SHANGHAI: China National Offshore Oil Corp (CNOOC), one of the country’s top three oil and gas producers, says its newly discovered Bozhong 13-2 oil and gas field in the Bohai Sea contains proven geological reserves of 100 million tonnes of oil and gas equivalent, making it one of biggest crude oil production bases in the country.
The new field is expected to play a pivotal role in helping the company produce 40 million tonnes of crude from the Bohai oilfield during the 14th Five-Year Plan period (2021-25), according to Zhou Xinhuai, general manager of the oil exploration department at CNOOC.
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