Fu Chengyu
Fu Chengyu
Fu Chengyuis the Chairman of China Petroleum and Chemical Corp, the largest Asian refiner. He previously worked at the China National Offshore Oil Corporation, which foresaw a five-fold increase in its profits during his presence...
china growth line offshore output percent
Offshore China output is in line with 19 percent full-year growth target.
chinese government learning people
The Chinese people and government are learning from the U.S.,
active china exploring offshore overseas
CNOOC will become more active in exploring offshore China and overseas in 2006.
chosen good later market opportunity
We can see from the later market performances that CNOOC has chosen a very good opportunity to withdraw,
access drilling fast moving potential
We're moving very fast on drilling projects, to access the potential reserves.
capital confident growth lead operations reserves solid stronger sufficient tight
We are confident that tight and well-scheduled operations with sufficient capital expenditure will lead to more solid growth in reserves and production, securing stronger long-term growth for the company.