CNOOC Limited (the “Company", NYSE: CEO, SEHK: 00883) announced that the subsea natural gas pipeline of Zhuhai Terminal, leaked in December 2011, has been restored recently. The Zhuhai Terminal has also resumed normal production.
The subsea natural gas pipeline of Zhuhai Terminal was found damaged with a leakage caused by external forces in December 2011. After a series of intensive repairs, the Company has completed the temporary restoration in mid January 2012 and soon supplied the natural gas to the customers.
As the leakage point of the pipeline was located in a place that faced with severe weather conditions which brought challenges to the routine engineering resources and operational techniques. The restoration team achieved zero failure rates through using innovative construction methods and strengthening quality control and lately completed the restoration work successfully.
Zhuhai Terminal, located in Hengqin island of Zhuhai city, is the gas processing terminal for the joint development of natural gas project of both PY30-1 gas field and HZ oil and gas field.