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5 million tons! China achieves new breakthrough in cumulative offshore heavy oil thermal recovery production!On August 30, China National Offshore Oil Corporation (CNOOC) announced that China's cumulative offshore heavy oil thermal recovery production had exceeded 5 million tons. This marks a critical miled stone in the large-scale application of offshore h
Breaking News: China Discovers Another Gigantic Gas Field with Reserves Exceeding 100 Billion Cubic Meters!
▲Red Page Platform 16 Exploration and Development Site
On August 21, it is announced from Sinopec's news office that the Hongxing Shale Gas Field operated by Sinopec Jianghan Oilfield has successfully obtained certification from the Ministry of Nat
SAGA Visits CSSOPE 2025 to Explore New Collaboration Opportunities in Oil＆Gas Separation with Global Partners
On August 21, the 13th China International Summit on Petroleum & Chemical Equipment Procurement (CSSOPE 2025), an annual flagship event for the global oil and gas industry, was held in Shanghai.
SAGA highly valued this exceptional opportunity to en
China discovers another enormous gas field with reserves of 100 billion cubic meters!
On August 14, according to the news office of Sinopec, another major breakthrough was achieved in the "Deep Earth Engineering · Sichuan-Chongqing Natural Gas Base" project. The Southwest Petroleum Bureau of Sinopec submitted the Yongchuan Shale Gas
CNOOC Announces Production Start-up at Guyana's Yellowtail Project
China National Offshore Oil Corporation Announces Early Commencement of Production at the Yellowtail Project in Guyana.
The Yellowtail project is located in the Stabroek Block offshore Guyana, with water depths ranging from 1,600 to 2,100 meters. T
BP Makes Largest Oil and Gas Discovery in Decades
BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years.
BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 n
CNOOC Brings New Offshore Gas Field On Stream
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China.
The dongfang 1-1 gas field 13-3 Block development project is the first h
China's 100-million-ton-class mega oilfield begins production in Bohai Bay
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.
The project is located in southern Bohai Bay, wi
Chevron announces reorganization
Global oil giant Chevron is reportedly undergoing its largest-ever restructuring, planning to cut its global workforce by 20% by the end of 2026. The company will also reduce local and regional business units, shifting to a more centralized model t
Revolutionizing Oil and Gas Exploration: CNOOC's Breakthrough Discoveries and SAGA's High-Efficiency Desanders for Enhanced Production
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and
Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand
Borr Drilling’s Mist jack-up (Credit: Borr Drilling)
Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.
During the second quarter of 2025, Valeura m
The first hundreds billion-cubic-meter gas field in Bohai Bay has produced over 400 million cubic meters of natural gas this year!Bohai Bay's first 100-billion-cubic-meter gas field, the Bozhong 19-6 condensate gas field, has achieved another increase in oil and gas production capacity, with daily oil and gas equivalent output reaching a record high since production began, exce
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