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CNOOC Limited announced today that Qikou 18-1 adjustment project has recently begun production. Qikou 18-1 oil field is located in the west part of Bohai with an average water depth of 10 meters. In addition to fully utilize the existing producing facilities, this adjustment project has also built one plug-in processing facility and two […]
China’s oil company CNOOC has signed production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Block 05/31 in Bohai. Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai. It covers a total area of 270 square kilometers with water depth ranging from 5 […]
CNOOC Limited’s parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract with Smart Oil for Bohai 09/17 Block offshore China.