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CNOOC Ltd (0883.HK)

0883.HK on Hong Kong Stock

12.42HKD
23 Sep 2019
Change (% chg)

HK$-0.16 (-1.27%)
Prev Close
HK$12.58
Open
HK$12.54
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HK$12.58
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HK$12.38
Volume
37,971,145
Avg. Vol
47,483,658
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HK$15.78
52-wk Low
HK$10.74

Latest Key Developments (Source: Significant Developments)

Tullow Oil Announces Termination Of Farm-Down Agreement In Uganda
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Tullow Oil PLC ::TULLOW OIL PLC TULLOW OIL PLC - FP TULLOW OIL PLC - NP - TERMINATION OF FARM-DOWN AGREEMENT IN UGANDA.TULLOW OIL PLC - TERMINATION OF DEAL A RESULT OF BEING UNABLE TO AGREE ALL ASPECTS OF TAX TREATMENT OF TRANSACTION WITH GOVERNMENT OF UGANDA.TULLOW OIL PLC - TULLOW WILL NOW INITIATE A NEW SALES PROCESS TO REDUCE ITS 33.33% OPERATED STAKE IN LAKE ALBERT PROJECT.TULLOW OIL - INFORMED THAT FARM-DOWN TO TOTAL, CNOOC WILL TERMINATE AT END OF TODAY, 29 AUGUST 2019, FOLLOWING EXPIRY OF SALE AND PURCHASE AGREEMENTS.TULLOW-JV PARTNERS TARGETING FINAL INVESTMENT DECISION FOR UGANDA DEVELOPMENT BY END OF 2019; TERMINATION OF TRANSACTION LIKELY TO LEAD TO FURTHER DELAY.TULLOW OIL - BEEN UNABLE TO SECURE FURTHER EXTENSION OF SPAS WITH JV PARTNERS, DESPITE PREVIOUS EXTENSIONS TO SPAS HAVING BEEN AGREED BY ALL PARTIES.  Full Article

CNOOC Posts HY Profit Attributable Of Rmb30,253 Mln
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - CNOOC Ltd <0883.HK>::HY NET PRODUCTION OF OIL AND GAS 243.0 MILLION BOE , UP 2.1%.HY PROFIT ATTRIBUTABLE RMB 30,253 MILLION VERSUS RMB 25,477 MILLION.HY REVENUE RMB 108,880 MILLION VERSUS RMB105,649 MILLION.DECLARES INTERIM DIVIDEND OF HK$0.33 PER SHARE.LINGERING ECONOMIC AND TRADE DISPUTES, AS WELL AS GEOPOLITICAL INSTABILITY MAY RESULT IN FURTHER VOLATILITY OF INTERNATIONAL OIL PRICES.  Full Article

Far Ltd Says CNOOC Acquires 55.55% Of Svenska's Interest In Offshore Guinea-Bissau
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Far Ltd ::CNOOC ACQUIRES 55.55% OF SVENSKA'S INTEREST IN HIGHLY PROSPECTIVE ACREAGE OFFSHORE GUINEA-BISSAU.FAR WILL RETAIN ITS 21.42% PARTICIPATING INTEREST IN EACH OF LICENCES..SVENSKA WILL RETAIN A REDUCED 23.03% PARTICIPATING INTEREST AND SHALL CONTINUE TO ACT AS OPERATOR.UNDER AGREEMENT CNOOC WILL BE ASSIGNED A 55.55% PARTICIPATING INTEREST IN SINAPA AND ESPERANCA LICENCES.JOINT VENTURE IS ADVANCING PREPARATIONS FOR DRILLING OF GREATER ATUM PROSPECT IN EARLY 2020.TRANSACTION IS EXPECTED TO CLOSE IN Q3 OF 2019.  Full Article

CNOOC's Unit CNOOC China To Acquire Stake In CUCBM Held By Co
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - CNOOC Ltd <0883.HK>::UNIT TO BUY 100% EQUITY INTEREST IN CUCBM.DEAL FOR RMB5.335 BILLION.UNIT CNOOC CHINA ENTERS EQUITY TRANSFER AGREEMENT WITH CNOOC TO ACQUIRE STAKE IN CUCBM HELD BY CNOOC.  Full Article

