China National Offshore Oil Corp., or Cnooc, said Monday that it was making a second batch of 26 offshore blocks available for development with foreign partners after offering a controversial first batch of nine blocks in June.
China National Offshore Oil Corp., or Cnooc, said Monday that it was
making a second batch of 26 offshore blocks available for development with
foreign partners after offering a controversial first batch of nine blocks in
June.
The 26 blocks, mostly in shallow water, are in
Bohai
Bay
, the
East
China Sea
and
South China Sea
,
Cnooc said in a statement posted on its website.
While it appears that most of the blocks are in Chinese waters, it's unclear
whether
Vietnam
will
protest the offering of the blocks located south of
Hainan
island.
China
is
involved in a number of disputes with Southeast Asian nations over offshore
drilling rights in the
South China Sea
.
Cnooc offered nine blocks offshore
Vietnam
to
foreign partners in June.
State-run Vietnam Oil & Gas Group, or PetroVietnam, urged foreign companies
to refrain from bidding on those nine blocks, while
Vietnam
's
foreign ministry said it would protest the offer and demanded its cancellation.
The nine blocks are located within
Vietnam
's
200-nautical-mile exclusive economic zone, the ministry said.
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