CNOOC
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At peak, the new discoveries are expected to contribute more than 12,000 BOPD. -
The Lake Albert project includes the development of oil fields, processing facilities, and an electrically heated pipeline network.
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Field cluster in the South China Sea expected to produce over 45,000 B/D of oil in 2023.
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At peak, combined fields should produce more than 12,600 B/D of oil.
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The discovery well is located in the south-western Ring of Bozhong Sag in the Bohai Bay where average water depth is about 23 m.
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CNOOC’s Bohai Sea Project has started production ahead of schedule.
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Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.
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Xu Keqiang took the reins as CEO of the Chinese national oil company on 19 November. Meanwhile, more oil is flowing from the offshore Caofeidian 11-1/11-6 oilfield project.
