popular articles

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.

Please 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.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The global oil industry prepares for further disruptions as oil prices fall below USD 60 per barrel, a level unseen since 2021. The decline in investments, particularly in the US shale sector, raises concerns.
US crude inventories increased by 200,000 barrels last week, far below analysts' forecasts. However, oil prices remain under pressure following the announcement of a potential rise in production by OPEC+.
US crude inventories increased by 200,000 barrels last week, far below analysts' forecasts. However, oil prices remain under pressure following the announcement of a potential rise in production by OPEC+.
Thousands of miners blocked the streets of La Paz on April 23, 2025, to protest the shortage of dollars and fuel, which is particularly affecting Bolivia's mining sector.
Thousands of miners blocked the streets of La Paz on April 23, 2025, to protest the shortage of dollars and fuel, which is particularly affecting Bolivia's mining sector.
OPEC Secretary General Haitham Al Ghais emphasizes the need to reconcile energy security with emission reduction goals, in light of the International Energy Agency's (IEA) approach.
OPEC Secretary General Haitham Al Ghais emphasizes the need to reconcile energy security with emission reduction goals, in light of the International Energy Agency's (IEA) approach.
The DBM-1 ST2 appraisal well confirms a significant oil discovery offshore Gabon. The Bourdon project could add up to 25 million recoverable barrels to BW Energy's reserves, further strengthening the Dussafu licence development.
Woodside Energy recorded stable production and revenues of 3,315 million USD in Q1 2025, with a notable increase in production at Sangomar, but a slight decline due to weather impacts at other sites.
Woodside Energy recorded stable production and revenues of 3,315 million USD in Q1 2025, with a notable increase in production at Sangomar, but a slight decline due to weather impacts at other sites.
Canadian company TAG Oil has completed the sale of its interests in five production permits in New Zealand to Kiwi Royalty Limited, for a total consideration of up to USD 2.5 mn.
Canadian company TAG Oil has completed the sale of its interests in five production permits in New Zealand to Kiwi Royalty Limited, for a total consideration of up to USD 2.5 mn.
The Egyptian government is launching a 75-well drilling campaign in the Eastern Desert, aiming for a 9% increase in crude output in fiscal year 2024/2025.
The Egyptian government is launching a 75-well drilling campaign in the Eastern Desert, aiming for a 9% increase in crude output in fiscal year 2024/2025.
Reconnaissance Energy Africa has signed a memorandum of understanding with ANPG to explore 5.2 mn onshore acres in Angola, expanding its operations into the Damara Fold Belt and Rift Basin.
The IMF forecasts robust economic growth for Libya in 2025 driven by oil, but warns that structural reforms are essential to avoid renewed vulnerability to global market shocks.
The IMF forecasts robust economic growth for Libya in 2025 driven by oil, but warns that structural reforms are essential to avoid renewed vulnerability to global market shocks.
The United States has sanctioned Shandong Shengxing Chemical Co., accused of purchasing Iranian oil. This move is part of the "maximum pressure" strategy against Iran, aimed at limiting its oil exports.
The United States has sanctioned Shandong Shengxing Chemical Co., accused of purchasing Iranian oil. This move is part of the "maximum pressure" strategy against Iran, aimed at limiting its oil exports.
Rönesans Holding announces a major $2 billion investment to build a polypropylene (PP) production plant in Ceyhan, Turkey, in partnership with SONATRACH and Stolt-Nielsen. This project is expected to strengthen the country’s industrial self-sufficiency.
Rönesans Holding announces a major $2 billion investment to build a polypropylene (PP) production plant in Ceyhan, Turkey, in partnership with SONATRACH and Stolt-Nielsen. This project is expected to strengthen the country’s industrial self-sufficiency.
Libya begins an international promotional tour to present 22 oil blocks, aiming to revive a strategic sector affected by years of instability.
Tullow Oil sold its stakes in the Lokichar Basin to Gulf Energy while retaining a future entry right, marking a new step in its debt reduction strategy in Kenya.
Tullow Oil sold its stakes in the Lokichar Basin to Gulf Energy while retaining a future entry right, marking a new step in its debt reduction strategy in Kenya.
US crude reserves rose by only 500,000 barrels, falling short of forecasts, while exports reached their highest level in a year.
US crude reserves rose by only 500,000 barrels, falling short of forecasts, while exports reached their highest level in a year.
Amplify Energy has amended the terms of its merger with Juniper Capital, which will inject an additional $10 mn in cash to strengthen the combined entity's financial position amid oil price volatility.
Amplify Energy has amended the terms of its merger with Juniper Capital, which will inject an additional $10 mn in cash to strengthen the combined entity's financial position amid oil price volatility.
The International Energy Agency anticipates weaker oil demand growth in 2025, driven by US tariff tensions disrupting market stability and weighing on the shale oil sector.
British group BP has announced a new oil discovery in the deep waters of the Gulf of Mexico, strengthening its investment strategy in hydrocarbons with the aim of increasing production by 2030.
British group BP has announced a new oil discovery in the deep waters of the Gulf of Mexico, strengthening its investment strategy in hydrocarbons with the aim of increasing production by 2030.
International Petroleum Corporation repurchased 277,060 common shares between 7 and 11 April under its ongoing share buyback programme, using the Toronto and Stockholm exchanges.
International Petroleum Corporation repurchased 277,060 common shares between 7 and 11 April under its ongoing share buyback programme, using the Toronto and Stockholm exchanges.
CNOOC Limited has begun production at the offshore Wenchang 9-7 oilfield, located in the western Pearl River Mouth Basin, targeting 12,000 barrels of oil equivalent per day by 2027.
CNOOC Limited has begun production at the offshore Wenchang 9-7 oilfield, located in the western Pearl River Mouth Basin, targeting 12,000 barrels of oil equivalent per day by 2027.
Petro-Victory Energy secures key assets in Brazil through strategic alliances and acquisitions, consolidating its onshore market position and initiating a new phase of development.
Trio Petroleum Corporation has completed the acquisition of producing oil assets from Novacor Exploration in the prolific Lloydminster region of Canada, consolidating its strategic presence in North America's heavy oil sector.
Trio Petroleum Corporation has completed the acquisition of producing oil assets from Novacor Exploration in the prolific Lloydminster region of Canada, consolidating its strategic presence in North America's heavy oil sector.
Road fuel volumes declined while jet fuel and non-road diesel increased, according to March 2025 data from the Comité Professionnel du Pétrole.
Road fuel volumes declined while jet fuel and non-road diesel increased, according to March 2025 data from the Comité Professionnel du Pétrole.
Chevron returned several crude shipments to Venezuela after failing to sell them due to US-imposed financial sanctions, despite holding a temporary authorisation to operate until the end of May.
Chevron returned several crude shipments to Venezuela after failing to sell them due to US-imposed financial sanctions, despite holding a temporary authorisation to operate until the end of May.

Advertising