CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg
CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg

new | Oil rout forces services firms to offer more for less

CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg
CNOOC is projected to generate at least 25 per cent less cash flow this year if Brent oil averages US$55 a barrel. Photo: Bloomberg
READ FULL ARTICLE