China National Offshore Oil Corporation (CNOOC) is committed to strengthen international technology interchange and collaboration to be more competitive in the global market, a Chinese energy industry insider said Tuesday in Houston, Texas, the United States.
Zhou Jianliang, deputy general manager of CNOOC Sci&Tech Development Dept., made the remarks at the Offshore Technology Conference (OTC) that kicked off in Houston on Monday.
Interviewed by Xinhua, Zhou said the core competitiveness of energy companies mainly depends on resources, technology and market with technology as the most important aspect.
"No matter innovation or independent R&D, all technologies need to be integrated so that we can achieve what others cannot or perform better than others," he said.
Aiming to be one of the world's top energy enterprises, CNOOC attaches great importance to international interchange and collaboration. "Through cooperation projects, we can develop oil and gas fields in China and abroad, and at the same time export our advanced technologies to the world," Zhou noted.
OTC, the world's largest annual oil and gas trade show, is held in Houston from Monday through Thursday. Chinese participants in the event include state-run leading companies as well as private enterprises from across the country.
The technological program of the four-day event includes more than 80 technical sessions, industry breakfasts and themed luncheons covering a wide range of topics.
This year's new program, Around the World Series, features global industry leaders from Australia, Canada, France, Ghana, Guyana, Israel, Mexico, Norway, and Britain to discuss new licensing and business opportunities, as well as recently introduced technologies.
Founded in 1969, OTC provides a platform for energy professionals to exchange thoughts to advance scientific and technological knowledge on offshore resources and environmental matters.
CNOOC is the largest offshore oil and gas producer in China. The five main business segments of the company are oil & gas exploration and development, engineering and technical services, refining and marketing, natural gas and power generation and financial services. The company was ranked 87th in 2018 Fortune Global 500 and 31th in Petroleum Intelligence Weekly's World's Top 50 Oil Companies.