Table of Contents
Table of Contents 3
List of Tables 7
List of Figures 8
CNOOC Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
CNOOC Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 10
CNOOC Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
CNOOC Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 12
CNOOC Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
CNOOC Ltd, Oil & Gas, Deal Details 15
Asset Purchase 15
Nexen Petroleum Completes Acquisition Of 80% Interest In License Option 16/23 Offshore Ireland From Faroe Petroleum 15
CNOOC Acquires 65% Interest In AGC Profond PSC, Offshore Senegal and Guinea-Bissau From Impact Oil 16
Tullow Oil To Sell 21.57% Interest In Lake Albert Oil Project In Uganda To Total And CNOOC For US$900 Million 17
CNOOC China Completes Acquisition Of Modular Drilling Rig, R5001, From China Oilfield Services For US$8.2 Million 19
CNOOC Completes Acquisition Of 51% Working Interest In Block 33/07 From Primeline Energy China And Primeline Petroleum 20
CNOOC Mulls Acquisition Of Exploration License Offshore Cyprus 21
CNOOC Completes Acquisition Of 33.33% Interest In Exploration Licenses In Uganda From Tullow Oil For US$1.47 Billion 22
Partnerships 23
CNOOC Energy Technology Forms Joint Venture With MSP/DRILEX 23
CNOOC Gas & Power Forms Partnership With Huainan Mining Industry To Build LNG Terminal In China 24
Government Of Uganda, Total, Tullow Oil And CNOOC To Form Partnership To Develop Lake Albert Rift Basin Assets 25
Forum Energy Plans To Form Partnership With CNOOC 26
CNOOC Enters Into Partnership Agreement With SANY Heavy Industry 27
Equity Offering 28
Nexen Completes Public Offering Of Preferred Shares For US$200 Million 28
Debt Offering 30
CNOOC Completes Public Offering Of 3.75% Senior Unsecured Guaranteed Notes For US$450 Million 30
CNOOC Completes Public Offering Of 4.375% Senior Unsecured Guaranteed Notes For US$1 Billion 32
CNOOC Completes Public Offering Of 4.2% Notes, Due 2045, For US$300 Million 34
CNOOC Completes Public Offering Of 3.5% Notes Due 2025 For US$2 Billion 36
CNOOC Completes Public Offering Of 2.625% Notes, Due 2020, For US$1.5 Billion 38
CNOOC Completes Public Offering Of 4.25% Notes For US$2.25 Billion 40
CNOOC Completes Public Offering Of 4.875% Notes For US$500 Million 41
CNOOC Completes Public Offering Of 1.625% Notes Due 2017 For US$1.25 Billion 42
CNOOC Completes Public Offering Of 4.25% Notes Due 2043 For US$500 Million 43
CNOOC Completes Public Offering Of 1.125% Notes Due 2016 For US$750 Million 44
CNOOC Completes Public Offering Of 1.75% Notes Due 2018 For US$750 Million 45
CNOOC Completes Public Offering Of 3% Notes Due 2023 For US$2 Billion 46
CNOOC Completes Private Placement Of 5% Notes Due 2042 For US$500 Million 47
CNOOC Completes Private Placement Of 3.875% Notes Due 2022 For US$1.5 Billion 48
Asset Transactions 49
CNOOC Plans To Sell Interest In Oil And Gas Assets In Gulf of Mexico 49
CNOOC Plans To Sell Certain Oil And Gas Assets In Colorado And Wyoming 50
Nexen Energy Plans To Sell Non-Core Oil And Gas Properties In Alberta, Saskatchewan, And Northwest Territories 51
CNOOC Plans To Farm-Out Interests In Two Oil Blocks In Gulf of Mexico 52
Oil Search (PNG) Completes Acquisition Of 40% Interest In PPL 374 And PPL 375 Licenses Located Offshore Papua New Guinea, From Gini Energy 53
ExxonMobil Completes Acquisition Of 40% Interest In PPL374 And PPL 375 Licenses Located Offshore Papua New Guinea From Gini Energy 54
BP Acquires Interest In P2062 License In UK North Sea From Nexen Energy 55
EPL Oil & Gas Completes Acquisition Of Oil And Gas Assets In Gulf of Mexico From Nexen Petroleum For US$70.4 Million 56
