Killajoules

Chevron Acquires New Offshore China Acreage
Chevron Corporation (NYSE: CVX) announced today that its China subsidiary has entered into production sharing contracts (PSC) with China National Offshore Oil Corporation (CNOOC) for two exploration blocks in the South China Sea’s Pearl River Mouth Basin.

CNOOC - Two New Projects Started Production Successfully
CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883) today announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production.

BP to Sell Yacheng Gas Field in China to KUFPEC
BP today announced that it has agreed the sale of its 34.3 per cent interest in the Yacheng gas field in the South China Sea to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $308 million cash. Subject to regulatory, CNOOC and third party approvals, BP expects the deal to close in the second half of 2013.

Hothot FCC Unit Commissioned
The Hohhot Petrochemical Refinery Expansion Project has been completed with the commissioning of the Fluidised Catalytic Cracking Unit. The 2.8 Million ton per annum unit was successfully put into operation on the 28th of October.

NO. 3 storage tank of Dalian LNG terminal becomes operational
On October 20, the NO. 3 storage tank of Dalian LNG terminal was successfully put into operation at the first try, marking the overall completion and operation of the first phase of Dalian LNG project.

Technip and COOEC awarded substantial subsea contract in China
Technip, in a consortium with Offshore Oil Engineering Co. Ltd (COOEC), was awarded by China National Offshore Oil Corporation (CNOOC) Deepwater Development Limited an engineering, procurement, installation and construction services contract. This contract, worth approximately €200 million (Technip share: around €110 million), is for the South China Sea deepwater gas development project in the Panyu 34-1/35-1/35-2 Gas Field, located about 150 kilometers South of Hong Kong.

Qatargas delivers commissioning cargo to Zhejiang LNG Terminal in the People’s Republic of China
On 19 September, Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Oil Corporation’s (CNOOC) Zhejiang LNG Terminal. The cargo delivered by Qatargas’ Q-Max LNG vessel ZARGA will be used to commission the newly constructed LNG terminal. The arrival also marks the first Q-Max LNG Vessel, the largest class of LNG carriers in the world, to one of CNOOC’s owned and operated terminals in the People’s Republic of China.

CNPC's LNG project in Ansai goes on stream successfully
On August 19, CNPC's LNG project in Ansai County of Shaanxi Province produced qualified LNG in one trial. The successful industrial application of the double mixed refrigerant (DMR) process independently developed by CNPC's China Huanqiu Contracting & Engineering Corporation (HQCEC) is the first of its kind regarding large scale gas liquefaction in China. CNPC Chairman Jiang Jiemin sent a letter of congratulation to extend his gratitude for the dedication and contribution of the project team.

RH Petrogas receives approval of Overall Development Plan from CNPC for development of its Yongping field, Fuyu 1 Block, Chin
Mainboard-listed RH Petrogas Limited (“RHP” or the “Group”), engaged mainly in the business of exploration, development and production of oil and gas resources, wishes to announce that Kingworld Resources Limited (“KRL”), a wholly owned subsidiary of the Group, has received approval from China National Petroleum Corporation (“CNPC”) for the revised Overall Development Plan (“ODP”) with regards to the phased development of the Yongping Field in the Fuyu 1 Block in the Songliao Basin, Jilin Province, the People’s Republic of China.

CNOOC Limited Announces Two New Exploration Discoveries
CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883) announced today that the Company made two new exploration discoveries in Luda 6-2 and Lufeng 15-1.