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CNOOC signs PSCs with KUFPEC


Published Dec 11, 2014
CNOOC Limited

CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed three production sharing contracts (PSCs) with KUFPEC (China) Inc. (KUFPEC) for Blocks 52/22、52/26 and 63/13 in the South China Sea.

The three blocks mentioned above are located in the Yinggehai Basin of the South China Sea. Block 52/22 covers a total area of 1,896 square kilometers, and has a water depth of 60-300 meters; Block 52/26 covers a total area of 1,783 square kilometers, and has a water depth of 80-160 meters; Block 63/13 covers a total area of 698 square kilometers, and has a water depth of 80-140 meters.

Tags: CNOOC Limited




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