China National Offshore Oil Company (cnooc) Sets Its Sights On Sustainable Operational Excellence

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30th November 2009, 11:38pm - Views: 699






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MEDIA RELEASE PR37216


China National Offshore Oil Company (CNOOC) Sets its Sights on Sustainable Operational

Excellence


HUIZHOU, Nov. 30 /PRNewswire-Asia-AsiaNet/ --


Hydrocracking technology licensed through Shell Global Solutions increases plant's

product yield, reliability, and optimizes energy consumption


    Shell Global Solutions' licensed hydrocracking technology met all the performance

guarantees during the successful start up of CNOOC's new Huizhou refinery where it was

recently installed.


    The 4 MMTA (80,000BPD) hydrocracker in Guangzhou Province is the largest capacity

hydrocraker in China, and has been designed to produce diesel and jet fuel that meets

future stringent Chinese specifications while producing hydrowax as feedstock for the

ethylene cracker in the Nanhai petrochemical complex.


    Hydrocracking has become a key process technology for transforming low-value, high-

sulphur, heavy oil fractions into valuable products. This becomes especially relevant in

an environment where rising crude prices have forced refineries to consider upgrading

distressed crudes and difficult hydrocracker feedstocks, and also where tight fuels

specifications and emissions legislation are major operational issues.


    According to Mr Dong Xiaoli, General Manager of CNOOC, "in today's market, refiners

face a range of new technical, regulatory and commercial challenges: ensuring that their

operations meet environmental standards; complying with new lower sulphur fuel

specifications; and upgrading their refinery capabilities to meet capacity and quality

targets."


    "We therefore appreciate the outstanding technology, technical support services and

design expertise from Shell Global Solutions that has enabled CNOOC to commission the

unit in the shortest amount of time," he added.


    Mr Edward Daniel, President of Shell Global Solutions Downstream said that "Shell

Global Solutions' partnership with CNOOC marks a significant milestone in its licensing

business in China and its commitment to licensed technology in the PRC."


    He commented that "the cooperation amongst the CNOOC management, operations and

project teams, the local design institute, and Shell Global Solutions formed the basis

for success of starting-up and meeting the guarantees for the largest hydrocraker unit

in China." 


    Mr Suleyman Ozman, Vice President of Refining and Chemical Licensing added "the unit

demonstrates the success of combining Shell Global Solutions' process unique design

capabilities with the industry's leading catalyst supplied by Criterion/Zeolyst, and

Shell's extended operating knowledge and experience."


    About Shell Global Solutions


    Shell Global Solutions provides business and operational consultancy, catalysts,

technical services and research and development expertise to the energy and processing

industries worldwide. Shell Global Solutions has over 4,700 staff located in an

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extensive network of offices around the world, with primary commercial and technical

centers operating in the USA, Europe and Asia Pacific.


    Notes to editor:


    Shell Global Solutions (may only abbreviated as GS) is a network of independent

technology companies in the Shell Group.  The expressions "Shell Global Solutions" and

"Shell" are sometimes used for convenience where reference is made to these companies in

general, or where no useful purpose is served by identifying a particular company. The

information contained in this material is intended to be general in nature and must not

be relied on as specific advice in connection with any decisions you may make. Shell

Global Solutions and Shell are not liable for any action you may take as a result of you

relying on such material or for any loss or damage suffered by you as a result of you

taking this action. Furthermore, these materials do not in any way constitute an offer

to provide specific services. Some services may not be available in certain countries of

political subdivisions thereof. Copyright (C) 2009 Shell Global Solutions International

BV. All rights reserved.


    Disclaimer statement: 


    This document contains forward-looking statements concerning the financial

condition, results of operations and businesses of Royal Dutch Shell. All statements

other than statements of historical fact are, or may be deemed to be, forward-looking

statements. Forward-looking statements are statements of future expectations that are

based on management's current expectations and assumptions and involve known and unknown

risks and uncertainties that could cause actual results, performance or events to differ

materially from those expressed or implied in these statements. Forward-looking

statements include, among other things, statements concerning the potential exposure of

Royal Dutch Shell to market risks and statements expressing management's expectations,

beliefs, estimates, forecasts, projections and assumptions. These forward-looking

statements are identified by their use of terms and phrases such as "anticipate",

"believe", "could", "estimate", "expect", "intend", "may", "plan", "objectives",

"outlook", "probably", "project", "will", "seek", "target", "risks", "goals", "should"

and similar terms and phrases. There are a number of factors that could affect the

future operations of Royal Dutch Shell and could cause those results to differ

materially from those expressed in the forward-looking statements included in this

Report, including (without limitation): (a) price fluctuations in crude oil and natural

gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d)

drilling and production results; (e) reserve estimates; (f) loss of market and industry

competition; (g) environmental and physical risks; (h) risks associated with the

identification of suitable potential acquisition properties and targets, and successful

negotiation and completion of such transactions; (I) the risk of doing business in

developing countries and countries subject to international sanctions; (j) legislative,

fiscal and regulatory developments including potential litigation and regulatory effects

arising from recategorisation of reserves; (k) economic and financial market conditions

in various countries and regions; (l) political risks, project delay or advancement,

approvals and cost estimates; and (m) changes in trading conditions. All forward-looking

statements contained in this presentation are expressly qualified in their entirety by

the cautionary statements contained or referred to in this section. Readers should not

place undue reliance on forward-looking statements. Each forward-looking statement

speaks only as of the date of this document. Neither Royal Dutch Shell nor any of its

subsidiaries undertake any obligation to publicly update or revise any forward-looking

statement as a result of new information, future events or other information. In light

of these risks, results could differ materially from those stated, implied or inferred

from the forward-looking statements contained in this document.


    The United States Securities and Exchange Commission (SEC) permits oil and gas

companies, in their filings with the SEC, to disclose only proved reserves that a

company has demonstrated by actual production or conclusive formation tests to be

economically and legally producible under existing economic and operating conditions. We

use certain terms in this presentation, such as "oil in place" that the SEC's guidelines

strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to

consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our


also obtain these forms from the SEC by calling 1-800-SEC-0330.

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    Contact:



     Shell Global Solutions (Malaysia) Sdn Bhd

     Soo Hoo Siew Kheng

     Tel:   +60-12-215-6138

     Email: Siew-Kheng.Soo-Hoo@shell.com


     DDBPR Sdn Bhd

     Wei-Hsiang Chong

     Tel:    +60-3-7880-5593 

     Fax:    +60-3-7880-1577

     Mobile: +60-12-221-0207

     Email:  wei@ddbpr.com.my


    SOURCE:  Shell Global Solutions


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