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CNOOC Ltd (0883.HK)

0883.HK on Hong Kong Stock

14.74HKD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Sino Geophysical's Unit In Agreement With CNOOC To Develop Bohai Block, Plans Mexico Unit
Friday, 12 Apr 2019 

April 12 (Reuters) - Sino Geophysical Co Ltd <300191.SZ>::SAYS IT PLANS TO SET UP UNIT SINOGEO SEISMIC SERVICE (MEXICO) LIMITED.SAYS ITS OVERSEAS UNIT AGREES WITH CNOOC ON A 30-YEAR PRODUCTION SHARING CONTRACT TO DEVELOP BOHAI BLOCK.  Full Article

CNOOC Posts FY Profit Attributable At RMB52,688 Million
Thursday, 21 Mar 2019 

March 21 (Reuters) - CNOOC Ltd <0883.HK>::FY PROFIT ATTRIBUTABLE RMB 52,688 MILLION VERSUS RMB 24,677 MILLION.FY REVENUE RMB226,963 MILLION VERSUS RMB186,390 MILLION.RECOMMENDS FINAL DIVIDEND OF HK$ 0.40 PER SHARE.EXTERNAL OPERATING ENVIRONMENT IS LIKELY TO REMAIN CHALLENGING IN 2019.  Full Article

PTT Exploration And Production Says Started Development On Phase 1 Of Algeria Hassi Bir Rekaiz Project
Tuesday, 19 Mar 2019 

March 19 (Reuters) - PTT Exploration And Production Pcl ::CO, SONATRACH AND CNOOC HAVE STARTED DEVELOPMENT ON PHASE 1 OF ALGERIA HASSI BIR REKAIZ PROJECT.FIRST OIL PRODUCTION FROM PROJECT FOR INITIAL PHASE OF 10,000-13,000 BARRELS PER DAY EXPECTED IN EARLY 2021.PLAN FOR THE SECOND PHASE PRODUCTION CAPACITY RAMPING UP TO AROUND 50,000-60,000 BPD IN 2025 FOR ALGERIA PROJECT.  Full Article

Phoenix Petroleum Philippines Board Approved JV With Cnooc
Friday, 1 Feb 2019 

Feb 1 (Reuters) - CNOOC Ltd <0883.HK>::BOARD APPROVED JV WITH CNOOC TO ESTABLISH & OPERATE VARIOUS TRADE AND SERVICES UNDER LNG INTEGRATED HUB PROJECT.BOARD APPROVED FORMATION OF NEW WHOLLY-OWNED SUBSIDIARY OR CO TO MANAGE LNG INTEREST IN LNG INTEGRATED HUB PROJECT.BOARD APPROVED INITIAL INVESTMENT OF 250.0 MILLION PESOS FOR LNG PROJECT, INCLUDING THE FORMATION OF NEW CO.  Full Article

CNOOC Ltd Sees 2019 Net Production Between 480 Mln-490 Mln BOE
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - CNOOC Ltd <0883.HK>::COMPANY'S TARGETED NET PRODUCTION FOR 2019 IS 480 MILLION TO 490 MILLION BARRELS OF OIL EQUIVALENT.NET PRODUCTION FOR 2020 AND 2021 ARE ESTIMATED TO BE 505 MILLION TO 515 MILLION BOE AND 535 MILLION TO 545 MILLION BOE.COMPANY'S TOTAL CAPITAL EXPENDITURE FOR 2019 IS BUDGETED AT RMB70 BILLION TO RMB80 BILLION.NET PRODUCTION FOR 2018 IS EXPECTED TO BE APPROXIMATELY 475 MILLION BOE.IN 2019, COMPANY PLANS TO DRILL 173 EXPLORATION WELLS.IN 2019, SIX NEW PROJECTS ARE EXPECTED TO COME ON STREAM.  Full Article

CNOOC Ltd Announces Egina Field Commenced Production
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - CNOOC Ltd <0883.HK>::CNOOC LIMITED ANNOUNCES EGINA FIELD COMMENCED PRODUCTION.CNOOC LTD - PROJECT IS EXPECTED TO REACH ITS PEAK PRODUCTION OF APPROXIMATELY 200,000 BARRELS OF CRUDE OIL PER DAY IN 2019..CNOOC LTD - EGINA FIELD, LOCATED IN DEEPWATER OFFSHORE NIGERIA, HAS COMMENCED PRODUCTION.  Full Article

CNOOC Ltd Appoints Wang Dongjin As Vice Chairman
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - CNOOC Ltd <0883.HK>::WANG DONGJIN HAS BEEN APPOINTED AS VICE CHAIRMAN OF COMPANY.  Full Article

CNOOC Ltd Posts Q3 Total Sales Revenue Of RMB49,823 Mln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - CNOOC Ltd <0883.HK>::Q3 TOTAL SALES REVENUE RMB 49,823 MILLION VERSUS RMB 37,248 MILLION.Q3 TOTAL NET PRODUCTION 113.8 MMBOE VERSUS 116.2 MMBOE.Q3 AVERAGE REALIZED OIL PRICE INCREASED 40.7% YOY TO US$71.55 PER BARREL.Q3 AVERAGE REALIZED GAS PRICE INCREASED 3.4% YOY TO US$6.26 PER THOUSAND CUBIC FEET.  Full Article

Aker Solutions wins CNOOC contract worth more than NOK 1.7 bln
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Aker Solutions Asa ::REG-AKER SOLUTIONS WINS SUBSEA ORDER FOR LINGSHUI FIELD DEVELOPMENT IN CHINA.ORDERS VALUED AT MORE THAN NOK 1.7 BILLION ($205.40 MILLION)FROM CHINA NATIONAL OFFSHORE OIL CORPORATION (CNOOC) TO PROVIDE SUBSEA PRODUCTION SYSTEM AND UMBILICALS FOR LINGSHUI 17-2 GAS FIELD..LINGSHUI 17-2 IS CNOOC'S FIRST SUBSEA DEEPWATER PROJECT DEVELOPED BY COMPANY WITH WATER DEPTHS OF UP TO ABOUT 1,500 METERS.SUBSEA PRODUCTION SYSTEM FOR LINGSHUI 17-2 FIELD CONSISTS OF 11 HORIZONTAL SUBSEA TREES, FOUR MANIFOLDS, TOPSIDE AND SUBSEA CONTROL SYSTEM AND A VERTICAL TIE-IN CONNECTION SYSTEM.SCOPE ALSO INCLUDES MORE THAN 70 KILOMETERS OF STATIC AND DYNAMIC UMBILICALS, LINKING SUBSEA DEVELOPMENT TO A NEW, SEMISUBMERSIBLE PLATFORM.GLOBAL PROJECT WILL INVOLVE AKER SOLUTIONS' FACILITIES IN MALAYSIA, NORWAY AND UNITED KINGDOM.DELIVERY FOR SUBSEA PRODUCTION SYSTEM AND UMBILICALS WILL BE FROM SECOND HALF OF 2019 TO 2020.ORDER WILL BE BOOKED IN Q4 OF 2018.  Full Article

CNOOC Ltd Posts H1 Net Profit Of RMB25,477 Mln
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - CNOOC Ltd <0883.HK>::H1 OIL & GAS SALES RMB 90,309 MILLION VERSUS RMB74,943 MILLION.H1 NET PROFIT RMB 25,477 MILLION VERSUS RMB 16,250 MILLION LAST YEAR.H1 NET PRODUCTION OF OIL AND GAS 238.1 MILLION BOE, UP 0.1%.DECLARES INTERIM DIVIDEND OF HK$0.30 PER SHARE.  Full Article