Tuesday, February 9, 2021

China’s CNOOC Delivers 53,000 Tonne Offshore Platform to Deepwater Field

SINGAPORE, Feb 9 (Reuters) – China’s offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project...

February 9, 2021
Total Views: 4568

Thursday, January 14, 2021

U.S. Adds Chinese Oil Giant CNOOC to Blacklist

By David Shepardson, Alexandra Alper and David Brunnstrom WASHINGTON, Jan 14 (Reuters) – The United States announced sanctions on Chinese state-owned enterprise and military officials on Thursday and added Chinese...

January 14, 2021
Total Views: 1242

Friday, December 4, 2020

CNOOC Among Four Chinese Companies Added to U.S. Blacklist

By Tony Capaccio (Bloomberg) — The Pentagon added four more Chinese companies to a list of firms it says are owned or controlled by China’s military, exposing them to increased scrutiny and potential...

December 4, 2020
Total Views: 3266

Friday, June 16, 2017

Exxon, CNOOC, Hess Partner On $4.4 Billion Mega Oil Project In Guyana

By Ernest Scheyder (Reuters) Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of Guyana, approving...

June 16, 2017
Total Views: 32

Wednesday, October 26, 2016

Sales Drop for China Offshore Producer Cnooc

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 15 percent fall in third-quarter sales as output declined with capital spending. Revenue from oil...

October 26, 2016
Total Views: 1

Friday, March 25, 2016
Maritime News

CNOOC Beats Estimates as Spending Cuts Cushion Oil Crash

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost cuts countered a decline in energy prices....

March 25, 2016
Total Views: 0

Tuesday, January 19, 2016
Maritime News

China Offshore Driller CNOOC to Cut Output for First Time Since 1999

Aibing Guo and Rakteem Katakey (Bloomberg) — China’s largest offshore oil company will cut output for the first time in more than a decade, prompting speculation the nation’s producers are...

January 19, 2016
Total Views: 1

Wednesday, October 28, 2015

China Offshore Producer Cnooc’s Revenue Dips 32% on Lower Oil Prices

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 32 percent decline in third-quarter sales as a slump in energy prices outpaced a...

October 28, 2015
Total Views: 11

Wednesday, August 26, 2015

CNOOC Profit Falls as Oil Collapse Outweighs Cuts

  By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, said first-half profit slumped as higher output and lower costs were overwhelmed by a collapse...

August 26, 2015
Total Views: 0

Friday, April 24, 2015
CNOOC Oriental offshore production

CNOOC Keeps Annual Output Target as Sales Slump

Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40 percent plunge in first-quarter sales.

April 24, 2015
Total Views: 1

Thursday, April 16, 2015
liuhua 11-1 tlp project

Technip Wins CNOOC Tension Leg Platform FEED Project

Liuhua, China’s largest offshore oil field with an estimated 1 billion barrels of oil in place, will be developed via a pair of tensioned leg platforms (TLPs), floating structures that...

April 16, 2015
Total Views: 27

Tuesday, February 3, 2015
CNOOC Oriental offshore production

China’s Cnooc to Increase Output, Even as Oil Plunge Spurs Spending Cut

Cnooc Ltd., China’s biggest offshore oil and gas producer, plans to increase production by as much as 15 percent this year even as the plunge in the price of crude oil compels it to cut capital expenditure.

February 3, 2015
Total Views: 0

Thursday, November 13, 2014
cnooc logo

CNOOC Gas and Power Executive Under Probe for Suspected Graft

A senior official of China National Offshore Oil Company (CNOOC) is under investigation suspected of having received bribes...

November 13, 2014
Total Views: 6

Monday, August 18, 2014
nakilat mozah q-max lng carrier

Q-Max LNG Carrier Delivers Commissioning Cargo to Hainan LNG Terminal

Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Oil Corporation's (CNOOC) Hainan LNG terminal located in the Hainan province, a company statement said on Monday.

August 18, 2014
Total Views: 3

Monday, May 5, 2014

Vietnam Protests Against China’s “Mobile Sovereign Territory” aka Deepwater Drilling Rig

May 5 (Bloomberg) — Vietnam denounced China for setting up an exploration rig in waters off its central coast disputed by the two nations, raising the prospect of an escalation...

May 5, 2014
Total Views: 13

Sunday, October 20, 2013

China Bids For World’s Largest Deepwater Oil Field

For Chinese oil companies, competing in Brazil’s auction today for the giant Libra field represents a change in strategy. A successful bid would be their riskiest Latin American investment. Cnooc...

October 20, 2013
Total Views: 11

Thursday, August 22, 2013
cnooc logo

CNOOC Said to Seek $3 Billion in Loans

Aug. 22 (Bloomberg) — China National Offshore Oil Corp., parent of the nation’s biggest offshore energy explorer Cnooc Ltd., is seeking to raise $3 billion of loans, according to two...

August 22, 2013
Total Views: 8

Tuesday, May 21, 2013

LNG Carrier New Build Ordered from COSCO Dalian

COSCO Corporation announced today that their subsidiary, COSCO (Dalian) Shipyard Co. Ltd, secured a RMB500 million (USD $81 million) contract today from an undisclosed Chinese ship owner to build a...

May 21, 2013
Total Views: 7

Thursday, May 2, 2013
gdf suez cape ann Höegh LNG

GDF Suez Charters China’s First Floating Storage and Regas Unit

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of this agreement was a plan...

May 2, 2013
Total Views: 9

Saturday, March 2, 2013

CNOOC Said to Cede Operating Control of Nexen’s U.S. Gulf Assets

By Rebecca Penty and Sara Forden (Bloomberg) — Cnooc Ltd., China’s largest offshore oil and natural gas producer, was barred from controlling Gulf of Mexico oilfields under U.S. terms for its $15.1 billion...

March 2, 2013
Total Views: 7