CNOOC Ltd cheers for first oil at Luda prospect in Bohai Bay

Field is expected to reach peak production of about 10,000 bpd of oil in 2022

The Beijing-headquartered CNOOC Ltd plans to start production at 10 new offshore fields in the second half this year.
The Beijing-headquartered CNOOC Ltd plans to start production at 10 new offshore fields in the second half this year.Photo: CHINA STRINGER NETWORK
Published 25 August 2021, 01:53Updated 25 August 2021, 01:53