CNOOC targets a 40% offshore wind capacity increase in 2026 to reach 3.5 GW, partnering with Ming Yang Smart Energy as falling costs and national targets accelerate China’s offshore wind build-out.
Haiyang Shiyou 696, a WS25000-class Tuna Offshore Series vessel designed by SDARI and built by Wuhu Shipyard for CNOOC, has started sea trials as China’s first large integrated offshore well stimulation ship.
CNOOC Ltd said the Xijiang Oilfields 24 Block project in the Pearl River Mouth Basin has started production, targeting a 2026 plateau of about 18,000 boe/d and using Huixi facilities plus an unmanned platform.
Former CNOOC deputy GM Yuan Guangyu has been formally charged by prosecutors in Xuzhou, Jiangsu, over allegations that he took extremely large bribes while holding senior posts at CNOOC Bohai and CNOOC Limited.
China’s top anti-corruption watchdog is investigating Li Zhong, deputy general manager and chief engineer at CNOOC Research Institute, a veteran behind key deepwater breakthroughs in the South China Sea.
TotalEnergies has lifted the four-year force majeure on its $20 billion Mozambique LNG project, with operations expected to start in 2029 pending government approval of an updated plan.
Petrobras and Equinor won key offshore oil blocks in Brazil’s latest pre-salt auction, reinforcing their strong presence in the country’s deepwater sector.
