Cnooc’s UK business posts £1bn pre-tax profit
A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
CNOOC
$1bn to be saved by collaborating, Maersk Drilling boss says
A top boss at Maersk Drilling estimates the North Sea industry could save around $1 billion a year if it makes further in-roads on collaboration.
Production restored at three North Sea platforms following pipeline repairs
Production has been restored at three North Sea platforms which were shut down due to pipeline repairs.
Earnings dip for KCA Deutag amid ‘very competitive’ markets
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Cnooc extends North Sea platform deal with KCA Deutag
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
China’s oil giants to splurge most in five years
China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging.
North Sea discoveries have ‘turned heads’ of investors, says Chrysaor boss
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Glengorm shows ‘still life in more mature UK waters’
Chinese, French and Italian energy firms are celebrating the biggest gas find in the UK North Sea in more than a decade.
Updated: Cnooc makes 250m barrel oil discovery at Glengorm
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Glengorm the biggest UK gas find since Culzean, Woodmac says
Chinese energy firm Cnooc's discovery at Glengorm is the largest gas find in the UK since Culzean in 2008, an analyst has said.
Shell, Total among the majors committed to developing Chinese acreage
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
Aker Solutions wins mammoth subsea deal with Cnooc
Norwegian oil services firm Aker Solutions has announced a mammoth subsea deal with China National Offshore Oil Corporation (Cnooc).
Total, CNOOC strengthen LNG bonds
Total and Chinese oil firm CNOOC have further strengthened their cooperation in the liquefied natural gas business.
Aker Solutions to supply Mero 1 production system for Petrobras
Norwegian energy service company Aker Solutions will supply a subsea production system for Petrobras' Mero 1 project off Brazil's coast.
Chinese energy firm CNOOC wins Opito safety approval
The largest producer of offshore oil and gas in China has become the country’s first organisation certified to train workers to Opito safety standards.
China explorer Cnooc may reward investors even if oil won’t
Chinese offshore oil giant Cnooc Ltd. may have more to offer equity investors betting on the recovery in global crude prices, even if the rally appears to be taking a bit of a breather.
Drilling development starts on Exxon’s Guyana behemoth
ExxonMobil said today that development drilling had kicked off on the Liza Phase 1 development offshore Guyana.
TechnipFMC bags contract for CNOOC project in South China Sea
CNOOC has handed a subsea engineering contract for a project in the South China Sea to TechnipFMC.
VIDEO: Shell and CNOOC launch petrochemicals joint venture in China
Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.
Triton plans major Aberdeen recruitment drive after securing Chinese cash boost
An oilfield service firm is gearing up for a major recruitment drive in Aberdeen after sealing investment from a Chinese business.
CNOOC joins Hang Seng index
China National Offshore Oil Corporation Limited has announced that it is to become a component Hang Seng China Enterprises Index as of 5 March 2018.
Cnooc hits first oil at Stampede field
Chinese oil firm Cnooc has achieved first oil from the Stampede field in the deepwater Gulf of Mexico.
Cnooc outlines plans for £9bn bumper budget
Chinese oil firm Cnooc today revealed plans to spend up to £9billion in 2018, 18% of which will be devoted to exploration.
CNOOC’s Weizhou field begins production
China’s largest producer of offshore crude oil and natural gas has announced that production has commenced at the Weizhou field.
Cnooc starts up new project in South China Sea
Chinese oil firm Cnooc has announced that its wholly-owned Weizhou 12-2 oil field phase II project has come on stream.