CNOOC and Shell to study gas development in Bohai Bay

News - October 4, 2001

| More
CNOOC Limited has announced that it has signed a Joint Study Agreement with Shell Exploration China Limited to examine options and plans for developing oil and gas reserves in the Bonan Block of Bohai Bay.

The Bonan Block consists of several oil and gas fields. Two key structures, Bozhong 26-2 and Bozhong 28-1, and the other three fields hold a recoverable reserve of more than 160 million barrels of liquid and around 300 billion cubic feet of associated natural gas. The Block is close to several metropolitan areas of Shangdong Province.

Under the terms of the agreement, CNOOC and Shell will focus on how best to commercialise natural gas reserves contained in the block.

The study is a part of strategic alliance between Shell and CNOOC that focuses on gas market development in coastal regions of China.

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

GEO India 2015
12-14 January 2015
India, New Delhi.

Fibre Rope for Subsea Construction
21-22 January 2015
United kingdom, London.

Raffles Convention Centre, Singapore
27-29 January 2015
Singapore, Singapore.

OSV Chartering Contract Management Middle East
09-10 February 2015
United arab emirates, Dubai.

Annual Offshore Support Journal Conference/Awards/Exhibition
17-19 February 2015
United kingdom, London.

More events