Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Published loading...Updated

Fosun International Honored with TVB's Highest Accolade, "Outstanding ESG Award"

CNOOC's unmanned platform uses temperature control to stabilize production and aims for a 2026 output of about 18,000 barrels of oil equivalent per day.

  • CNOOC Limited, which holds 100% interest and operates the Xijiang 24 Block development in the Pearl River Mouth Basin, says the project expects plateau production of 18,000 barrels of oil equivalent per day in 2026.
  • By leveraging nearby Huixi infrastructure, development mainly relies on adjacent Huixi Oilfields facilities and adds a new unmanned wellhead platform to expedite the Xijiang block.
  • The Xijiang 24-7 platform is billed as China’s first unmanned offshore unit for high-temperature cooling and export, with a temperature control system reducing heat impact on subsea pipelines.
  • CNOOC warned that its projections rest on assumptions and face risks, with the press release using forward-looking language like `expect` and `project` and citing market, political and environmental risks.
  • The release notes the oil property is light crude, and for further enquiries it lists Ms. Cui Liu, Media & Public Relations, CNOOC Limited, Mr. Cheng Yao, Ever Bloom Communications Consultants Group Limited, and https://www.cnoocltd.com for more information.
Insights by Ground AI

56 Articles

China DailyChina Daily
Reposted by
EcnsEcns
Lean Left

CNOOC launches 24 Block Development Project in Xijiang Oilfields

·China
Read Full Article
The Daily AdvanceThe Daily Advance
+32 Reposted by 32 other sources
Center

CNOOC Limited Brings On-stream Xijiang Oilfields 24 Block Development Project

HONG KONG, Dec. 21, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Xijiang Oilfields 24 Block Development Project has commenced production.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 58% of the sources are Center
58% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

DigiconAsia broke the news in on Sunday, December 21, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal