ClosedMedium impactHuman Verified

CNOOC Deep Sea No. 1 Offshore Gas Field Fire Causes Extended Outage

Occurred 22 May 2026·Detected 23 May 2026·
🇨🇳 Deep Sea No. 1 (Lingshui 17-2) offshore gas field, South China Sea, approximately 150km southeast of Sanya, Hainan Province, China2 reportsEnded 18 Jun 2026
Energy & InfrastructureEnergy

A fire at CNOOC's Deep Sea No. 1 (Lingshui 17-2) offshore gas field in the South China Sea has triggered a production halt, with trade media reporting a potential outage of up to six months. Chinese buyers have restarted spot LNG procurement in response, though facility-level damage details, insured loss estimates, and business interruption quantification remain unconfirmed beyond trade-press sourcing.

AI-generated from linked source reports. See our correction policy.

Impact verdict

Medium impact. MEDIUM: Two independent Energy Intelligence trade-media items establish a credible production halt at a major CNOOC offshore gas field and a measurable LNG demand response from Chinese buyers. The reported six-month outage duration, facility-level damage details, and any insured loss or business interruption quantification remain unconfirmed beyond trade-press sourcing. The event is developing and contingent on authoritative confirmation of operational impact, loss estimates, and insurance/reinsurance positioning.

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Affected countries

🇨🇳 China

Lloyd's classifications

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