CNOOC, COSCO team up to exploit energy resources

时间：2007-09-24 06:05:08

（单词翻译:单击）

Beijing, Sep.23 - China National Offshore1 Oil Company Limited (CNOOC), the country's largest offshore oil and gas producer, has signed an agreement on exploiting energy resources with China Ocean Shipping2 (Group) Company (COSCO Group), China's largest shipping group.

 

The two sides have agreed to jointly3 exploit energy resources including liquid natural gas (LNG) by transferring CNOOC shares to COSCO Group or co-funding, CNOOC, the country's third-biggest oil company has said in an announcement on its website.

 

The two companies will also cooperate on shipbuilding, according to the announcement.

 

CNOOC and COSCO have been cooperating on transportation of crude oil, oil products, LNG, natural gas pipes and other facilities.

 

"We are complementary to COSCO in business and prospects4 for mutual5 cooperation are promising," said Fu Chengyu, chairman and chief executive officer of CNOOC.

 

CNOOC has reported first half net profits down by 10.6 percent from the same period last year to 14.55 billion yuan.

 

COSCO Group is China's largest ship repair and marine6 engineering and shipping group and one of the top shipping conglomerates7 in the world.

 
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1 offshore FIux8     
adj.海面的，吹向海面的；adv.向海面
参考例句：
  • A big program of oil exploration has begun offshore.一个大规模的石油勘探计划正在近海展开。
  • A gentle current carried them slowly offshore.和缓的潮流慢慢地把他们带离了海岸。
2 shipping WESyg     
n.船运（发货，运输，乘船）
参考例句：
  • We struck a bargain with an American shipping firm.我们和一家美国船运公司谈成了一笔生意。
  • There's a shipping charge of ￡5 added to the price.价格之外另加五英镑运输费。
3 jointly jp9zvS     
ad.联合地，共同地
参考例句：
  • Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
  • She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
4 prospects fkVzpY     
n.希望，前途(恒为复数)
参考例句：
  • There is a mood of pessimism in the company about future job prospects. 公司中有一种对工作前景悲观的情绪。
  • They are less sanguine about the company's long-term prospects. 他们对公司的远景不那么乐观。
5 mutual eFOxC     
adj.相互的，彼此的；共同的，共有的
参考例句：
  • We must pull together for mutual interest.我们必须为相互的利益而通力合作。
  • Mutual interests tied us together.相互的利害关系把我们联系在一起。
6 marine 77Izo     
adj.海的；海生的；航海的；海事的；n.水兵
参考例句：
  • Marine creatures are those which live in the sea. 海洋生物是生存在海里的生物。
  • When the war broke out,he volunteered for the Marine Corps.战争爆发时，他自愿参加了海军陆战队。
7 conglomerates fc454a44bef83f13306fc280a858ea84     
n.（多种经营的）联合大企业( conglomerate的名词复数 )；砾岩；合成物；组合物
参考例句：
  • At the surface, radioactivity of the conglomerates is locally as high as 30 X background. 在地表，砾岩的局部地段的放射性高达30倍本底值。 来自辞典例句
  • The conglomerates failed to understand that books could not be sold like soap. 这些联合大企业不懂卖书不象卖肥皂那样。 来自辞典例句

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