Production

CNOOC seeks foreign partners for South China Sea spending

Offshore operator ups production target by 15% by 2025 in Pearl River Mouth basin of the South China Sea, aiming to offer minimum 10 blocks to foreign PSC partners a year

Development: CNOOC produced first oil at Liuhua 21-2 oilfield in the Pearl River Mouth basin of the South China Sea in August this year.
Development: CNOOC produced first oil at Liuhua 21-2 oilfield in the Pearl River Mouth basin of the South China Sea in August this year.Photo: COOEC
  • Xu Yihe
Singapore
South China SeaChinaPearl River Mouth BasinChina National Offshore Oil CorporationAsia & Oceania
Published 13 October 2021, 10:29Updated 13 October 2021, 16:10