225 and 231 million barrels of oil equivalent (BOE) this year, up from net production of 194 to 196 million BOE, with WTI at US$100.1/barrel) for 2008. For 2009, CNOOC Ltd, which is assuming the WTI price at US$60 barrel, said it plans to bring onstream 10 new projects. Eight of them will be located…
CHINA: CNOOC Ltd aims to produce at least 225 million barrels of oil equivalent in 2009
Posted on February 8, 2009 by EnergyAsia