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  • CNOOC Limited Announces Successful Bid for Libra Field in Brazil
    édité le 22/10/2013 - Plus de news de "CNOOC" - Voir la fiche entreprise de "CNOOC"


CNOOC Limited Announces Successful Bid for Libra Field in Brazil
On October 22, CNOOC Limited announced that the company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil discovery in the Santos Basin, offshore Brazil.

The company holds 10% percent in the winning consortium, with the operator Petrobras (40%), Shell (20%), Total (20%) and CNPC (10%).

As part of the winning bid, CNOOC Limited will pay 1.5 billion Brazilian Reais (approximately US$0.7 billion) as its 10% share of the signing bonus, and the winning consortium will conduct a minimum work program no later than end 2017.

Libra field is located in Santos Basin, approximately 170 kilometers off the coast of Rio de Janeiro. The block covers approximately 1,550 square kilometers with water depths of around 2,000 meters.
The Brazilian regulator, Agência Nacional do Petróleo (ANP) estimates that the recoverable resources of Libra field is between 8 to 12 billion barrels of oil and a total gross peak oil production could reach 1.4 million barrels per day.

Mr. Li Fanrong, CEO of the company commented, "Libra field in Brazil is one of the largest deepwater oil accumulations in the world. The participation of CNOOC Limited in Libra project not only signifies the milestone of a strategic entry into ultra-deepwater field for the company, it also aligns with our philosophy of seeking partnerships to expand our global footprints."

About CNOOC
China National Offshore Oil Corporation ("CNOOC"), the largest offshore oil and gas producer in China, is a mega government owned company operating directly under the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. In 2013, the Company's rankings in the Fortune Global 500 rose to 93. In 2012, our position in Petroleum Intelligence Weekly's World Top 50 Oil Companies rose to 33rd. Standard & Poor's and Moody's continue to rate the Company with creditratings of AA- and Aa3, the highest for a Chinese corporation.


Origine : Communiqué CNOOC

Voir la fiche entreprise de "CNOOC"



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