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CNOOC inks agreements with 9 firms for oil, gas exploration in S. China


BEIJING, Dec 18 (Reuters) –

* CNOOC Ltd said on Tuesday it has signed strategic agreements with nine foreign companies to conduct exploration at two oil and gas blocks in southern China

* The nine companies are: Chevron Corp, ConocoPhillips, Equinor, Husky Energy Inc, Kuwait Foreign Petroleum Exploration Co, Australia’s Roc Oil, Royal Dutch Shell, SK Innovation and Total

* Exploration will take place in Block A and B in the Pearl River Mouth Basin offshore Guangdong province

* Block A covers an area of 15,300 square metres (165,000 square feet) and is in water depths of 80 to 120 metres (262 to 394 feet)

* Block B has an area of 48,700 square metres with water depth ranging from 500 metres to 3,000 metres

(Reporting by Meng Meng; Writing by Florence Tan; Editing by Christian Schmollinger)



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