China discovers major new oilfield off Shenzhen

This file photo taken in June 2024 shows an oil rig in the Wushi 23-5 oilfield operates in the Beibu Gulf off Leizhou, Guangdong province. - Xinhua

BEIJING: China's National Offshore Oil Corporation (CNOOC) said Monday (March 31) it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes.

The Huizhou 19-6 oilfield lies about 170 kilometres (100 miles) from Shenzhen in south China's Guangdong Province, Beijing's Xinhua news agency said.