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Country summary: China

energy-pedia opportunities - China:
Current deals: 0
Licensing articles: 83
Completed deals: 68

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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China - recent news

12 Jan 21
China: Wood secures USD120 million contract for ethylene expansion in China
Wood has secured a contract valued at over $120 million with Sinopec to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone (FTZ) in South China.
04 Jan 21
China: Eni signs MoU on cooperation with China
Eni and the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC) have signed an agreement promoting the collaboration between Eni and Chinese energy players.
16 Dec 20
China to be top market for onshore seismic in the next two years; global recovery to wait until 2022
The global onshore seismic market has had a devastating 2020 with a 27% slump in purchase value. Next year is set to be even more painful year as operators’ budget cuts will continue to strain the services sector, before a projected recovery in 2022, a Rystad Energy report shows, but China will be a bright exemption to the trend as it will lead global purchases in the next two years.
14 Dec 20
China: CNOOC announces Penglai 25-6 oilfield area 3 project commences production
CNOOC Limited has announced that the Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule.
12 Dec 20
China: CNOOC and Horizon commence infill drilling programme in Block 22/12, Beibu Gulf, China
Horizon has advised that drilling operations have commenced on two infill wells located in the CNOOC-operated Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, People’s Republic of China.

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