Project Profile
Location: deepwater Pearl River Mouth Basin, South China Sea
Water depth: 370 - 2,300 metres
Area: 4,586 sq. km
Start-up Year: -
BP and CNOOC signed a production sharing agreement for Block 54/11 in the deepwater Pearl River Mouth Basin, South China Sea. The block covers 4,586 square kilometres in water depths from 370 to 2,300 metres, and is close to BP’s existing deepwater interests in Blocks 43/11 and 42/05.
Operators:
CNOOC: Operator with 51% interest
BP