According to the sources, the deposit is in the company’s Kenli 6-1 field and will reinforce China’s energy security, as well as the economy of surrounding regions.
The firm is searching for medium- and large-size oil and gas deposits, even in deep waters.
In February 2019, the Bozhong 19-6 oil field, containing 100 billion cubic meters of gas, was found, while Kenli 6-1 can contribute an annual production of 40 million tons.
The China National Offshore Oil Corp is the country’s largest oil company specialized in high-sea drilling and overseas operations.
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