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Exxon Mobil ([[XOM]] +1.4%) says its oil exploration campaign at the Tanager-1 well offshore Guyana discovered hydrocarbons "but initial analysis indicates it does not appear economic on a standalone basis."Tanager-1 well was the deepest drilled to date in the Guyana-Suriname Kaieteur Block, ...
CNOOC Limited's (CEO) Liuhua 29-1 gas field is located in the eastern South China Sea, 86 kilometers northeast of Liwan 3-1 gas field, with water depth of about 640 to 785 meters. A new subsea wellhead has been built, with 7 development wells planned in total. The gas field will fully utilize...
CNOOC Limited Announces Liuhua 29-1 Gas Field Commences Production PR Newswire HONG KONG, Nov. 2, 2020 HONG KONG , Nov. 2, 2020 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-1 gas field has...
CEO is still trading near the bottom of its 52 week range, trading at a discount to book value. CEO's dividend yield has been high for years, and trending upward. CEO's new projects are leading to a growth in net production. For further details see: CNOOC Is Trading At A...
For Q3, CNOOC Limited (CEO) achieved a total net production of 131.2M BOE, indicating a 5.1% Y/Y increase.Production from China increased by 10.4% Y/Y to 88.6M BOE, led by commencement of new projects; overseas production dipped 4.6% Y/Y to 42.6M BOE led by reduced production o...
CNOOC Limited Announces Key Operational Statistics for Q3 2020 Canada NewsWire HONG KONG, Oct. 22, 2020 HONG KONG , Oct. 22, 2020 /CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its key operational statistics ...
CNOOC Limited Announces Bozhong 19-6 Condensate Gas Field Pilot Area Development Project Commences Production Canada NewsWire HONG KONG, Oct. 22, 2020 HONG KONG , Oct. 22 , 2020 /CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) anno...
Royal Dutch Shell are proactive in investing and divesting based on where they believe return will come many years down the road. Changes to energy usage is coming. You either take the lead in this or risk being left behind. The company will still generate significant cash flow. ...
Production is dominated by major international companies, particularly, and maybe surprisingly, European ones. Principally Shell and BP, but with Equinor, Eni, Total and Repsol also active and many are (or were) seemingly wanting to expand in the area. The recent growth in product...
Guyana's government will sign an agreement with Exxon Mobil (XOM) this Friday that clears the way for the development of the 220K bbl/day Payara project on the deepwater Stabroek block, the country's natural resources minister says.Exxon has not commented on the government comments, but the c...
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CNOOC Limited Achieves Strong Growth in both Net Production and Net Profit in Q1 2024 PR Newswire HONG KONG , April 25, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operatin...
CNOOC Limited Released the 2023 Environmental, Social and Governance Report PR Newswire HONG KONG , April 2, 2024 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social...
CNOOC Limited Announces a Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 27-3 in Bohai Sea PR Newswire HONG KONG , March 18, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today ...