CNOOC shuts down a Bohai Bay oilfield

Posted on: Fri, 13 Nov 2009 04:19:00 EST


Symbols: CEO
BEIJING, Nov 13, 2009 (Xinhua via COMTEX) --
CEO | Quote | Chart | News | PowerRating -- CNOOC Ltd. (CEO.NYSE; 0883.HK) said
on Thursday that production at one of its oilfields on China's Bohai
Bay has been halted after being hit by strong winds.

The BZ25-1 field, which has a daily production of 27,000 barrels
of oil, has been closed since Tuesday, CNOOC said.

The firm did not say when the oilfield would resume production.

CNOOC owns an 83.8 percent stake in the oilfield with the
remaining held by Chevron Corp.

For full details on CNOOC ADS (CEO) CEO. CNOOC ADS (CEO) has Short Term PowerRatings at TradingMarkets. Details on CNOOC ADS (CEO) Short Term PowerRatings is available at This Link.

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