Chinese oil major CNOOC Ltd said on Monday that an offshore oil project in the South China Sea had commenced production.

The project uses existing facilities at the nearby Huixi Oilfields and incorporates a newly installed unmanned wellhead ...

The new Xijiang 24-7 platform is China's first unmanned offshore platform for high-temperature fluid cooling and export. Its ...

CNOOC Limited has commenced production from the Xijiang Oilfields 24 Block Development Project, a shallow-water offshore oil ...

The state-backed company expects to add a capacity of about 18,000 boed from the Xijiang Oilfields 24 Block Development ...

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Xijiang Oilfields 24 Block Development Project has commenced production. The project ...

Including two projects in Brazilian waters and Guyana's Yellowtail, the publicly listed arm of China National Offshore Oil Corp has now announced 15 upstream startups in 2025.

China National Offshore Oil Corporation (CNOOC) is moving to digitalise its offshore exploration and development in an effort to lower its offshore operating costs. The Chinese operator has earmarked ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. CNOOC forecasts oil prices to remain between $75 and $85 per ...

North America's newly found oil and gas riches need big investments from hungry national oil giants like Cnooc. If Cnooc succeeds in its $19.5 billion takeover of Canada's Nexen, it will vault China's ...

Set 2022 output target at 600-610 mln boe Expects domestic oil output to peak at 60 mln T by 2030, gas at 40 bcm by 2035 Set 2022 capex at 90-100 bln yuan, unchanged from 2021 BEIJING/SINGAPORE, Jan ...

The project mainly relies on existing infrastructure in the Huixi oilfield group and uses a new unmanned wellhead platform.