Cnooc Limited Announces Appomattox Field Commence Production
Thursday, 23 May 2019 

May 23 (Reuters) - CNOOC Ltd <0883.HK>::CNOOC LIMITED ANNOUNCES APPOMATTOX FIELD COMMENCE PRODUCTION.CNOOC LTD - APPOMATTOX FIELD IN U.S. GULF OF MEXICO HAS SAFELY COMMENCED PRODUCTION AHEAD OF SCHEDULE.  Full Article

Phoenix Petroleum Philippines Updates On A Possible JV With China National Offshore Oil Corp
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Phoenix Petroleum Philippines Inc ::CONFIRMS IN DISCUSSION ON A POSSIBLE JV WITH CHINA NATIONAL OFFSHORE OIL CORP.JV BY PLAN TO ACQUIRE 40% STAKE IN TANGLAWAN PHILIPPINE LNG & 60% STAKE IN LIWANAG PHILIPPINE PROPERTY MANAGEMENT.  Full Article

Brightoil Petroleum Updates On Caofeidian Oilfield Project
Friday, 28 Dec 2018 

Dec 28 (Reuters) - Brightoil Petroleum Holdings Ltd <0883.HK>::UNIT OF CNOOC, AND UNIT OF CO ENTERED INTO A FINANCE LEASE AGREEMENT WITH A PRINCIPAL AMOUNT UP TO US$406 MILLION.FINANCE LEASE AGREEMENT IN FOR CAOFEIDIAN OIL AND GAS ASSETS OWNED BY LESSEE UNDER PETROLEUM CONTRACT FOR A PERIOD OF 5 YEARS.TO SUPPORT DEVELOPMENT ADJUSTMENT PLAN OF CAOFEIDIAN OILFIELD, DEVELOPMENT FUND OF ABOUT USD300 MILLION TO BE ADVANCED BY CNOOC CHINA.  Full Article

Cnooc Ltd - Files For Potential Debt Shelf Offering Size Not Disclosed - SEC Filing
Friday, 20 Apr 2018 

April 20 (Reuters) - CNOOC Ltd <0883.HK>::CNOOC LTD - FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.CNOOC LTD - MAY OFFER IN ONE OR MORE SERIES DEBT SECURITIES OF CNOOC FINANCE (2015) U.S.A. LLC, WHICH WOULD BE GUARANTEED BY CNOOC LIMITED.  Full Article

CNOOC's Weizhou 6-13 Oilfield Commences Production Ahead of Schedule, Seven Wells In Production
Tuesday, 20 Mar 2018 

March 20 (Reuters) - CNOOC Ltd <0883.HK>::SAYS ITS WEIZHOU 6-13 OILFIELD HAS COMMENCED PRODUCTION AHEAD OF SCHEDULE.SAYS THERE ARE SEVEN WELLS IN PRODUCTION AND THE PROJECT IS EXPECTED TO REACH PEAK PRODUCTION OF ABT 9,400 BARRELS OF CRUDE OIL PER DAY IN 2019, EXCEEDING ITS ODP.  Full Article

Parkmead Says ‍Increases Stake In Perth And Dolphin Oil Fields To 100 Pct
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Parkmead Group Plc ::‍INCREASES STAKE IN PERTH AND DOLPHIN OIL FIELDS TO 100% AND SIGNS AGREEMENT WITH NEXEN PETROLEUM TO STUDY POTENTIAL TIE-BACK​.‍GROUP HAS INCREASED ITS EQUITY IN LICENCES FROM 60.05% TO 100​.‍COMPANY HAS ALSO SIGNED AN AGREEMENT WITH NEXEN PETROLEUM, A SUBSIDIARY OF CHINA NATIONAL OFFSHORE OIL CORPORATION (CNOOC)​.  Full Article

Trafigura joins others to lend $1 bln to independent Chinese oil refiner

LONDON, Sept 23 Commodities trader Trafigura has joined a group of lenders to provide a $1 billion loan backed by future oil sales to Chinese independent refiner, Shandong Qingyuan, in a deal which underscores the opening up of China to trading houses.