Earlier this month CNOOC Ltd. announced the start-up of the Panyu 11-12/10-1/10-2 project. It expects the project to achieve around 13,600 barrels of oil equivalent per day (boed) in peak production ...

The Dongfang 29-1 is expected to achieve peak production of 38 million cubic feet of natural gas per day this year.

CNOOC set a target of raising its net production to over two million barrels of oil equivalent a day in 2025 while keeping ...

In the longer term, CNOOC intends to transform itself into a low-carbon company and the firm plans to invest an additional 5% to 10% of its annual capital expenditure in the new energy sector, such as ...

Both are in the South China Sea. “The commissioning of Dongfang 29-1 will further release the production capacity of the Dongfang gas fields”, CNOOC Ltd., majority-owned by China National ...

CNOOC Ltd targeting 8.3% production increase, with key investments in domestic fields, as well as major international ...

CNOOC Limited has brought three Panyu oilfields online in the South China Sea, marking a significant step in its strategic development. The project integrates the Panyu 11-12, 10-1, and 10-2 ...

CNOOC Ltd. started production at the Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project in the eastern South China Sea at an average water depth of ...

CNOOC Limited has announced the commencement ... The project is located in the eastern South China Sea, with an average water depth of approximately 100 meters. The main production facilities ...

CNOOC has been involved in offshore drilling in the disputed waters South China Sea, where Beijing has overlapping territorial claims with other countries including Vietnam, the Philippines ...