CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed three production sharing contracts (PSCs) with KUFPEC (China) Inc. (KUFPEC) for Blocks 52/22、52/26 and 63/13 in the South China Sea.

The three blocks mentioned above are located in the Yinggehai Basin of the South China Sea. Block 52/22 covers a total area of 1,896 square kilometers, and has a water depth of 60-300 meters; Block 52/26 covers a total area of 1,783 square kilometers, and has a water depth of 80-160 meters; Block 63/13 covers a total area of 698 square kilometers, and has a water depth of 80-140 meters.

Tags: CNOOC Limited