CNOOC Achieves Four Offshore Discoveries and Advances Energy Transition Initiatives
CNOOC reported four offshore discoveries and 16 successful appraisals in H1 2026, enhancing recovery efforts. The company is focusing on energy transition technologies such as floating wind and carbon capture to complement its conventional oil operations.
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In the first half of 2026, CNOOC made four offshore discoveries and completed 16 successful appraisals. Key developments included the Penglai 19-3 and Huizhou 25-8 oilfield projects in offshore China. The company adapted reservoir management to improve recovery rates and implemented various workover operations to boost production volumes.
CNOOC's Digital & Intelligent initiative is enhancing its digital capabilities, featuring the Haineng-Zhiqing platform. It also introduced China's first tension-leg floating wind power platform, expected to generate 54 million kWh/year. Additionally, the company is advancing its deepsea wind power project and has fully commissioned an offshore carbon capture project.
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