(EnergyAsia, September 8) — CNOOC Ltd, the subsidiary of China National Offshore Oil Corporation (CNOOC), said its first half net profit surged 68.6% to a historical high of RMB11.83 billion. (US$1=RMB8.1). The company’s net production increased 14.9% to 420,325 barrels of oil equivalent (BOE) per day over the same period. This comprised 356,826 barrels of…
CHINA: CNOOC Ltd said first half net profit surged 68.6% with net production growth of 14.9%
Posted on September 8, 2005 by EnergyAsia