|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||120.06 - 123.70|
|52 Week Range||84.91 - 131.83|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||10.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||162.40|
China's offshore oil and gas major CNOOC Ltd has put out a fire at a production platform in Bohai Bay and is focusing its efforts on searching for three people who went missing, the firm said on Friday. In a filing to the Hong Kong stock exchange, the company said Monday's fire at the V29 well of its V platform off China's northern coast was put out the following day. The blaze broke out as CNOOC took emergency measures to contain "shallow gas" that overflowed during a drilling operation, the firm added, but with no oil spill so far.
Talos Energy (TALO) states that the unitization process of the Zama oil field will move on to the next phase despite their failed efforts to get a deal in due time, which ended on Mar 25.
China's national offshore oil and gas producer CNOOC Ltd reported a 59% plunge in 2020 profit, hitting the lowest since 2017, as the coronavirus pandemic whacked energy prices and hammered fuel consumption. The listed branch of China National Offshore Oil Corp reported a net profit of 24.96 billion yuan ($3.82 billion), down from 61.05 billion yuan in 2019, while revenue was 155.37 billion yuan, according to a company statement filed to the Hong Kong Stock Exchange on Thursday.