China Ocean Petroleum Group Corporation (referred to as China Sea Oil) (December 1) announced that it has acquired the world's largest deep -water oil field Búzios project for about 1.9 billion US dollars (S $ 2.6 billion).5%of its equity has become the largest partner of the Oilfield operator Brazil's National Petroleum Company.
According to the China News Agency, the Bzius project was put into production in April 2018. It is the largest oilfield in Brazil and the world's largest deep -sea oil field.Floating production storage oil unloading device (FPSO)+underwater production system model development, currently Nissan crude oil is about 600,000 barrels.
On November 6, 2019, in the block bidding held by the State Petroleum Administration of Brazil, a consortium consisting of China Oil, Petroleum and Brazil National Petroleum Corporation successfully won the bid.
This acquisition is another large -scale increase in the 2019 Bid Bazz Os Oilfield Project in 2019, which has increased its holdings on a large scale, thereby becoming a 10%equity ratio.State Petroleum Corporation's largest partner.
At present, China Oil has five deep -water block assets such as Buzios and Libra in Brazil.
Wang Dongjin, chairman of China Sea Oil Group Corporation, said that the successful completion of this acquisition has enhanced the company's participation in technology and management in large global deep -water oil and gas projects.The important steps from scale expansion to high -quality development and transformation and upgrading.
