CNOOC issued announcement of notification for 2020 bidding blocks China offshore on 18 May 2020.   In 2020, CNOOC offer total 15 exploration blocks, covering an area of 9,453 sq km, offshore China. Among them, one block is located in Bohai Bay, Bohai Gulf Basin, with the acreage of 127 sq km, one block is located in the East Sea Basin with the acreage of 1,784 sq km, 10 blocks are located in the Pearl River Mouth Basin with the acreage of 5,890 sq km, two blocks are located in the Qiongdongnan Basin with the acreage of 1,252 sq km, and one block is located in the Yinggehai Basin with the acreage of 400 sq km.  In 2020 bidding round, CNOOC will adopt flexible and preferential business arrangements with foreign enterprises on deep water areas and deep formation exploration in terms of exploration period, relinquishment, signature fee, participating interest and X factor in the hope of achieving the goals of expanding cooperation with foreign enterprises and enhancing foreign investments in China offshore oil and gas exploration and development.   Data room will be available from 18 May to 30 September 2020. Closing date for bid is 31 October 2020.  For details please contact:   Contact: Ms. Zhang Lei,   Outbound Cooperation Management Division, Exploration Department, CNOOC  No.25, Chaoyangmenbei Dajie, Dongcheng District, Beijing, 100010, P.R. China  Tel: (86-10) 84521499 Â   Fax: (86-10) 64011987  E-mail: zhanglei6@cnooc.com.cn
CNOOC issued announcement of notification for 2020 bidding blocks China offshore on 18 May 2020. In 2020, CNOOC offer total 15 exploration blocks, covering an area of 9,453 sq km, offshore China. Among them, one block is located in Bohai Bay, Bohai Gulf Basin, with the acreage of 127 sq km, one block is located in the East Sea Basin with the acreage of 1,784 sq km, 10 blocks are located in the Pearl River Mouth Basin with the acreage of 5,890 sq km, two blocks are located in the Qiongdongnan Basin with the acreage of 1,252 sq km, and one block is located in the Yinggehai Basin with the acreage of 400 sq km. In 2020 bidding round, 