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Energy Economy
Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t
Wind Power
CNOOC Limited Announce Wind Farm in China
ConocoPhillips China and CNOOC announced the commencement of the Penglai offshore wind farm on Sunday during the fifth China International Import Expo held in S
Energy Economy
Norway’s Equinor Considers Buying Chinese North Sea Oilfields
Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.
Oil & Gas
China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use
China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Of
Oil & Gas
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top
Oil & Gas
Chinese Giant Brings on Stream Two Projects in Bohai Sea
Chinese oil and gas player CNOOC Limited has kicked off production from two oilfield development projects located in the Bohai Sea off China.
Energy Economy
China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels
Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh
Oil & Gas
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
Oil & Gas
Empyrean Ticks off ‘Major Box’ at Chinese Well
AIM-listed oil and gas exploration company Empyrean Energy has backed up its pre-drill interpretation of seismic data related to the Jade prospect well located
Energy Economy
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share
Energy Economy
Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie
Oil & Gas
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe
Oil & Gas
China's Largest Offshore Oilfield Yields Over 30M tonnes of Crude Oil
China's largest oil field located in Bohai Bay produced more than 30 million tonnes of crude oil in 2021, top-ranked nationwide.
Oil & Gas
CNOOC To Take First LNG Cargo From U.S. Exporter
China National Offshore Oil Corporation, the largest Chinese importer of liquefied natural gas, has signed a deal with U.S. firm Venture Global LNG to buy LNG f
Oil & Gas
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
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