Marine Link
Friday, September 30, 2016

CNODC Acquires Offshore Block

April 20, 2006

China National Oil and Gas Exploration and Development Corp (CNODC), a unit of China’s CNPC, has acquired the exploration rights to an oil and gas block from Indonesia's PT Waropen Perkasa, one of 10 onshore and offshore oil projects originally tendered by the Indonesian government in June 2004. China's major oil firms -- Sinopec, CNOOC (CEO) and China National Petroleum Corp, the parent of Hong Kong-listed PetroChina Co Ltd. -- are all scouring the globe for oil resources to feed China's soaring demand. China imported 130 million tons of crude oil in 2005, up 3.3 percent year-on-year. (Source: Forbes)


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News