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The Enping oilfields joint development project, which is expected to achieve its peak production of approx. 35,500 barrels of crude oil per day in 2024, is the first offshore carbon capture and storage (CCS) demonstration project in China.
China spies an opportunity to draw closer politically and economically to Saudi Arabia as ties between the U.S. and the oil-rich kingdom falter.
Asia's largest offshore oil production platform goes into operation-
/PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) announces today that Enping 15-1/10-2/15-2/20-4 oilfields joint development project has...
CNOOC has kicked off production from an oilfields joint development project located in the Eastern South China Sea.