Chinese Companies Emerges as Global Force Across Exploration and Production, Engineering, Oilfield Services. Major Chinese companies now rank among the biggest national contingents at one of the world’s largest oil and gas industry events, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), as they look to secure an increasing share of global resources and markets.
International research platform looks to opportunities in China, Taiwan and US
UK companies working in the offshore wind sector are to be put in a $100bn shop window thanks to a new research programme between the UK and Asia.
Launched by the Offshore Renewable Energy (ORE) Catapult and funded by Innovate UK, the International ORE Research Platform links UK-based technology developers with Chinese authorities including the Ministry of Science and Technology (MOST), major Chinese wind farm developers and the Chinese Wind Energy Equipment Association (CWEEA).
Shell and China National Offshore Oil Corporation (CNOOC) have signed a Heads of Agreement (HOA) to expand their existing 50:50 joint venture (JV) in Huizhou, Guangdong Province, China.
China's apparent oil demand rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data.
Trelleborg’s engineered products operation fast-tracked the manufacture, testing and delivery of its floatover mating technology for a major oilfield project in the South China Sea, in just four months.
Sinopec, the Chinese state-owned oil major and Asia's biggest oil refiner, has posted a 22 per cent decline in quarterly profits amid global slump in oil prices.
