China achieves first oil at new South China Sea field

Chinese offshore operator CNOOC Ltd has announced first oil from the Lufeng 12-3 oilfield in the South China Sea’s Pearl River Mouth basin.

With an average water depth of approximately 240 metres, the field includes one wellhead platform tied back to the Hai Yang Shi You 123 floating production, storage and offloading vessel, built by Chinese yard China Merchants Heavy Industry (CMHI).