WorldOil Aker Solutions to deliver power umbilical systems to China's Liuhua fields Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong. PetroChina is said to mull suspending U.S. LNG purchases PetroChina Co. may temporarily halt purchases of U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to people with knowledge of the strategy. U.S.-Iran sanctions give China lead in world's top gas field China National Petroleum Corp. is expected to take the lead on a $5-billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total SA, which halted operations after U.S. President Donald Trump reimposed sanctions on the Islamic Republic. Companies in the news Danos has been awarded a contract by Shell Exploration and Production Company to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico. China explorer Cnooc may reward investors, even if oil won't Chinese offshore oil giant Cnooc Ltd. may have more to offer equity investors betting on the recovery in global crude prices, even if the rally appears to be taking a bit of a breather. China’s oil futures post mysterious gains The crude futures that China launched in March seem to be dancing to an oil-market tune only they can hear. Big tankers ferry fuel to Europe as China surplus seeks home New supertankers are ferrying a rare flow of diesel from Asia to ports thousands of miles away in Europe as a surplus of the fuel from China scouts for a new home. China chasing elusive shale boom nearly a decade after hunt began China’s shale gas industry began with a long shot. EIA: China is a key destination for increasing U.S. energy exports In recent years, as its domestic energy consumption has grown, China has become a more significant destination for U.S. energy exports. In particular, China has been among the largest importers of U.S. exports of crude oil, propane, and liquefied natural gas. Companies in the news Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.