CNOOC brings new South China Sea offshore Oil project on stream, targets 18,000 bpd by 2026
China’s leading offshore oil producer, CNOOC Ltd, has brought a new offshore oil development into production in the South China Sea, adding incremental supply as Beijing steps up efforts to strengthen domestic crude output and reduce reliance on imports. The company said on Monday that the Xijiang Oilfields 24 Block Development Project, located in the […]
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