China National Offshore Oil Corporation

Hess Announces Oil Discovery Offshore Guyana at Mako-1

Retrieved on: 
Monday, December 23, 2019
Finance, Utilities, Oil, Gas, Professional services, Alternative energy, Energy, Other Natural Resources, Mining, Minerals, Natural Resources, Companies, China National Offshore Oil Corporation, CNOOC Limited, Hess Corporation, Oil companies, Hess Oil and Chemical, Petroleum exploration in Guyana

Hess Corporation (NYSE: HES) today announced another oil discovery on the Stabroek Block offshore Guyana at the Mako-1 well southeast of the Liza Field.

Key Points: 
  • Hess Corporation (NYSE: HES) today announced another oil discovery on the Stabroek Block offshore Guyana at the Mako-1 well southeast of the Liza Field.
  • The discovery adds to the current gross recoverable resource estimate of more than 6 billion barrels of oil equivalent.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.
  • Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

ExxonMobil Begins Oil Production in Guyana

Retrieved on: 
Saturday, December 21, 2019
Oil, Gas, Energy, Companies, Countries, Oil companies, CNOOC Petroleum North America ULC, GUYANA, China National Offshore Oil Corporation, ExxonMobil, Petroleum exploration in Guyana

ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.

Key Points: 
  • ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.
  • Through our continued workforce development and community investments, we are making a positive impact in Guyana, said Rod Henson, president of ExxonMobils Guyana affiliate.
  • Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.

ExxonMobil Discovers Oil Offshore Guyana at Mako-1 Well

Retrieved on: 
Monday, December 23, 2019
Oil, Gas, Energy, Companies, Countries, Oil companies, China National Offshore Oil Corporation, ExxonMobil, XOM, GUYANA, CNOOC Limited, Petroleum exploration in Guyana

ExxonMobil (NYSE:XOM) said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block.

Key Points: 
  • ExxonMobil (NYSE:XOM) said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block.
  • New discoveries in this world-class basin have the potential to support additional developments, said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil.
  • 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 Appointment of Chief Executive Officer

Retrieved on: 
Tuesday, November 19, 2019
China National Offshore Oil Corporation, CNOOC Limited, Companies, Xu, Fu Chengyu

HONG KONG, Nov. 19, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced Mr. Xu Keqiang, an existing Executive Director and President of the Company, has been appointed as the Chief Executive Officer of the Company with effect from 19 November 2019.

Key Points: 
  • HONG KONG, Nov. 19, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced Mr. Xu Keqiang, an existing Executive Director and President of the Company, has been appointed as the Chief Executive Officer of the Company with effect from 19 November 2019.
  • The Board would like to take this opportunity to offer Mr. Xu its sincere congratulations on his appointment as the Chief Executive Officer of the Company.
  • In May 2017, Mr. Xu was appointed as a Director of CNOOC China Limited, a subsidiary of the Company.
  • Mr. Xu has been appointed as the Chief Executive Officer of the Company with effect from 19 November 2019.

Update on Award in CNOOC Arbitration

Retrieved on: 
Monday, September 16, 2019
China National Offshore Oil Corporation, Arbitration

Some of the statements in this news release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Primeline.

Key Points: 
  • Some of the statements in this news release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Primeline.
  • These statements relate to Primelines expectation that it will ultimately be successful in the CNOOC Arbitration, and that the banks(the Syndicate Banks) which have provided Primelines project financing for the LS 36-1 development (the Syndicate Facility) will continue to take no enforcement action as a result of Primelines previously announced default under the Syndicate Facility pending the making of the award in the CNOOC Arbitration.
  • Primeline may not be successful in the CNOOC Arbitration, and if it is successful Primeline may be unable to enforce the award of the tribunal.
  • The Syndicate Banks may take enforcement action prior to the making of the award in the CNOOC Arbitration.

