Core Points - China National Offshore Oil Corporation (CNOOC) has successfully delivered 24 sets of 2000-meter deep international suction anchors for the Mero Phase II project in Brazil, marking a significant achievement in deepwater engineering [2] - The suction anchors, which utilize negative pressure to secure marine facilities, are essential for deep-sea energy development and are recognized for their high efficiency, reusability, and load-bearing capacity [2] - The project represents the largest application depth for suction anchors constructed domestically, with a total structural weight of approximately 2674 tons [2] Technical Innovations - The Mero Phase II suction anchors feature a maximum construction height of 21 meters, a diameter of 8 meters, and a wall thickness of only 25 millimeters, presenting substantial construction challenges [3] - The project team pioneered several construction techniques, including horizontal extension and vertical assembly, and employed advanced technologies such as 3D scanning and finite element simulation to address technical difficulties [3] - The quality assurance rate exceeded 99.9%, with dimensional deviations maintained within 1 millimeter per meter, achieving an industry-leading standard [3] Industry Contributions - CNOOC has been enhancing its core technologies in deepwater oil and gas equipment, successfully constructing several significant platforms, including the world's first 100,000-ton semi-submersible production and storage platform [3] - The company has also delivered multiple large-scale floating production storage and offloading units (FPSOs) internationally, contributing to the global deepwater oil and gas equipment market and promoting high-level cooperation in marine energy [3]

Core Viewpoint - Zhongtian Technology (600522.SH) announced that its wholly-owned subsidiary, Zhongtian Technology Submarine Cable Co., Ltd., has won multiple bids for marine energy projects, totaling approximately 1.722 billion yuan [1] Group 1: Project Details - The company received bid notifications for several marine energy projects, including the 500kV submarine cable supply and installation for the Shenergy Shantou Honghaiwan offshore wind power project and the submarine cable procurement for the Ningde Xiapu offshore wind farm B area project [1] - Internationally, the company secured contracts for oil and gas projects in Saudi Arabia, Qatar, and the UAE, as well as a high-voltage power interconnection project in Brazil and an offshore wind project in Vietnam [1] Group 2: Financial Impact - The total value of the awarded projects is approximately 1.722 billion yuan, which is expected to enhance the company's brand value in the global marine energy sector and positively impact its operating performance in subsequent years [1]

Core Insights - Zhongtian Technology (600522) announced that its wholly-owned subsidiary, Zhongtian Technology Submarine Cable Co., Ltd., has received multiple bid notifications or pre-bid announcements for various marine energy projects, both domestically and internationally [1] Project Details - The company won the bid for the supply and laying of 500kV submarine cables for the Sheneng Shantou Honghaiwan No. 6 offshore wind power project [1] - The company also secured the bid for 220kV and 35kV fiber composite submarine cables and accessories, as well as power cables and accessories for the Ningde Xiapu offshore wind farm B zone project [1] - In the international market, Zhongtian Technology Submarine Cable has continuously won bids for oil and gas projects in Saudi Arabia, Qatar, and the UAE, as well as high-voltage power interconnection projects in Brazil and offshore wind power projects in Vietnam [1] Financial Impact - The total value of these projects amounts to approximately 1.722 billion yuan, which accounts for 3.58% of the company's audited operating income for the fiscal year 2024 [1]

气田自投产以来，长期保持高产稳产运行状态，连续三年天然气产量处于30亿立方米以上，累计生 产天然气超100亿立方米，生产凝析油超100万立方米。 2024年，随着二期项目的加入，以及海上平台生产工艺流程的进一步优化，"深海一号"气田的整体 产量持续攀升，其华南地区"由海向陆"保供主力气田的地位进一步巩固，为沿海经济发达地区的基本能 源供给的能力不断增强。同年，"深海一号"相关成果获评国家科技进步奖一等奖，成为该年度海洋工程 领域唯一的国家科技进步奖一等奖。 值得关注的是，"深海一号"等海上油气项目的建成，有力拉动了海南海洋能源开发基础设施的更新 和完善。除了里程更长、管输量更大的海底管网在海南周边海域成功铺就，三亚、澄迈等地的油气处理 终端、物流码头的建设规模也随着油气勘探开发挺进深海的脚步不断"生长"，物资吞吐数量和种类、应 急保障物资和人员、相关设备设施的数字化和智能化程度，都有了显著提升。这为接下来从海南出发， 深度开发更深更远的"海上万亿大气区"打下了坚实的基础。 海南日报讯(海南日报全媒体记者 邵长春 通讯员 吴盛龙)近日，海南日报全媒体记者从中国海油 获悉，"十四五"期间，海南在海洋油气资源勘探开 ...

国家海洋综合试验场（珠海）首批海洋试验启动仪式。珠海市海洋发展局供图 中国自主研发的第一台兆瓦级漂浮式波浪能装置"南鲲号"。珠海市海洋发展局供图 4月24日，大湾区海洋能源创新联合体（以下简称海洋能源联合体）揭牌仪式在2025珠海国际海洋智能科技展览会主会场举行，海洋能源联合体16家成 员单位共同见证。《大湾区海洋能源创新联合体珠海宣言》同期发布。 4月25日，北京理工大学（珠海）等单位围绕"智慧海洋、创新驱动——共筑粤港澳大湾区海上新能源未来"这一议题举办了粤港澳大湾区海洋新能源专 题论坛。中国科学院广州能源研究所海上能源研究中心主任盛松伟作《规模化开发海洋能路径思考》主旨演讲。 明确使命 共绘海洋能源发展蓝图 海洋能源联合体由珠海市海洋发展局牵头，珠海市发展和改革局等相关单位指导，整合高校院所、知名能源企业等专业资源，凝聚大湾区海洋能源力 量，采用"1+N"协同模式（即1个组长单位，N家单位协同），围绕国家海洋发展战略，以国家海洋综合试验场（珠海）为载体，对标欧洲海洋能源中心，谋 划打造国家级标志性海洋新能源产业创新平台，打造海洋能源科技创新高地。 蓝海禀赋 筑牢海洋能源根基 海洋新能源作为推动能源绿色转 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company [3] Core Views - The company reported a significant increase in revenue and profit for 2024, with total revenue reaching 599.84 billion yuan, a year-on-year increase of 25.96%, and net profit attributable to shareholders of 27.69 billion yuan, up 28.57% [1][2] - The company is experiencing rapid growth in its marine segment, with substantial orders in hand, including approximately 180 billion yuan in energy interconnection projects and 80 billion yuan in marine communication business [6] - The company is focusing on global expansion, achieving 113.21 billion yuan in overseas revenue, a 36.75% increase year-on-year, and enhancing its production capacity in various international locations [6] Financial Data and Valuation - For 2024, the company expects total revenue of 66.81 billion yuan, with a year-on-year growth of 11%, and net profit of 33.30 billion yuan, reflecting a growth rate of 20% [2][6] - The company's earnings per share (EPS) is projected to increase from 1.12 yuan in 2024 to 1.35 yuan in 2025, with a corresponding price-to-earnings (PE) ratio decreasing from 13.6 to 11.3 [2][13] - The company maintains a healthy financial position with a debt-to-asset ratio of 53.0% and a return on equity (ROE) of 9.6% [3][13]