China's subsea pipeline network has expanded to 10,000 kilometers, a key achievement in the nation's strategy to increase domestic oil and gas production and lessen its dependence on energy imports.
CNOOC Limited has launched oil production at the Wenchang 16-2 Oilfield Development Project in the northern part of the South China Sea, China’s top offshore oil and gas producer said on Thursday.
The company expects the project to reach plateau production of around 16,900boepd by 2026.
Exciting news from CNOOC! The new oilfield development in the South China Sea is now live, boosting resource capacity and ensuring stable energy supply. ⚡️ #CNOOC #SouthChinaSea #EnergyInnovation ...
The project is expected to achieve a plateau production of about 16,900 boe/d in 2026. The oil property is light crude.
Chinese oil rigs in waters claimed by Taiwan have stirred controversy in recent days, drawing a sharp protest from Taipei, with some analysts saying the structures are part of a strategy to normalize ...
China has upgraded surveillance and electronic warfare systems across several occupied reefs in the disputed South China Sea as it seeks to strengthen its defenses and expand intelligence capabilities ...
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