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CNOOC to take majority interest in West African petroleum licenses

(Reuters) - Australian oil and gas explorer FAR Ltd, which holds a stake in licenses for oil drilling off the coast of West Africa’s...

One oil major walked away, 20 companies said no to Guyana...

The financial risk was high and the prospects of finding oil off the Guyana coast was low in the lead-up to the 2015 drill...

CNOOC Limited’s Appomattox Field in GoM commences production

CNOOC Limited announced on Thursday that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. The company said...

CNOOC seeking coordinator to lift its share of Guyana oil

Chinese oil company CNOOC is looking for a coordinator to lift is share of oil when production gets underway at the 120,000 bpd Liza...

Stabroek co-venturer CNOOC looking to expand presence in Brazil

Chinese oil company CNOOC Ltd, a co-venturer in Guyana’s Stabroek Block, wants to expand in Brazil and is considering bidding in an auction of...

CNOOC releases operations report; Guyana tops company’s discoveries

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its key operational statistics for the first quarter of 2019. The Company achieved...

Outside of China CNOOC only found oil in Guyana during 2018

China’s CNOOC Limited made a total of 17 commercial discoveries in 2018, 5 of which were made in the Stabroek Block offshore Guyana which...

Glengorm ‘largest UK gas find since 2008’ – WoodMac

Oil and gas industry analyst Wood Mackenzie is calling CNOOC’s latest gas discovery at Glengorm the largest UK gas find since 2008 and one...

CNOOC Limited makes discovery in UK North Sea

CNOOC Limited on Monday announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea. “The Glengorm discovery is located in...

CNOOC plans 173 new wells in 2019; targets almost 500 million...

CNOOC Limited on Wednesday announced that the company's net production target for 2019 is 480 million to 490 million barrels of oil equivalent (BOE),...