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CNOOC hits first oil at Penglai field

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CNOOC Limited announced Monday that Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule. The Penglai 25-6 oilfield area 3 project is...

Impact of U.S. blacklisting on CNOOC’s operations currently limited – S&P...

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The blacklisting of state-run upstream company China National Offshore Oil Corporation by the US government on December 3 has raised the stakes for China's...

Hess sees more upside to Guyana’s 9 billion boe estimate, big...

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A further increase in the gross recoverable resources is anticipated at Guyana’s Stabroek Block, adding to the recently upgraded 9 billion boe estimate, according...

CNOOC records 131.2 million boe for Q3 2020, Guyana remains key...

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China National Offshore Oil Corporation (CNOOC), a 25% stakeholder in Guyana’s Stabroek Block, said it achieved a total net production of 131.2 million barrels...

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...