China's CNOOC Starts Production at Second Phase of UK Buzzard Project

CNOOC Petroleum Europe Ltd., a wholly owned subsidiary of CNOOC Ltd., is the operator of Buzzard and holds 43.21% interest in the project.

Muyu Xu and Shivani Singh, Reuters

CNOOC Ltd., a listed branch of China National Offshore Oil Corp. (CNOOC), said on Nov. 29 it had started production at the second phase of its Buzzard project in Britain.

The project is expected to reach peak production of about 12,000 barrels of oil equivalent per day (boe/d) in 2022, driving Buzzard's total production to 80,000 boe/d.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access