US EditionCNOOC Limited Announces Buzios7 Project Commences Production
- CNOOC Limited announced that the Buzios7 Project has commenced production safely on February 16, 2025.
- The Buzios oilfield, the largest deep-water pre-salt oilfield, is located in Brazil's Santos Basin, and production is expected to reach up to 1 million barrels per day in the second half of 2025.
- Buzios7 includes the production of 15 development wells and utilizes one of the largest Floating Production, Storage, and Offloading units worldwide.
- CNOOC Petroleum Brasil Ltda holds a 7.34% interest in the Buzios Shared Reservoir, while Petrobras holds 88.99% interest.
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CNOOC Limited Announces Buzios7 Project Commences Production
HONG KONG, Feb. 16, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Buzios7 Project has commenced production safely.
CNOOC Limited Announces Buzios7 Project Commences Production - PressReach
HONG KONG, Feb. 16, 2025 /PRNewswire/ — CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Buzios7 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with a water depth of 1,900 to 2,200 meters. It is the largest deep-water pre-salt oilfield in the world. Buzios7 is the sixth project commissioned of the oilfield. It will…
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Total News Sources48
Leaning Left3Leaning Right3Center17Last UpdatedBias Distribution74% Center
Bias Distribution
- 74% of the sources are Center
74% Center
13%
C 74%
13%
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