News Releases

CNOOC Limited Brings On-stream Wenchang 16-2 Oilfield Development Project Published： 2025-09-04 On September 4, CNOOC Limited announced that Wenchang 16-2 Oilfield Development Project has commenced production. The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters.

CNOOC Limited Announced Its 2025 Interim Results Published： 2025-08-29 On August 27, CNOOC Limited announced its 2025 interim results. In the first half of 2025, with the concerted efforts of all employees, CNOOC Limited contained the impact of oil price volatility by sticking to its strategy of reserves and production growth while strictly controlling costs.

CNOOC Limited Subsidiaries Signs PSCs for Exploration Blocks in Indonesia Published： 2025-08-29 On August 26, CNOOC Limited announced its wholly owned subsidiaries have entered into two Production Sharing Contracts (PSCs) for exploration blocks in Indonesia with SKK Migas, the subsidiaries of other Tangguh partners, EnQuest and Agra.

CNOOC Limited Announces Yellowtail Project Commences Production Published： 2025-08-11 On August 8, CNOOC Limited announced that Yellowtail Project has commenced production safely ahead of schedule. The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1,600-2,000 meters.

China's First Offshore CCUS Project Kicks Off Published： 2025-05-22 On May 22, China's first offshore Carbon Capture, Utilization, and Storage (CCUS) project was commissioned at the Enping 15-1 platform in the eastern South China Sea, a step forward on the Chinese CCUS technological upgrade The project is expected to inject over 1 million tons of carbon dioxide on a large scale over the next decade and drive an additional 200,000 tons of crude oil production.