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China’s largest  offshore oilfield yields over 30m tonnes of crude oil

China’s largest offshore oilfield yields over 30m tonnes of crude oil

January 10, 2022

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China’s largest offshore oilfield yields over 30m tonnes of crude oil

Web DeskbyWeb Desk
January 10, 2022
in China
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China’s largest  offshore oilfield yields over 30m tonnes of crude oil
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China’s largest oil field located in Bohai Bay produced more than 30 million tonnes of crude oil in 2021, top-ranked nationwide, China National Offshore Oil Corporation (CNOOC) said on Sunday. The oilfield contributed half of the country’s crude oil output increase last year.
China’s offshore oil output reached 48.64 million tonnes with a year-on-year increase of 3.23 million tonnes, taking up 80 percent of the total national oil growth, according to China Media Group. It was the third consecutive year that offshore oil production accounted for over half of the national oil growth, signaling the exploration offshore for natural resources has become crucial to the country’s drive for the production. – CGTN

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