Revenues reached $4 billion in the three months period, a 30% fall compared to $6 billion reported in the first quarter of last year, “mainly due to the sharp decrease in international oil prices”, the company said.
Total net production in the period, however, increase 5% year-on-year to 124.3 million barrels of oil equivalent, “mainly attributable to the production contribution from new projects in offshore China that commenced production during 2015”, CNOOC Ltd added.
For
