CNOOC Ltd. and 80883 , SSE: 600938) announces today that Mr. Zhang Chuanjiang has been appointed as Chairman of the Board, a Non-executive Director, Chairman of the Nomination Committee and Chairman of the Strategy and Sustainability Committee of the Company. The Board would like to take this opportunity to offer its sincere congratulation to Mr. Zhang. Zhang Chuanjiang Born in 1968, Mr. Zhang is a professor-level senior [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces its wholly owned subsidiary, CNOOC Hong Kong Holding Limited, has entered into the Contract for Exploration and Production of Hydrocarbons on the Zhylyoi Subsoil Area with Ministry of Energy of the Republic of Kazakhstan and Joint Stock Company National Company KazMunayGas . The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Weizhou 5-3 Oilfield Development Project has commenced production. The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 35 meters. The main production facility includes 1 self-installing wellhead platform, which leverages the adjacent existing facilities for development. 10 development wells are planned [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that Mero4 Project has commenced production safely at May 24 Brazil time. 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. Mero4 Project will be developed by the traditional deep-water Pre-salt development mode, FPSO+Subsea. 12 development wells [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announced its operating results for the first quarter of 2025. In the first quarter, net production grew steadily, while its cost advantage continued to consolidate, demonstrating profitability resilience faced with oil price changes. During the period, CNOOC Limited achieved a net production of 188.8 million barrels of oil equivalent , an increase of 4.8% year-on-year . The net [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has commenced production. The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 120 meters. The main production facility is a new drilling and production platform, which leverages the adjacent existing facilities for development. 25 development wells are planned to be [...]
CNOOC Ltd. and 80883 , SSE: 600938) released its 2024 Environmental, Social and Governance Report in Hong Kong today. Adhere to efficient governance and solidify the foundation for sustainable development Adhere to green development and actively cultivate new quality productive forces Adhere to ecological protection and safeguard the clear waters and lush mountains Adhere to contributing to society and fulfill corporate [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that its wholly owned subsidiary, CNOOC International Limited, has completed closing of the Stock Purchase Agreement with INEOS Energy. - End - Notes to Editors: More information about the Company is available at http://www.cnoocltd.com. *** *** *** *** This press release includes forward looking information, including statements regarding the likely future developments in the [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that the Company has made a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place. Huizhou 19-6 oilfield is located in the eastern South China Sea, with an average water depth of approximately 100 meters. The main oil-bearing plays are Paleogene Enping Formation [...]
Reserves and Production Reached New Plateau Profit and Dividend Recorded Double-Digit Rise CNOOC Ltd. and 80883 , SSE: 600938) announced today its 2024 annual results for the year ended December 31, 2024. Reserves and production both grew by over 7% and net profit attributable to equity shareholders increased by 11.4% Full-year dividend at HK$1.40 per share , a 12% increase year-on-year CNOOC Limited continued to capture [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Caofeidian 6-4 Oilfield Comprehensive Adjustment Project and Wenchang 19-1 Oilfield Phase II Project have commenced production. Caofeidian 6-4 Oilfield Comprehensive Adjustment Project is located in the western part of the Bohai Sea, with an average water depth of approximately 20 meters. The main production facility is a new production wellhead platform, which [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that it has made a major breakthrough in the exploration of Paleozoic buried hills in the Beibu Gulf Basin. The Weizhou 10-5 oil and gas field is located in the Beibu Gulf of the South China Sea, with an average water depth of about 37 meters. Exploration well WZ10-5-1Sa encountered an oil and gas pay zone of 283 meters, with a total drilled depth of approximately [...]
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