PetroBoard explores block 28/03

OE Staff
Thursday, July 25, 2013

China National Offshore Oil Corp. (CNOOC) signed a PSC with PetroBroad Copower Ltd. for block 28/03 in the Pearl River Mouth Basin. Block 28/03 covers 68sq km with 95m water depth. PetroBroad will acquire 3D seismic surveys and drill exploration wells during the exploration period, and will bear all costs. CNOOC has the right to participate in up to 51% working interest in any commercial discoveries.

Categories: Exploration Seismic Drilling

Related Stories

UK Releases Environmental Guide on Future North Sea Oil and Gas Drilling

UK Releases Environmental Guide on Future North Sea Oil and Gas Drilling

SeaBird Exploration Rebrands to SED Energy Holdings

SeaBird Exploration Rebrands to SED Energy Holdings

Rhino Resources To Drill New Well Offshore Namibia

Rhino Resources To Drill New Well Offshore Namibia

Current News

ESAB Fast-Tracks Welding Efficiency, Effectiveness

Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming Webinar

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Subscribe for OE Digital E‑News

Offshore Engineer Magazine