Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
CNOOC starts production at oil field in Bohai Bay
Adjust font size:

Production of 4,000 barrels a day has begun at an oil field under the management of the China National Offshore Oil Company Limited (CNOOC Ltd.) in East China's Bohai Bay, the company announced Friday.

Peak production was expected to reach an average 25,000 barrels per day by 2011, said a statement on the company's website.

Bozhong (BZ) 28-2S, in the southern Bohai Bay with a depth of 21 meters, is the largest field of the five CNOOC-developed oil projects expected to come on stream this year offshore China.

CNOOC Ltd. discovered BZ28-2S in 2006 and has complete rights over the oil field and its products. The main development facilities include one central platform, 49 wells and one floating production storage and offloading (FPSO).

Incorporated in Hong Kong, CNOOC Ltd. is a listed subsidiary of China National Offshore Oil Corporation, China's largest offshore oil producer.

(Xinhua News Agency March 20, 2009)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- CNOOC starts production at offshore gas field
- CNOOC announces early start-up of Nigerian project
- CNOOC increases capital expenditure in 2009
- CNOOC announces new oil, gas discovery in Bohai Bay

Mar.20, Shanghai Lipper Funds Awards
Mar.21-22, Beijing Anti-monopoly Law Symposium
Mar.27, Beijing The 4th Annual China Fund Summit
Apr.11-12, Beijing The Fifth (2008) 'Gold Prize of Round table'of Chinese Boards of Listed Company
Apr.20-23, Beijing Green Transformation: Forcast New Business Culture
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?