Hess Announces Another Oil Discovery Offshore Guyana at Tripletail

Retrieved on: 
Monday, September 16, 2019
Oil, Gas, Commercial Building & Real Estate, Alternative energy, Construction & Property, Energy, Finance, Professional services, Other Natural Resources, Natural Resources, Other Energy, Utilities, Companies, China National Offshore Oil Corporation, CNOOC Limited, Hess Corporation, Oil companies, Hess Oil and Chemical, Petroleum exploration in Guyana

Hess Corporation (NYSE: HES) today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana.

Key Points: 
  • Hess Corporation (NYSE: HES) today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana.
  • Tripletail is the 14th discovery on the Stabroek Block and further underpins the Turbot area as a major development hub, said CEO John Hess.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.
  • Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

China LNG Industry Report 2019-2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 3, 2019
Oil, Gas, Energy, Fuel gas, Fuels, Industrial gases, Chemical substances, Liquefied natural gas, Petroleum production, Natural gas, Liquefied natural gas in Canada, China National Offshore Oil Corporation

The "Report on the Chinese LNG industry 2019-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Report on the Chinese LNG industry 2019-2024" report has been added to ResearchAndMarkets.com's offering.
  • LNG is a form of compressed and liquefied natural gas that eliminates potentially useless or harmful substances for downstream industry usage.
  • Northwest China and Northern China are the main producers of LNG in China, with each producing 36% and 35% of total LNG production respectively.
  • Australia is the largest source of LNG imports in China with a total of 23,52 million tons of LNG imported from Australia alone.

Hess Announces Arrival of Liza Destiny Offshore Guyana

Retrieved on: 
Thursday, August 29, 2019
Oil, Gas, Commercial Building & Real Estate, Alternative energy, Construction & Property, Energy, Finance, Professional services, Other Natural Resources, Natural Resources, Other Energy, Utilities, Petroleum industry, Countries, Companies, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, China National Offshore Oil Corporation, Hess Corporation, CNOOC Limited, GUYANA

Hess Corporation (NYSE: HES) today announced that the Liza Destiny, Guyanas first oil production vessel, has arrived at the Stabroek Block.

Key Points: 
  • Hess Corporation (NYSE: HES) today announced that the Liza Destiny, Guyanas first oil production vessel, has arrived at the Stabroek Block.
  • This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
  • After clearing customs, hookup and installation of the Liza Destiny FPSO will begin.
  • 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 Appomattox Field Commence Production

Retrieved on: 
Thursday, May 23, 2019
China National Offshore Oil Corporation, CNOOC Limited, Companies

HONG KONG, May 23, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule.

Key Points: 
  • HONG KONG, May 23, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule.
  • Appomattox is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation and has an expected peak production of 175,000 barrels of oil equivalent per day.
  • Mr. Yuan Guangyu,CEOof CNOOC Limited commented, "We are very pleased with the commencement of production ahead of schedule, as well as the cost reduction that were achieved through optimization and innovation at Appomattox.
  • CNOOC Petroleum Offshore U.S.A. Inc., a wholly owned subsidiary of CNOOC Limited, holds 21% interest in the Appomattox Field.

Hess Sanctions Liza Phase 2 Development Offshore Guyana

Retrieved on: 
Friday, May 3, 2019
Energy, Alternative energy, Oil, Gas, Utilities, Other Energy, Natural Resources, Other Natural Resources, Professional services, Finance, Construction & Property, Commercial Building & Real Estate, Countries, Companies, China National Offshore Oil Corporation, Hess Corporation, CNOOC Limited, International organizations, GUYANA, Hess Oil and Chemical, Petroleum exploration in Guyana

Hess Corporation (NYSE: HES) today announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana.

Key Points: 
  • Hess Corporation (NYSE: HES) today announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana.
  • We are excited to achieve another significant milestone in the development of the Stabroek Block, CEO John Hess said.
  • The Noble Bob Douglas drillship is currently completing development drilling operations for the Liza Phase 1 development.
  • Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.