CNOOC China Deepwater 1 gas field: Supplying natural gas to power homes and industry in southern China
ad-hoc-news.deCNOOC's China Deepwater 1 gas field in the South China Sea is producing up to 3 billion cubic meters of natural gas per year for southern China. The gas feeds into regional pipelines that supply power plants, homes, and industrial users in Guangdong and Hainan, helping displace coal for electricity and heating. The project is China's first self-operated ultra-deepwater gas field, using a semi-submersible platform in 1,500 meters of water. The project supports energy security by reducing reliance on imported LNG and helps meet climate targets by providing a lower-carbon fuel for densely populated coastal provinces. CNOOC positions the field as part of its broader strategy to grow natural gas output while developing offshore wind and carbon capture projects. For investors, the field demonstrates CNOOC's deepwater engineering capability and its role in China's energy transition.
