Field_Development

CNOOC Ltd opens the taps on 2020 spending

Chinese giant to plough up to $13.6 billion into its upstream operations - 12.5% more than last year

Ramp-up: China's CNOOC Ltd is to spend 12% more on exploration and production this year
Ramp-up: China's CNOOC Ltd is to spend 12% more on exploration and production this yearPhoto: AP/SCANPIX
  • Xu Yihe
Singapore
China National Offshore Oil CorpChinaExxonMobilGuyanaPearl River Mouth
Published 15 January 2020, 14:47Updated 15 January 2020, 14:47