China National Offshore Oil Corporation (CNOOC) announced the full start-up of the secondary development project for the 'Liuhua' oilfield, the country's first deepwater oilfield. This project marks a significant step in the development of China's oil and gas industry and the strengthening of its energy security. The oilfield is located in deepwater areas of the South China Sea, and its development requires advanced technology and significant investment. The successful launch of the secondary phase confirms the country's technical potential and opens up new opportunities for oil extraction in challenging conditions. China continues to increase its efforts to ensure energy independence and develop its own oilfields.
