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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (93945)	9/20/2020 4:01:34 PM
From: Goose94	Read Replies (1) \| Respond to of 203382

CNOOC (CNU-T) Commencement of Production at Liuhua 16-2 Oilfield / 20-2 Oilfield Joint Development Project Sept 20, '20 - NR CNOOC Limited announced today that Liuhua 16-2 oilfield/ 20-2 oilfield joint development project has commenced production. Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in Eastern South China Sea. The average water depth of the joint development project is approximately 410 meters. One 150,000 DWT FPSO and three underwater production systems are newly built. A total of 26 development wells are planned to be put into production and development. The project is expected to reach its peak production of approximately 72,800 barrels of crude oil per day in 2022. CNOOC Limited holds 100% interest of Liuhua 16-2 oilfield/ 20-2 oilfield joint development project. - End - Notes to Editors: More information about the Company is available at http://www.cnoocltd.com/. For further enquiries, please contact: Ms. Jing Liu Manager, Media & Public Relations CNOOC Limited Tel: +86-10-8452-3404 Fax: +86-10-8452-1441 E-mail: mr@cnooc.com.cn Ms. Ada Leung Hill+Knowlton Strategies Asia Tel: +852-2894-6225 Fax: +852-2576-1990 E-mail: CNOOC@hkstrategies.com