A leading analyst says the North Sea “could do with another Buzzard” to offset production decline and plug the import gap.
CNOOC has brushed aside recent media reports that the firm is considering withdrawing from oilfield investments in the UK North Sea, the US and Canada.
Finder Energy has acquired further acreage around the CNOOC Buzzard field in the Central North Sea.
Cnooc Ltd jumped as much as 44% in its first day of trading in Shanghai as mainland investors leaped at the chance for exposure to soaring oil and gas prices.
China’s key state-run energy companies are in talks with Shell to buy its stake in a major Russian gas export project, according to people with knowledge of the matter.
Repsol Sinopec Resources UK (RSRUK) and CNOOC have confirmed plans to continue exporting oil to the Flotta Terminal for years to come.
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
ExxonMobil has taken its fourth final investment decision (FID) in Guyana on the Yellowtail project.
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
Cnooc Ltd plans to implement share buybacks and guarantee dividends through 2024 after its profits soared to a record last year.
BP has reached out to state-backed firms in Asia and the Middle East as it searches for a way to offload its Russian assets.
Chinese oil giant Cnooc (TSX: CNU) is putting plans in place to pull out of the North Sea, according to reports.
Malaysia’s Dagang NeXchange (DNeX) has said 2022 is the “opportune time” to press ahead with a new North Sea development as commodity prices surge.
Chinese oil and gas giant CNOOC is set to install the world’s largest storage tanks at the Binhai LNG import terminal in Jiangsu by the end of 2023, reported Reuters.
Dozens of flights going to and from North Sea oil and gas installations have been impacted as Storm Eunice hits the region.
China National Offshore Oil Corporation (CNOOC) struck $13 billion worth of deals to boost oil and gas supply, as the country aims to avoid a repeat of last year’s energy crunch.
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Delegates at an Energy Voice event Thursday afternoon heard how a range of technologies, from AI to smarter valves, are enabling the sector in its journey to net zero.
The estimates of recoverable barrels for the CNOOC Glengorm discovery have been downgraded by analysts after a disappointing appraisal campaign.
Questions have been raised over the future of Glengorm, hailed as the UK's largest gas discovery in a decade, after an appraisal campaign yielded no commercial hydrocarbons.
US-based Venture Global LNG has signed a pair of liquefied natural gas (LNG) supply deals with China National Offshore Oil Corporation (CNOOC). Significantly, the move underscores China’s increasing appetite for US LNG and it marks the first LNG supply agreement signed by a US exporter with CNOOC, China's largest importer of LNG.
Westwood Global Energy reports that as of 16 December there was one appraisal well and three exploration wells active in the UK. Completions to date in 2021 are two appraisal wells at 22/26d-3 Glengorm South and 30/13e-12, 12Z Talbot and three exploration wells at 22/6c-B4Z Bacchus South, 16/2a-6 Tiger Lily and 22/1b-12, 12Z, 12Y Fotla.
Cnooc Ltd, China’s biggest offshore oil and gas driller has officially cut its ties with the New York Stock Exchange following a geopolitical spat with the US.
Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields.
EnQuest has completed its acquisition of Suncor’s stake in the Golden Eagle field in the UK North Sea.