CNOOC Ltd.

HONG KONG, Jan. 14, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that Liuhua 19-5 gas field has recently commenced production. Liuhua 19-5 is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of about 185 meters. This project was designed to share the existing producing facility of Panyu 30-1 gas field, and two new producing wells were [...]

HONG KONG, Dec. 18, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that Qikou 18-1 adjustment project has recently commenced production. Qikou 18-1 oil field is located in the west part of Bohai with an average water depth of 10 meters. In addition to fully utilize the existing producing facilities, this adjustment project has also built one plug-in processing facility and two [...]

HONG KONG, Nov. 12, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its wholly-owned subsidiary Nexen Energy ULC (Nexen), has entered into an exclusive agreement with the Government of British Columbia, Canada to examine the viability of constructing a liquefied natural gas (LNG) plant and export terminal at Grassy Point near Prince Rupert, British Columbia, Canada. The [...]

HONG KONG, Oct. 30, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that Suizhong 36-1 Phase II adjustment project has commenced production. Suizhong 36-1 oil field is located in the south region of Liaodong Bay in Bohai with an average water depth of about 30 meters. Along with fully utilizing the existing producing facilities, this adjustment project also built 4 new [...]

HONG KONG, Oct. 25, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that the first production from the Rochelle gas-condensate field in the UK North Sea has commenced. At Rochelle field, Nexen Petroleum U.K. Ltd. ("Nexen UK"), a wholly-owned subsidiary of the Company, acts as the field operator. The Rochelle field in Blocks 15/26b, 15/26c and 15/27 lies approximately 115 miles [...]

HONG KONG, Oct. 24, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) is pleased to announce its key operational statistics for the third quarter of 2013. During the quarter, the Company's total net production rose 17.8% year over year (YOY) to 103.4 million barrels of oil equivalent (BOE) in which Nexen contributed 16.1 million BOE. If excluding Nexen's contribution, the net production for the [...]

HONG KONG, Oct. 23, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced the Company recently made a mid-sized new exploration discovery Luda 5-2 North and successfully appraised the mid-sized oil and gas structure Kenli 9-5/9-6. Luda 5-2 North is located in the Liaodong Bay of Bohai, with average water depth of 31 meters. The discovery wells of Luda 5-2N-2 and LD 5-2N-4 were both drilled [...]

HONG KONG, Oct. 22, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil discovery in the Santos Basin, offshore Brazil. The Company holds 10% percent in the winning consortium, with the operator Petrobras(40 [...]

HONG KONG, Oct. 17, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883) announced that, Wenchang 19-1 North and Weizhou 12-8 West oil fields have recently commenced production. Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130 meters. This oil field has 3 producing wells and is expected to reach its peak production within the year [...]

HONG KONG, Sept. 18, 2013 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883) announced that the Toronto Stock Exchange (TSX) has approved the listing of the Company's American Depositary Receipts (ADRs) on the TSX at the opening of the market today. The Company's listing symbol is CNU. Mr. Wang Yilin, Chairman of the Company commented, "Trading on the TSX isn't just about broadening our shareholder base. It also [...]