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ConocoPhillips and CNOOC to install turbines for Penglai Oilfield

By: Tom Russell 07/11/2022 ConocoPhillips China Inc.

General Windfarms

ConocoPhillips China Inc. (COPC) and CNOOC Limited officially announced the commencement of the Penglai Offshore Windfarm Pilot Project at the fifth China International Import Expo (CIIE) in Shanghai. The project aims to harness wind energy to supply power to the Penglai Oilfield, China’s largest offshore oil and gas production base under Production Sharing Contract, located in Bohai Bay, Northeast China.

Twenty years after Penglai achieved its first oil, the oilfield is still under various phases of development as the two companies expect a long production life ahead. The newly launched wind farm project aims to provide an optimal solution in meeting the Penglai Oilfield’s power demand, which is expected to increase year by year as development continues.

Featuring four wind turbines with a total installed capacity of 34 MW, the wind farm ties back to the existing central processing platform via subsea cables, distributing energy to the field’s power grid system. At full capacity, the wind farm is expected to have the potential to cover over 30% of the power needed for the Penglai Oilfield’s operations and achieve tens of thousands of tons of annual CO2 reductions.

“This pilot project represents a first-of-its-kind integration of offshore wind power being harnessed solely for offshore oil and gas facilities in China,” said Bill Arnold, President of COPC. “We believe it will become a benchmark for future low carbon emission offshore oilfield developments.”

“CNOOC Limited and ConocoPhillips have maintained a successful partnership over the past 40 years in upstream oil and gas. Building upon a shared commitment to sustainability, we are excited to embrace this new chapter in our relationship and expand our scope of collaboration to encompass low carbon energy development,” said Yang Yun, Executive Vice President of CNOOC Limited.

In addition to offshore wind power, the two companies are closely evaluating opportunities in power from shore, as well as carbon capture and storage (CCS) and carbon capture, utilization, and storage (CCUS).

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ConocoPhillips and CNOOC to install turbines for Penglai Oilfield

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