HONG KONG, Aug. 8, 2025 /PRNewswire/ -- CNOOC Ltd. and 80883 , SSE: 600938) announces that Yellowtail Project has commenced production safely ahead of schedule. The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1,600-2,000 meters. The main production facilities include 1 floating production, storage and offloading and 1 subsea production system, with 26 production wells and 25 [...]
HONG KONG, July 29, 2025 /PRNewswire/ -- CNOOC Ltd. and 80883 , SSE: 600938) announces today that Dongfang 1-1 Gas Field 13-3 Block Development Project has commenced production. The project is the first high-temperature, high-pressure, low-permeability natural gas project offshore China. It is located in the Yinggehai Basin, with an average water depth of approximately 67 meters. The main production facility is a new [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Kenli 10-2 Oilfields Development Project has commenced production, marking the production start-up of the largest shallow lithological oilfield offshore China. The project is located in southern Bohai Sea, with an average water depth of about 20 meters. The main production facilities include a new central platform and 2 wellhead platforms, which [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that it has achieved a major breakthrough in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time. The Weizhou 10-5 South Oil and Gas Field is located in the Beibu Gulf of the South China Sea, with an average water depth of 37 meters. Exploration well WZ10-5S-2d encountered an oil and gas pay zone of 211 meters [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces today that Mr. Zhang Chuanjiang has been appointed as Chairman of the Board, a Non-executive Director, Chairman of the Nomination Committee and Chairman of the Strategy and Sustainability Committee of the Company. The Board would like to take this opportunity to offer its sincere congratulation to Mr. Zhang. Zhang Chuanjiang Born in 1968, Mr. Zhang is a professor-level senior [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces its wholly owned subsidiary, CNOOC Hong Kong Holding Limited, has entered into the Contract for Exploration and Production of Hydrocarbons on the Zhylyoi Subsoil Area with Ministry of Energy of the Republic of Kazakhstan and Joint Stock Company National Company KazMunayGas . The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announces that Weizhou 5-3 Oilfield Development Project has commenced production. The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 35 meters. The main production facility includes 1 self-installing wellhead platform, which leverages the adjacent existing facilities for development. 10 development wells are planned [...]
CNOOC Ltd. and 80883 , SSE: 600938) announces that Mero4 Project has commenced production safely at May 24 Brazil time. Mero field is located in the Santos Basin pre-salt southeastern offshore Brazil, about 180 kilometers away from Rio de Janeiro, in a water depth of between 1,800 and 2,100 meters. Mero4 Project will be developed by the traditional deep-water Pre-salt development mode, FPSO+Subsea. 12 development wells [...]
CNOOC Ltd. and 80883 , SSE: 600938) today announced its operating results for the first quarter of 2025. In the first quarter, net production grew steadily, while its cost advantage continued to consolidate, demonstrating profitability resilience faced with oil price changes. During the period, CNOOC Limited achieved a net production of 188.8 million barrels of oil equivalent , an increase of 4.8% year-on-year . The net [...]
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 [...]
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