Production

CNOOC Ltd ramps up 2022 budget as it targets higher production

The company has budgeted $14 billion - $15.6 billion for spending in 2022, of which 98% will go to upstream E&P

CNOOC Ltd powers ahead with more spending for higher production.
CNOOC Ltd powers ahead with more spending for higher production.Photo: CHINA STRINGER NETWORK
  • Xu Yihe
Singapore
CNOOIC LtdChinaAsia & OceaniaEast Asia
Published 13 January 2022, 10:33Updated 13 January 2022, 10:34