Page 11 - AsianOil Week 42 2022
P. 11
AsianOil EAST ASIA AsianOil
CNOOC hits gas in South China Sea
PROJECTS & CHINA’S state-owned CNOOC announced the construction of a gas production base of trillion
COMPANIES discovery on October 19 of a deep-water gas field cubic metres of resources in the South China
in the sea south-east of Hainan Province, esti- Sea. The review and filing once again confirmed
The company sees this mating its size at more than 50bn cubic metres the exploration potential of this structure,”
as a major milestone. of resources. CNOOC said.
The Baodao 21-1 gas deposit is situated in The Baodao 21-1-1 discovery well was drilled
the Baodao Sag, Qiongdongnan basin, in the to a depth of close to 5,200 metres and uncov-
western South China Sea, at a water depth of ered a 113-metre pay zone. Its future develop-
660 to 1,570 metres. The discovery well, named ment will depend on various factors, CNOOC
Baodao, was recorded to flow close to 590,000 said, warning that “there is no assurance that the
cubic metres per day, according to CNOOC. project will proceed as planned, if at all.”
“It has achieved the biggest breakthrough CNOOC launched production at the Kenli
in the Songnan-Baodao Sag in more than half 6-1 oilfield in the South China Sea in September,
a century, and will lay a solid foundation for the with the project estimated to yield 7,100 barrels
construction of a trillion-dollar gas region in the per day (bpd) of oil by next year, according to
South China Sea,” the company added. the company. That same month, the company
CNOOC hailed the discovery as its first deep- brought on stream the Dongfang 1-1 and Len-
water one in the region, and its biggest “in more dong 22-1 gas fields, which are expected to reach
than half a century in Songnan-Baodao Sag.” peak output of 44mn cubic feet (1.25mn cubic
“It will lay a solid foundation for the metres) per day.
SOUTHEAST ASIA
Semcorp wins rig deals from
Fortress Energy
PROJECTS & SINGAPORE’S Sembcorp Marine has secured produced will be stored in a separate LNG
COMPANIES master service deals for the engineering, con- tanker moored near the FLNG liquefaction
version, topside fabrication and integration facility. While NFE currently has Fast LNG
They will be used for a of two Sevan cylindrical drilling vessels into liquefaction facilities on jack-up rigs under
1.4mn tonne-per-year floating LNG (FLNG) facilities, from US-based construction in the US, this marks the first set
LNG facility. Fortress Energy. of two Sevan cylindrical hulls to be repurposed
The agreements cover the fabrication and into FLNG liquefaction facilities,” Sembcorp
integration of LNG topside modules, Semb- said.
corp Marine, based in Singapore, said. Semcorp’s senior vice president and head of
“The hull conversion and fabrication of its rigs and floaters division, William Gu, said:
topsides for the first FLNG liquefaction facil- “We are pleased and honoured to partner New
ity is scheduled for delivery in the first half of Fortress Energy in its fast FLNG programme
2024 through the work engagement contract through these two FLNG conversion projects
awarded by New Fortress Energy (NFE). Work incorporating SCM’s proprietary Sevan cylin-
on the second FLNG liquefaction facility pro- drical hull design. Marking SCM’s successful
ject is expected to be contracted through fur- penetration of the FLNG market, these pro-
ther work engagement contracts to Sembcorp jects allow our customer to rapidly deploy
Marine at a later date,” the shipyard said. FLNG facilities to capture the growing demand
“The two FLNG liquefaction units will for LNG liquefaction terminals, and to tap on
host the NFE-designed Fast LNG liquefaction SCM’s full suite of floating and nearshore LNG
production facility with a capacity of approx- solutions that are well placed to meet the needs
imately 1.4mn tonnes per year [tpy]. LNG of the burgeoning LNG market.”
Week 42 24•October•2022 www. NEWSBASE .com P11
