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Plunge! International oil prices fall below $60
Affected by the US trade tariffs, global stock markets have been in turmoil, and the international oil price has plummeted. Over the past week, Brent crude oil has dropped by 10.9%, and WTI crude oil has fallen by 10.6%. Today, both types of oil have declined by more than 3%. Brent crude oil fut...Read more -
First Discovery of 100-Million-Ton Offshore Oilfield in China’s Deep-Ultra-Deep Clastic Rock Formations
On March 31, CNOOC announced China's discovery of the Huizhou 19-6 oilfield with reserves exceeding 100 million tons in the eastern South China Sea. This marks China's first major integrated offshore oilfield in deep-ultra-deep clastic rock formations, demonstrating sign...Read more -
PR-10 Absolute Fine Particles Compacted Cyclonic Remover
The PR-10 hydrocyclonic remover is designed and patented construction and installation for removing those extremely fine solid particles, which density is heavier than the liquid, from any liquid or mixture with gas. For example, produced water, sea-water, etc. The flow ...Read more -
Foreign client visited our workshop
In December 2024, a foreign enterprises came to visit our company and showed a strong interest in the hydrocyclone designed and manufactured by our company, and discussed cooperation with us. In addition, we introduced other separation equipment to be used in oil & gas industries, such as, ne...Read more -
CNOOC Limited Kicks Off Production at Liuhua 11-1/4-1 Oilfield Secondary Development Project
On September 19, CNOOC Limited announced that the Liuhua 11-1/4-1 Oilfield Secondary Development Project has commenced production. The project is located in eastern South China Sea and consists of 2 oilfields, Liuhua 11-1 and Liuhua 4-1, with an average water depth of approximately 305 meters. Th...Read more -
2138 meters in one day! A new record is created
The correspondent was apprised officially by CNOOC on 31 August，that CNOOC completed efficiently an exploration of well drilling operation in a block located in the south China Sea closed to Hainan Island. On 20 August, the daily drilling length reached up to 2138 meters, creating a new record f...Read more -
The source of crude oil and the conditions for its formation
Petroleum or crude is a kind of complex natural organic matter, the main composition is carbon (C) and hydrogen (H), carbon content is generally 80%-88%, hydrogen is 10%-14%, and contains a small amount of oxygen (O), sulfur (S), nitrogen (N) and other elements. Compounds composed of these elemen...Read more
