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An overview of CNOOC’s recent developments in offshore China

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11 September 2014

An overview of CNOOC’s recent developments in offshore China

Report summary

CNOOC is expected to achieve its domestic production growth target of 4-5% for 2011-2015, with an annual growth of 4.9% over the period.  This target was set in CNOOC’s 2012 strategy preview, as part of its ambition to grow global output during the period by between 6 and 10%.  Domestic production will rise to 919,000 boe/d in 2015 as several projects currently under development move into production, with activity in the Eastern South China Sea providing the largest increase. 

Table of contents

    • CNOOC’s recent activities in offshore China
      • Key development projects in offshore China
    • Strong spending growth
    • Strong production growth between 2011-2015
    • Longer-term outlook
      • Production by region (‘000 boe/d)

Tables and charts

This report includes 6 images and tables including:

  • Development spend by project type (US$ billion)
  • Development spend by region (US$ billion)
  • Liquid production by development type (‘000 b/d)
  • Gas production by development type (mmcfd)
  • An overview of CNOOC’s recent developments in offshore China: Image 1
  • An overview of CNOOC’s recent developments in offshore China: Image 6

What's included

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    An overview of CNOOC’s recent developments in offshore China

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