HONG KONG, April 28, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its key operational statistics for the first quarter of 2016. The Company achieved total net production of 124.3 million barrels of oil equivalent ("BOE") for the first quarter of 2016, representing an increase of 5.1% year over year ("YoY"), mainly attributable to the production contribution from new projects [...]
HONG KONG, April 25, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that the Panyu 11-5 oilfield has commenced production. The Panyu 11-5 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 110 meters. In addition to fully utilizing the existing facilities of Panyu 5-1 oilfield, the Panyu 11-5 oilfield also [...]
HONG KONG, April 21, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today it has filed with the United States Securities and Exchange Commission ("SEC") its 2015 annual report on Form 20-F ("annual report") that included audited financial statements for the year ended December 31, 2015. The annual report is available on the Company's website at www.cnoocltd.com as well as SEC?s [...]
HONG KONG, March 24, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its 2015 annual results for the year ended December 31, 2015. In 2015, the Company maintained an intensive exploration program and made significant achievements in oil and gas exploration while lowering exploration capital expenditures. During the year, the Company made 16 new discoveries and successfully [...]
HONG KONG, Feb. 1, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that the Weizhou 12-2 oilfield joint development project (Weizhou 12-2) and Weizhou 11-4 North oilfield Phase II project (Weizhou 11-4 North) have recently commenced production. The Weizhou 12-2 project is located in Beibu Gulf Basin of the South China Sea with an average water depth of approximately 36 meters [...]
HONG KONG, Jan. 27, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that the Kenli 10-4 oilfield has commenced production. The Kenli 10-4 oilfield is located in the South of Bohai with an average water depth of approximately 15 meters. In addition to fully utilizing the existing facilities of Kenli 10-1 oilfield, the Kenli 10-4 oilfield also included the development of one [...]
HONG KONG, Jan. 19, 2016 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its business strategy and development plan for the year 2016. The Company's net production target for 2016 is in the range of 470-485 million barrels of oil equivalent (BOE), of which approximately 66% and 34% are produced in China and overseas respectively. The net production targets set for 2017 and 2018 are [...]
HONG KONG, Dec. 3, 2015 /CNW/ -- CNOOC Ltd. (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Block 15/33 in the South China Sea. Logo - http://photos.prnasia.com/prnh/20150819/8521505396LOGO Block 15/33 is located in the Pearl River [...]
HONG KONG, Oct. 28, 2015 /CNW/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the third quarter of 2015. In the third quarter, the Company achieved a total net production of 127.5 million barrels of oil equivalent (BOE), representing a significant increase of 23.8% year over year (yoy). Net production from offshore China reached 83.3 million BOE, a 28.2 [...]
HONG KONG, Oct. 22, 2015 /CNW/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that Caofeidian 6-4 oil structure in Bohai discovered in 2014 was appraised successfully and confirmed to be a mid-sized oilfield. The Caofeidian 6-4 structure is located in the western part of Shijutuo Uplift in the west of Bohai with an average water depth of about 20 meters. The discovery well Caofeidian 6-4-1 was [...]
Steady Development with Solid Performance in 1H 2015 HONG KONG, Aug. 26, 2015 /CNW/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its interim results for the six months ended June 30, 2015. In the first half of the year, the Company ensured spending in exploration in its core area offshore China, and prioritized mature areas and rolling areas to improve utilization of exploration [...]
HONG KONG, Aug. 19, 2015 /CNW/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with Roc Oil (China) Company (ROC) for Blocks 16/07 and 03/33 in the South China Sea. The two blocks mentioned above are located in the Pearl River Mouth Basin in the South China Sea. Block [...]