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Drilling & production - 20 February 2017

Geological structures uncovered in the South China Sea

Australian geoscience company Frogtech Geoscience released a comprehensive new basement-focused study of the hydrocarbon-rich South China Sea and Gulf of Thailand; a geologically complex region.

 

ADNOC awards CNPC 8% Stake in ADCO onshore concession

CNPC contributed a sign up bonus of AED 6.5 billion (US$1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).