Taiwan’s Chinese Petroleum Corporation (CPC) and the China National Offshore Oil Corporation (CNOOC) will jointly explore for oil and gas near Penghu in the middle of the Taiwan Straits. According to CPC, the two sides, and CNOOC have collaborated before in the Tainan Basin and the Chaoshan Trough. While they did not find any hydrocarbons,…
Taiwan’s CPC and CNOOC to collaborate to explore for oil and gas in the Taiwan Straits
Posted on September 27, 2004 by EnergyAsia