China invites bids for 33 offshore blocks

China has launched an offshore licencing round for oil and gas blocks covering an area of approximately 126,108 square kilometers.

Click to see the full map

CNOOC, China’s national oil company, has invited foreign companies to bid for 33 offshore exploration blocks located on the country’s continental shelf.

Foreign oil firms have until April 30, 2015, to submit written bids to CNOOC, for the blocks located in the Yellow sea, East China Sea and South China Sea.

Of the blocks offered, 25 are located in the South China Sea, 4 in the Yellow sea and 4 in the East China Sea.

A rapidly growing economy has driven the world’s most populous country’s high overall energy demand and the quest for securing energy resources.

EIA forecasts that China’s oil consumption will continue growing through 2014 at a moderate pace to approximately 11.1 million bbl/d, and its net oil imports will reach 6.6 million bbl/d compared to 5.5 million bbl/d for the United States.

 

Offshore Energy Today Staff, September 11, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply