China’s CNOOC to prioritize production, expanding overseas business: executives

China’s top offshore producer CNOOC will continue prioritizing exploration and development in domestic assets, while expanding overseas business and pushing forward energy transition actively and prudently, senior officials said March 21 at the company’s 2023 annual results briefing. “Strategically, we will invest more effort in exploration and development to lift domestic reserves and production as well as push forward energy…China’s top offshore producer CNOOC will continue prioritizing exploration and development in domestic assets, while expanding overseas business and pushing forward energy transition actively and prudently, senior officials said March 21 at the company’s 2023 annual results briefing. “Strategically, we will invest more effort in exploration and development to lift domestic reserves and production as well as push forward energy…  Read More