Central & SE Asia / Australasia

Country summary: China

energy-pedia opportunities - China:
Current deals:12
Licensing articles:57
Completed deals:58

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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China - recent news

20 Oct 14 China and Vietnam pledge to 'address and control' maritime disputes
China and Vietnam have agreed to 'address and control' maritime disputes, state media said on Friday, as differences over the potentially energy-rich South China Sea have roiled relations between the two countries and other neighbours.
17 Oct 14 China: RH Petrogas’ Fuyu 1 Block receives green light to advance into commercial production
RH Petrogas has announced that the Group’s Overall Development Plan ('ODP') for the phased development of the Yongping oilfield in the Fuyu 1 Block has received approval from the National Development and Reform Commission ('NDRC') of the People’s Republic of China.
14 Oct 14 China: Horizon Oil announces second oil discovery in Beibu Gulf Block 22/12, offshore China
Horizon Oil has advised that drilling of the second of a two exploration well program in the Beibu Gulf Block 22/12 has been completed. The well, drilled 3.2 km west southwest of the recently drilled WZ 12-10-1 oil discovery, encountered approx. 11 m of high porosity net oil pay.
14 Oct 14 China: CNOOC commences production at the Enping 24-2 oil field in the South China Sea
CNOOC Limited has announced that its Enping 24-2 oil field in the South China Sea has commenced production. Currently there are 2 wells producing approx. 8,000 barrels of crude oil per day, and the project is expected to reach its peak production of approx. 40,000 barrels per day in 2017.
07 Oct 14 China: Roc Oil spuds second of two exploration wells in Beibu Gulf Block 22/12
Roc Oil Company has advised that drilling has commenced on the second of two exploration wells in Beibu Gulf Block 22/12. The second well, WZ12-10-2, is targeting the T42 and Weizhou formations, adjacent to the WZ12-8 West field in the WZ12-8 Development Area.

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