CNOOC Launches Wenchang 9-7 Oilfield Development Project

Energy Project | Apr 13, 2025 | EIN

CNOOC Limited has announced the commencement of production at the Wenchang 9-7 Oilfield Development Project, located in the western Pearl River Mouth Basin. This project, which marks the introduction of innovative offshore oil recovery technologies, comprises a new drilling and production platform, and plans for 25 development wells, expected to reach 12,000 barrels per day by 2027. It's lauded for its green initiatives, including zero flaring and the world's first offshore high-temperature flue gas ORC power generation unit. Holding 100% interest, CNOOC aims for efficient and sustainable resource utilization. This venture underscores CNOOC's commitment to reducing carbon emissions while enhancing offshore recovery efficiency.

Sectors

Oil and Gas Exploration and Production
Renewable Energy and Sustainability

Geography

China – The article is focused on CNOOC Limited’s project in the Pearl River Mouth Basin located in China, and the company is headquartered in Hong Kong.

Industry

Oil and Gas Exploration and Production – The article discusses the development and commencement of an oilfield production project by CNOOC Limited, involving offshore oil recovery and energy efficiency technologies.
Renewable Energy and Sustainability – The article details CNOOC's efforts towards green technologies, such as zero flaring and advanced power generation, aligning with sustainability objectives.

Financials

Participants

Name	Role	Type	Description
CNOOC Limited	Operator	Company	CNOOC Limited is responsible for the development and production of the Wenchang 9-7 Oilfield project and holds 100% interest in it.
Ms. Cui Liu	Media & Public Relations	Person	Point of contact for media enquiries at CNOOC Limited.
Mr. Bunny Lee	International Finance Communications	Person	Representative from Porda Havas International Finance Communications Group, managing external communications for CNOOC.