Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has launched an "Artificial Intelligence+" initiative aimed at integrating AI technology into the entire marine energy industry chain, with a goal to develop over 10 high-quality datasets and establish more than 8 AI benchmark scenarios by 2027 [1][3] Group 1: Action Plan and Objectives - The action plan emphasizes four main areas: "Scenario Navigation," "Data Pulse," "Platform Foundation," and "Talent Introduction" to drive the integration of AI technology [1] - CNOOC aims to create over 10 high-quality marine oil and gas datasets and develop more than 3 professional-grade models by 2027 [1] Group 2: Technology and Product Launches - CNOOC introduced five products that leverage AI, big data, and industrial IoT technologies, including the integrated business management system (BMS) and the asset management system (EAM) [2] - The BMS focuses on core business indicators for exploration and development, ensuring data traceability across all business processes [2] - The EAM enhances asset management efficiency and reliability, promoting cost reduction and increased efficiency [2] - The "Xuanji Cloud" platform enables real-time monitoring and remote collaboration, achieving 100% coverage of domestic and international operations [2] - The "Tianshu Cloud" integrates six key processes in LNG resource management, facilitating data exchange and collaboration across various stakeholders [2] Group 3: Future Directions - CNOOC plans to continuously enhance its technological innovation and digital transformation capabilities, contributing to the establishment of a world-class demonstration enterprise in the marine energy sector [3]

毫无疑问，该油田投产有助于增厚中国海油的收益，对公司经营业绩产生积极贡献。 长江商报奔腾新闻记者注意到，近年来，中国海油每年资本开支超过千亿元规模，积极寻找大中型油气 田、项目接续建设，助力高效增储上产。以2024年为例，这一年，中国海油的资本开支为1327亿元，多 个重点项目提前投产，全年油气净产量达726.8百万桶油当量，同比增长7.2%。 长江商报奔腾新闻记者 杨蝶 中国海油（600938）（600938.SH、00883.HK）传出利好消息。 6月9日，中国海油宣布涠洲5-3油田开发项目已投产。据悉，该项目位于南海北部湾盆地，平均水深约 35米，主要生产设施包括1座自安装井口平台，并依托周边已有设施进行开发。计划投产开发井10口， 包括7口生产井、2口注水井和1口注气井。预计2026年将实现日产约1万桶油当量的高峰产量，油品性质 为中质原油。中国海油拥有该项目51%的权益，智慧石油投资有限公司拥有49%的权益。 整体经营业绩方面，中国海油在国际油价总体呈先涨后跌走势之下成功实现逆势增长。2024年，中国海 油实现营业收入4205亿元，同比增长0.94%；归母净利润1379亿元，同比增长11.38%。 ...

Core Insights - The collaboration between China Electric Power Group and CNOOC Guangdong Water Transport Clean Energy Co., Ltd. marks a significant milestone in Hong Kong's development as a hub for high-quality green marine fuel supply [1] - The operation involved the simultaneous loading of approximately 10,000 cubic meters of liquefied natural gas (LNG) onto the container ship Hanoi Express, representing the largest single LNG bunkering operation in Hong Kong to date [1] Group 1 - The LNG bunkering operation was completed within 24 hours during the cargo loading process, significantly reducing the turnaround time for vessels at the port and saving operational costs [1] - CNOOC Guangdong Water Transport Clean Energy Co., Ltd. aims to become a leading domestic and internationally recognized provider of clean marine energy services, having successfully completed 28 international bonded LNG bunkering operations since its establishment in 2021 [2] Group 2 - The LNG bunkering vessel, CNOOC's Ocean Oil 301, is the first domestically developed LNG transport and bunkering vessel in mainland China, with a capacity of 30,000 cubic meters of LNG and a bunkering rate of 1,650 cubic meters per hour [2]

