CNOOC Launches Production of Bozhong 19-2 Project

The oil giant CNOOC Limited announces the commencement of production of the Bozhong 19-2 project, located in Bohai Bay, marking a key milestone in the effective development of offshore resources in China.

Share:

CNOOC Limited, one of the leading energy companies in China, has officially launched production of the Bozhong 19-2 oilfield development project. This strategic project is located in central Bohai Bay, a region recognized as the largest crude oil production base in China. With an average water depth of about 20 meters, the site presents favorable conditions for the exploitation of offshore resources.

The Bozhong 19-2 project includes the establishment of new production infrastructures. Among these, a centralized processing platform has been inaugurated, accompanied by four new unmanned wellhead platforms. These modern facilities are designed to optimize the extraction and processing of crude oil, thereby ensuring efficient and secure production.

Infrastructure and Production Capacity

The development of the project plans the commissioning of 59 development wells, divided between 34 production wells and 25 water-injection wells. This configuration aims to maximize crude oil recovery while maintaining reservoir pressure through water injection, a technique commonly used to extend the lifespan of oilfields. The oil property being exploited is heavy crude oil, which requires specific technologies for its extraction and processing.

The project’s peak production target is estimated at approximately 18,800 barrels of crude oil per day by 2025. This significant increase in production contributes not only to CNOOC’s growth objectives but also to China’s energy security by enhancing its capacity to meet the growing domestic demand.

Technologies and Innovations Employed

One of the keys to the success of the Bozhong 19-2 project lies in the use of smart engineering techniques and standardized construction. These approaches have remarkably reduced the project’s construction cycle, thereby accelerating the start of production. Smart engineering encompasses the integration of automated systems and advanced monitoring technologies, ensuring optimal management of operations and reducing risks associated with offshore exploitation.

Furthermore, standardized construction has minimized delays and costs while ensuring the quality and reliability of the infrastructures. This method involves using predefined processes and components, thereby facilitating repeatability and efficiency in the setup of platforms and production facilities.

Impact on Offshore Resource Development

The commencement of production of the Bozhong 19-2 project marks a significant advancement in the development of offshore resources in Bohai Bay. This region, being the largest crude oil production base in China, plays a crucial role in the country’s energy supply. Increased efficiency in resource exploitation through projects like Bozhong 19-2 strengthens China’s position as a leader in the offshore oil sector.

Moreover, the project contributes to the diversification of CNOOC’s energy portfolio by integrating sources of heavy crude oil that complement other types of crudes already exploited by the company. This diversification is essential to mitigate risks associated with fluctuations in oil markets and to ensure long-term stability of energy production.

Future Prospects and Sustainable Development

In the future, CNOOC plans to expand its operations in Bohai Bay by capitalizing on the successes achieved with the Bozhong 19-2 project. The company intends to invest in new technologies and adopt more sustainable practices to minimize the environmental footprint of its offshore activities. Implementing environmental management systems and adopting emission reduction technologies are priorities to ensure responsible exploitation of natural resources.

The launch of the Bozhong 19-2 project by CNOOC Limited represents a major step in the development of offshore petroleum resources in China. Through technological innovations and effective management, this project significantly contributes to national energy security and the country’s economic growth.

OMS Energy Technologies Inc. reports solid financial results for 2025, driven by marked revenue growth, improved gross margin and a reinforced cash position in a shifting market.
Five employees injured in an explosion at the Pascagoula refinery are suing Chevron for negligence, seeking significant compensation and alleging major breaches of safety regulations.
South Korea and Japan are reinforcing coordination on strategic stocks and oil logistics as growing dependence on Gulf imports and geopolitical tensions affect the Asian market.
Sonatrach continues to assess underexploited oil and gas areas with the support of Sinopec, following a gradual strategy to strengthen its position on the regional energy market.
Venezuelan oil group PDVSA is mobilising to restart export operations under conditions similar to previous US licences, as Washington prepares to again authorise its main partners to operate.
Two separate strikes in the Vaca Muerta region threaten to disrupt oil and gas production after historic records, with unions protesting layoffs and unpaid wages in a rapidly expanding sector.
US refiner Phillips 66 posted quarterly earnings above expectations, driven by high utilisation rates and lower maintenance costs across its facilities.
The advisory opinion issued by the International Court of Justice increases legal exposure for states and companies involved in the licensing or expansion of oil and gas projects, according to several international law experts.
US oil company Chevron has received new approval from American authorities to relaunch its operations in Venezuela, halted since May following the revocation of its licence under the Trump administration.
The Dangote refinery complex in Nigeria is planning a scheduled forty-day shutdown to replace the catalyst and repair the reactor of its gasoline production unit, starting in early December.
Indonesia Energy plans to drill two new wells on the Kruh block in Indonesia before the end of 2025, following a 60% increase in proven reserves thanks to recent seismic campaigns.
CanAsia Energy Corp. confirms it has submitted a bid for oil and gas exploration and production in Thailand, reinforcing its international strategy within a consortium and targeting a block in the 25th onshore round.
The decrease in US commercial crude oil stocks exceeds expectations, driven by a sharp increase in exports and higher refinery activity, while domestic production shows a slight decline.
Pacific Petroleum and VCP Operating finalise the $9.65mn acquisition of oil assets in Wyoming, backed by a consortium of Japanese institutional investors and a technology innovation programme focused on real-world asset tokenisation.
Repsol's net profit fell to €603mn in the first half, impacted by oil market volatility and a massive power outage that disrupted its activities in Spain and Portugal.
A USD 1.1 billion refinery project in Ndola, signed with Fujian Xiang Xin Corporation, aims to meet Zambia's domestic demand and potentially support regional exports.
The Organization of the Petroleum Exporting Countries (OIES) confirmed its Brent price forecast at 69 USD/b in 2025 and 67 USD/b in 2026, while adjusting its 2025 surplus forecast to 280,000 barrels per day.
PermRock Royalty Trust has declared a monthly distribution of 395,288.31 USD, or 0.032491 USD per trust unit, payable on August 14, 2025, based on production revenues from May 2025.
Portuguese group Galp Energia announced an adjusted net profit of €373 million for Q2 2025, a 25% increase from the previous year, driven by higher hydrocarbon production in Brazil.
Kuwait Petroleum Corporation (KPC) adjusts its strategy by reducing its tenders while encouraging private sector participation to meet its long-term objectives by 2040, particularly in the petrochemical industry.