Chevron China Energy Signs PSC With CNOOC For Blocks 15/10 And 15/28 In Pearl River Mouth Basin, Offshore China 57
Oryx Petroleum Acquires 20% Interest In Haute Mer A License Area Offshore Congo From CNOOC For US$14.1 Million 58
North Sea Ventures To Acquire 50% Interest In P234 Block 14/20c From Nexen Petroleum 59
Atlantic Petroleum Acquires 20% Interest In P.1100 Polecat Discovery, Blocks 20/4a And 20/9a, UK North Sea, From Nexen Petroleum 60
INPEX Completes Acquisition Of 40% Participating Interest In Shale Gas Projects In British Columbia From Nexen For US$675 Million 61
Acquisition 63
CNOOC Canada Completes Acquisition Of Nexen, Oil And Gas Company, For US$15.1 Billion 63
CNOOC To Acquire Additional 20% Stake In China United Coalbed Methane From China National Coal Group For US$92.2 Million 65
CNOOC Australia Acquires 70% Stake In PNG Energy From UMC Energy 66
CNOOC Acquires Zhuhai Donghua Natural Gas From Sinopec 67
CNOOC Ltd – Key Competitors 68
CNOOC Ltd – Key Employees 69
CNOOC Ltd – Locations And Subsidiaries 70
Head Office 70
Other Locations & Subsidiaries 70
Joint Venture 73
Recent Developments 74
License Rounds 74
Sep 19, 2017: Uruguay launches third licensing round for hydrocarbon exploration and production 74
Apr 12, 2017: CNOOC Announces Notification For Bidding Blocks Offshore China In 2017 76
License Awards 78
Oct 02, 2018: CNOOC signs production sharing contract with Empyrean Energy 78
Oct 01, 2018: Global oil companies win acreage in Brazilian offshore blocks auction 79
Jul 03, 2018: CNOOC Signs PSC With Roc Oil And Smart Oil 80
May 18, 2018: CNOOC Signs PSCs With Husky 81
Mar 29, 2018: Qatar Petroleum And Partners Win Bids For 4 Exploration Blocks Offshore Brazil 82
Oct 27, 2017: Shell Winning Bids Expand Pre-Salt Growth In Deep-Water Brazil 83
Sep 27, 2017: Petrobras Acquires Seven Blocks In 14th Round Of ANP Bidding 84
Sep 19, 2017: Armour Energy Granted Exploration Licence For Kanywataba Block In Uganda 85
Sep 14, 2017: DGR Interest In Ugandan Oil Project 86
Strategy and Business Expansion 88
Feb 01, 2018: CNOOC Announces Its 2018 Business Strategy And Development Plan 88
Sep 14, 2017: Nexen Energy: Announcement On Aurora LNG Feasibility Study 89
Mar 31, 2017: FAR Signs Strategic AMI Agreement With CNOOC UK 90
Jan 19, 2017: CNOOC Announces Its 2017 Business Strategy And Development Plan 91
Recent Discoveries 92
Jun 04, 2018: ROC Discovered Oil In Pearl River Mouth Basin, Offshore China 92
Dec 08, 2017: CNOOC: New Gas Field Discovery In Bohai Is Expected To Provide Quality Clean Energy In Beijing-Tianjin-Hebei Region 93
Drilling and Production Updates 94
Jul 31, 2017: CNOOC Announces BD Gas Field In Indonesia Commences Production 94
Financial Announcements 95
Aug 23, 2018: CNOOC announces 2018 interim results for the six months ended June 30, 2018 95
Mar 29, 2018: CNOOC Announces Reserve And Profit Significantly Increased, Net Profit Greatly Improved 96
Aug 24, 2017: CNOOC: Costs Continue To Improve With Profits Significantly Increased 97
Mar 23, 2017: CNOOC: Reshaping Cost Competitiveness, Steady Progress Made In All Businesses In 2016 98
Other Significant Developments 106
Oct 15, 2018: Qatar Petroleum to manage Idd El-Shargi North Dome field 106
Oct 04, 2018: Libra Consortium concludes extended well tests in Mero field 107
Sep 18, 2018: CNOOC announces Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project commences production 108
Sep 07, 2018: CNOOC sign oil exploration deal with Uganda’s UNOC 109
Sep 07, 2018: Roc Oil (China): Production increase at Weizhou oil fields 110
