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Latest CNOOC Stories

2010-10-19 19:30:00

HONG KONG, Oct. 19 /PRNewswire-Asia/ -- CNOOC Limited ("the Company", NYSE: CEO, SEHK: 883) announced today that its two new oil fields, BoZhong ("BZ") 26-3 and LuDa ("LD") 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development and production operations of BZ 26-3 mainly rely on the facilities of its...

2010-09-10 03:30:00

HONG KONG, Sept. 10 /PRNewswire-Asia/ -- The Board of Directors (the "Board") of CNOOC Limited ("the Company", NYSE: CEO, HKEx: 883) announces today that Mr. Zhong Hua will succeed Mr. Yang Hua as new Chief Financial Officer ("CFO") of the Company. The appointment will be effective from 16 September 2010. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) Mr. Zhong Hua joined CNOOC in 1982, and has been working in the oil and gas industry for over 28 years. He received his...

2010-09-07 04:30:00

HONG KONG, Sept. 7 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, HKEx: 00883) announced today that its parent company, China National Offshore Oil Corporation ("CNOOC") has signed amendment agreements to the Production Sharing Contracts (PSCs) with Chevron China ("Chevron"), BP China ("BP") and Devon Energy Corporation ("Devon") for deepwater blocks 42/05, 64/18 and 53/30 in South China Sea. These agreements have been approved by the Chinese government. (Logo:...

2010-08-19 03:30:00

HONG KONG, Aug. 19 /PRNewswire-Asia/ -- The board of directors (the "Board") of CNOOC Limited ("the Company" or "CNOOC Ltd," NYSE: CEO, HKEx: 883) today announces that Mr. Fu Chengyu will resign from the role of Chief Executive Officer of the Company and remains the role of Chairman of the Board. Mr. Yang Hua will be appointed as new Chief Executive Officer of the Company and new Vice Chairman of the Board. Mr. Yang will resign from the role of President and Chief Financial Officer of the...

2010-08-19 03:30:00

HONG KONG, Aug. 19 /PRNewswire-Asia/ -- CNOOC Limited (the "Company" or "CNOOC Ltd.", NYSE: CEO, HKEx: 00883) announced today that the Company achieved a record net production of 149.0 million barrels of oil equivalent (BOE) in the first half of 2010, representing an increase of 40.8% year-on-year (YOY). The net profit amounted to RMB25.99 billion, up 109.6% YOY. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) The production growth of the first half of 2010 was mainly...

2010-08-09 03:45:00

HONG KONG, Aug. 9 /PRNewswire-Asia/ -- CNOOC Limited ("the Company" or "CNOOC Ltd," NYSE: CEO, HKEx: 883) is pleased to announce today that Bozhong (BZ) 19-4 (shallow formation) oil field in the Bohai Bay has commenced production recently. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) This oil field is located in the southwest part of Bohai Bay. With an averaged water depth of about 21 meters, the field is approximately 7 kilometers northwest of BZ 25-1 oilfield....

2010-07-22 04:30:00

HONG KONG, July 22 /PRNewswire-Asia/ -- CNOOC Limited ("the Company" or "CNOOC Ltd," NYSE: CEO, HKEx: 883) is pleased to announce today that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) BZ 29-4 oil field, with an averaged water depth of about 22 meters, is located in the south part of Bohai Bay. The field's development and production operation will mainly rely on the facilities...

2010-06-18 05:00:00

HONG KONG, June 18 /PRNewswire-Asia/ -- CNOOC Limited (the "Company" or "CNOOC Ltd.", NYSE: CEO, HKEx: 00883) announced today that the Company has completed its acquisition of 24.5% participation interests in Block 15/34 from Devon Energy Corporation ("Devon") for a total consideration of US$515 million. The transaction was signed on April 30, 2010. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) CNOOC Ltd. acts as the Operator in Block 15/34. Currently gross...

2010-06-08 04:00:00

HONG KONG, June 8 /PRNewswire-Asia/ -- CNOOC Limited ("the Company" or "CNOOC Ltd," NYSE: CEO; SEHK: 883) announced today that its BZ25-1/BZ25-1South oilfields, which suspended production due to facility damage caused by strong winds in November 2009, are back into production. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) Currently, the production capability of BZ25-1/BZ25-1South oilfields has recovered to its normal level. The fields can produce about 27,000 barrels...

2010-05-17 04:20:00

HONG KONG, May 17 /PRNewswire-Asia/ -- CNOOC Limited ("the Company" or "CNOOC Ltd," NYSE: CEO; SEHK: 883) is pleased to announce today that, the Company, via its wholly owned subsidiary -- CNOOC International Limited, together with Turkish Petroleum Corporation (TPAO), have signed a technical service contract ("TSC") for the development and production of the Missan Oil Fields within Iraq. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) The Missan Oil Fields are located...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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