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Hongkong, August 2, 2021 /PRNewswire/ – CNOOC Limited ((“, Company”,, SEHK: 00883, NYSE:Chief Executive Officer, Toronto Stock Exchange:Central University for Nationalities) It was announced today that Liuhua 21-2 oilfield has been put into production ahead of schedule.
Liuhua 21-2 oil field is located in the eastern part of the South China Sea, with a water depth of about 437 meters. In addition to making full use of existing processing facilities, the project has also built an underwater production system, with a total of 8 planned development wells. The project is expected to reach a peak of approximately 15,070 barrels of crude oil per day in 2023. At the same time, the oil field recovers associated gas through the light hydrocarbon recovery system, effectively reducing methane emissions.
CNOOC holds 100% interest in Liuhua 21-2 Oilfield and acts as the operator.
Up to now, Liuhua 16-2 oilfield group China’s The first independent deepwater oilfield group, including Liuhua 16-2, Liuhua…
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