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The cumulative crude oil output from the Enping Oil Field has exceeded 200 million barrels！
Recently, the Enping Oil Field, operated by CNOOC Limited-Shenzhen Branch, successfully completed its 453rd crude oil offloading operation. To date, the field's cumulative crude oil exports have surpassed 200 million barrels. The Enping Oil Field comprises nine productio...Read more -
China’s first offshore carbon storage project achieves major progress, exceeding 100 million cubic meters
On September 10, China National Offshore Oil Corporation (CNOOC) announced that the cumulative carbon dioxide storage volume of the Enping 15-1 oilfield carbon storage project—China’s first offshore CO₂ storage demonstration project located in the Pearl River Mouth Basin—has exceeded 100 million...Read more -
Peak daily oil production exceeds ten thousand barrels! The Wenchang 16-2 oil field commences production
On September 4, China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Wenchang 16-2 oil field development project. Located in the western waters of the Pearl River Mouth Basin, the oil field sits at a water depth of approximately 150 meters. The project p...Read more -
5 million tons! China achieves new breakthrough in cumulative offshore heavy oil thermal recovery production!
On August 30, China National Offshore Oil Corporation (CNOOC) announced that China’s cumulative offshore heavy oil thermal recovery production had exceeded 5 million tons. This marks a critical miled stone in the large-scale application of offshore heavy oil thermal recovery technology syst...Read more -
Breaking News: China Discovers Another Gigantic Gas Field with Reserves Exceeding 100 Billion Cubic Meters!
▲Red Page Platform 16 Exploration and Development Site On August 21, it is announced from Sinopec’s news office that the Hongxing Shale Gas Field operated by Sinopec Jianghan Oilfield has successfully obtained certification from the Ministry of Natural Resources for its proven shale gas re...Read more -
China discovers another enormous gas field with reserves of 100 billion cubic meters!
On August 14, according to the news office of Sinopec, another major breakthrough was achieved in the “Deep Earth Engineering · Sichuan-Chongqing Natural Gas Base” project. The Southwest Petroleum Bureau of Sinopec submitted the Yongchuan Shale Gas Field’s newly verified proven...Read more -
CNOOC Announces Production Start-up at Guyana’s Yellowtail Project
China National Offshore Oil Corporation Announces Early Commencement of Production at the Yellowtail Project in Guyana. The Yellowtail project is located in the Stabroek Block offshore Guyana, with water depths ranging from 1,600 to 2,100 meters. The main production facilities include one Floati...Read more -
BP Makes Largest Oil and Gas Discovery in Decades
BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years. BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro, in a water d...Read more -
CNOOC Brings New Offshore Gas Field On Stream
China’s state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China. The dongfang 1-1 gas field 13-3 Block development project is the first high-temperature, high-pressure, low-permea...Read more -
China’s 100-million-ton-class mega oilfield begins production in Bohai Bay
hina’s state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China. The project is located in southern Bohai Bay, with an average water depth of about 20 meters...Read more -
CNOOC Finds Oil and Gas in South China Sea
China’s state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf. The Weizhou 10-5 S...Read more -
Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand
Borr Drilling’s Mist jack-up (Credit: Borr Drilling) Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig. During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling r...Read more
