China National Offshore Oil Corp. (CNOOC)
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SBM Offshore lands contract for FPSO, while TechnipFMC secures work for the subsea system for the development.
The joint development project has a water depth of about 410 meters and features one 150,000-DWT FPSO with three underwater production…
Check out the latest oil and gas drilling activity highlights from around the world featured in the September issue of E&P…
The tentative plans laid out by PetroChina, Sinopec and CNOOC Ltd. come as global energy majors like BP Plc prepare to spend billions…
Despite spending cuts made across the oil and gas industry, some companies are moving ahead with plans to drill exploration wells.
Activity Highlights
China National Offshore Oil Corporation has confirmed a new oilfield discovery with exploration well #6-1 Kenli in China's Bohai Bay in the Laizhou area. According to the Beijing-based company, the discovery has potential oil reserves of…