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CNOOC to increase oil and gas production, exploration, asset development in 2024

In 2024, net production target is 700 MMboe to 720 MMboe, of which production from China and overseas accounts for approximately 69% and 31%, respectively. The net production target is 780 MMboe to 800 MMboe in 2025, and 810 MMboe to 830 MMboe in 2026.
South China Sea Brunei General Bohai Sea Development Demonstration Phase Ii Natural Gas Development Oilfield Development

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CNOOC Limited Discovers Deep Coalbed Methane Field with Proved Gas In-place of over 100 Billion Cubic Meters

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that it has discovered the Shenfu deep coalbed methane (CBM) field in China, adding proved gas in-place of over 100 billion cubic meters.
China General Cui Liu Bunny Lee Xu Changgui Zhou Xinhuai Porda Havas International Finance Communications Group
Source: yahoo.com

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