US oil company ConocoPhillips and Chinese company CNOOC recently announced the Penglai offshore wind farm pilot project, aimed at harnessing wind energy to supply the Penglai oil field. It is China’s largest offshore oil and gas production base under production sharing contract, located in Bohai Bay, northeast China.
Bill Arnold, President of ConocoPhillips China, said, “This pilot project represents a first-of-its-kind integration of offshore wind power harnessed solely for offshore oil and gas facilities in China. We believe it will become a benchmark for future low carbon offshore oilfield developments.
Twenty years after Penglai obtained its first oil, the oil field is still in various stages of development as both companies expect a long production life. The newly launched wind farm project offers an optimal solution to meet the Penglai oilfield’s electricity demand, which is expected to increase year on year as development continues, ConocoPhillips said.
With four wind turbines with a total installed capacity of 34MWthe wind farm is connected to the existing central processing platform via undersea cables, distributing energy to the field’s electrical grid system.
At full capacity, the wind farm will have the potential to cover more than 30% of the energy needed for Penglai oilfield operations and achieve tens of thousands of tonnes of annual CO2 reductions, ConocoPhillips said.
“CNOOC Limited and ConocoPhillips have maintained a successful partnership over the past 40 years in the upstream oil and gas industry. With a shared commitment to sustainable development, we are excited to open this new chapter in our relationship and expand our scope of collaboration to encompass low-carbon energy development,” said Yang Yun.
In addition to offshore wind energy, ConocoPhillips said the two companies are closely evaluating onshore energy opportunities, as well as carbon capture and storage (CCS) and carbon capture, use and storage. carbon (CCUS). If proven technically and economically viable, these low-carbon energy solutions will help turn Penglai into a net-zero offshore oilfield, in line with China’s energy, sustainable development and carbon neutrality goals. the company said.