CNOOC restarts production at BoZhong oil field in Bohai Bay

By Phaedra Friend Troy

China National Offshore Oil Company CNOOC Limited (NYSE: CEO) has restarted oil production at the BoZhong 28-2 South (BZ 28-2S) development following repairs.

Rough sea conditions in April 2011 caused a malfunction on the single point mooring system on the Floating Storage Production Offloading (FPSO) vessel at the BoZhong development. CNOOC immediately suspended operations at the oil fields.
 
Following the incident, CNOOC created a recovery plan for the oil field and commenced repairing the Haiyangshiyou 102 FPSO at BZ 28-2S.

The FPSO has restarted oil production, reaching the production capacity that was achieved before the accident of 39,000 barrels of oil a day.

Located in the Bohai Bay offshore China, the BZ 28-2Z development encompasses four fields, including BZ 28-2S, BZ 28-2SN, BZ 34-1N and BZ 29-4. Wholly owned and operated by CNOOC, the production hub consists of the FPSO and a central production platform.

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