Core Insights - Central state-owned enterprises (SOEs) are accelerating their entry into the AI sector amid a global AI wave, driven by policy support, industrial upgrades, and technological changes [1] - A dual challenge exists for these enterprises: the need for speed in AI project deployment while ensuring safety and stability in critical sectors like energy and finance [1][3] - The AI investment landscape for central SOEs has evolved from cautious exploration to strategic scaling, with significant increases in funding and project deployment [2][4] Investment Trends - Initial phase (2015-2019): Central SOEs cautiously explored AI applications, with annual investments generally below 100 million RMB [2] - Scaling phase (2020-2023): Investments surged, with leading SOEs exceeding 1 billion RMB annually, and 90% of SOEs establishing their own AI platforms [2][3] - Current phase (2024 onwards): Policies encourage SOEs to increase AI R&D investment to at least 15%, with a notable rise in AI budget allocations across various sectors [3][4] Application Landscape - Central SOEs are becoming key players in the AI market, with 931 AI model procurement projects initiated in 2024, accounting for 61.3% of the total market [3][10] - Major sectors for AI application include telecommunications, energy, finance, and government, with significant contributions from leading SOEs like China Mobile and State Grid [10][11] - The AI application landscape is shifting from isolated projects to comprehensive, multi-scenario deployments across industries [10] Market Dynamics - The digital market for central SOEs is projected to reach approximately 593.1 billion RMB in 2024, with a compound annual growth rate of 10.7% expected until 2027 [4] - The number of AI model procurement projects increased dramatically from 92 projects worth 789 million RMB in 2023 to 1,520 projects worth 6.467 billion RMB in 2024 [11] - The introduction of models like DeepSeek has accelerated AI integration, with 45% of central SOEs deploying this model within a month of its launch [12][14] Challenges and Considerations - Rapid deployment of AI technologies has led to issues such as resource wastage and inadequate assessment of actual needs, resulting in underutilized computing resources [15] - The complexity of integrating general AI models with specific business requirements poses significant challenges for central SOEs [15][16] - Data security and privacy concerns are heightened, particularly in government-related projects, necessitating careful handling of sensitive information [16]

周心怀指出，要深学细悟习近平总书记关于加强党的作风建设的重要论述，持续筑牢思想根基，准确把 握原文原理，深入领会精髓要义，真正做到内化于心、外化于行，一体推进问题查摆、整改整治，确保 学有质量、查有力度、改有成效。 周心怀要求，要强化成效和经验的具体实践应用，把成效和经验学好用好用活，坚持"当下改"和"长久 立"相结合，进一步推动学习教育走深走实。要坚持以上率下，示范带动，以更高标准更严要求带头改 进作风，以"关键少数"示范带动"绝大多数"。要坚持固本培元，激浊扬清，瞄准突出问题综合施治，让 求真务实、清正廉洁的新风正气不断充盈。要坚持心系群众，情系百姓，走好新时代党的群众路线，切 实取得让职工群众可感可及的作风建设成效。要坚持制度治党，依规治党，把制度建设贯穿作风建设全 过程，持续健全完善制度体系，推进作风建设常态化长效化。要坚持动真碰硬，久久为功，在常和长、 严和实、深和细上下功夫，坚持党性党风党纪一起抓，正风肃纪反腐相贯通。要坚持明确责任，压实责 任，推动责任主体到位、责任要求到位、考核问责到位。要将学习教育督导工作抓好抓到位，把工作重 点放到推动解决问题上，精准指导、务求实效。 中化新网讯 近日，中国 ...

以下文章来源于长线是金11 ，作者长线是金11 长线是金11 . 来源：雪球 最近 ， 发现不少大V都在追捧中海油 ， 将其视为最赚钱的核心资产之一 。 甚至还有人夸张地 说 ， 中海油是比茅台还好的生意 。 记录本人的投资心得，希望能对大家有所帮助 风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者：长线是金11 为什么会出现这种一致看好的现象呢 ？ 我个人认为可能在于三点 ： 1 、 喜欢这种大盘蓝筹股的投资者 ， 多半属于巴菲特信徒这个群体 ， 而近年来老巴旗下的伯 克希尔卖出大量股票 ， 不断积累现金头寸的同时 ， 却一直在大肆买入石油股 。 所以中巴投资者们若想在A股抄作业的话 ， 最符合条件的只有手中握有油田资源的中海油 。 （ 中石油 、 中石化皆是油田资源少 ， 以加工为主。 2 、 就是国际原油价格貌似处于低位 ， ICE布油价格从2022年的139峰值向下之后 ， 差不多已 经腰斩 ， 至今仍然65左右徘徊 。 因此 ， 很多人预期现在可以抄底原油 。 3 、 从面上看中海油似乎很便宜 ， 目前才9.23倍PE ， PB1.59倍 ， 股息率高达4. ...

