Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has successfully implemented the country's first offshore carbon dioxide (CO2) storage demonstration project, marking a significant advancement in offshore CO2 storage technology and capabilities [1][2] Group 1: Project Achievements - The Enping 15-1 oil field CO2 storage project has cumulatively stored over 100 million cubic meters of CO2, equivalent to the carbon offset of planting 2.2 million trees [1] - The project has been operational for four years, achieving an annual CO2 storage capacity of over 100,000 tons [1] - The first offshore carbon capture, utilization, and storage (CCUS) project was launched in May, enhancing the full-chain capabilities of offshore CCUS technology and equipment [1] Group 2: Future Plans - CNOOC plans to inject over 1 million tons of CO2 into the Enping 15-1 oil field over the next decade, which is expected to drive an increase in oil production by 200,000 tons [1] - The company has initiated China's first million-ton-level carbon capture and storage cluster project in Huizhou, Guangdong, aimed at capturing CO2 emissions from various enterprises in the Daya Bay area [2] - CNOOC intends to establish a northern CO2 enhanced oil recovery center centered around the Bozhong 19-6 gas field and a southern CO2 enhanced gas recovery center leveraging the vast gas reserves in the South China Sea [2]