CNOOC Ltd. and 80883 , SSE: 600938) announces today that it has discovered the Shenfu deep coalbed methane field in China, adding proved gas in-place of over 100 billion cubic meters. The Shenfu deep CBM field is located in Yulin, Shaanxi Province at the eastern edge of Ordos Basin. With continued research and exploration, the Company has advanced its understanding of deep coalbed methane formation mechanism, reservoir [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that the first LNG cargo from the newly-built liquefaction train of the Tangguh LNG project in Indonesia has been delivered, marking the safe commencement of the Train 3 of Tangguh LNG project. Tangguh LNG project is located in Papua Barat Province in Indonesia, consisting of 6 offshore gas fields under 3 PSCs. The existing two-train facility has commenced production in 2009 [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that the Bozhong 28-2 South Oilfield Second Adjustment Project has commenced production. The project is located in southern Bohai Sea, with an average water depth of around 21 meters. The main production facilities include 1 central platform and 1 water-injection subsea pipeline. 21 development wells are planned to be commissioned, including 13 production wells and 8 [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that Lufeng 12-3 Oilfield Development Project has commenced production. The project is located in the eastern South China Sea, with an average water depth of approximately 240 meters. The main production facilities include one wellhead platform and one newly built 100,000-ton intelligent FPSO, with 13 development wells planned to be put into production. It is expected to [...]
- CNOOC Ltd. Announces the 2023 Interim Results CNOOC Ltd. and 80883 , SSE: 600938) announces today its 2023 interim results for the six months ended June 30, 2023. In the first half of the year, the Company continued to pursue high-quality development, increasing efforts in oil and gas exploration and development, and improving quality and efficiency of the operations. The Company has delivered better-than-expected [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that the Company's first onshore centralized photovoltaic project - the Animal Husbandry-solar Complementary Project in Hezuo City, Gannan Autonomous Prefecture is connected to the grid for power generation. The Project is located in Gannan Autonomous Prefecture, Gansu Province of China, where the altitude is as high as 3,000 meters. It covers an area of approximately [...]
CNOOC Ltd. today announces the official commissioning of China's first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development. Enping 15-1 oilfield is located in the Pearl River Mouth Basin, about 190 kilometers southwest of Hong Kong, with an average water depth of approximately 80 meters and has a high carbon dioxide content. The CCS module can capture and [...]
CNOOC Ltd. announces today that Buzios5 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, with a daily production of about 600,000 barrels at present. Buzios5 is the fifth phase of oilfield development. It will be developed with an FPSO and subsea [...]
CNOOC Ltd. today announces that the Wenchang deep-sea floating wind demonstration project has been successfully connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea, 136 kilometers away from the shore in a water depth of 120 meters. It is the world's first semi-submersible "double hundred" deep-sea floating wind project [...]
CNOOC Ltd. today announced its operating results for the first quarter of 2023. In the first quarter of 2023, the Company stepped up its efforts in exploration and development, and achieved positive results in increasing reserves and production and improving quality and efficiency. Steady growth in net production was obtained and cost competitiveness was further consolidated. The total net production was 163.9 million [...]
CNOOC Ltd. released its 2022 Environmental, Social and Governance Report in Hong Kong today. The Company attaches great importance to ESG disclosure. ESG report has been regarded as an important carrier for disclosing compliance information, strengthening sustainable development, and improving communication among stakeholders. The Company employs an independent third party to verify the key indicators in the report, and [...]
CNOOC Ltd. today announced its 2022 annual results for the year ended December 31, 2022. In 2022, despite the complicated and volatile energy conditions and international environment, CNOOC Ltd. managed to achieve record highs in its performance through increasing reserves and production, technological innovation and low-carbon transition. The Company continued to reduce costs and increase margins, and maximized its [...]
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