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LocationCNOOC What We Do Technical Services CNOOC Energy Technology & Services Limited

Technical Services

China Oilfield Services Limited

Offshore Oil Engineering Co., Ltd

CNOOC Energy Technology & Services L imited

CNOOC Energy Technology & ServicesLimited

CNOOC Energy Technology & ServicesLimited(CNOOC EnerTech) was founded onJune 20, 2008 with a registered capital ofRMB 6 billion. The company (formerlyCNOOC Oil Base Group Limited) consists of11 specialized branch companies. Itsfoundation marked the entrance of CNOOCinto a new stage of establishing an overallmodern enterprise system.

In 2012, the company continued toimplement the Internal Entrepreneurship

Plan, highlight the specialization and differentiation among professions, speed up industrialdevelopment, enhance driving forces for endogenous growth, and optimize the business mode of"technology + service + products". The industrial system composed by energy technology services,

integrated energy services, FPSO and shipping, and fine chemical industry, showed vitality. The reformin mining area achieved greatly with regard to transferring social service from the company to l ocalgovernment and maintained local stability and harmony. The company made significant progress invalue-adding from developing differentiated services, stabilizing services prices and obtaining synergyfor economic growth.

The scale and the managerial quality of our FPSO operation came out top in the world. The technicalservice capacity reached the international advanced level and we developed the overall solution forpolymer injection. We broke the monopoly by foreign producers as independently developed the sandcontrol technology for well drilling and completion, the 9 -5/8 sand control tools and the series of color-based coating technology of high performance. We successfully applied the core technology of oilfieldequipment maintenance, such as oilfield equipment on-line monitoring, in oilfield production. We alsodeveloped the deepwater pipeline coating technology for the operation 1500-metre depth underwater,the leading technology in the domestic market with the capability of providing deepwater pipelineintegrated services like deepwater counterweight, dry/wet insulation, anticorrosion, joint positioncoating, etc. All these technological achievements strongly supported the deepwater strategy of thecompany. In addition, the LNG cold energy utilization showed scale effect and the establishment ofCold Energy Utilization Institute helped us to further develop the potential of the LNG industry.

The company took emerging industries as an important source of economic growth. Services forsecurity technology, energy saving and environmental protection and unconventional gas drillingtechnology saw a momentum of development. The company owned shares for six la rge LNG vessels,but also started the design and building of small and medium LNG vessel and harbour tug. A complete

industrial chain of LNG transport was formed.

The company pushed forward key projects steadily. The phase I of Huizhou Logistics Base constructionproject was successfully completed and brought into practice. The largest single series device of acrylicacid and acrylates was put into operation and created the shortest record of succeeding in the firstmaterial input experiment for the similar device. TCDTO-1, CNOOC's first independently researchedand developed high-efficiency catalyst for the refining of aromatic hydrocarbons demonstrated

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