Along with the release of 38 new offshore blocks by CNOOC (DEA 28 May), the company has also defined strategic cooperation areas A + B in the South China Sea, 20,000 sq km and 52,000 sq km resp. These non-exclusive agreement areas will call for in-house studies in cooperation with potential partners and run 3 years after which a PSC is an option. Background/details from GEPS.   A data room is open until August. Contact: Ms. Zhang Lei, zhanglei6@cnooc.com.cn.
Along with the release of 38 new offshore blocks by CNOOC (DEA 28 May), the company has also defined strategic cooperation areas A + B in the South China Sea, 20,000 sq km and 52,000 sq km resp. These non-exclusive agreement areas will call for in-house studies in cooperation with potential partners and run 3 years after which a PSC is an option. Background/details from GEPS. A data room is open until August. Contact: Ms. Zhang Lei, zhanglei6@cnooc.com.cn.