China: CNOOC Ltd Announces Commencement of Oil Production from BZ 29-4

CNOOC Limited  announced today that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully. BZ 29-4 oil field, with an averaged water depth of about 22 meters, is located in the south part of Bohai Bay. The field’s development and production operation will mainly rely on the facilities of the [...]