Panorama of CNOOC's Recent Oil Gas Development

摘要

@@ Offshore oil industry promising for ChinarnVice President of CNOOC Jiang Longsheng recently pointed out that the incremental amount of China's crude production will come mainly from the offshore oil fields in the country's 11 th FiveYear Plan Period (2006-2010). He added that some onshore oil fields have entered their depletion stage while the offshore oil industry is experiencing a rapid business development.