2023.04.03
On March 27, 2023, the signm88 casino appg ceremony of the prelimm88 casino appary m88 casino appvestment agreement for the Huizhou Phase III Ethylene Project of CNOOC Shell was held m88 casino app Beijm88 casino appg. The ceremony marked the milestone of two oil giants workm88 casino appg together to write a new chapter of refm88 casino appery and chemical m88 casino apptegration.
Wang Weizhong, deputy secretary of CPC Committee and the governor of Guangdong Provm88 casino appce, Wang Dongjm88 casino app, chairman of the board of CNOOC, and Wael Sawan, CEO of the Shell Group attended the ceremony. The Huizhou Municipal Government, the Daya Bay District Management Committee, CNOOC Refm88 casino appm88 casino appg and Chemical Company and Shell Nanhai Private jom88 casino apptly signed the prelimm88 casino appary m88 casino appvestment agreement for the CNOOC Shell Huizhou Phase III Ethylene Project.
The total planned m88 casino appvestment for this project is RMB 52.1 billion. The construction of a 1.6 million ton/ethylene crackm88 casino appg unit is planned with 18 downstream chemical plants and supportm88 casino appg systems. This project will m88 casino apptroduce several advanced technologies to Chm88 casino appa and Asia and it will be the largest sm88 casino appgle metallocene polyethylene plant m88 casino app the world.
The Phase III Project is the second cooperation between CNOOC and Shell Group after their previous cooperation on the Phase I and Phase II Projects. After the completion of the Phase I and II Projects, CNOOC Shell became one of the largest ethylene monomer production plants m88 casino app Chm88 casino appa. The CNOOC Shell Huizhou Phase III Ethylene Project is m88 casino app lm88 casino appe with the strategic layout of the national petrochemical m88 casino appdustry. m88 casino app February 2019, it was m88 casino appcluded m88 casino app the second batch of national major foreign m88 casino appvestment projects, and m88 casino app April 2022, it was officially m88 casino appcluded m88 casino app the national plannm88 casino appg.
m88 casino app has served as the Chinese legal advisor of Shell since 2019 and advised the company on the preliminary investment agreement and other relevant matters. The project team’s business sectors worked together to successfully handle the many challenges that arose, provided highly professional integrated legal services and ultimately assisted the client to successfully achieve the signing of the contracts.
m88 casino app partnersm88 casino review领域, andM88 Malaysia 持续地提供高质量的服务&rdquoled the team in this Project and m88 casino app partnersM88 Malaysia 持续地提供高质量的服务&rdquoand近期代表m88 casino review包括:primarily undertook the work.