Central & SE Asia / Australasia

Country summary: China

energy-pedia opportunities - China:
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China - recent news

16 Sep 14 China's CNOOC makes deepwater gas field discovery in South China Sea
China National Offshore Oil Corp (CNOOC) has made a deepwater gas field discovery in the northern part of the South China Sea, it said on Monday. The Lingshui 17-2 gas well was tested to produce 56.5 million cubic feet of natural gas per day.
11 Sep 14 China: CNOOC issues exploration tender for Open Blocks Offshore China in 2014
State-run CNOOC has issued a tender inviting foreign firms to bid for 33 oil and gas blocks covering an area of 126,108 sq km. Closing date for bids is April 30 2015.
11 Sep 14 China: ROC commences drilling in Beibu Gulf Block 22/12
Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company, has advised that drilling has commenced on the first of two exploration wells in Beibu Gulf Block 22/12. The first well, WZ12-10-1, is targeting the T42 and Weizhou West formations, adjacent to the WZ12-8East field of the WZ12-8 Development Area.
10 Sep 14 China: AWE's farm-in well in ROC's Bohai Bay Block 09/05 disappoints
ROC reports that the QK11-1-1 well in Bohai Bay Block 09/05 has failed to confirm the presence of commercial hydrocarbons. ROC was carried by AWE for 60% of the drilling costs of this first exploration well under the terms of a farmout agreement.
29 Aug 14 China: CNOOC reports steady development with solid performance in 1H 2014
CNOOC Limited on Thursday announced its interim results for the six months ended June 30, 2014. For the first half of the year, the Company’s total net oil and gas production reached 211.6 million barrels of oil equivalent (BOE), up 6.8% year-on-year (yoy), with 36.3 million BOE contributed by Nexen.

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