Exploration

Massive deepwater oil find struck in China as developer considers FPSO options

Kaiping South field holds in-place volumes of around 745 million barrels of oil equivalent

The semi-submersible rig Shenlan Tansou drills for CNOOC Ltd at the Kaiping South discovery in the South China Sea’s Pearl River Mouth basin.
The semi-submersible rig Shenlan Tansou drills for CNOOC Ltd at the Kaiping South discovery in the South China Sea’s Pearl River Mouth basin.Photo: CNOOC LTD
Asia CorrespondentSingapore
CNOOC LtdChinaAsia & OceaniaEast Asia
Published 8 March 2024, 07:34Updated 18 March 2024, 10:44