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Eurasia
03/05/2024 14:23
The deepest of its kind in China, the Shenhai Yihao ultra-deepwater gas field began operation on June 25, 2021.
According to the China National Offshore Oil Corporation (CNOOC), its operator, the construction of the phase II project of Deep Sea No. 1, which aims to upgrade the gas field, is underway. Upon completion, it will control 23 deep-water gas wells and two sets of underwater production systems.
Deep Sea No.1, located 150 km from the city of Sanya in south China's island province of Hainan, is able to operate at a maximum depth of over 1,500 meters in the sea.
China is at the forefront of agricultural innovations. By integrating new technologies, the country significantly improves productivity, reduces costs, and enhances the sustainability of agriculture.
The COVID-19 pandemic shook the global economy to its core, exposing the vulnerabilities of international trade. Although the United Arab Emirates was well aware of its export-dependent economy, it was a wake-up call to realize that another economic disruption could have devastating consequences.