【ECF News】Because you're worth it! CNPC launches three-star shared apartment for oilfield workers

Because you're worth it

【ECF News】Summary of new technologies in major oil fields of PetroChina (1H 2019) - Part II

Dagang OilfieldTechnology: key technology for fine layered water injection in sand-flow and high pressure deep reservoirEffect: The project overcomes the technical problems of dispensing in HTHP deep inclined wells. The overall technology has reached the international advanced level. And the multi-stage dispensing and inspection & sealing technology in HTHP deep inclined wells has reached the international leading level.Low-maturity shale oil cementing technology in Jilin OilfieldTechnology: supporting pre-stressed cementing & completion technologyEffect: The low-maturity shale oil reserves in

【ECF News】Summary of new technologies in major oil fields of PetroChina (1H 2019) - Part I

Summary of new technologies in major oil fields of PetroChina (1H 2019) - Part I

Tech CNPC 2019-08-09

ECF China Shale Weekly Review - July 28, 2019

ECF China Shale Weekly Review - July 28, 2019

【ECF News】 China Oil Drilling Market Analysis

In the next few years, the workload of China's oil industry is expected to maintain rapid growth.

ECF China Shale Weekly Review - July 14, 2019

ECF China Shale Weekly Review - July 14, 2019

Call for Innovators: ECF2019 Shale Technology Showcase

Seeking new shale oil & gas technologies

Drilling platform a breakthrough in South China Sea

Discussions over joint oil and gas exploration in the South China Sea could soon be stirred up once more, as China's first self-developed semi-submersible drilling platform completed its first deep-water well, a breakthrough for China's exploration of deep-water oil and gas in the South China Sea.Previously, all deep-water oil or gas wells in Chinese territory were drilled by using foreign-produced platforms. The completion of a deep-sea well like this indicates China has achieved substantial progress on deep-water oil and gas drilling.The South China Sea oil and gas resource issue is one of t

Tech 2019-04-16

CNOOC signs contract with Smart Oil for China block

China’s largest offshore energy producer CNOOC Limited said its parent company China National Offshore Oil Corporation, signed a production sharing contract with Smart Oil for an offshore block in China.The contract area is the Bohai 09/17 Block, located in the Qikou sag, Bohai Bay Basin in China. It covers a total area of 509.3 square kilometers with a water depth of 5-10 meters.According to the terms of the contract, Smart Oil will be the operator during the exploration period and conduct exploration activities in the block and bear any cost incurred, CNOOC said in a statement.Once entering

China-built deep-water drilling rig achieves a first in South China Sea

China's first self-developed deep-sea semi-submersible drilling platform recently completed its first deep-water well in the South China Sea, which analysts said will guarantee a stable energy supply for the development of the Guangdong-Hong Kong-Macao Greater Bay Area.The well, designated HYSY-981, also known as "Offshore Oil 981" is located in the eastern waters of the South China Sea, and is a high angle directional well. The well is 4,660 meters deep and reaches a true vertical depth of 2,529 meters, according to a news release on the website of the State-owned Assets Supervision and Adm

China Readies State Oil, Gas Pipeline Firm In Major Asset Shakeup

China is set to announce this year the creation of a state-held oil and gas pipeline company, combining the midstream assets of the national firms in a bid to allow energy companies to focus on boosting exploration and production, Reuters reported on Wednesday, citing three people with knowledge of the plans. Combining China’s pipeline infrastructure into one firm and opening access to this infrastructure to foreign and private producers would help the state oil and gas firms to focus on exploration at a time when China aims to increase its domestic production.China’s National Development and

China Gas Pipeline 2019-02-28

Chinese Oilfield Equipment Maker Looks to Go Smart With Microsoft AI

Haimo Technologies Group, a Chinese firm that makes oil exploration equipment, is employing Microsoft’s artificial intelligence services as it looks to transform itself into a smart manufacturer.Haimo and Microsoft China penned a service order on Dec. 21, the manufacturer said in a statement yesterday. The pair also inked a second agreement that made Haimo the first petroleum industry firm to join Microsoft Research Asia’s Innovation Partnership Forum.Haimo plans to use the Microsoft tech and its own expertise to generate tech-led solutions in smart meter advancement, oil well development and

Tech 2018-12-26

Chinese oil equipment exporter gets $2.7 million fine

Yantai Jereh Oilfield Services Group Co. Ltd. will pay a $2.7 million fine for carrying out illicit U.S. exports to Iran. According to the Treasury Department’s Office of Foreign Assets Control (OFAC), the Yantai, China-based company violated the U.S. Iranian Transactions and Sanctions Regulations on 11 occasions. The violations involved the export or re-export of U.S.-origin oilfield equipment components, including coiled tubing and pump sets, via China to various end users in Iran. OFAC noted that two of the 11 Jereh Group shipments were seized by Customs and Border Protection pr

Service 2018-12-17

Chinese engineering firm wins Saudi shipyard construction contract

The Power Construction Corp of China (PowerChina) engineering group has won a contract to construct the new IMI shipbuilding complex in Saudi Arabia.PowerChina secured the contract to build the marine facilities of the King Salman International Complex, which will be operated by International Maritime Industries (IMI) from 2020.The work assigned to PowerChina will cover an area of 4.5 km by 2.5 km and will be intended for the building of very large crude carriers (VLCCs), offshore drilling rigs, production platforms and other vessel types.There will also be shiprepair and offshore engineering

Honghua Signs an around US$30 million Land Drilling Rig Contract with Kuwait Drilling Company

Honghua Group Ltd ("Honghua" or the "Group") (Stock Code: 0196.HK), a leading global land drilling rig manufacturer, is pleased to announce that recently, Honghua Golden Coast Equipment FZE ("GCE"), a wholly-owned subsidiary of the Company, and Kuwait Drilling Company ("KDC") officially signed an around US$30 million sales contract for land drilling rigs with certain specifications.This contract is an additional sales contract between Honghua Golden Coast and KDC for land drilling rigs after 2016. At present, Honghua's number of rigs in the Kuwaiti market has increased to 23 sets. The cooperat

Tech 2018-11-27

COOEC-Fluor completes module fabrication for Huizhou oil field in China

COOEC-Fluor Heavy Industries (COOEC-Fluor) has completed fabrication of the topsides, living quarters and drilling modules for the HZ32-5/33-1 oilfield joint development project offshore China.

Petro-king Oilfield Services to provide fracking services in China

Oilfield services provider Petro-king Oilfield Services has won a bid to provide shale gas fracturing services in southwestern China, the company said on Wednesday.

China Exploration 2018-08-17

CNOOC orders Aker Solutions umbilicals for Liuhua

Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong.

China-made flow meter to replace foreign versions for oil, gas mining at lower cost

China has successfully developed an underwater wet gas flow meter that is expected to replace imported ones in the development of deep sea oil and gas fields, its developer said.

Tech 2018-07-12

China builds world’s largest oil-processing sea platform

China's offshore resource exploitation technology can benefit countries involved in the Belt and Road initiative, Chinese experts said on Sunday after a multi-purpose oil platform began its journey from Qingdao, East China's Shandong Province for Brazil.

CNOOC 2018-06-04
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