CHINESE oil giant CNOOC is bullish on exploration with its 2023 production target now 660 million barrels of oil equivalent, a rise of 8% over last year's 620MMboe.
It plans production of 730MMboe-740MMboe by 2025, and said it expects nine new projects online this year. While most of these are domestic, two projects in South America, will contribute to the...
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