点击注册小程序 2025 年以来地缘政治局势不确定性较强，我国能源安全受到较多外部挑战。" 三桶油"将继续维持高资本开 支，大力推进"增储上产"， 2025 年计划分别增长 1.6% 、 1.3% 、 5.9% 。 （ 1 ）中国石油 聚焦重点盆地重点 地区加大风险勘探力度，把天然气业务作为战略性、成长性和价值性工程大力发展， 2024 年天然气产量占油 气当量产量的 54.4% ，持续推动非常规油气勘探突破与规模建产。 （ 2 ）中国石化 将加快攻克深层超深层油 气等核心技术，实现勘探大突破、油气稳增长、盈亏平衡点持续下降，促进上游业务的可持续发展。 （ 3 ） 中国海油 在国内推动新油田上产和老油田稳产， 2025 年已有番禺 10/11 区块联合开发项目、东方 29-1 气田开 发项目、渤中 26-6 油田开发项目（一期）等多项目投产。 坚持自主创新强化科技攻关，谋求高质量发展 " 三桶油 " 加强自主创新，大力攻关石油化工领域的 " 卡脖子 " 技术，推动公司实现高质量发展。 中国石油 制定创新任务时间表，确定 2025 年至本世纪中叶的四阶段发展目标， 2024 年，中国石油取得深地钻探关键技 术、 ...

Investment Rating - The report maintains an "Accumulate" rating for the oil and petrochemical industry [6] Core Viewpoints - The geopolitical tensions combined with OPEC+'s willingness to increase production create significant uncertainty in oil prices, with Brent and WTI crude oil prices reported at $66.65 and $64.77 per barrel respectively, reflecting increases of 6.5% from the previous week [1][10] - The "Three Oil Giants" (China National Petroleum Corporation, Sinopec, and CNOOC) are focusing on increasing reserves and production to address external energy security challenges, with capital expenditures planned to grow by 1.6%, 1.3%, and 5.9% respectively in 2025 [2][11] - The companies are enhancing their technological capabilities to achieve high-quality development, with significant advancements in key technologies expected by 2024 [3][27] - A strategic shift towards energy transition is evident, with investments in renewable energy and carbon capture projects being prioritized [4][32] Summary by Sections Oil Price Dynamics - Geopolitical conflicts have led to a rebound in oil prices, with a potential increase in geopolitical risk premium, although OPEC+'s production increase may exert downward pressure on prices [1][10] Upstream Strategies - The "Three Oil Giants" are committed to high capital expenditures to boost oil and gas production, with specific growth targets for 2025 [2][11] - China National Petroleum Corporation is focusing on natural gas as a strategic growth area, aiming for natural gas to constitute 54.4% of its total production by 2024 [18] Technological Innovation - The companies are investing in technology to overcome critical challenges in the oil and petrochemical sectors, with a focus on deep drilling and unconventional resources [3][27] - Significant technological breakthroughs are anticipated in 2024, including advancements in deep drilling and catalyst applications [26][27] Energy Transition Initiatives - The "Three Oil Giants" are actively pursuing green and low-carbon transitions, with substantial investments in renewable energy projects and infrastructure [4][28] - China National Petroleum Corporation plans to establish over 10 million kilowatts of wind and solar power capacity by 2024, alongside significant hydrogen production [28][34]

Core Viewpoint - The appointment of Zhang Chuanjiang as the new chairman of CNOOC marks a significant leadership change during a critical phase of the company's "14th Five-Year" strategic plan, focusing on capital expenditure and green energy initiatives [1][2]. Group 1: Leadership Change - CNOOC announced the appointment of Zhang Chuanjiang as chairman and party secretary, following the departure of former chairman Wang Dongjin [1]. - Zhang Chuanjiang has a background in coal-to-oil and coal chemical industries, with previous roles in major energy companies, including China Shenhua [1][2]. - Notably, Zhang is the only current leader among the "Big Three" oil companies who has not spent a long tenure within the oil and gas sector [2]. Group 2: Strategic Focus - CNOOC's annual plan for 2025 includes a capital expenditure forecast of 125 to 135 billion yuan and an oil and gas production target of 760 to 780 million barrels of oil equivalent [2]. - The company aims to implement a green low-carbon strategy, emphasizing offshore renewable energy and the integration of offshore wind power with oil and gas production [2].

Group 1 - Zhang Chuanjiang has been appointed as the new Chairman and Party Secretary of China National Offshore Oil Corporation (CNOOC), marking a significant leadership change [1][2] - The previous chairman, Wang Dongjin, has stepped down from his roles, including non-executive director and chairman, following a recent announcement [1] - Zhang Chuanjiang brings 30 years of experience in the energy sector, having previously held positions in major companies such as China Energy Group and China Shenhua Coal to Liquid Company [2] Group 2 - This appointment is notable as Zhang is the first chairman of CNOOC without a background in the "Three Barrels of Oil," indicating a shift in leadership dynamics within the company [2] - Zhang's experience in carbon neutrality initiatives at China Datang Group may accelerate CNOOC's transition towards renewable energy, as the company has been actively developing offshore wind power and integrating oil and gas exploration with new energy [2]