ConocoPhillips China Starts Penglai Offshore Windfarm Pilot Project

ConocoPhillips China Inc. (COPC) and CNOOC Limited officially announced the commencement of the Penglai Offshore Windfarm Pilot Project at the fifth China International Import Expo (CIIE) in Shanghai. As a joint low carbon energy development effort, the project will harness wind energy to supply power to the Penglai Oilfield, China’s largest offshore oil and gas production base under Production Sharing Contract, located in Bohai Bay, Northeast China.

This morning, a signing ceremony was held at ConocoPhillips’ booth at CIIE for the Penglai Offshore Windfarm Pilot Project, a joint investment between the two companies. Wang Dongjin, Chairman of China National Offshore Oil Corporation (CNOOC), Bill Arnold, President of COPC, Sun Xiansheng, Vice President of China Council for International Investment Promotion, Zhou Liwei, Vice President of CNOOC, Yang Yun, Executive Vice President of CNOOC Limited, Yan Hongtao, Vice President of CNOOC Limited and General Manager of CNOOC China Limited Tianjin Branch (CCLT), Zhang Chunsheng, Deputy General Manager of CCLT, Ma Zhaofeng, General Manager of Pengbo Operating Company, Zhao Dexi, Joint Management Committee Chief Representative, and representatives of CNOOC Renewable Energy Co., Ltd. and COPC attended the signing ceremony.

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