COOEC is proactively pursuing green and low-carbon development concept for offshore renewable energy industry. Our company has established the capabilities of modification, upgrade and subsea installation for offshore CCUS platform and offshore upstream flaring reduction & recycling services. COOEC will continue to develop, explore and promote the integration and sustainable development in the renewable industry.
COOEC realized the offshore demonstration application of CCUS and completed the Enping 15-1 carbon dioxide storage project, which was successfully put into operation in 2023. With the first offshore carbon dioxide storage demonstration project in China, the carbon dioxide associated with the oil field can be captured and treated and then injected back into the seabed in a certain burial depth for permanent storage, achieving zero carbon dioxide emissions. The annual storage reaches 300,000 tons, equivalent to nearly 14 million trees planted every year, filling the gap in China’s marine carbon dioxide storage technology.
Offshore Oil Engineering Co., Ltd. is a listed company controlled by China National Offshore Oil Corporation. It is the only large general contracting company in China with capacities to undertake the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects, as well as the liquefied natural gas, offshore wind power, refining and chemical projects, etc. It is also one of the largest and the most competitive EPCI (engineering, procurement, construction and installation) contractors of offshore oil and gas projects in the Asia-Pacific region. The Company is headquartered in Binhai New Area, Tianjin. It was listed on Shanghai Stock Exchange (Stock Short Name: COOEC, Stock Symbol: 600583) on February 2002.
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Attachment CCUS