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Country summary: China

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China - recent news

09 Mar 15
China: CNOOC's Qinhuangdao 32-6 comprehensive adjustment project commences production
CNOOC Limited has announced that its Qinhuangdao 32-6 comprehensive adjustment project in Bohai Bay has commenced production.
24 Feb 15
China: Searcher Seismic grants BGP exclusive rights to market its multi-client data library in China
Searcher Seismic has announced a commercial marketing agreement with BGP, a geophysical service company owned by CNPC, which provides BGP with an exclusive right to market the Searcher multi-client 2D and 3D seismic library within China.
10 Feb 15
China: CNOOC signs PSCs with SK for two South China Sea blocks
CNOOC has signed two production sharing contracts (PSCs) with SK Innovation for Blocks 04/20 and 17/03 in the South China Sea. The two blocks are located in the Pearl River Mouth Basin.
09 Feb 15
China: Sinopec to lead new shale oil research centre
State energy group Sinopec will head up a new national shale oil research and development centre that has been approved by the National Energy Administration, official paper China Energy News reported on Monday.
08 Feb 15
China's deepsea gas find holds over 100 bcm reserves - state media
A deepsea natural gas discovery in the northern part of the South China Sea has certified proven reserves exceeding 100 billion cubic metres, making it one of China's biggest offshore finds, Chinese state television reported. CNOOC Ltd announced the discovery last August after the Lingshui 17-2 well tested 56.5 million cubic feet per day.

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