CNOOC offers 33 offshore exploration blocks for bids

The China National Offshore Oil Corp. (CNOOC) is opening for bids 33 offshore blocks covering 48,691 sq mi (126,109 sq km).

Exploration blocks offered offshore China
Exploration blocks offered offshore China

Offshore staff

HONG KONG—The China National Offshore Oil Corp. (CNOOC) is opening for bids 33 offshore blocks covering 48,691 sq mi (126,109 sq km). Fifteen of these blocks were previously offered.

Blocks 25/12, 33/02, 41/14, and 04/02 are in the EastChina Sea basin, while blocks 24/17, 14/18, 11/34, and 19/11 are in the South Yellow Sea basin.

Of the total number, 17 are in the Pear River Mouth basin. These comprise 14/21, 16/15, 16/28, 27/04, 28/06, 28/16, 29/31, 29/11, 29/24, 41/12, 42/10, 43/08, 44/07, 55/05, 15/33, 16/25, and 42/12.

Five exploration blocks – 53/32, 53/36, 64/05, 64/03, and 64/26 – are in the Qiong Dongnan basin. Blocks 22/16 and 22/11. The remaining blocks are in the Beibu Gulf basin and block 50/13 in the Yinggehai basin.

Data rooms are open in Shangai, Guangzhou, and Zhanjiang for interested bidders. The data rooms close at year end, and bids are due by April 30, 2015.

9/16/14

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