News Releases

Announcement of Notification for Bidding Blocks Offshore China of 2024-2025 Published： 2024-12-26 According to the relevant provisions of the Regulations of the People's Republic of China on the Exploitation of Offshore Petroleum Resources in Cooperation with Foreign Enterprises, China National Offshore Oil Corporation ...

CNOOC Limited Announces Its 2025 Business Strategy and Development Plan Published： 2025-01-25 On January 22, CNOOC Limited announced its business strategy and development plan for the year 2025.In 2025, the company’s production will continue to grow and daily net production will exceed 2 million BOE. The net production target for the year is 760 million to 780?million BOE...

CNOOC Limited Brings On-stream Dongfang 29-1 Gas Field Development Project Published： 2025-01-20 On January 20, 2025,?CNOOC Limited?announced?that Dongfang 29-1 Gas Field Development Project has commenced production. The project is located in the Yinggehai Basin, with an average water depth of approximately 68 meters. The main production facilities include a new unmanned wellhead platform and a submarine pipeline. A total of 6 development wells are planned to be commissioned. The projec...

CNOOC Limited Brings On-stream Panyu 11-12 Oilfield / Panyu 10-1 Oilfield / Panyu... Published： 2025-01-02 On January?2, 2025, CNOOC Limited announced?that?Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project?has commenced production. The project is located in eastern South China Sea, with an average water depth of approximately 100 meters.

CNOOC Limited Brings On-stream Suizhong 36-2 Oilfield 36-2 Block Development Project Published： 2024-12-23 On December?23, CNOOC Limited announced?that Suizhong 36-2 Oilfield 36-2 Block Development Project has commenced production. The project is located in Liaodong Bay of Bohai Sea, with an average water depth of approximately 27 meters. The main production facility is a new unmanned wellhead platform. A total of 21 development wells are planned to be commissioned, including 16 production wells a...

CNOOC Limited Brings On-stream Jinzhou 23-2 Oilfield Development Project Published： 2024-12-03 On December?3,CNOOC Limited announced?that Jinzhou 23-2 Oilfield Development Project has commenced production.?The project is located in the northern part of the Bohai Sea, with an average water depth of approximately 13 meters. The main production facilities include 2 new central processing platforms.

CNOOC Limited Brings On-stream Huizhou 26-6 Oilfield Development Project Published： 2024-12-02 On December 2, CNOOC Limited announced?that Huizhou 26-6 Oilfield Development Project has commenced production. The project is located in the Pearl River Mouth Basin, with an average water depth of approximately 110 meters. The main production facilities include?a new intelligent drilling production platform, as well as the adaptively-modified "NAN HAI FEN JIN" FPSO.

CNOOC Limited Brings On-stream Long Lake NW Project in Canada Published： 2024-11-07 On November 6, CNOOC Limited announced that Long Lake Northwest Project in Canada has commenced production safely. The project is located in Alberta, Canada. The main production facilities include a new well pad and 4 pipelines. It will be developed with steam-assisted gravity drainage (SAGD) operation and 8 well pairs are planned to be commissioned.

CNOOC Limited Announces Mero3 Project Commences Production Published： 2024-11-01 On October 31, CNOOC Limited announced that Mero3 Project has commenced production safely.Mero field is located in the Santos Basin pre-salt southeastern offshore Brazil, about 180 kilometers away from Rio de Janeiro in a water depth of between...

CNOOC Limited Subsidiary Signs EDPC with Md.O.C Published： 2024-10-30 On October 30, CNOOC Limited announced its wholly owned subsidiary, CNOOC Africa Holding Ltd., has entered into the Exploration, Development & Production Contract (EDPC) with Midland Oil Company (Md.O.C) for Block 7 in the Republic of Iraq. The contract was signed for Block 7, which is mainly locate...

CNOOC Limited Achieves Record High Net Production and Net Profit in Q3 2024 Published： 2024-10-29 On October 28, CNOOC Limited announced its operating results for the third quarter of 2024. In the first three quarters of 2024, CNOOC Limited continued to increase its reserves and production, while effectively controlling costs and enhancing efficiency. Net production and net profit rose remarkabl...

CNOOC Limited Brings On-stream Xijiang 30-2 Oilfield Xijiang 30-1 Block Developme... Published： 2024-10-22 On October 22, CNOOC Limited announced that Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project commenced production ahead of schedule.The project is located in eastern South China Sea, with an average water depth of about 98 meters. The main production facilities include a new drilling production platform...

CNOOC Limited Subsidiary Signs 4 Concession Contracts for Exploration Blocks Offs... Published： 2024-10-17 On October 17, CNOOC Limited’s wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, has entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin. The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Perm...

CNOOC Limited Brings On-stream Bozhong 19-2 Oilfield Development Project Published： 2024-10-08 On October 8, CNOOC Limited announced that Bozhong 19-2 Oilfield Development Project has commenced production. The project is located in central Bohai Bay, with an average water depth of about 20 meters. The main production facilities include a new central processing platform and 4 new unmanned wellhead platforms.

CNOOC Limited Brings On-stream Shenhai-1 Phase II Natural Gas Development Project Published： 2024-09-27 On September 27, CNOOC Limited announced that Shenhai-1 Phase II Natural Gas Development Project has commenced production. The project is located in the Qiongdongnan Basin, northern South China Sea, with an average water depth of approximately 900 meters.