News Snapshot:
- A + A SINGAPORE/BEIJING (July 9): When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customised floating platform 1,500 metres above the sea bed, it marked a key phase in China's gas drive. For CNOOC, the output from one of Asia's deepest gas fields proved the company had the engineering chops to complete its first wholly owned project on schedule and make significant strides towards its target of gas making up half its output portfolio by 2035, from 21% currently. For China, the tapping...
