Cnooc's Recent Oil Discovery in South China Sea Breaks Records

Friday, 8 March 2024, 23:14

Cnooc has announced a significant breakthrough in the South China Sea with the discovery of a new deepwater oil field boasting over 100 million tons of oil equivalent. This discovery marks a milestone in offshore exploration and adds substantial proven reserves to Cnooc's portfolio. The find is expected to have a notable impact on the energy sector.
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Cnooc's Recent Oil Discovery in South China Sea Breaks Records

Cnooc Discovers Huge Oil Field in South China Sea

Cnooc has made a groundbreaking discovery in the South China Sea with the unveiling of a new deepwater oil field holding over 100 million tons of oil equivalent proved in-place. This find positions Cnooc as a key player in offshore exploration.

Key Points:

  • Cnooc unveils new deepwater oil field
  • Over 100 million tons of oil equivalent proved in-place
  • Milestone discovery in offshore exploration

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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