HZN 0.00% 19.5¢ horizon oil limited

HYSY941, page-8

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    Thank jo

    freida is this the development you were referring to?

    CNOOC to lease Mopu
    CNOOC Limited is acquiring a mobile offshore production platform for the Weizhou 12-8 East satellite project in Beibu Gulf. The joint venture owners will lease the Mopu which, according to co-owner Horizon Oil, is already "substantially constructed"


    Production by CNOOC at the Beibu oil fields

    The Beibu Gulf project started production in March 2013. The development of the field involved two remote wellhead platforms and one joint processing platform. These are linked by bridge to CNOOC’s Wei 12-1A platform complex and use the available water injection and gas processing facilities.
    A new integrated processing platform installed in November 2012, hosts production from two unmanned platforms in Wei 6-12 and Wei 12-8 fields.
    The processed oil is transported to the storage and export terminal located at Weizhou Island via pipelines. The 32km, 16-in pipeline is also owned and operated by CNOOC.
    Last edited by m0ngy: 30/11/18
 
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