China National Offshore Oil Corporation

CNOOC Limited Announces Huizhou 32-5 Oilfield Comprehensive Adjustment/Huizhou 33-1 Oilfield Joint Development Project Commences Production

Retrieved on: 
Wednesday, January 16, 2019
China National Offshore Oil Corporation, Huizhou, CNOOC Limited, Geography of China, Government of China, Energy

HONG KONG, Jan. 16, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU)announced today that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production.

Key Points: 
  • HONG KONG, Jan. 16, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU)announced today that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production.
  • Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project is located in south-central part of the eastern South China Sea, approximately 170 kilometers from Hong Kong, with a water depth of approximately 115 meters.
  • In addition to fully utilizing the existing facilities of Huizhou 25-8 oilfield, the project has also built one drilling and production platform.
  • CNOOC Limitedholds 100% interest in Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project and acts as the operator.

Hess Provides Update on Drilling and Development Activities Offshore Guyana

Retrieved on: 
Monday, January 7, 2019
Energy, Oil, Gas, Transport, Maritime, Natural Resources, Other Natural Resources, Professional services, Finance, Petroleum industry, Energy, Petroleum, Offshore engineering, Petroleum production, Floating production storage and offloading, Oil storage, China National Offshore Oil Corporation, Nexen, Hess Corporation, GUYANA, Offshore

Hess Corporation (NYSE: HES) said today that drilling has begun on the Haimara-1 exploration well offshore Guyana, the first of two planned exploration wells in January.

Key Points: 
  • Hess Corporation (NYSE: HES) said today that drilling has begun on the Haimara-1 exploration well offshore Guyana, the first of two planned exploration wells in January.
  • The Liza Destiny FPSO is expected to sail from Singapore to arrive offshore Guyana in the third quarter of 2019.
  • Drilling and development operations offshore Guyana are unaffected by the incident, which occurred more than 110 kilometers northwest of the Ranger discovery.
  • Hess Guyana Exploration Ltd. holds a 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds a 25 percent interest.

CNOOC Limited Announces Egina Field Commenced Production

Retrieved on: 
Wednesday, January 2, 2019
Akpo, Energy, Petroleum industry, Floating production storage and offloading, China National Offshore Oil Corporation, CNOOC Limited, Subsea, Natural gas, Theophilus Danjuma, Bonga Field

HONG KONG, Jan. 2, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today Egina Field, located in deepwater offshore Nigeria, has commenced production.

Key Points: 
  • HONG KONG, Jan. 2, 2019 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today Egina Field, located in deepwater offshore Nigeria, has commenced production.
  • The field development consists of a Floating Production Storage and Offloading (FPSO) unit and a Subsea Production System.
  • Initially discovered in 2003, the Egina field is the second development in production on the Oil Mining Lease(OML) 130 following the Akpo field which started-up in 2009.
  • CNOOC E&P Nigeria Limited, a wholly-owned subsidiary of CNOOC Limited, holds 45% interest of OML 130 block, in partnership with the Nigerian National Petroleum Corporation (NNPC).

Ecopetrol expands its presence in Brazil's Pre-Salt in alliance with Shell and Chevron

Retrieved on: 
Friday, December 21, 2018
Business, Petroleum industry, Energy, Ecopetrol, China National Offshore Oil Corporation, BP, Chevron Corporation

The Saturno block consists of 1,100 square kilometers and is located off the coast of the states of So Paulo and Ro de Janeiro.

Key Points: 
  • The Saturno block consists of 1,100 square kilometers and is located off the coast of the states of So Paulo and Ro de Janeiro.
  • The consortium originally made up of Shell and Chevron executed a proposal with a production stake of 70.2% in favor of the Brazilian State.
  • Ecopetrol holds a 10% interest in the block's new composition, while Shell, the operator, and Chevron each hold a 45% interest.
  • Ecopetrol holds 20% of the Pau-Brasil exploratory block, while the Chinese company CNOOC holds 30% and the operator BP holds 50%.

CNOOC Limited Announces Changes in Directors

Retrieved on: 
Friday, April 27, 2018
Economy, Business, China National Offshore Oil Corporation, Board of directors, Finance in China, Hong Kong Stock Exchange, CNOOC Limited, New York Stock Exchange

HONG KONG, April 27, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced changes in directors of the Company.

Key Points: 
  • HONG KONG, April 27, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced changes in directors of the Company.
  • The aforementioned changes take effect from 27 April 2018.
  • Mr. Wu has served on the Company's Board of Directors for nearly 13 years, as an Executive Director and Non-executive Director successively.
  • The Board of Directors would like to express their appreciation and gratitude to Mr. Wu Guangqi for his outstanding contributions to the Company during his term as a director.