Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

CNOOC announces breakthrough in Metamorphic Buried-Hill Exploration

Fossil Energy – Exploration

China National Offshore Oil Corporation (CNOOC) has made a significant breakthrough in deep metamorphic buried-hill exploration in the South China Sea, marking China’s first offshore discovery of metamorphic sandstone and slate buried hills

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Solitaire sets standard on Yggdrasil

Fossil Energy – Pipeline Installation

Allseas’ Solitaire has completed pipelay duties for Equinor and Aker BP Yggdrasil development – delivering 122 kilometres of oil and gas export pipelines.

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CNOOC starts oil production at South China Sea field

Fossil Energy – China

China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 5-3 oilfield development project in the Beibu Gulf Basin of the South China Sea.

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Shell signs agreement with COOEC to enhance collaboration

Fossil Energy – MoU

Shell and China’s Offshore Oil Engineering Company (COOEC) have signed a new Memorandum of Understanding (MoU) aimed at deepening their strategic partnership and expanding cooperation across traditional oil and gas as well as low-carbon energy sectors.

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Suriname’s 2025 exploration wells targeting 900 mm boe of resources

Fossil Energy – Suriname

Wood Mackenzie projects that the three exploration prospects currently being developed in Suriname’s offshore basin this year hold a combined total of approximately 900 million barrels of oil equivalent (mmboe).

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