ConocoPhillips, CNOOC agree on depressurization plan for Penglai 19-3 field after Bohai Bay oil spill

CNOOC Ltd. approved a fluid discharge and depressurization plan from operator ConocoPhillips China Inc. regarding oil spill response efforts in Penglai 19-3 oil field in Bohai Bay, and the plan was submitted to the State Oceanic Administration of China.

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