Its role Investor / Financier
China National Oil and Gas Exploration and Development Corporation (CNODC) is the international exploration and production arm of China National Petroleum Corporation (CNPC), responsible for managing and investing in CNPC’s overseas oil and natural gas portfolio. The company focuses on upstream activities—geological exploration, field development, and production—often through production-sharing contracts and joint ventures with national and international partners.
CNODC operates and holds interests in onshore and offshore projects across the Middle East, Africa, Central Asia, Latin America, and the Asia–Pacific. In addition to upstream operations, it participates in related midstream arrangements where linked to its fields, including pipelines and LNG offtake, to bring hydrocarbons to market. By supplying crude oil and natural gas that underpin fuels and serve as key feedstocks, CNODC is a significant upstream contributor to global energy and petrochemical value chains.
chemXplore tracks 2 projects involving CNODC, of which one is active.
Besides this one, the record holds 1 completed project.
Closest to start-up first.
The 1 that is completed, on hold or cancelled are in the record. See all 2 in chemXplore →
Left Singapore on 18/10 bound for the Búzios pre-salt field; part of the 80-series of six platforms with nominal 225,000 bpd and 12 million m³ gas compression capacity; start expected next year.
Two pre-salt platforms bound for the Búzios field will sail to Brazil for 2027 start-up; each can produce 225,000 b/d and treat 12 million m³/d of gas.
July average exports reached 10.8 million m³/d; daily peak hit 14.1 million m³ on 6 August after CO₂-membrane upgrades and Route 3 operation.
Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
Record oil, NGL and gas output reached 3.34 MMboed in Q2, up 14.1% YoY; operated production 4.87 MMboed; refinery utilisation 101.2% and derivative imports at pandemic-low.
Record reached after P-78 and P-79 began ramping up; field operates eight production units and plans 12 FPSOs.
Supplies about one-third of Brazil's operated oil output; P-78/P-79 ramping up; 12 FPSOs planned with P-80/82/83 under construction.
Brought online three months early, FPSO adds 180,000 bpd and 7.2M m³/d compression, raising field capacity to ~1.33M bpd; 14 wells planned and up to 3M m³/d gas export.
