Latest CNOOC Stories

HOUSTON, Sept. 11, 2011 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that CNOOC Palung Aru Ltd. ("CNOOC") has awarded a contract for the drillship Energy Searcher. The contract is for one well offshore Indonesia and has an expected duration of from 60-90 days, including travel time from and back to Singapore. Commencement is expected during October 2011. The estimated contract value for the program is from US$18-25 million, including mobilization fees. Gary W....

HONG KONG, Sept. 11, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced that State Oceanic Administration of People's Republic of China?"SOA"?, according to its decision on September 2, 2011, required ConocoPhillips China Inc ("COPC"), the Operator of Penglai 19-3 oil field to, on the condition of imposing no further environmental damage, develop an effective plan for fluid discharge and depressurization ("Depressurization Plan") in order to ensure...

HONG KONG, Sept. 4, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) noticed that on September 2, 2011 State Oceanic Administration of People's Republic of China ("SOA") announced, through SOA's official website, that ConocoPhillips China Inc ("COPC"), as the Operator of Penglai (PL) 19-3 oil field, has neither completely screened out the oil spill risks nor completely sealed the sources of oil spillage. The SOA also announced that, according to the analysis of...

HONG KONG, Aug. 24, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced its interim results as of June 30, 2011. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) The Company's total net oil and gas production amounted to 168.7 million barrels of oil equivalent (BOE), representing an increase of 12.9% year-on-year (YOY). This is mainly attributed to: firstly, the new oilfields and development wells which continued to introduce new momentum to the...

SHANGHAI, Aug. 15, 2011 /PRNewswire-Asia/ -- 6th Asia LNG Summit (organized by CPPEI and Global Leaders Institute, Shanghai, China, Oct 26th - 28th) supported by the top three oil companies in China - CNOOC, CNPC and Sinopec - attracted more than 1,000 participants from 2006 to 2010. The recovery in global LNG consumption in 2010, combined with anticipated gas demand growth in emerging economies of Asia-Pacific region presents opportunities for LNG exports, as does growing demand in...

HONG KONG, Aug. 12, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced that, according to the latest statement by ConocoPhillips China Inc ("COPC"), the Operator of Penglai 19-3 oil field, more oil-based drilling mud (OBM) on the sea floor was identified. This addition brings the revised volume of OBM on the seabed to 400 cubic meters (2,500 barrels). The volume of oil released to the sea surface remains at 114 cubic meters (717 barrels). The total...

HONG KONG, July 25, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883) announced today that, BoZhong 28-2 South ("BZ 28-2S") oilfields which suspended operation in this April due to a malfunction occurred on the Single Point Mooring System, has restarted production. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) Currently the operation in BZ 28-2S oilfields is running smoothly. The production capacity of the oil fields has recovered to the level before...

HONG KONG, July 15, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced, according to the latest statement by ConocoPhillips China Inc ("COPC"), the Operator of Penglai 19-3 field, the current estimate of the aggregate amount of fluid spilled from the two incidents is approximately 1,500 barrels (240 cubic meters) of oil and oil-based drilling fluids. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) According to COPC, it is working with...

HONG KONG, July 13, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced today that ConocoPhillips China Inc ("COPC") , the Operator of Penglai 19-3 field informed the Company that the State Oceanic Administration of People's Republic of China ("SOA") has required COPC to suspend the production of Platform B and C of the field until the risk of oil spill is eliminated. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg) According to the latest report...

HONG KONG, July 12, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced today that, on July 12(th), a minor oil leak occurred in Suizhong (SZ) 36-1 oilfield, located in Bohai Bay. The leaking source was disconnected immediately. Till now, the oil sheen on the sea surface is being cleared effectively. The remaining scattered oil sheen is expected to be cleaned up today. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) At 1:30 am of 12(th) July,...