CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. The project, with an average water depth of about 110 meters, is expected to achieve a peak production of ...
The fourth floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter of 2025, said John Hess, CEO of US oil producer Hess Corporation, dur ...
ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 ...
China's CNOOC has signed an Exploration, Development & Production Contract (EDPC) with Iraq's state-run Midland Oil Company to explore for oil and gas at the Block 7 field in the Middle East nation.
Chinese offshore oil and gas giant CNOOC Ltd announced a 9% increase in its third-quarter net income compared to the previous year, as higher oil and gas output offset lower realized oil prices.
CNOOC has commenced production at its Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project located in eastern South China Sea, ahead of schedule.The project, with an average water depth of about 98 meters, ...
CNOOC commenced production at Bozhong 19-2 Oilfield Development Project with an estimated peak production of approximately 18,000 barrels of heavy crude oil per day. Located in central Bohai Bay, the project has a ...
CNOOC has achieved a high yield well in Beibu Gulf producing over 1,000 cubic meters of oil equivalent per day. the first well of such productivity in Wushi Sag.
CNOOC has commenced production of Wushi 23-5 Oilfields Development Project, the first green design oilfield located in the Beibu Gulf of the South China Sea
CNOOC has commenced production at Enping 21-4 Oilfield Development Project located in eastern South China Sea, with expected peak production of approximately 5,300 barrels of oil equivalent per day in 2025.
