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Shell and CNOOC account for bulk of Mexico’s deepwater investments

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(S&P Global) Deepwater projects took the bulk of the exploration investments in Mexico during the third quarter as private companies ramp up activities. Two exploration...

CNOOC postpones start-up of project at UK’s highest-producing oil field

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COVID-19 safety measures and the postponement of the Forties pipeline overhaul have forced China's CNOOC to push the startup of its Buzzard...

CNOOC starts production at Luda development project

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China’s state oil company CNOOC has began production at the Luda 21-2/16-3 regional development, located Liaodong Bay of Bohai Sea, about 39 kilometers north of...

CNOOC plans to cut 2020 investment by up to 15%

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(Reuters) - China National Offshore Oil Corp (CNOOC) will trim annual investment by 10% to 15% in 2020, while maintaining its goal of increasing...

CNOOC lifts 1st oil cargo from Guyana, reports record performance for...

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China’s state oil company CNOOC has lifted its first 1 million barrels of light, sweet Liza crude from Guyana’s offshore Liza Phase 1 Development...

Stabroek co-venturer CNOOC appoints new president

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CNOOC Limited announced on Friday the appointment of Hu Guangjie as Executive Director and President. The company said Xu Keqiang has resigned as the President...

China’s CNOOC to load first cargo of Guyanese oil soon

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(Reuters) China's state-controlled oil company CNOOC Ltd is scheduled to load in the coming days its first cargo of crude from Guyana's offshore Liza...

Stabroek co-venturer CNOOC makes ‘large-sized’ discovery in China

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CNOOC Limited said on Monday that it has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first...

China reneges on commodity deals worsening global trade chaos

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(Bloomberg) Global commodity trade plunged deeper into chaos as Chinese companies started walking away from purchase contracts because of the spread of the deadly...

Development drilling for giant Liza Phase 2 project set to begin...

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Development drilling for the 220,000 barrels per day Liza Phase 2 project offshore Guyana will begin next month as US oil major ExxonMobil ramps...