{"id":"c3da2ae5-9db9-4c56-bb32-294ac4ad4218","slug":"cnooc-x-shell-cspc-petrochemical-joint-venture","name":"CNOOC x Shell (CSPC Petrochemical Joint Venture)","partnershipType":"joint_venture","status":"active","announcedDate":null,"startDate":null,"endDate":null,"summary":"CNOOC and Shell operate CSPC a 50-50 petrochemical joint venture established in 2000 in Daya Bay Huizhou China. In January 2025 CSPC took final investment decision to expand with a third ethylene cracker and specialty chemicals facility expected completion in 2028.","sources":[{"url":"https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2025/cspc-a-shell-cnooc-jv-invests-in-petrochemical-complex-expansion-in-china.html","title":"CSPC a Shell-CNOOC joint venture invests in petrochemical complex expansion in China","sourceName":"Shell"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-08-22T20:00:21.306Z","updatedAt":"2026-08-23T14:21:07.559Z","parties":[{"id":"0f17f747-f65a-4918-a636-d0b83f384b48","partnershipId":"c3da2ae5-9db9-4c56-bb32-294ac4ad4218","companyId":"8c12dc3f-f8bd-45a0-bb7f-88450b403187","externalName":null,"role":"co_developer","createdAt":"2026-08-22T20:00:21.712Z","company":{"id":"8c12dc3f-f8bd-45a0-bb7f-88450b403187","slug":"cnooc","name":"CNOOC Limited"}},{"id":"fe3fafa8-eb1a-478c-869e-3e715f880ef2","partnershipId":"c3da2ae5-9db9-4c56-bb32-294ac4ad4218","companyId":null,"externalName":"Shell","role":"co_developer","createdAt":"2026-08-22T20:00:22.096Z","company":null}]}