CNOOC Ltd.

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 [...]

CNOOC Ltd. and 80883 , SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development Project has commenced production. The project is located in the central part of the Bohai Sea, with an average water depth of approximately 30 meters. The main production facilities include 1 new auxiliary production platform and 1 production wellhead platform. A total of 29 development wells are planned to be [...]

CNOOC Ltd. and 80883 , SSE: 600938) announces that Buzios7 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with a water depth of 1,900 to 2,200 meters. It is the largest deep-water pre-salt oilfield in the world. Buzios7 is the sixth project commissioned of the oilfield. It will be developed with an FPSO and subsea production system. 15 development [...]

CNOOC Ltd. and 80883 , SSE: 600938) today announces that Bozhong 26-6 Oilfield Development Project has commenced production. The project is located in central Bohai Bay, with an average water depth of approximately 20 meters. The main production facilities include a new central processing platform and an unmanned wellhead platform. A total of 33 development wells are planned to be commissioned, including 22 production [...]