ConocoPhillips China, world’s largest independent E&P company, oil and gas exploration and production operations in China.
ConocoPhillips China Inc. (COPC) is a wholly-owned subsidiary of ConocoPhillips undertaking oil and gas exploration and production operations in China.
Be the leading independent oil and gas supplier to the Chinese economy, delivering value to the people of China, local communities, investors, partners and employees through the application of our SPIRIT value.
Business Ethics, Conduct & Policy.
Our SPIRIT Values – Safety, People, Integrity, Responsibility, Innovation, Teamwork
Secure and sustainable energy future of ConocoPhillips China.
ConocoPhillips has proudly supported the sustainable development of China’s energy resources for more than 30 years.
We are committed to delivering on our global commitment to economic growth, a healthy environment and vibrant communities across our operations in China.
ConocoPhillips promotes sustainable development by practicing five competencies: integration, stakeholder engagement, lifecycle management, knowledge management and innovation.
ConocoPhillips China takes action for the good of the community.
An important part of our business is the philanthropic work we undertake in our community, and education and youth programs are at the heart of it.
Our goal is to operate our businesses in a safe and environmentally friendly manner causing harm to no one, be they employees, contractors, customers, neighbors or communities.
ConocoPhillips China is ready to provide support to the communities that are badly impacted by natural disasters. We provided funds to Sichuan Wenchuan in 2008 and Qinghai Yushu in 2010 that were devastated by earthquakes.
Supporting organizations that connect citizens and families in need with basic human or social services to ensure their safety, health and well-being.
Embedded in the SPIRIT of ConocoPhillips' core values is a strong commitment to building a legacy of trust and enhancing the quality of life in the communities in which we live and operate.
ConocoPhillips is committed to supporting programs that enhance the marine environment and bring long-term benefit to China, with special focus on Bohai Bay and its communities.
BEIJING - An oil sheen was discovered on the surface of the Bohai Bay Peng Lai 19-3 Oilfield in June. The operator ConocoPhillips China Inc (COPC), a subsidiary of ConocoPhillips [NYSE: COP] immediately activated its response procedure and deployed equipment and personnel for containment and clean-up. The source of the oil spill has been effectively contained in a short time and the sheen clean-up is close to completion. There have been no injuries, No reports of the sheen migrating to the shoreline.
On July 5th, the SOA held a press conference to review actions taken by ConocoPhillips China (COPC), the operator of Peng Lai 19-3 field, and its co-venturer, CNOOC, related to oil sheens in Bohai Bay, China in June.
We are committed to working with the SOA, other relevant authorities and CNOOC, and to operating safely and responsibly. ConocoPhillips and CNOOC are reviewing the SOA’s recommendations.
At ConocoPhillips we believe that any spill of oil in the water is too much and we are committed to minimum discharge to the environment.
Below is an update on actions taken by COPC to address two separate events related to the oil sheens in Bohai Bay.
The first event, a sheen associated with a slow, intermittent seep, was discovered on June 4 near the ConocoPhillips-operated Peng Lai B Platform. This seepage has stopped. Upon observing the sheen, ConocoPhillips took prompt action, promptly reporting the incident to Chinese authorities and activating response procedures. Actions included the deployment of equipment and trained personnel to contain and clean-up the sheen. Divers examined the site and traced the seepage as coming from a natural fault in the seabed.
In the second incident, another sheen was observed on June 17 near the Peng Lai C Platform. A leak was detected from an existing well, and was repaired within 48 hours with a cementing procedure, which secured the well. There is no leak, and cleanup work continues.
This incident is not comparable to the 2010 incident in the Gulf of Mexico – as it was not a well blowout, there were no injuries, and the volumes released were dramatically lower. In addition, these events took place in shallow water (90 feet), so we were able to promptly contain and clean-up the sheens.
COPC promptly notified relevant authorities promptly after each event, together with COPC's co-venturer CNOOC Ltd., which has actively supported COPC's response.
Currently there is no oil sheen in the Bohai Bay operating area, the source of the sheen has been contained and clean-up work is close to completion. There have been no injuries. No reports of the sheen migrating to the shoreline. The clean-up work was performed under the supervision and guidance of supervisory authorities.
The cause of both incidents is currently under investigation.
ConocoPhillips is committed to protecting the health and safety of everyone who plays a role in our operations, lives in the communities in which we operate, or uses our products.
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COPC Media Hotline: (86)10 84538666 ext. 6565
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