CNOOC discovers new oilfield in Bohai Sea

BEIJING, Dec. 24 (Xinhua) -- China National Offshore Oil Corporation (CNOOC) announced Wednesday that it has made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations of the Bohai Sea.

This marks the seventh consecutive discovery of a hundred-million-tonne-class oilfield in the Bohai Oilfield, China's largest crude oil production base, since 2019.

The discovery further strengthens the country's offshore oil and gas resource base and is of great importance to ensuring national energy security, the CNOOC said.

Located in the central Bohai Sea, the Qinhuangdao 29-6 oilfield is another large-scale lithological oilfield in the region, following the discovery of the Qinhuangdao 27-3 oilfield in recent years.

Test results show that a single well in the Qinhuangdao 29-6 oilfield can produce about 370 tonnes of crude oil per day, signaling promising exploration potential, the company added.