29 March 2024
CNOOC targets 2.4% oil and gas output increase in 2012
Publication date: 19 January 2012
Gas Strategies Group
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China’s state-run CNOOC aims to increase oil and gas production by visual_editor.4% in visual_editor01visual_editor as more projects start operation and the company invests further in exploration and production. CNOOC chief executive Li Fanrong said in a statement that the company would still target 6-10% compound annual growth rates for production between visual_editor011 and visual_editor015, partly by pushing for deepwater exploration and development.