HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025, Words: 539) — CNOOC Limited announced its business strategy and development plan for the year 2025.
CNOOC eyes its net production will exceed 2 million barrels of oil equivalent per day (MMboe/d) in 2025. The net production target for is 760-780 MMboe in 2025, of which, the production from China and overseas will account for 69% and 31%, respectively. This compares to estimated net production of 720 MMboe in 2024, CNOOC said 22 Jan. 2025 in an official statement.
