CNOOC

Recent Articles

CNOOC Appoints Yang Hua as Chairman, Succeeds Wang Yilin
Wednesday, May 20, 2015 CNOOC appoints Yang Hua as chairman of the Chinese company's board of directors, succeeding Wang Yilin.
ExxonMobil Discovers Oil at Stabroek Block Offshore Guyana
Wednesday, May 20, 2015 ExxonMobil makes significant oil discovery on the Stabroek Block offshore Guyana.
Uganda's 'Oil Rush' Town Stuck in the Slow Lane
Monday, May 11, 2015 An oil-fueled boom is transforming the town of Hoima in Western Uganda.
OTC 2015: SBM Talks to CNOOC about Lingshui Gas Production Facility
Wednesday, May 06, 2015 SBM Offshore holdings talks with CNOOC to supply a semisubmersible production for the Lingshui 17-2 gas field development in South China Sea.
Exoma Finalizing Withdrawal from Queensland's Galilee JV Permits
Thursday, April 30, 2015 Exoma Energy is still finalizing withdrawal from the Galilee Joint Venture exploration permits in Queensland, Australia.
First Oil Flows at CNOOC's Kenli 10-1 Field in China's Bohai Bay
Monday, April 27, 2015 CNOOC commences oil production from the Kenli 10-1 field in China's Bohai Bay.
CNOOC Posts 40% Slide In 1Q Revenue As Oil Prices Plunge
Friday, April 24, 2015 China's top offshore oil producer CNOOC posts a 40% fall in 1Q revenue.
Technip, COOEC Bag FEED Contract for Liuhua Project in South China Sea
Thursday, April 16, 2015 The Technip-COOEC consortium bags a front end engineering design contract from CNOOC for two tension leg platforms for the Liuhua 11-1 and 16-2 joint development projects in the South China Sea.
Bumi Armada Forms JV for EPCC of Indonesia's Madura BD Field FPSO Project
Monday, April 13, 2015 Bumi Armada forms joint venture to undertake engineering, procurement, conversion and construction of a floating production, storage and offloading vessel for the Madura BD Field project in Indonesia.
Iran Oil Officials in Beijing to Discuss Oil Supplies, Projects
Tuesday, April 07, 2015 An Iranian delegation is in Beijing this week to push for more oil sales and discuss Chinese oil and gas investments in Iran, just days after Tehran and world powers reached a framework nuclear deal, Iranian oil officials says.
Two Chinese Energy Executives under Investigation
Thursday, April 02, 2015 Two senior energy executives are under investigation in a corruption crackdown on state-owned enterprises in China.
CNOOC to Boost Output 18% Over 3 Years; Vows Cost Cuts
Friday, March 27, 2015 CNOOC aims to boost output by 18% over the next three years, after reporting stronger-than-expected 2014 profit on cost cuts and higher production.
Alberta To Pick New Oil Marketers By End-May After Nexen Trading Shutdown
Tuesday, March 24, 2015 The Alberta government will decide before the end of May which companies will take over contracts to market the Canadian province's crude, a spokesman says.
China-Owned Nexen To Cut 400 Jobs In North America, UK
Tuesday, March 17, 2015 Nexen says it will cut approximately 400 jobs in North America and the United Kingdom in response to plunging global oil prices.
CNOOC Commences Oil Production at Qinhuangdao 32-6 Project in Bohai Bay
Tuesday, March 10, 2015 CNOOC commences oil production at Qinhuangdao 32-6 comprehensive adjustment project in China's Bohai Bay.
South Korea's SK Innovation Inks PSCs for 2 Blocks in South China Sea
Wednesday, February 11, 2015 CNOOC inks production sharing contracts with South Korea's SK Innovation for Block 04/20 and Block 17/03 in the South China Sea.
State Media: China's Deepsea Gas Find Holds Over 3.5 Tcf Reserves
Monday, February 09, 2015 A deepsea natural gas find in the northern part of the South China Sea has certified proven reserves exceeding 3.53 trillion cubic feet (100 billion cubic meters), making it one of China's biggest offshore finds, Chinese state television reports.
CNOOC to Raise 2015 Net Production by 10-15%, Cuts CAPEX by 26-35%
Wednesday, February 04, 2015 CNOOC plans to raise net production by 10 to 15% in 2015 to 475 to 495 million barrels of oil equivalent, while cutting CAPEX by 26 to 35%.
CNOOC Flows First Oil at Jinzhou 9-3 Field in North Liaodong Bay off China
Tuesday, February 03, 2015 CNOOC commences first oil from the Jinzhou 9-3 field in North Liaodong Bay in Bohai, offshore China.
Newspaper: China 2014 Gas Output Growth Quickens to 10.7%
Tuesday, January 13, 2015 China's domestic natural gas production rose 10.7 percent last year, faster than in the previous year, as the country's first shale gas field added to output from conventional deposits, an official newspaper reports.