CNOOC shuts-in oil production from four fields after FPSO malfunction

Source: CNOOC

China National Offshore Oil Company CNOOC Limited (NYSE: CEO) reported that a malfunction occurred on the single point mooring system of the Floating, Production, Storage and Offloading (FPSO) vessel Haiyangshiyou 102 serving in the Bohai Bay due to rough sea conditions. Operations were immediately shut down at the affected oil fields.

The Haiyangshiyou 102 FPSO has since been safely secured and tugged to safe area. There were no injuries during the process, and no oil spill was found. CNOOC is actively working on the recovery plan to resume production as early as possible.

The oil fields affected this time include Bozhong (BZ) 28-2 S, BZ 28-2 SN, BZ 34-1N and BZ 29-4. All four fields are owned and operated by CNOOC. The total production capacity was approximately 39,000 barrels per day.

CNOOC maintains appropriate insurance coverage of the operations related to the oil fields.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs