CNOOC, ADNOC Agree to Deepen Cooperation

© Alexandre / Adobe Stock
© Alexandre / Adobe Stock

China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.

Under the agreement, the companies will cooperate in oil, gas exploration and production, oilfield services and the trading of crude oil and liquefied natural gas, CNOOC, parent of CNOOC Ltd, said a press release.

They will also deepen work in the new energy sector and in low-carbon projects, CNOOC added.


(Reuters - Reporting by Chen Aizhu; editing by Jason Neely)


Current News

New England States Move Forward with Three Giant Offshore Wind Farms

New England States Move Forwar

Subsea7 Reveals it is Supporting Shell's Vito Waterflood Project

Subsea7 Reveals it is Supporti

Norway Attracts 21 Bidders in Latest Oil and Gas Exploration Round

Norway Attracts 21 Bidders in

EU Grants Over $20M for Pilot Wave Energy Farm Offshore Portugal

EU Grants Over $20M for Pilot

Subscribe for OE Digital E‑News

Offshore Engineer Magazine