SUMMARY

The project will power the Penglai Oilfield in Bohai Bay, northeast China. [Image: ConocoPhillips China]

By Shardul Sharma

ConocoPhillips China and CNOOC have announced a plan to kick start a project that will harness wind energy to supply power to the Penglai Oilfield in Bohai Bay, northeast China, ConocoPhillips China said on November 6.

The Penglai offshore windfarm pilot project offers an “optimal solution in meeting the Penglai Oilfield’s power demand, which is expected to increase year by year as development continues”, the company said.

Featuring four wind turbines with a total installed capacity of 34 MW, the windfarm ties back to the existing central processing platform via subsea cables, distributing energy to the field’s power grid system. At full capacity, the windfarm will have the potential to cover over 30% of the power needed for the Penglai Oilfield’s operations and achieve CO2 reductions.

In addition to offshore wind power, the two companies are closely evaluating opportunities in power from shore, as well as carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS).

“If proven to be technically and economically viable, these low carbon energy solutions will help transform Penglai towards a net-zero offshore oilfield, in line with China’s energy, sustainable development and carbon neutrality goals,” ConocoPhillips China said.