CNOOC Ltd. today announced that the Company intends to deregister with the United States Securities and Exchange Commission and terminate reporting obligations under the U.S. Securities Exchange Act of 1934, as amended . The New York Stock Exchange LLC filed Form 25 with the SEC on October 12, 2021 , and the delisting of the Company's American depository shares became effective following the close of the market in New [...]
HONG KONG, Nov. 29, 2021 /CNW/ -- CNOOC Ltd. announced today that the Buzzard Phase II development, offshore UK North Sea has safely commenced production. Buzzard Phase II is located approximately 100 kilometers northeast of Aberdeen, United Kingdom with average water depth of approximately 96 meters. While fully utilizing the existing Buzzard facility, the project has also built a set of underwater production systems. 2 [...]
HONG KONG, Nov. 23, 2021 /CNW/ -- CNOOC Ltd. today announced the commencement of production of Lufeng oil fields regional development project. The Lufeng oil fields is located in Eastern South China Sea and mainly include Lufeng 14-4 oil field, Lufeng 14-8 oil field, Lufeng 15-1 oil field and Lufeng 22-1 oil field, with an average water depth of about 140-330 meters. The main production facilities include 2 drilling [...]
HONG KONG, Oct. 28, 2021 /CNW/ -- CNOOC Ltd. today announced its key operational statistics for the third quarter of 2021. The Company achieved a total net production of 144.1 million barrels of oil equivalent for the third quarter of 2021, representing an increase of 9.9% year-over-year . Production from China increased by 13.0% YoY to 100.1 million BOE, mainly attributable to production growth from the commencement of [...]
HONG KONG, Sept. 30, 2021 /CNW/ -- CNOOC Ltd. announced today that the Company made a large-sized discovery of Kenli 10-2 in Bohai. The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15.7 meters. The main oil-bearing formation of Kenli 10-2 oilfield is in the lower member of Neogene Minghuazhen Formation and the oil properties are conventional heavy oil. The [...]
CNOOC Ltd. today announced that Bozhong 19-4 oilfield comprehensive adjustment project has commenced production. Bozhong 19-4 oilfield comprehensive adjustment project is located in the south of Bohai Sea, with average water depth of about 21 meters. In addition to fully utilizing the existing processing facilities of Bozhong 25-1 oilfield, the project has built a new eight-legged central equipment platform. A total of 25 [...]
HONG KONG, Sept. 22, 2021 /CNW/ -- CNOOC Ltd. announced today that Qinhuangdao/ Caofeidian onshore power project has commenced operation successfully. This onshore power project is located in the mid-western Bohai Bay, containing two parts, firstly the Qinhuangdao 32-6 and Caofeidian 11-1 oilfields onshore power project, and secondly the Qinhuangdao 32-6 facility capacity expansion project. The Qinhuangdao 32-6 oilfields [...]
HONG KONG, Aug. 26, 2021 /CNW/ -- CNOOC Ltd. today announced that Bozhong 26-3 oilfield expansion project has commenced production. Bozhong 26-3 oilfield expansion project is located in the south of Bohai Sea, with average water depth of about 21 meters. In addition to fully utilizing the existing processing facilities, the project has built a new unmanned wellhead platform and a power platform. A total of 8 development [...]
HONG KONG, Aug. 23, 2021 /CNW/ -- CNOOC Ltd. today announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth of about 30 meters. In addition to fully utilizing the existing processing facilities of Suizhong 36-1 oilfield, the project has built a new central platform. A total of 38 development wells are planned, including [...]
HONG KONG, Aug. 19, 2021 /CNW/ -- CNOOC Ltd. today announced its 2021 interim results for the six months ended June 30, 2021. In the first half of 2021, faced with the complicated situation, the Company further strengthened its business strategy, firmly advanced various production and operation tasks, and scaled new heights in reserves and production. The commencement of major projects inspired all employees. Thanks to [...]
CNOOC Ltd. today announced that Liuhua 21-2 oilfield has commenced production ahead of schedule. Liuhua 21-2 oilfield is located in the eastern South China Sea, with water depth of about 437 meters. In addition to fully utilizing the existing processing facilities, the project has also built a set of underwater production system, with 8 development wells planned in total. The project is expected to reach its peak [...]
CNOOC Ltd. today announced that Luda 29-1 oilfield has commenced production. Luda 29-1 oilfield is located in Liaodong Bay of Bohai Sea, with water depth of about 32 meters. In addition to fully utilizing the existing processing facilities of Luda 21-2/Luda 16-3 oilfield, the project has also built a new wellhead platform, with 7 development wells planned in total, including 4 production wells, 2 water injection wells and [...]
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