CNOOC signs two production sharing contracts (PSCs) with Roc Oil

CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with Roc Oil (China) Company (ROC) for Blocks 16/07 and 03/33 in the South China Sea.The two blocks mentioned above are located in the Pearl River Mouth Basin in the South China Sea.