Page 9 - AsianOil Week 11 2021
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AsianOil                                       EAST ASIA                                            AsianOil











                         as well as the construction of a hydrogen  trucks and buses to support the games’ logistical
                         refuelling station.                  needs.
                           CNPC said its station – which consists of a   Royal Dutch Shell announced in November
                         hydrogenation area, a hydrogen storage area  2020 that it had formed a joint venture with
                         and a process device area – operates at an aver-  Zhangjiakou-based ZJK JT to build a 20-MW
                         age capacity of 1,000kg per day. The facility is  hydrogen electrolyser to produce green hydro-
                         expected to refuel thousands of vehicles during  gen. The fuel output will be used to meet the
                         the Games.                           demand from the city’s planned hydrogen fleet.
                           The station had refuelled a total 470 vehicles   While China is a global leader in terms of
                         as of February 19, dispensing a total of 4,958.94  hydrogen production, its output is tied to fossil
                         kg of hydrogen, according to CNPC, which  fuels and the economic giant has been slower to
                         added that it intended to launch 50 such facili-  explore green and even blue hydrogen options.
                         ties across China.                   The country produces around 20mn tonnes per
                           Zhangjiakou City, which is hosting part of the  year (tpy) of the clean fuel, a figure that accounts
                         Winter Olympics, will deploy 1,000 hydrogen  for around a third of the world’s production.™



       CNOOC Ltd starts up




       shallow-water oilfield





        PROJECTS &       STATE-RUN  Chinese offshore developer   CNOOC Ltd announced plans earlier this
        COMPANIES        CNOOC Ltd has announced the start-up of  year to boost its oil and gas production in 2021
                         production at its wholly-owned Caofeidian 6-4  by 3-5% as it seeks to bring on stream several
                         oilfield in the shallow waters of Bohai Bay.  new fields both at home and abroad.
                           While CNOOC Ltd, a unit of state-owned   The developer aims to produce 545-555mn
                         China National Offshore Oil Corp. (CNOOC),  barrels of oil equivalent in 2021, up from a
                         built a new central platform at Caofeidian 6-4,  528mn boe in 2020, with around 68% that figure
                         the company noted it had been able to tie the  to come from domestic fields.
                         project back to existing processing facilities at   CNOOC Ltd has set out a development
                         the Nanpu 35-2 and Qinhuangdao 32-6 oilfields.  budget CNY90-100bn ($13.96-15.51bn) for
                           The state developer intends to drill 30 pro-  this year and wants to drill 217 exploration
                         duction wells and 12 water injection wells and  wells as well as bring 19 new projects on line.
                         water source wells at Caofeidian 6-4, which is  The company highlighting projects such as
                         in Bohai’s Midwest in average water depths of  Caofeidian 6-4 oilfield as a key component of
                         around 20 metres, reaching peak production of  its production strategy.
                         around 15,000 barrels per day of oil in 2023.  The company announced last month that
                           The company said it would promote green  it had made a significant shallow-water oil
                         and low-carbon production at the oilfield, with  and gas discovery in the Bohai Bay in the
                         the project set to eliminate sewage emissions  Bozhong 13-2 structure. CNOOC Ltd said
                         while also reducing its dependency on coal-fired  at the time that the BZ13-2-2 well had made
                         power consumption thanks to the fact the pro-  a “large-sized” discovery, without providing
                         ject generates its own power.        a resource estimate.™


















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