Page 46 - Cnooc News Today

The 115km-long Shenhai-1–Zhuhai oil pipeline is operated by CNOOC. The deepwater, onshore, shallow water, ultra-deepwater oil pipeline with a maximum diameter of 20 inches, starts at Guangdong (China) and ends in Guangdong (China).

Asian equities were broadly lower following the US’ hot jobs release, which reduces the probability of US Fed interest rate cuts in the near term as higher for longer weighed on investors sentiment.

The current path of climate policy is at a dead end—a welcome opportunity to rethink.

SBM Offshore has corroborated the start of production from an FPSO, which is working on Petrobras’ giant oil field off Brazil.

This pilot unit, using a pioneer high pressure subsea separation technology (HISEP), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.

This pilot unit, using a pioneer high pressure subsea separation technology (HISEP), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore Brazil. The third production unit at the field, out of a total of five, since two are yet to be installed.

Asian equities ended a poor start to 2024 mixed as investors waited for this morning’s payroll release as the US 10-year Treasury yield rose above 4% overnight with the US dollar rallied.

Production from the oil fields in Uganda will be transported to the port of Tanga in Tanzania through the cross-border pipeline developed by the EACOP Company.

TotalEnergies encounters resistance for its Tilenga oil project in Uganda, prompting a review of land acquisition practices.