Sep 05, 2018: NNPC, China sign agreement on oilfield services, Research & Dev’t 111
Sep 04, 2018: HOEGH LNG : secures debt financing for fsru delivery 10 113
Sep 04, 2018: COOEC-Fluor completes module fabrication for Huizhou oilfield project 114
Aug 09, 2018: Energy firms to boost investments in Chinese oil and gas 115
Aug 08, 2018: Horizon Oil (HZN) begins production from infill wells on WZ 12-8w and WZ 12-8m fields in China 116
Jul 15, 2018: China offshore oil company to invest $3bn in nigeria 117
Jun 28, 2018: Tullow Oil Provides Trading Statement & Operational Update 118
Jun 21, 2018: Nexen Announces Positive Investment Decision To Grow Oil Sands Production 121
Jun 18, 2018: Empyrean Energy Provides Update On Block 29/11 Offshore China 122
May 18, 2018: Husky Announces Exploration Success In Asia Pacific And Atlantic Regions; Signs New PSCs In Asia 124
May 02, 2018: CNOOC And Shell Joint Venture Starts Production At New Petrochemical Units In China 125
Apr 27, 2018: CNOOC Announces Changes In Directors 126
Apr 25, 2018: Tullow Oil Provides AGM Trading Update 127
Apr 20, 2018: CNOOC Announces Key Operational Statistics For Q1 2018 131
Apr 16, 2018: G3 Exploration Provides Annual Audited Reserve Report 132
Mar 20, 2018: CNOOC Announces Weizhou 6-13 Oilfield Commences Production 134
Feb 12, 2018: CNOOC To Become Component Of Hang Seng China Enterprises Index 135
Feb 09, 2018: Arrival Of Egina FPSO In Nigeria 136
Feb 05, 2018: CNOOC Commences Production From Stampede Field 137
Jan 25, 2018: Petoro Iceland Relinquishes Last Licence On Icelandic Shelf 138
Jan 10, 2018: Tullow Oil Provides Trading Statement & Operational Update 139
Dec 19, 2017: Brazil: Total Launches Large-Scale Development Of Giant Libra Field 143
Nov 30, 2017: Petrobras files for declaration of commerciality of Libra production 144
Nov 28, 2017: CNOOC Announces Weizhou 12-2 Oil Field Phase II Project Commences Production 145
Nov 27, 2017: Total Announces Brazil’s Giant Libra Field Comes On Stream 146
Nov 15, 2017: Primeline Update On CNOOC Arbitration And Application For Interim Injunction Against CNOOC And CCL 147
Nov 09, 2017: Successful Completion And Delivery Of Sixth MODEC TLP 149
Nov 03, 2017: Third Liwan Gas Development On Track For 2021 Start-Up 150
Oct 30, 2017: Horizon Oil Provides Quarterly Report For Period Ending 30 September 2017 151
Oct 25, 2017: CNOOC Announces Key Operational Statistics For Q3 2017 154
Oct 03, 2017: TechnipFMC: Installation Of 6 Manifold Modules For Total’s Egina Project In Nigeria 155
Sep 19, 2017: NNPC To Fast-Track Local Capacity Development In Oil Industry 156
Sep 13, 2017: Armour Energy Announces Project And Corporate Update 158
Aug 18, 2017: ALSF Weighs In On Uganda’s Oil Refinery Project 161
Aug 08, 2017: CNOOC Announces Hangingstone Project Commences Production 162
Aug 08, 2017: JAPEX: Start Of Production Operations In Oil Sands Project At Hangingstone In Province Of Alberta, Canada, And Decision Not To Re-start SAGD Operations In 3.75 Section Area 163
Jul 06, 2017: Tragic Accident At South Korea’s Samsung Yard Delays Martin Linge Project In Norway 164
Jun 20, 2017: Teekay’s First LNG Newbuilding Carrier Built In China Completes Sea Trials 165
May 16, 2017: Alexey Miller Speaks At CNPC’s Roundtable On Oil And Gas Cooperation As Part Of Belt And Road Forum 166
May 12, 2017: Ministry Of Energy And Mineral Development Celebrating Annual Manifesto Week, From 12th To 19th May, 2017 168
May 03, 2017: Qatargas Delivers Commissioning Cargo To New Chinese LNG Terminal 177
May 02, 2017: Petrobras: Innovation And Increased Efficiency In Libra Field 178
