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Significant Progress on Compensation for Marine Ecological Damage Caused by Penglai 19-3 Oil Spill Accident
CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883) stated today that according to the news of its parent company, China National Offshore Oil Corporation (“CNOOC”), the compensation for marine ecological damage caused by Penglai 19-3 oil spill accident was in significant progress with the great effort made by the State Oceanic Administration of People’s Republic of China (“SOA”).

date.png28 Apr 2012 09:09 | comments.png 0 Comments | tags.png asia china cnooc conoco upstream [ More ]

Technip awarded pipeline installation contract in China
Technip was awarded by Offshore Oil Engineering Co, Ltd (COOEC) a pipeline installation contract for the Liwan 3-1 shallow water project, located in the Pearl River Mouth Basin, China Sea, at approximately 300 kilometers South of Hong Kong, China.

date.png24 Apr 2012 08:47 | comments.png 0 Comments | tags.png asia china cnooc services technip [ More ]

Eni signs Production Sharing Contract for the exploration of Block 30/27 in deepwater offshore China
Today, in Beijing, Eni and China National Offshore Oil Corporation (CNOOC) have signed a Production Sharing Contract (PSC) for the exploration of Block 30/27, which is situated 400km off the coast of Hong Kong. The Block, covering 5,130 square km in the attractive deep water of the South China Sea, has a high exploration potential.

date.png11 Apr 2012 09:20 | comments.png 0 Comments | tags.png asia china cnooc eni top upstream [ More ]

Uganda: Total finalizes its entry in Exploration and Production along with Tullow and CNOOC
Total announces the finalization of its farm-in with Tullow Oil plc (Tullow) for an interest of 33% 1/3, covering licences EA*-1, EA-2, the new Kanywataba license and the Kingfisher production licence. All these licences are located in the Lake Albert region where oil resources have already been discovered, with a remaining important potential to be explored.

date.png22 Feb 2012 15:03 | comments.png 0 Comments | tags.png cnooc total tullow uganda upstream [ More ]

Government of Uganda and Tullow sign Production Sharing Agreements
Tullow Oil plc (Tullow) is pleased to announce that it has signed two new Production Sharing Agreements (PSAs) with the Government of Uganda. The new PSAs cover the EA-1 and Kanywataba licences in the Lake Albert Rift Basin. Tullow has also been awarded the Kingfisher production licence.

date.png06 Feb 2012 08:55 | comments.png 0 Comments | tags.png cnooc total tullow uganda upstream [ More ]

CNOOC Limited Sold Interest in Indonesian ONWJ PSC
On December 22, CNOOC Limited announced that its subsidiary, CNOOC Southeast Asia Limited, sold CNOOC ONWJ Ltd. to EMP International (BVI) Limited ("EMPI") for consideration of approximately US$212 million. CNOOC ONWJ Ltd. holds a 36.7205% working interest in Offshore Northwest Java Production Sharing Contract (the "ONWJ PSC") in Indonesia.

date.png23 Dec 2011 13:27 | comments.png 0 Comments | tags.png cnooc deals indonesia upstream [ More ]

A Leakage Found in Zhuhai Terminal’s Subsea Pipeline
On December 19, CNOOC Limited announced that its subsidiary Zhuhai Hengqin gas processing terminal ("Zhuhai Terminal") received notification from Zhuhai Maritime Safety Administration ("Zhuhai MSA") that a leakage was found in the nearby subsea gas pipeline of the Zhuhai Terminal.

date.png20 Dec 2011 12:56 | comments.png 0 Comments | tags.png china cnooc upstream [ More ]

GDF SUEZ signature of the first milestone of its partnership with CIC and new LNG agreement with CNOOC
On the occasion of his visit to China, Gérard Mestrallet, Chairman and CEO of GDF SUEZ signed two agreements today with China Investment Corporation (CIC) and China National Offshore Oil Corporation (CNOOC) illustrating the development strategy of GDF SUEZ in China and in the Asia-Pacific region.

date.png31 Oct 2011 09:35 | comments.png 0 Comments | tags.png cic cnooc gdf-suez lng trinidad-tobago [ More ]

Husky Energy Sanctions Liwan Gas Project
Husky Energy Inc. (TSX:HSE) has sanctioned the development of the Liwan 3-1 and Liuhua 34-2 fields, the principal fields of the Liwan Gas Project in the South China Sea.

date.png21 Sep 2011 12:00 | comments.png 0 Comments | tags.png china cnooc gas husky upstream [ More ]

CNOOC Limited Enters Arrangement Agreement to Acquire OPTI Canada
OPTI Canada Inc. (TSX:OPC) ("OPTI" or the "Company") announced today that it has entered into an agreement (the "Arrangement Agreement") with CNOOC Luxembourg S.à r.l, an indirect wholly-owned subsidiary of CNOOC Limited, pursuant to which indirect wholly-owned subsidiaries of CNOOC Limited, will acquire the Second Lien Notes (as defined below) and all of the outstanding shares of OPTI (the "Transaction"). The total value of the Transaction is approximately US$2.1 billion, which includes net consideration of US$1,179 million payable to holders of OPTI's Second Lien Notes, US$37.5 million payable to backstop parties, US$34 million payable to shareholders and the assumption of US$825 million First Lien Notes. CNOOC Limited is China's largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world.

date.png20 Jul 2011 10:07 | comments.png 0 Comments | tags.png canada cnooc deals oil-sands opti [ More ]
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