Its roles FEED EPCI
Offshore Oil Engineering Co., Ltd. (COOEC; 海洋石油工程股份有限公司) is a major Chinese engineering, procurement, construction and installation (EPCI) contractor focused on offshore oil and gas and related energy infrastructure. Headquartered in Tianjin and part of the CNOOC group, the company delivers integrated project services from front-end engineering through fabrication, offshore installation, hook-up and commissioning.
COOEC’s capabilities span design and fabrication of jackets and topsides, subsea pipelines and umbilicals, offshore wind and subsea infrastructure, and process modules for FPSOs and other marine assets. It also fabricates large onshore modules used in refining, LNG and chemical plant projects, and provides maintenance and modification services. The company operates multiple fabrication yards in China and serves both domestic and international energy and industrial clients.
Also known as 海油工程 and China Offshore Oil Engineering Company.
chemXplore tracks 2 projects involving COOEC, of which one is active.
Besides this one, the record holds 1 completed project.
1 more active project and the 1 that is completed, on hold or cancelled are in the record. See all 2 in chemXplore
Higher output and operating cash generation estimates accompany increased Capex, operating expenses and lease-flow guidance.
Hit nominal capacity; platform 180 km offshore; high permo-porosity, thick reservoir supports strong flows; Búzios will host 12 FPSOs with two due in 2027.
Medium-to-heavy sweet crude from Tilenga and Kingfisher, up to 230,000 b/d, will ship via the EACOP to the Port of Tanga; a US$2bn facility and Tanga regional hub are planned.
July average exports reached 10.8 million m³/d; daily peak hit 14.1 million m³ on 6 August after CO₂-membrane upgrades and Route 3 operation.
Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
Record oil, NGL and gas output reached 3.34 MMboed in Q2, up 14.1% YoY; operated production 4.87 MMboed; refinery utilisation 101.2% and derivative imports at pandemic-low.
Record reached after P-78 and P-79 began ramping up; field operates eight production units and plans 12 FPSOs.
Brought online three months early, FPSO adds 180,000 bpd and 7.2M m³/d compression, raising field capacity to ~1.33M bpd; 14 wells planned and up to 3M m³/d gas export.
