CNOOC Ltd. and 80883 , SSE: 600938) today announces that Dongfang 29-1 Gas Field Development Project has commenced production. The project is located in the Yinggehai Basin, with an average water depth of approximately 68 meters. The main production facilities include a new unmanned wellhead platform and a submarine pipeline. A total of 6 development wells are planned to be commissioned. The project is expected to achieve [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project has commenced production. The project is located in eastern South China Sea, with an average water depth of approximately 100 meters. The main production facilities include a new wellhead platform and an unmanned wellhead platform. 15 development wells are planned to be [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Suizhong 36-2 Oilfield 36-2 Block Development Project has commenced production. The project is located in Liaodong Bay of Bohai Sea, with an average water depth of approximately 27 meters. The main production facility is a new unmanned wellhead platform. A total of 21 development wells are planned to be commissioned, including 16 production wells and 5 [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that CNOOC Energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into the Stock Purchase Agreement with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc. The SPA involves the Company's upstream oil and gas business located in the U.S. Gulf of Mexico, mainly consisting of non-operating [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Jinzhou 23-2 Oilfield Development Project has commenced production. The project is located in the northern part of the Bohai Sea, with an average water depth of approximately 13 meters. The main production facilities include 2 new central processing platforms. A total of 67 development wells are planned to be commissioned, including 65 production wells and 2 water [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Huizhou 26-6 Oilfield Development Project has commenced production. The project is located in the Pearl River Mouth Basin, with an average water depth of approximately 110 meters. The main production facilities include a new intelligent drilling production platform, as well as the adaptively-modified "NAN HAI FEN JIN" FPSO. A total of 19 development wells are [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that Long Lake Northwest Project in Canada has commenced production safely. The project is located in Alberta, Canada. The main production facilities include a new well pad and 4 pipelines. It will be developed with steam-assisted gravity drainage operation and 8 well pairs are planned to be commissioned. The project is expected to achieve a peak production of approximately [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that Mero3 Project has commenced production safely. Mero field is located in the Santos Basin pre-salt southeastern offshore Brazil, about 180 kilometers away from Rio de Janeiro, in a water depth of between 1,800 and 2,100 meters. Mero3 Project will be developed by the traditional deep-water Pre-salt development mode, FPSO+Subsea. 15 development wells are planned to be [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces its wholly owned subsidiary, CNOOC Africa Holding Ltd., has entered into the Exploration, Development & Production Contract with Midland Oil Company for Block 7 in the Republic of Iraq. The contract was signed for Block 7, which is mainly located in Province Diwaniyah, with an area of 6,300 square kilometers. According to the terms of the contract, the first stage of the [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces its operating results for the third quarter of 2024. In the first three quarters of 2024, CNOOC Limited continued to increase its reserves and production, while effectively controlling costs and enhancing efficiency. Net production and net profit rose remarkably year over year , both hitting record highs for the same period in history. In the nine months, the Company [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project commenced production ahead of schedule. The project is located in eastern South China Sea, with an average water depth of about 98 meters. The main production facilities include a new drilling production platform, with 23 development wells planned to be commissioned. The project is expected to achieve a [...]
CNOOC Ltd. and 80883 , SSE: 600938) wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, has entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin. The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer [...]
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