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In June 2005, a CNOOC Group company (NYSE and Hong Kong-listed public company CNOOC limited) made an $18.5 billion cash offer for American oil company Unocal Corporation, topping an earlier bid by ChevronTexaco. [7] Unocal's oil interests in Central Asia were considered a strategic fit for the company. On July 20, 2005, Unocal announced that it ...
CNOOC Limited (中国海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010. [3] It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed in Hong Kong SEHK: 883 since February 2001.
China's $1 billion oil drilling rig, the Haiyang Shiyou 981 – owned and operated by the China National Offshore Oil Corporation – in the South China Sea, Ocean Oil 981 – began its first drilling operations in 2012. [19] [20] It led to protests and hence had to be shifted back. [21]
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In a sign of the pickup in offshore equity sale momentum, two tech companies raised $500 million in total this week alone, and bankers and lawyers said a growing list of firms is preparing to ...
Equipped with a large 1200 tonnes lifting capacity crane, a long stinger [6] and extensive equipment for laying sub sea oil and gas pipelines, HYSY 202 has been engaged in numerous projects across the world, including building some of the largest bridges off the coast of China, and laying sub sea oil pipelines in the South China Sea. [7]
United Arab Emirates The US$3.29 billion Habshan–Fujairah oil pipeline was built with China Petroleum Pipeline Bureau, another subsidiary of CNPC. [1] The construction work was carried out from March 2008 to March 2011. The pipeline extends from Habshan, Abu Dhabi to Fujairah and has a capacity of 1.5 million-barrel-per-day. [1]
Equipped with a large 7,500 tonnes lifting capacity crane, an additional 4,000 tonnes crane and an auxiliary 1,600 tonnes hook, a long stinger [12] and extensive equipment for lifting and lowering exceptionally heavy equipment and oil rigs, Lanjing is the largest crane vessel in the world (as of 2019). [13]