Search results for: Bohai Bay

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  • 21 December 2011
    Business & Finance

    ConocoPhillips today provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its commitment to the people and government of China. “ConocoPhillips takes responsibility for the two […]

  • 21 December 2011
    Business & Finance, Operations & Maintenance

    ConocoPhillips provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its commitment to the people and government of China. “ConocoPhillips takes responsibility for the two incidents […]

  • 20 April 2010
    Business & Finance

    CNOOC Limited announced today that the Company has successfully made an important new discovery — Penglai(PL)9-1 in the Eastern Bohai Bay. The new discovery — PL9-1 is located in the Miaoxibei Uplift in the Eastern Bohai Bay. The discovery well PL9-1-2 penetrated oil pay zones with total thickness of 77 meters and fractured zone of buried hill […]

  • 15 October 2007

    Chinese offshore oil producer Cnooc Ltd. (CEO) aims to increase production at Bohai Bay to make it the country’s second-largest oil field in terms of output within five years, company officials said. The offshore hub in northern China produced 98.1 million barrels of oil equivalent last year, and must double output to edge out Shengli […]

  • 20 October 2010
    Business & Finance

    CNOOC Limited  announced today that its two new oil fields, BoZhong (“BZ“) 26-3 and LuDa (“LD”) 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development […]

  • 8 December 2017

    China’s CNOOC has recently made what it says is a mid-sized natural gas field discovery Bozhong 19-6 in Bohai Bay, offshore China. The company on Friday said Bozhong 19-6 trap was located in the southwest sag of Bozhong south central Bohai, with an average water depth of about 22 meters. The discovery well Bozhong 19-6-1 […]

  • 21 February 2014

    Noble Energy is in talks with potential bidders to offload its stake in an offshore field located in the Bohai Bay, China.

  • 19 September 2011
    Business & Finance

    ConocoPhillips today announced that its Board of Directors approved the creation of a second fund and will work with co-venturer, China National Offshore Oil Corporation (CNOOC) or other appropriate parties to specifically address environmental issues in Bohai Bay, China. The company also reaffirmed its previous September 6, 2011 announcement to establish a separate fund to […]

  • 26 March 2014
    Business & Finance, Operations & Maintenance, Research & Development

    CNOOC Limited, China’s producer of offshore crude oil and natural gas,  has made a mid-sized natural gas discovery Bozhong 22-1 in Bohai Bay. Bozhong 22-1 structure is located in the south central Bohai Bay with an average water depth of about 25 meters. The discovery well Bozhong 22-1-2 is drilled and completed at a depth of […]

  • 4 November 2014

    Brightoil Petroleum is planning to submit a formal bid to acquire all the issued shares of Newfield Global Inc., which holds a 12% interest in Bohai Bay Block 05/36 and a 49% interest in Pearl River Block 16/05, both offshore China. Brightoil already owns a 29% interest of the oil-producing Bohai Bay Block. According to Newfield, […]

  • 18 February 2013

    China’s State Oceanic Administration (SOA) has given a green light to ConocoPhillips China to resume production from Penglai (“PL”) 19-3 oilfield, in Bohai Bay, following two oil leak incidents which occurred in 2011. Following a series of rectification measures, PL19-3 oilfield has recovered to normal state, with operating conditions. COPC is permitted to gradually resume […]

  • 16 March 2020

    CNOOC Limited has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in Laibei lower uplift.

  • 18 February 2014

    Anadarko Petroleum Corporation today announced it has entered into a stock purchase agreement with a wholly owned subsidiary of Brightoil Petroleum (Holdings) Limited, whereby Anadarko will divest its Chinese subsidiary for $1.075 billion. “This transaction accelerates the recognition of value from a non-operated legacy asset and continues to demonstrate our commitment to active portfolio management,” […]

  • 7 September 2011
    Business & Finance

    ConocoPhillips announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in Bohai Bay, China. This fund will be designed to address ConocoPhillips’ responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay. “ConocoPhillips deeply regrets these incidents and apologizes […]

  • 1 September 2011
    Business & Finance, Operations & Maintenance

      ConocoPhillips China says it has met the Aug 31 deadline that Chinese ocean officials set for it to clean up oil leaked into Bohai Bay… (chinadaily) [mappress] Source: chinadaily, September 01, 2011;

  • 22 October 2015

    China’s oil company CNOOC has said that the Caofeidian 6-4 oil find in Bohai Bay, offshore China, has been appraised successfully and confirmed to be a mid-sized oilfield. The original discovery was made in 2014. The Caofeidian 6-4 structure is located in the western part of Shijutuo Uplift in the west of Bohai with an average water depth […]

  • 20 October 2015
    Project & Tenders

    ROC Oil Company Limited (ROC) has drilled a dry well in Block 09/05 in the Bohai Bay Basin, offshore China.  Roc Oil, the operator of Block 09/05, started drilling the second of two exploration wells in September 2015. This is also a second duster for Roc Oil in the block as the first exploration well, the QK11-1-1, […]

  • 1 September 2011

    ConocoPhillips China says it has met the Aug 31 deadline that Chinese ocean officials set for it to clean up oil leaked into Bohai Bay… By Wang Qian and Zhou Yan  (chinadaily) [mappress] Source: chinadaily, September 01, 2011.

  • 21 April 2005

    Bluewater has been awarded a contract to supply a Soft Yoke Tower Mooring System (SYMS) for the Bohai Development Project located in Bohai Bay. The partners in the field development are ConocoPhillips China Inc. (Operator) and CNOOC, one of China’s national oil companies. The production facilities for the Bohai Development Project will include wellhead platforms, […]

  • 7 September 2011
    Business & Finance, Operations & Maintenance

      ConocoPhillips  announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in Bohai Bay, China. This fund will be designed to address ConocoPhillips’ responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay. “ConocoPhillips deeply regrets these incidents and […]

  • 5 September 2011
    Business & Finance, Operations & Maintenance

      China’s oceanic agency has ordered ConocoPhillips China to do more to prevent and clean up offshore spills in the Bohai Bay that have raised…  (seattletimes) [mappress] Source: seattletimes, Sptember 05, 2011;  

  • 11 May 2012
    Business & Finance

    China National Offshore Oil Corporation (CNOOC) and Roc Oil have signed a production sharing contract (PSC) for Block 09/05 in Bohai bay, offshore China. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters. Under the agreement signed today, ROC will conduct […]