Apr 27, 2017: CNOOC Limited Announces Key Operational Statistics for Q1 2017 179
Apr 12, 2017: Providence Resources Provides 2016 Annual Results – Significant Operational & Financial Progress In 2016 Drilling Set To Commence In Summer 2017 180
Apr 03, 2017: Sino Gas & Energy Holdings Provides Operations Update. 185
Mar 14, 2017: T&K Assists BHP Billiton, CNOOC, And PETRONAS In Signing Of Deepwater License Agreements In Mexico 187
Feb 10, 2017: CNOOC Announces Startup Of Hui Zhou 19-1 188
Jan 17, 2017: CNOOC begins production at Enping 23-1 oilfield in South China Sea 189
Jan 12, 2017: CNOOC Announces Penglai 19-9 Comprehensive Adjustment Project Commences Production 190
Jan 09, 2017: Vallourec Delivers Precision-Forged Pipes For World-Class Refinery 191
New Contracts Announcements 192
Oct 22, 2018: Total and CNOOC strengthen their long-term cooperation in LNG 192
Oct 22, 2018: Liuhua FPSO to get TMC compressors 193
Oct 05, 2018: Aker Solutions wins subsea order for Libra’s Mero field offshore Brazil 194
Aug 17, 2018: CNOOC awards contracts for Liuhua oil fields offshore Hong Kong 195
Aug 09, 2018: WorleyParsons: Nexen awards EPC contract for Buzzard Phase II development project 196
Jun 06, 2018: Royal IHC Secures Order For Offloading System 197
May 31, 2018: TechnipFMC Receives Subsea Contract From CNOOC For Liuhua Oilfields Project 198
Dec 19, 2017: MODEC Awarded Charter And Operation Services Contract For Mero Pilot FPSO By Petrobras And Partners Of LIBRA Consortium 199
Nov 02, 2017: ENGIE’s Cape Ann To Provide FSRU Services To Chinese Group CNOOC For Winter Season 200
Oct 04, 2017: Green Dragon Executes Another Three Supplementary Agreements 201
Sep 14, 2017: Wood Group Wins Subsea Contract Supporting CNOOC In South China Sea 204
Sep 05, 2017: CNOOC Signs PSC With SK 205
Apr 14, 2017: CNOOC Signs PSC With Husky 206
Apr 13, 2017: Husky Signs Agreement For New Exploration Block Offshore China 207
Mar 27, 2017: Maersk Drilling secures contract for jack-up rig Maersk Gallant 208
Mar 02, 2017: Plexus Holdings Awarded Contract By New Customer Nexen 209
Appendix 210
Methodology 210
About GlobalData 210
Contact Us 210
Disclaimer 210
CNOOC Ltd, Oil & Gas, Key Facts, 2017 2
CNOOC Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
CNOOC Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
CNOOC Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 10
CNOOC Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
CNOOC Ltd, Deals By Sector, 2012 to YTD 2018 12
CNOOC Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
Nexen Petroleum Completes Acquisition Of 80% Interest In License Option 16/23 Offshore Ireland From Faroe Petroleum 15
CNOOC Acquires 65% Interest In AGC Profond PSC, Offshore Senegal and Guinea-Bissau From Impact Oil 16
Tullow Oil To Sell 21.57% Interest In Lake Albert Oil Project In Uganda To Total And CNOOC For US$900 Million 17
CNOOC China Completes Acquisition Of Modular Drilling Rig, R5001, From China Oilfield Services For US$8.2 Million 19
CNOOC Completes Acquisition Of 51% Working Interest In Block 33/07 From Primeline Energy China And Primeline Petroleum 20
CNOOC Mulls Acquisition Of Exploration License Offshore Cyprus 21
CNOOC Completes Acquisition Of 33.33% Interest In Exploration Licenses In Uganda From Tullow Oil For US$1.47 Billion 22
CNOOC Energy Technology Forms Joint Venture With MSP/DRILEX 23
CNOOC Gas & Power Forms Partnership With Huainan Mining Industry To Build LNG Terminal In China 24
Government Of Uganda, Total, Tullow Oil And CNOOC To Form Partnership To Develop Lake Albert Rift Basin Assets 25
Forum Energy Plans To Form Partnership With CNOOC 26
