Project features self-installing platform with 10 wells, aiming for 10,000 BOE/day by 2026.

Mero4's massive FPSO, integrated in China, boosts field output to 770K bpd with 180K bpd oil, 12M m³ gas, and 250K m³ water injection capacity.

The project is expected to achieve a plateau production of approximately 12,000 barrels of oil equivalent per day in 2027.

The company has made a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in place.

The design concept of intelligent oil and gas fields was used in the two new projects.

Mero3 Project will be developed by the traditional deep-water Pre-salt development mode, FPSO+Subsea.

The project is expected to reach peak production of 162 million cubic feet of natural gas and 3,931 barrels of condensate per day in 2025.

The project is expected to achieve a peak production of approximately 17,900 barrels of oil equivalent per day in 2026. The oil property is heavy crude.

The well was tested to produce 430,000 cubic meters per day of absolute open flow natural gas, marking the first major exploration breakthrough in ultra-deepwater carbonate rocks offshore China.

Multiple large-size gas fields have been discovered in Yinggehai, Qiongdongnan and Pearl River Mouth basins.