China National Offshore Oil Corporation

ExxonMobil Announces New Discovery at Longtail-3 Offshore Guyana

Retrieved on: 
Wednesday, June 9, 2021
Oil, Gas, Energy, Companies, Countries, China National Offshore Oil Corporation, ExxonMobil, Oil and gas companies, GUYANA, CNOOC Limited, Mining in Guyana

ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana.

Key Points: 
  • ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana.
  • ExxonMobil has deployed two additional drillships in the first quarter of 2021; the Stena DrillMAX and the Noble Sam Croft to enable further exploration and evaluation, while continuing development drilling activities offshore Guyana.
  • ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.

CNOOC Limited Announces Liuhua 29-2 Gas Field Commences Production

Retrieved on: 
Thursday, May 6, 2021
Petroleum industry, China National Offshore Oil Corporation, Subsea, Wellhead, Energy industry

b'HONG KONG, May 6, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-2 gas field has commenced production.\nThe Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of Hong Kong, with water depth of about 750 meters.

Key Points: 
  • b'HONG KONG, May 6, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-2 gas field has commenced production.\nThe Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of Hong Kong, with water depth of about 750 meters.
  • A new subsea wellhead has been built, with 1 development well planned, which will fully utilize the existing production facilities of Liwan 3-1 gas field and other deepwater gas fields.
  • It is expected to reach a peak production of approximately 41 million cubic feet of natural gas per day in 2021.\nCNOOC Limited holds 100% interest of Liuhua 29-2gas field and acts as the operator.\nThis press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements regarding expected future events, business prospectus or financial results.
  • The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements.

Hess Announces Oil Discovery at Uaru-2, Offshore Guyana

Retrieved on: 
Tuesday, April 27, 2021
Professional services, Other Energy, Other Professional Services, Oil, Gas, Energy, Finance, Companies, Oil and gas companies, China National Offshore Oil Corporation, Oil companies, Hess Corporation, CNOOC Limited, ExxonMobil, Hess toys, Mining in Guyana, Petroleum industry in Guyana

ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block.

Key Points: 
  • ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.\nHess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
  • Investors are urged to consider closely the oil and gas disclosures in Hess Corporation\xe2\x80\x99s Form 10-K, File No.
  • 1-1204, available from Hess Corporation, 1185 Avenue of the Americas, New York, New York 10036 c/o Corporate Secretary and on our website at www.hess.com .

CNOOC Limited Announces Caofeidian 6-4 Oilfield Commences Production

Retrieved on: 
Monday, March 15, 2021
China National Offshore Oil Corporation, Tangshan, Caofeidian, CNOOC Limited, Companies, Hong Kong Stock Exchange, Oil and gas companies, Finance in China

HONG KONG, March 15, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Caofeidian 6-4 oilfield has commenced production.

Key Points: 
  • HONG KONG, March 15, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Caofeidian 6-4 oilfield has commenced production.
  • Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with average water depth of about 20 meters.
  • Guided by the vision of green development, Caofeidian 6-4 oilfield will actively promote green and low-carbon production.
  • CNOOC Limited holds a 100% interest in Caofeidian 6-4 oilfield and acts as the operator.

CNOOC Limited Announces a Large-sized Oil and Gas Discovery of Bozhong 13-2 in Bohai

Retrieved on: 
Monday, February 22, 2021
China National Offshore Oil Corporation, CNOOC Limited, Companies, Oil and gas companies

HONG KONG, Feb. 21, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay.

Key Points: 
  • HONG KONG, Feb. 21, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay.
  • The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23.2 meters.
  • The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 meters, and encountered oil pay zones with a total thickness of approximately 346 meters.
  • The well was tested to produce an average of approximately 1,980 barrels of crude oil and 5.25 million cubicfeet of natural gas per day.

CNOOC Limited Announces Penglai 25-6 Oilfield Area 3 Project Commences Production

Retrieved on: 
Monday, December 14, 2020
China National Offshore Oil Corporation, CNOOC Limited, Bohai Sea, Companies, Bohai Bay oil spill

HONG KONG, Dec. 14, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule.

Key Points: 
  • HONG KONG, Dec. 14, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule.
  • The Penglai 25-6 oilfield area 3 project is located in the south central Bohai Sea, with average water depth of about 27 meters.
  • The project is expected to reach its peak production of approximately 11,511 barrels of crude oil per day in 2023.
  • CNOOC Limited holds a 51% interest in Penglai 25-6 oilfield area 3 project and acts as the operator.

CNOOC Limited Announces Liuhua 29-1 Gas Field Commences Production

Retrieved on: 
Monday, November 2, 2020
China National Offshore Oil Corporation, Companies, Husky Energy, CNOOC Limited, Oil companies

HONG KONG, Nov. 2, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-1 gas field has commenced production.

Key Points: 
  • HONG KONG, Nov. 2, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-1 gas field has commenced production.
  • The Liuhua 29-1 gas field is located in the eastern South China Sea, 86 kilometers northeast of Liwan 3-1 gas field, with water depth of about 640 to 785 meters.
  • The gas field will fully utilize the existing production facilities of Liuhua 34-2 gas field and Liwan 3-1 gas field.
  • CNOOC Limited has a 25% working interest in Liuhua 29-1 gas field and acts as the operator in shallow water, while Husky Oil China Limited holds the remaining 75% working interest and acts as the operator in deep water.

Hess Sanctions Payara Development, Offshore Guyana

Retrieved on: 
Wednesday, September 30, 2020
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Petroleum industry, Countries, Companies, China National Offshore Oil Corporation, Hess Corporation, CNOOC Limited, Floating production storage and offloading, GUYANA

Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana.

Key Points: 
  • Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana.
  • Hess net share of development costs excluding pre-sanction costs and FPSO purchase cost is forecast to be approximately US$1.8 billion.
  • We thank the Government of Guyana for their support and look forward to realizing the full potential of this world class resource.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.

Husky Completes Commissioning At Liuhua 29-1

Retrieved on: 
Tuesday, September 29, 2020
Oil companies, Companies, Husky Energy, Industries, China National Offshore Oil Corporation, BP

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE)today announced commissioning is complete at the third field at the Liwan Gas Project offshore China.

Key Points: 
  • CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE)today announced commissioning is complete at the third field at the Liwan Gas Project offshore China.
  • The startup of Liuhua 29-1 just two years after the project was sanctioned is a significant milestone for Husky and CNOOC, said CEO Rob Peabody.
  • In total, the Liwan Gas Project is expected to deliver around $950 million in funds from operations in 2021, Husky working interest.
  • The Liuhua 29-1 field alone is expected to generate $1.3 billion in funds from operations for Husky over the next decade.

CNOOC Limited Announces Jinzhou 25-1 Oilfield 6/11 Area Commences Production

Retrieved on: 
Monday, September 28, 2020
China National Offshore Oil Corporation, Jinzhou, Liaodong Bay, Cities in China, Geography of China, China

HONG KONG, Sept. 28, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU)announced today that Jinzhou 25-1 oilfield 6/11 area has commenced production.

Key Points: 
  • HONG KONG, Sept. 28, 2020 /PRNewswire/ --CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU)announced today that Jinzhou 25-1 oilfield 6/11 area has commenced production.
  • Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters.
  • In addition to fully utilizing the existing facilities of Jinzhou 25-1 oilfield and Jinzhou 25-1S oilfield, the project has built one eight-legged wellhead platform.
  • CNOOC Limited holds 100% interest of Jinzhou 25-1 oilfield 6/11 area.