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CNOOC Limited - A Mid-sized Discovery Lufeng14-4 Made in Eastern South China Sea

CNOOC Limited announced that the Company made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea. The Lufeng14-4 structure is located in Lufeng Sag in the Pearl River Mouth Basin of the South China Sea with an average water......【More】

2014-11-21

Hilong wins CNOOC's offshore contract

Hong Kong-listed Hilong Holding (Hilong) said its subsidiary, Hilong Marine Engineering (Hong Kong), has won a bid recently to provide offshore pipe-laying services to CNOOC China, a wholly-owned subsidiary of CNOOC. Hilong will use its pip......【More】

2014-11-20

China-Central Asia gas pipeline imports reach milestone

Natural gas imports to China through the China-Central Asia Gas Pipelines exceeded 100 billion m3 late last week, according to the China National Petroleum Corp. (CNPC). As a part of major developments for the Silk Road Economic Belt, the C......【More】

2014-11-19

Baker Hughes puts positive spin on pending merger with Halliburton

HOUSTON The relations with Baker Hughes and Halliburton changed quickly over the weekend from acrimonious posturing in preparation of a hostile takeover to one of brotherly love once the merger agreement was announced early Monday morning.......【More】

2014-11-18

CNPC acquires Petrobras’ assets in Peru

Last Thursday (6 November), at a formal ceremony in Lima, Petrobras completed the sale of 100 per cent of the shares of its wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation (CNPC), for the sum......【More】

2014-11-14

Centrica performs successful DST at Pegasus West gas discovery

TORSHAVN, Faroe Islands -- P/F Atlantic Petroleum has announced that the drill stem test (DST) at 43/13b-7 Pegasus West gas discovery, operated by Centrica Energy, flowed at a combined rate of circa 91 MMscfd from three Carboniferous interv......【More】

2014-11-13

Russia's Rosneft to supply 9 million tons of oil to China refinery in 2020

Russian oil major Rosneft will supply nine million tons of oil per year to its refinery joint venture with PetroChina in Tianjin from 2020, CEO Igor Sechin said in an interview with Rossiya 24 TV channel on Monday. Rosneft expects an invest......【More】

2014-11-12

APEC Eyeing LNG Market Expansion in Asia-Pacific

As this years Asia-Pacific Economic Cooperation (APEC) summit is paying particular attention to the energy cooperation given the changing structure of the world energy market, the member countries are considering an increase in liquefied na......【More】

2014-11-11

CNOOC puts second deep-water rig into use

Advanced features help operation in South China Seas tough weather CNOOC Group Ltd, Chinas largest offshore oil and gas developer, announced on Wednesday that its semi-submersible drilling rig Nanhai Jiu Hao completed the first deep-water e......【More】

2014-11-10

China's largest oil tanker put into use

Chinas largest oil tanker, with vessel displacement 7 times that of the countrys only aircraft carrier Liaoning, was delivered Wednesday in south Chinas Guangzhou City. The 333-meter tanker Kaigui was built by Guangzhou Shipyard Internation......【More】

2014-11-07