CNOOC International

CNOOC has confirmed a large oil discovery in the Kaiping South structure in the eastern South China Sea.

Finding could make the field the biggest metamorphic rock oilfield worldwide.

CNOOC has started up its Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development project in the Bohai Sea offshore eastern China.

CNOOC is targeting net production this year in the range of 700 MMboe to 720 MMboe, with operations in China and elsewhere accounting respectively for 69% and 31%.

CNOOC has started production from the Lufeng oil fields Phase II development in the eastern South China Sea.

CNOOC has started production from the Bozhong 19-6 condensate/gas field Phase I development in the central Bohai Sea offshore eastern China.

CNOOC has started production from the Penglai 19-3 oilfield area 5/10 development in the south-central Bohai Sea offshore eastern China.

CNOOC has brought onstream two oilfield developments offshore China.

CNOOC has officially commissioned China's first offshore carbon capture and storage (CCS) demonstration project in the Pearl River Mouth Basin, 190 km southwest of Hong Kong.

CNOOC has connected its Wenchang deepsea floating wind demonstration project to the Chinese grid for power generation.

The voluntary agreement negotiated with CNOOC covers about 140 workers on the Buzzard, Scott and Golden Eagle platforms.

Discovery includes potentially large volumes of light oil in the Bozhong 26-6 field in the southern Bohai Sea.

CNOOC is targeting net production this year in the range 650 MMboe to 660 MMboe, of which about 70% will come from the company’s activities in China and 30% elsewhere.