Newfield Exploration Co., Houston, will explore a block in the South China Sea under a production-sharing contract signed with China National Offshore Oil Corp. (CNOOC). LOS ANGELES, Dec 14-- Newfield ...
The first contract is for Block 22/15 in the Beibu Gulf basin of the western South China Sea. The PSC covers 5228 square kilometres and has water depths of between 10 and 60 metres, CNOOC said.
Newfield Exploration Co. (NFX) plans to sign within weeks a production sharing contract with China National Offshore Oil Corp. for a new oil block in the South China Sea, an industry insider said ...
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