A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
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 has been restored at three North Sea platforms which were shut down due to pipeline repairs.
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
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 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.
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Chinese, French and Italian energy firms are celebrating the biggest gas find in the UK North Sea in more than a decade.
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Chinese energy firm Cnooc's discovery at Glengorm is the largest gas find in the UK since Culzean in 2008, an analyst has said.
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.
Norwegian oil services firm Aker Solutions has announced a mammoth subsea deal with China National Offshore Oil Corporation (Cnooc).
Total and Chinese oil firm CNOOC have further strengthened their cooperation in the liquefied natural gas business.
Norwegian energy service company Aker Solutions will supply a subsea production system for Petrobras' Mero 1 project off Brazil's coast.
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.
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.
ExxonMobil said today that development drilling had kicked off on the Liza Phase 1 development offshore Guyana.
CNOOC has handed a subsea engineering contract for a project in the South China Sea to TechnipFMC.
Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.
An oilfield service firm is gearing up for a major recruitment drive in Aberdeen after sealing investment from a Chinese business.
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.
Chinese oil firm Cnooc has achieved first oil from the Stampede field in the deepwater Gulf of Mexico.
Chinese oil firm Cnooc today revealed plans to spend up to £9billion in 2018, 18% of which will be devoted to exploration.
China’s largest producer of offshore crude oil and natural gas has announced that production has commenced at the Weizhou field.
Chinese oil firm Cnooc has announced that its wholly-owned Weizhou 12-2 oil field phase II project has come on stream.