Upon entering the development phase, CNOOC
will have the right to participate in up to 51% of the working interest in any commercial discoveries of the block.
Once entering the development phase, CNOOC
has the right to participate in up to 51% of the working interest in any commercial discoveries of the blocks.
Michelle Zhang, Deputy Manager, Media / Public Relations, CNOOC
Limited, Tel: +86-10-8452-6642, Fax: +86-10-8452-1441, E-mail: MR@cnooc.
has seen a jump in net profit of almost 30% recently and holds net proved reserves of approximately 3.
ConocoPhillips and CNOOC
will earmark CNY 100 million and CNY 250 million, respectively, from their previously announced environmental funds for the restoration, maintenance, environmental monitoring and scientific research of fishery resources, the statement said.
McClendon, Chesapeake's CEO said, "We are very pleased to have partnered with CNOOC
Limited in completing our fifth industry shale development transaction.
and Chinese government, with the purchase to be fully funded by CNOOC
ITEM: Reuters reported on August 2 that CNOOC
abandoned its bid to acquire Unocal.
From the moment CNOOC
made its bid, it was clear that the U.
Wei Liucheng, chairman and CEO of CNOOC
limited commented, "The start-up of gas field DF1-1 represents another milestone in the successful execution of our gas strategy.
The block covers a total area of 155 square kilometers with a water depth of 80-100 meters, the block is one of the blocks CNOOC
offered for foreign cooperation in 2014.
Yang joined CNOOC
in 1982 and has over 30 years of experience in petroleum exploration and production.