echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Best in history, CNPC International made breakthroughs in overseas oil and gas exploration

    Best in history, CNPC International made breakthroughs in overseas oil and gas exploration

    • Last Update: 2022-01-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

      On January 8, local time, the first exploratory well Gulachao 1 in the Alam deepwater subsalt block in Brazil completed the drilling operation 17 days ahead of schedule
    .
    Previously, this exploratory well was confirmed to have made major oil and gas discoveries in the deepwater risk exploration of the Alam block, becoming a highlight of PetroChina's overseas oil and gas business in 2021

    .


      In 2021, CNPC International will focus on the main responsibility and main business, and will solidly carry out the "four major projects" of improving quality and efficiency, governance of loss-making enterprises, three-year corporate reform and talent-strengthening enterprises, and promoting the in-depth integration of party history learning and education with production and operation.
    Major breakthroughs have been made in exploration, the profitable output of 100 million tons has continued to be consolidated, the operating efficiency has been greatly improved, and the asset optimization has achieved remarkable results, achieving a good start in the "14th Five-Year Plan"

    .


      Adhering to the resource strategy, the company has deepened geological research and strengthened the deployment of exploration plans.
    It has successively made two billion-ton and three-billion-ton major discoveries in overseas oil and gas exploration, becoming the best and most important discovery in the history of overseas oil and gas business development.
    A bumper year for both oil and gas

    .


      Strengthen overall planning and coordination to overcome the unfavorable factors such as the continuous spread of the global epidemic and the production limit of "OPEC+".
    The oil and gas equity production equivalent was 100.
    98 million tons, maintaining the online production of 100 million tons of profit for the third consecutive year

    .


      The key projects are progressing steadily, the Niger Phase II integration project has been fully launched, the Chad PSA project production capacity construction project has been fully put into operation, and the Kazakhstan Northwest Crude Oil Pipeline Reverse Transmission Project has been put into operation ahead of schedule
    .
    The construction of the second phase of the eastern part of the Amu Darya project in Turkmenistan, and the fourth production line of the Yamal LNG project in Russia have been put into operation.

    .


      In accordance with the positioning of "optimized development" and focusing on improving economic benefits, the company has accelerated the promotion of the "three optimizations" of asset structure, business structure and regional layout, comprehensively improved the efficiency of overseas assets, and achieved remarkable results
    .
    During the year, the contracts of 5 high-quality projects including Kazakhstan No.
    62 and Indonesia Jiabu Block were extended, and the asset optimization achieved the best results in the past years

    .


      Strengthening overseas scientific and technological research and strengthening the technical support for overseas projects, the company's three major national scientific and technological projects have successfully passed the acceptance, and a number of major landmark achievements have been achieved in complex rift basins and ultra-deep-water subsalt lacustrine carbonate rocks
    .
    (Reporter Cui Mo)


      From: China Petroleum News

      

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.