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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
Spotlight on Energy Asia 2025: Regional Energy Transition at Critical Juncture Demands Concerted ActionThe "Energy Asia" forum, hosted by PETRONAS (Malaysia's national oil company) with S&P Global's CERAWeek as knowledge partner, grandly opened on June 16 at the Kuala Lumpur Convention Center. Under the theme "Shaping Asia's New Energy Transition Land
Our Cyclone desanders have been commissioned on China’s largest Bohai oil & gas platform following its successful float-over installationChina National Offshore Oil Corporation (CNOOC) announced on the 8th that the central processing platform for the first phase of the Kenli 10-2 oilfield cluster development project has completed its float-over installation. This achievement sets new
Spotlight on WGC2025 Beijing: SAGA Desanders Earn Industry AcclaimThe 29th World Gas Conference (WGC2025) opened on the 20th of last month at the China National Convention Center in Beijing. This marks the first time in its nearly century-long history that the World Gas Conference has been held in China. As one of
CNOOC Limited Announces Mero4 Project Commences ProductionCNOOC Limited announces that Mero4 Project has commenced production safely on May 24 Brasilia time.
Mero field is located in the Santos Basin pre-salt southeastern offshore Brazil, about 180 kilometers away from Rio de Janeiro, in a water depth of b
China’s CNOOC and KazMunayGas Ink Agreement on Jylyoi Exploration Project
Recently, CNOOC and KazMunayGas formally signed a Joint Activity Agreement and a Financing Agreement to jointly develop the Zhylyoi oil and gas project in the transitional zone of the northeastern Caspian Sea. This marks CNOOC’s first-ever investme
5,300 meters! Sinopec drills China’s deepest shale well, hits massive daily flowSuccessful test of a 5300-metre-deep shale gas well in Sichuan marks a key technical leap in China’s shale development.
Sinopec, China’s largest shale producer, has reported a major breakthrough in ultra-deep shale gas exploration, with a record-set
China’s First Unmanned Platform for Remote Offshore Heavy Oil production Put into Operation
On May 3, the PY 11-12 platform in the eastern South China Sea was successfully commissioned. This marks China’s first unmanned platform for the remote operation of an offshore heavy oil field, achieving new breakthroughs in typhoon-resistant produ
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