China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 5-3 oilfield development project in the Beibu Gulf Basin of the South China Sea. With an average water depth ...

A Chinese oil and natural gas giant has made a major discovery in the energy-rich waters of the South China Sea. The 100-million-ton oil field is located in the Pearl River Basin near China's ...

China National Offshore Oil Corp (CNOOC) announced that its Deep Sea No.1 Phase II project in the South China Sea has entered ...

The newly found Huizhou 19-6 oilfield in the South China Sea has over 100 million tons of proven reserves reported Xinhua news agency, roughly equivalent to what China imported from Russia, its ...

China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project ...

The South China Sea is still underexplored because of these territorial disputes. Most discovered oil and gas fields are in uncontested areas, close to the shorelines.

China has confirmed the discovery of a major gas field in the South China Sea, state media reported on Wednesday. Called Lingshui 36-1, the field is estimated to contain more than 100 billion ...

China achieves first oil at new South China Sea field. Lufeng 12-3 to produce 29,500 barrels per day of crude in 2024 at peak. The Hai Yang Shi You 123 FPSO is now working at the Lufeng 12-3 field ...

China has announced the discovery of a major gas field, estimated to exceed 100 billion cubic meters, in the South China Sea, a region already fraught with military and diplomatic tensions. This ...

China’s state-held oil and gas giant CNOOC said on Thursday that it had launched crude oil production from a new development project in the South China Sea.. CNOOC, which specializes in offshore ...

China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 5-3 oilfield development project in the Beibu Gulf Basin of the South China Sea. With an average water depth ...