CNOOC Starts Up Two Oil Projects Offshore China
The projects are among nine CNOOC has scheduled for startup this year.
Stay updated with breaking news from Xia Qinglong. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The projects are among nine CNOOC has scheduled for startup this year.
CNOOC Limited has announced that Buzios5 Project has commenced production safely.
Upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.
HONG KONG, June 1, 2023 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883, SSE: 600938) announces today that Buzios5 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with a water depth of 1,900 to 2,200 meters. It is the largest deep-water pre-salt oilfield in the world, with a daily production...