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Top Offshore-technology.com News

CNOOC Limited Brings On-stream Luda 5-2 North Oilfield Phase II Development Project

CNOOC Limited Brings On-stream Luda 5-2 North Oilfield Phase II Development Project

53% Center coverage: 17 sources

HONG KONG, Feb. 20, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development Project has commenced production.See the Story

Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.

Colombia · Colombia

Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.

46% Center coverage: 13 sources

The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE1, 2.2 times compared to 2023Proven reserves amounted to 1,893 MBOE. The 2024 total production was replaced with an additional 4%.89% of the reserves were originated from fields in…See the Story

Saudi Aramco to re-enter PH market via Unioil stake acquisition

Business · Philippines

Saudi Aramco to re-enter PH market via Unioil stake acquisition

Coverage: 4 sources

MANILA, Philippines — Saudi oil giant Aramco plans to revive its presence in the Philippine market by acquiring a 25-percent stake in Unioil Petroleum. Aramco is known as one of the leading integrated energy and chemical companies worldwide, while Unioil is a major petroleum player in the local sector. READ: Saudi Aramco says Q3 profitSee the Story

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