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Newfield drops plans to sell stake in Lufeng 7-2

US player decides to continue operating field in China's Pearl River Mouth basin until 2020

Handing back: CNOOC Ltd infrastructure in the South China Sea. The Chinese giant is expected to operate Lufeng 7-2 after 2020
Handing back: CNOOC Ltd infrastructure in the South China Sea. The Chinese giant is expected to operate Lufeng 7-2 after 2020
  • Xu Yihe
Singapore
ChinaNewfield ExplorationLufengPearl River Mouth BasinSouth China Sea
Published 26 July 2018, 22:00Updated 1 August 2018, 07:37