China National Offshore Oil Corporation and Texaco China B.V., a subsidiary of ChevronTexaco, have agreed to unitise the development of two offshore blocks in the Bohai Bay covering a total 218-sq km. The agreement was reached under the principles of “one development project, one set of producing facilities, one management structure, one operator and one…
CHINA: CNOOC, ChevronTexaco agree on unitisation of “large” BZ25-1/25-1S field in Bohai Ba
Posted on October 15, 2002 by EnergyAsia