CNOOC Enters Into Partnership Agreement With SANY Heavy Industry 27
Nexen Completes Public Offering Of Preferred Shares For US$200 Million 28
CNOOC Completes Public Offering Of 3.75% Senior Unsecured Guaranteed Notes For US$450 Million 30
CNOOC Completes Public Offering Of 4.375% Senior Unsecured Guaranteed Notes For US$1 Billion 32
CNOOC Completes Public Offering Of 4.2% Notes, Due 2045, For US$300 Million 34
CNOOC Completes Public Offering Of 3.5% Notes Due 2025 For US$2 Billion 36
CNOOC Completes Public Offering Of 2.625% Notes, Due 2020, For US$1.5 Billion 38
CNOOC Completes Public Offering Of 4.25% Notes For US$2.25 Billion 40
CNOOC Completes Public Offering Of 4.875% Notes For US$500 Million 41
CNOOC Completes Public Offering Of 1.625% Notes Due 2017 For US$1.25 Billion 42
CNOOC Completes Public Offering Of 4.25% Notes Due 2043 For US$500 Million 43
CNOOC Completes Public Offering Of 1.125% Notes Due 2016 For US$750 Million 44
CNOOC Completes Public Offering Of 1.75% Notes Due 2018 For US$750 Million 45
CNOOC Completes Public Offering Of 3% Notes Due 2023 For US$2 Billion 46
CNOOC Completes Private Placement Of 5% Notes Due 2042 For US$500 Million 47
CNOOC Completes Private Placement Of 3.875% Notes Due 2022 For US$1.5 Billion 48
CNOOC Plans To Sell Interest In Oil And Gas Assets In Gulf of Mexico 49
CNOOC Plans To Sell Certain Oil And Gas Assets In Colorado And Wyoming 50
Nexen Energy Plans To Sell Non-Core Oil And Gas Properties In Alberta, Saskatchewan, And Northwest Territories 51
CNOOC Plans To Farm-Out Interests In Two Oil Blocks In Gulf of Mexico 52
Oil Search (PNG) Completes Acquisition Of 40% Interest In PPL 374 And PPL 375 Licenses Located Offshore Papua New Guinea, From Gini Energy 53
ExxonMobil Completes Acquisition Of 40% Interest In PPL374 And PPL 375 Licenses Located Offshore Papua New Guinea From Gini Energy 54
BP Acquires Interest In P2062 License In UK North Sea From Nexen Energy 55
EPL Oil & Gas Completes Acquisition Of Oil And Gas Assets In Gulf of Mexico From Nexen Petroleum For US$70.4 Million 56
Chevron China Energy Signs PSC With CNOOC For Blocks 15/10 And 15/28 In Pearl River Mouth Basin, Offshore China 57
Oryx Petroleum Acquires 20% Interest In Haute Mer A License Area Offshore Congo From CNOOC For US$14.1 Million 58
North Sea Ventures To Acquire 50% Interest In P234 Block 14/20c From Nexen Petroleum 59
Atlantic Petroleum Acquires 20% Interest In P.1100 Polecat Discovery, Blocks 20/4a And 20/9a, UK North Sea, From Nexen Petroleum 60
INPEX Completes Acquisition Of 40% Participating Interest In Shale Gas Projects In British Columbia From Nexen For US$675 Million 61
CNOOC Canada Completes Acquisition Of Nexen, Oil And Gas Company, For US$15.1 Billion 63
CNOOC To Acquire Additional 20% Stake In China United Coalbed Methane From China National Coal Group For US$92.2 Million 65
CNOOC Australia Acquires 70% Stake In PNG Energy From UMC Energy 66
CNOOC Acquires Zhuhai Donghua Natural Gas From Sinopec 67
CNOOC Ltd, Key Competitors 68
CNOOC Ltd, Key Employees 69
CNOOC Ltd, Other Locations 70
CNOOC Ltd, Subsidiaries 70
CNOOC Ltd, Joint Venture 73
List of Figures
CNOOC Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
CNOOC Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
CNOOC Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
CNOOC Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
CNOOC Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
CNOOC Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 10
CNOOC Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
CNOOC Ltd, Oil & Gas, Deals by Sector, 2012 to YTD 2018 12
