BEIJING, Nov 29 (Reuters) - CNOOC Ltd, a listed
branch of China National Offshore Oil Corp (CNOOC),
said on Monday it had started production at the second phase of
its Buzzard project in Britain.
The project is expected to reach peak production of about
12,000 barrels of oil equivalent per day in 2022, driving
Buzzard's total production to 80,000 barrels of oil equivalent
per day.
Located 100 km (62 miles) northeast of Aberdeen with average
water depth of about 96 metres, the project will use the
existing Buzzard facility and has built a set of underwater
production systems, two production wells and two water injection
wells.
CNOOC Petroleum Europe Ltd, a wholly owned subsidiary of
CNOOC Ltd, is the operator of Buzzard and holds 43.21% interest
in the project.
The remaining interests are held by Suncor Energy,
Harbour Energy and ONE-Dyas.
(Reporting by Muyu Xu and Shivani Singh; Editing by Edmund
Blair)