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Annual output of Daqing Gulong shale oil of China National Petroleum Corporation exceeds 10 million tons！On December 5, reporters learned from the Daqing Oilfield of China National Petroleum Corporation that the annual output of Daqing Gulong shale oil has exceeded one million metric tons. This milestone marks the culmination of five years of exploratio
The Weizhou 11-4 oilfield adjustment and surrounding area development project has successfully commenced production!On December 3, CNOOC Limited announced that the Weizhou 11-4 oilfield adjustment and surrounding area development project has successfully commenced production.
The project is located at an average water depth of approximately 43 meters and leverage
40 Million Goal: Bohai's First 100-Billion-Cubic-Meter Gas Field Achieves New Production Milestone！On November 25, Well C10H at the CEPA platform of the Bozhong 19-6 condensate gas field achieved a daily gas production of 200,000 cubic meters, setting a new single-well production record for the field. Including this well, gas wells with a daily ou
Shell increases stake in Nigeria's OML118 deepwater oil fieldShell Nigeria Exploration and Production Company (SNEPCo) announced that it has increased its interest in the OML 118 Production Sharing Contract from 55% to 65%, following the completion of a share acquisition agreement. The deepwater oilfield asset
Equinor Granted Approval to Use Offshore Installation for Oilfield OperationsAker BP has received approval from the Norwegian Offshore Directorate to utilize two offshore vessels from Island Offshore in its oil and gas fields. The two vessels, named "Island Constructor" and "Island Wellserver", will be deployed to perform ris
Targeting Billions of Barrels of Oil and Gas! Another Oil Giant Emerges！
Recently, France's TotalEnergies, in partnership with QatarEnergy and Malaysia's Petronas, has officially signed a production sharing contract for the S4 block offshore Guyana. This agreement marks TotalEnergies' entry into offshore exploration in
Output of China's 35-Year-Old Oil Field Well Above Expectations！As of early November, the Huizhou 21-1 platform – the first platform built and put into operation in the Eastern South China Sea Oilfield – had produced over 13 million tonnes of oil equivalent, significantly exceeding the original development plan's
New Breakthrough in Oil and Gas Exploration in Northern Xinjiang！
Recently, there has been major exciting news from oil and gas exploration in Xinjiang! The exploration project of the oil and gas campaign in the Dabancheng area of Urumqi has achieved a breakthrough, with preliminary assessments indicating natural
China's largest shale oil production base has cumulatively produced over 20 million metric tons！
On November 9, joyous news came from Changqing Oilfield, China's largest shale oil production base—its cumulative shale oil production has exceeded 20 million metric tons. This milestone marks a major achievement in China's "shale revolution" and s
CNOOC's "Haiheng" Deepwater Drilling Fluid System Wins International Award
On November 3, it was learned from CNOOC that at the recently concluded 2025 Offshore Technology Conference BRASIL (OTC Brazil), CNOOC's "Haiheng" FLAT PRO wide-temperature-range stable-rheology high-performance synthetic-based drilling fluid syste
COOEC Wins Landmark USD 800 Million Long-Term EPCI Contract from PTTEP for Bundled Phases 4 Project
Offshore Oil Engineering Co., Ltd. (COOEC) has announced the signing of a landmark EPCI contract with Thailand’s national oil company PTTEP for the Bundled Phases 4 Project, valued at approximately USD 800 million. The award sets a new benchmark fo
100-Million-Ton! Sinopec Makes New Discovery!
On October 23, according to information from Sinopec's news office, the Qiluye-1 well, a risk exploration well deployed by Sinopec Exploration Company in Qijiang District, Chongqing, achieved high-yield shale oil and gas flows during testing, with
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