Corp (CNOOC) said it has completed a commercial crude reserve storage complex in East China, the largest single-phase storage facility in China so far, which is capable of holding 4.25 million tons of crude oil.

What will CNOOC do to promote green development of offshore oilfields?

CNOOC Ltd will continue to gear up its research and development to promote the green development of offshore oilfields and explore offshore storage solutions for onshore CO 2 in coastal areas, he added. The company achieved first oil in early December last year at the Enping oil complex, which includes the Enping 10-2, 15-1, 15-2 and 20-4 fields.

How does CNOOC Shenzhen work?

Zhang Wei, chief engineer of CNOOC Shenzhen, which spearheads the project implementation, said the scheme involves first separating oil from the CO 2 and then dewatering and compressing CO 2 before it is rejected into the reservoir.

Will CNOOC boost foreign trade value?

For the Port of Dongying, the CNOOC storage facility is expected to boost throughput by 15 million tons and increase foreign trade value by 20 billion yuan, according to the company. The Bohai Sea Oilfield is China's largest offshore oil producing base, churning out 31.75 million tons of crude in 2022.

How many offshore platforms are in the ep15-1 CEP project?

The project will involve four offshore platforms — a central equipment platform dubbed EP15-1 CEP, a production platform (EP20-4 DPP) and two wellhead platforms (EP10-2 WHPA and EP20-5W HPA ) as well as four subsea pipelines.