“CNOOC Ltd. has adopted an innovative combined development approach of ‘conventional water injection + steam huff and puff + steam flooding’, providing strong technical support for the efficient utilization of oil reserves”, it added. “The project’s platform integrates both conventional cold production and thermal recovery systems, and is equipped with over 240 sets of key equipment.
Previously in 2025 CNOOC Ltd. said it has put onstream two projects in the Bohai Sea and two in the South China Sea, all of which are solely owned by the company. The Bohai Sea projects are phase 2 of the Luda 5-2 North field and the Bozhong 26-6 field. The South China Sea projects are the Dongfang 29-1 field and the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Development Project.
In a first for Chinese offshore shale, state-run oil giant CNOOC has announced what it claims to be a commercial discovery in the Beibu Gulf in the South China Sea with the tapping of oil and gas flows at a wildcat well.