China’s saber-rattling around Taiwan underlines the need for Australia to be prepared for conflict in the South China Sea.With its growing navy and air force, and the bases it has built throughout the area, China is increasingly capable of disrupting…
China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…
The Philippines' outgoing foreign minister said on Thursday that talks over joint energy exploration between his country and China in the South China Sea had been terminated, citing constitutional constraints and issues of sovereignty.The two…
Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.Razon's…
China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialist Vortexa Analytics.Diona, a very large crude carrier owned by National Iranian Tanker Company (NITC)…
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by the Chinese offshore engineering and construction company COEEC.With a total height of 302 meters and 30,000 tons of weight exceeding the lifting capacity of the world's largest derrick barge…
It is too soon for China's CNOOC to discuss fresh investment in Russia, though its 10% stake in a liquefied natural gas (LNG) project in the Russian Arctic is proceeding normally, Chairman Wang Dongjin said on Wednesday.Wang had been asked if…
MacGregor, part of Cargotec, has won a contract to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of the South China Sea. The contract has been awarded following the successful cooperation…
China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…
American Bureau of Shipping (ABS) has awarded China's Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Designed for use in the South China Sea to support the emerging Chinese offshore wind industry…
China told Indonesia to stop drilling for oil and natural gas in maritime territory that both countries regard as their own during a months-long standoff in the South China Sea earlier this year, four people familiar with the matter told Reuters…
China's State Power Investment Corp (SPIC), the country's top green power operator, connected two newly built offshore wind farms off south China's Guangdong province to the state grid on Tuesday, the company said on its official Wechat account…
Chinese national oil company CNOOC has started producing oil from Lufeng offshore oil fields in the eastern section of the South China Sea.The oil fields include Lufeng 14-4 oil field, Lufeng 14-8 oil field, Lufeng 15-1 oil field, and Lufeng 22-1 oil field…
China's state-run offshore oil and gas major CNOOC Ltd said it plans to raise up to 35 billion yuan ($5.41 billion) in a new share issue on the Shanghai stock exchange to fund several key oil and gas projects.The domestic fund-raising plan came as U…
Chinese offshore oil producer CNOOC said Friday it had begun producing oil from its Bozhong 19-4 project in the south of the Bohai Sea. Located in an average water depth of about 21 meters, the project uses the existing processing facilities of Bozhong 25-1 oilfield…
