RE: Indonesia29 Nov 2021 11:26
Hi Shal1000,
Great to see we had an opening upwards gap in HBR this morning as for the rest of other stocks too. Anyhow, I believe that anything it's possible for the hbr BoD if they think that is a great not to be missed opportunity since they're already the 'kid's playing in the block' with the big O&G toys and who not better that themselves being from the same hood. Hahaha. (*__*).
Harbour Energy News Update
[@oil, Shut-Your-mouth]
BEIJING, Nov 29 (Reuters) – CNOOC Ltd , a listed branch of China National Offshore Oil Corp (CNOOC) SASACY.UL , 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.
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