Presented by Scottish Enterprise.
While COVID-19 is impacting capital expenditure globally and oil prices are at their lowest on record, China National Offshore Oil Coporation (CNOOC) is still projected to spend around $13 billion in 2020.
CNOOC will bring up to eight new projects on stream in the South China Sea and Bohai Bay, build a new $50 million National Offshore Emergency Rescue Base in Tianjin, and invest 3-5% of its capital expenditure in offshore wind. This will make the Chinese state-owned operator one of the offshore industry’s highest spenders this year.
This webinar, led by Scottish Development International’s China energy specialists and Novellant, a leading CNOOC procurement agent, will introduce these projects.
Join to hear how Scotland’s offshore supply chain companies can best capture the CNOOC opportunity.