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CNOOC Celebrates Cooperation Agreements With Nine Major Oil Companies

Written by Paulo Nogueira
Published on 18/12/2018 at 08:17
China National Offshore Oil Corporation (CNOOC),
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The Parent Company of CNOOC Limited, China National Offshore Oil Corporation (CNOOC), Signed Strategic Cooperation Agreements with Nine International Oil Companies, Including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.

According to the agreements, the areas of strategic cooperation are located in the Pearl River Basin, off the coast of China, including Area – A and Area – B, where existing mining license areas and contract areas are not included.

Area A is approximately 15,300 square kilometers, with a water depth of 80 to 120 meters and open only to the deep layers below the Enping Formation of the Paleogene. Area B is approximately 48,700 square kilometers, with a water depth between 500 and 3,000 meters and open to all layers.

The agreements will facilitate the establishment of long-term and stable cooperation and will share development opportunities to a certain extent in the areas of strategic cooperation, creating conditions for the final signing of the contracts.

CNOOC Limited, as an independent oil and gas exploration and production company, is the only vehicle through which CNOOC is engaged in the exploration, development, production, and sale of crude oil and natural gas.

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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