日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

CNOOC set to ramp up exploration

By ZHENG XIN | China Daily | Updated: 2022-01-13 09:21
Share
Share - WeChat
Employees of a CNOOC's unit work on an offshore drilling platform in the Bohai Sea. [Photo/Xinhua]

Central SOE plans big investment to have more wells come on stream, boost production

China National Offshore Oil Corp, the country's top offshore oil and gas driller, plans to ramp up exploration investment this year with a batch of oil and gas fields coming on stream.

The company's planned capital expenditure for 2022 will be between 90 billion yuan ($14.14 billion) and 100 billion yuan, with that for exploration, development, production and others to account for approximately 20 percent, 57 percent, 21 percent and 2 percent, respectively, according to a summary of the centrally administered State-owned enterprise's business strategy and development plan for 2022 released on Tuesday.

In 2022, 13 new oil and gas fields projects are expected to come on stream, while it also plans to drill 227 offshore exploration wells and 132 onshore unconventional exploration wells.

The company's domestic exploration strategy will focus more on the gas sector while it will also push forward the development of unconventional gas exploration, said Xie Weizhi, chief financial officer of CNOOC Ltd.

As the three major oil and gas companies are shifting focus from fossil fuel energy to new energy given the backdrop of China's goals to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, the company will also invest 5 percent to 10 percent of its total capital expenditure in the development of new energy, Xie said.

Xu Keqiang, CEO of CNOOC Ltd, said the company's domestic crude output is expected to reach a peak of 60 million metric tons by 2030 and then remain at a steady level-five years ahead of the country's expected crude consumption peak.

The company's domestic natural gas output is seen reaching a peak of 40 billion cubic meters by 2035, Xu said.

The company's unconventional natural gas output has witnessed a drastic increase with annual production exceeding 3.5 billion cubic meters. Unconventional gas output is expected to reach 6 billion cubic meters to 8 billion cubic meters by 2025 and remain steady, he added.

"In 2022, we will continue to give priority to profit generation, strive to increase oil and gas reserves and production, and promote green energy transition initiatives," Xu said.

Steadily growing oil and natural gas output is critical to ensure the country's energy security as gas demand surges, experts said.

Li Ziyue, an analyst with BloombergNEF, said CNOOC's oil and gas production is estimated to grow above 6 percent annually during 2022-24, and "the company's continuous upstream investment and production commitment will play a critical role in China's energy supply security".

CNOOC's targeted net production for 2022 is 600 million barrels of oil equivalent to 610 million BOE, with production from China and overseas accounting for approximately 69 percent and 31 percent, respectively.

Its net production for 2021 is expected to be approximately 570 million BOE. The company's net production for 2023 and 2024 is estimated to hit 640 million BOE to 650 million BOE, and 680 million BOE to 690 million BOE, respectively.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 奇米影视444 | 加勒比综合| 伊人亚洲 | A片欧美乱妇高特黄AA片片 | 91香蕉国产视频 | 桃花综合 | 麻豆精品在线观看 | 日韩精品视频在线播放 | 久久99国产伦子精品免费 | 久久久一区二区三区不卡 | 欧美在线成人影院 | 久草网站 | 亚洲日本视频在线 | 青草视频在线观看免费资源 | 午夜影视 | 色综合一区 | 国产亚洲欧美在线视频 | 国产亚洲欧美一区二区 | 亚洲高清在线观看看片 | 日本高清视频在线播放 | 国产高清在线精品一区免费97 | 嫩草影院ncyy在线观看 | 国产精品果冻麻豆精东天美 | 国产成人精品高清在线观看99 | 亚洲午夜精品国产电影在线观看 | 国产亚洲一区二区三区在线观看 | 久热香蕉精品视频在线播放 | 天天操天天舔天天干 | 日韩av第一页 | 欧美日韩在线第一页 | 免费日韩视频 | 国产成人综合95精品视频免费 | 35pao强力打造| 久久一日本道色综合久久 | 日韩在线高清 | 国产成人一区二区 | 一区二区三区四区视频 | 日本不卡一区在线观看 | 一个色综合网站 | 福利网址| 日韩在线观看视频网站 |