News Releases

CNOOC Limited Adds over 100 Billion Cubic Meters of Proved Gas In-place Published： 2024-08-07 On August 7, CNOOC Limited announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion cubic meters. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters.

CNOOC Limited Achieved High Yield Well in Beibu Gulf Published： 2024-07-24 On July 23, CNOOC Limited announced that it has achieved a high yield well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent. Wushi 16-5 structure is located in Wushi Sag, Beibu Gulf, with an average water depth of approximately 25 meters. The appraisal well WS16-5-4 was drilled and completed at a depth of 4,185 meters, encountering a total of 65 meters oil pay zones.

CNOOC Limited Made Major Exploration Breakthrough in Bohai Bay Published： 2024-07-17 On July 15, CNOOC Limited announced that it has achieved a major exploration breakthrough in Mesozoic buried hill offshore Bohai Bay. Longkou 7-1 oilfield is located in eastern Bohai Bay, with an average water depth of about 26 meters. The discovery well LK7-1-1 was drilled and completed at a depth of approximately 4,400 meters, which encountered a total of 76 meters oil and gas pay zones.

The First Ultra-deep Well in Bohai Bay Outperforms Target Published： 2024-07-12 On July 11, CNOOC Limited announced that the Bozhong 19-6 Condensate Gas Field D1 Well, the first ultra-deep well in Bohai Bay, achieved high yield.Bozhong 19-6 Condensate Gas Field is located in central Bohai Bay, with an average water depth of about 20 meters...

CNOOC Limited Brings On-stream the First Green Design Oilfield in Offshore China Published： 2024-07-01 On July 1, CNOOC Limited announced that the first green design oilfield in offshore China - Wushi 23-5 Oilfields Development Project has commenced production.The project is located in the Beibu Gulf of the South China Sea, with an average water depth of...

CNOOC Limited Announces Enping 21-4 Oilfield Development Project Commences Produc... Published： 2024-06-27 On June 27, CNOOC Limited announced that Enping 21-4 Oilfield Development Project has commenced production. The project is located in eastern South China Sea, with an average water depth of...

CNOOC Limited Made Major Discovery in Western South China Sea Published： 2024-06-07 On June 6, CNOOC Limited announced that it has achieved a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea. Lingshui 36-1 gas field is located in western South China Sea, with an average water depth of approximately 1,500 meters. The main gas-bearing play is the Ledong Formation of Quaternary, with an average burial depth of 210 meters. The field has ...

CNOOC Limited Subsidiaries Sign EPCCs with MIREME and ENH Published： 2024-05-24 On May 24, CNOOC Limited announced that its wholly owned subsidiaries have entered into petroleum exploration and production concession contracts (EPCCs) with the Ministry of Mineral Resources and Energy of Mozambique (MIREME) and Empresa Nacional de Hidrocarbonetos (ENH) for 5 offshore blocks in Mozambique.

CNOOC Limited Announces Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development... Published： 2024-05-07 On May 7, CNOOC Limited announced that Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project has commenced production. The project is located in central Bohai Sea, with an average water depth of approximately 23 meters. The main production facilities include a wellhead platform, with 10 development wells planned to be commissioned.

CNOOC Limited Achieves Strong Growth in both Net Production and Net Profit in Q1 ... Published： 2024-04-26 On April 25, CNOOC Limited announced its operating results for the first quarter of 2024. In the first quarter, the company pressed ahead with oil and gas exploration and development, advanced the enhancement of quality and efficiency, and consolidated its advantage of cost competitiveness. Net production of oil and gas and net profit attributable to equity shareholders achieved strong growth, ...

CNOOC Limited Announces a Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 2... Published： 2024-03-18 On March 18, CNOOC Limited announced that the company has made a major oilfield discovery of Qinhuangdao 27-3 in Bohai Sea, which adds over a hundred million tons of oil equivalent proved in-place volume. Qinhuangdao 27-3 Oilfield is located in the north-central waters of the Bohai Sea, with an average water depth of approximately 25 meters.

CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Kaiping South... Published： 2024-03-08 On March 8, CNOOC Limited announced that the company has made a major oilfield discovery of Kaiping South in the deep-water deep-play of the South China Sea, which adds over a hundred million tons of oil equivalent proved in-place volume.

CNOOC Limited Announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and ... Published： 2024-02-05 On February 5, 2024, CNOOC Limited announced that Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project has commenced production. The project is located in Liaodong Bay of Bohai Sea, with an average water depth of approximately 30 meters. The main production facilities include 2 new central processing platforms and 2 new wellhead platforms.

CNOOC Limited Announces 2024 Business Strategy and Development Plan Published： 2024-01-26 On January 25, 2024, CNOOC Limited announced its business strategy and development plan for the year 2024. 　　- Continue to increase reserves and production, significantly gear up annual production targets 　　- Focus on investment efficiency...

CNOOC Limited Announces Lufeng Oilfields Phase II Development Project Commences P... Published： 2024-01-03 On January 3, 2024, CNOOC Limited announced that Lufeng Oilfields Phase II Development Project has commenced production. The project is located in the eastern South China Sea, with an average water depth of approximately 136 meters. It consists of Lufeng 8-1 Oilfield, Lufeng 9-2 Oilfield and Lufeng 14-8 Oilfield.