CNOOC Ltd.

CNOOC Ltd.  announced today that Caofeidian 11-1/11-6 oilfield comprehensive adjustment project has commenced production. Caofeidian 11-1/11-6 oilfield comprehensive adjustment project is located in Bohai with average water depth of 20 to 25 meters. The project has built two central processing platforms in addition to fully utilizing the existing facilities in Caofeidian oilfield, which including six wellhead platforms [...]

CNOOC Ltd. today announced Mr. Xu Keqiang, an existing Executive Director and President of the Company, has been appointed as the Chief Executive Officer of the Company with effect from 19 November 2019. The Board would like to take this opportunity to offer Mr. Xu its sincere congratulations on his appointment as the Chief Executive Officer of the Company. Xu Keqiang Born in 1971, Mr. Xu is a professor-level senior [...]

 CNOOC Ltd. today announced Mr. Wang Dongjin, an existing Non-executive Director of the Company, has been appointed as Chairman and Chairman of the Nomination Committee of the Company with effect from 18 November 2019. Mr. Wang no longer serves as Vice Chairman of the Board with effect from 18 November 2019. The Board would like to take this opportunity to offer Mr. Wang its sincere congratulations on his appointment as [...]

CNOOC Ltd. today announced its key operational statistics for the third quarter of 2019. The Company achieved a total net production of 124.8 million barrels of oil equivalent for the third quarter of 2019, representing an increase of 9.7% year over year . Production from offshore China increased 8.9% YoY to 80.2 million BOE, mainly attributable to production growth from the commencement of new projects. Overseas [...]

HONG KONG, Sept. 25, 2019 /CNW/ -- CNOOC Ltd. announced on September 25, 2019 the pricing of an offering of US$1,500,000,000 aggregate principal amount of guaranteed notes. The offering consists of US$1,000,000,000 of 2.875% guaranteed notes due 2029 and US$500,000,000 of 3.300% guaranteed notes due 2049 . The 2029 Notes and 2049 Notes  will be issued by CNOOC Finance Limited, a direct wholly-owned subsidiary of the [...]

CNOOC Ltd. today announced its 2019 interim results for the six months ended June 30, 2019. CNOOC Ltd. devoted efforts in exploration and development activities during the first half of 2019 through a pragmatic and enterprising approach, and successfully increased oil and gas reserves and production levels. The Company's amount of exploration and development activities reached a record high with improving key financial [...]

HONG KONG, July 10, 2019 /CNW/ -- CNOOC Ltd. announced today that CNOOC China Limited, its subsidiary, has signed a Cooperation Framework Agreement with China Petroleum & Chemical Corporation regarding the sea areas of Bohai, Beibu Gulf and South Yellow Sea, as well as North Jiangsu Basin. The Cooperation Framework Agreement will be implemented in three years through joint study, joint exploration and facility sharing in [...]

HONG KONG, June 7, 2019 /CNW/ -- CNOOC Ltd. announced today that the Company and CEPR Limited, a wholly-owned subsidiary of the Company, entered into a Share Purchase Agreement with Joint Stock Company Novatek and Ekropromstroy Limited Liability Company, a wholly-owned subsidiary of JSC Novatek, pursuant to which, CEPR shall acquire 10% equity interest in Arctic LNG 2 LLC held by Ekropromstroy . Pursuant to the Share [...]

CNOOC Ltd. announced today that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. Appomattox Field is located approximately 128 kilometers southeast of Louisiana in the deep-water Gulf of Mexico, with water depth of approximately 2,255 meters. Appomattox is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation and has [...]

CNOOC Ltd. announced today that the Company has signed a Heads of Agreement with JSC Novatek, a Russian gas producer, for the acquisition of 10% interest of the Arctic LNG 2 project. The Arctic LNG 2 Project is located on the Gydan Peninsula, Russia and the second large onshore conventional natural gas project led by JSC Novatek, which contains the development and production of Utrenneye gas field and the construction and [...]