CNOOC attracts international E&P players

China

BEIJING, February 18, 2022 – E&P player China National Offshore Oil Corporation has signed 13 agreements with 12 international companies worth more than USD 13 billion to boost oil and gas production, China’s largest offshore oil and gas driller announced on Wednesday.

The slew of awards includes four contracts to develop offshore oilfields with TotalEnergies, ConocoPhillips, Smart Oil and Roc Oil Company.

The Chinese upstream company also signed LNG, crude oil and other purchase agreements through its subsidiaries.

The awards were given out as the company celebrates its 40th anniversary.

Locations and details of the planned works were not disclosed.

Previous

ADNOC spends $1.94 bln on upping production

Next

Japan and Indonesia partner for CCUS development