ConocoPhillips China (COPC) and CNOOC have announced the commencement of the Penglai Offshore Windfarm Pilot Project. 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. Featuring four wind turbines with a total installed capacity of 34 MW, the wind farm ties back to the existing central processing platform via subsea cables, distributing energy to the field’s power grid system. At full capacity, the wind farm will have the potential to cover over 30% of the power needed for the Penglai Oilfield’s operations. In addition to offshore wind power, the two companies are also evaluating opportunities in power from shore, as well as carbon capture and storage (CCS) and carbon capture, utilization, and storage (CCUS).
