China's offshore giant CNOOC targets to lift its oil and gas output by 6% on the year to 1.66 million boe/d in 2022, with most of its effort to go into boosting domestic production, CFO Xie Weizhi said in a press conference late Jan. 11. "The company's 2022 production target is 600-610 million boe, compared to about 570 million boe estimated produced in 2021. Output from China will account for 69% of the total [global] production, up from 68% in 2021," Xie said. CNOOC has been the top contributor to China's crude output increase. CNOOC's domestic crude output rose 11.5%, or 24.1 million barrels, on the year in January-September 2021, contributing to over 85% of the country's output increment, company results and data from China's National Bureau of Statistics showed.