By OGJ editors
HOUSTON, Apr. 13 -- CNOOC Ltd, said its parent, China National Offshore Oil Corp., is offering 10 exploration blocks off China to international oil and gas companies for production sharing contracts, effective immediately.
The 10 blocks cover 35,158 sq km and already have had some exploration activity. One block each is in Bohai Bay, South Yellow Sea basin, and the East China Sea. Four blocks are in the eastern South China Sea, and three are in the western South China Sea.
The Hong Kong-based CNOOC Ltd. is a 70.6% subsidiary of CNOOC.