CNPC starts offshore drilling near Sudan
Published: 02 Feb 2010 01:32:14 PST
Feb. 2, 2010 (China Knowledge) - China National Petroleum Corp recently launched the first offshore drilling work in the Red Sea Basin off the coast of Sudan, sources reported today.
Reportedly, the well being drilled is Tokar-1, a prospecting well in District 15, 130 km to the southeast of Port Sudan. CNPC and its partners plan to complete the drilling within six months.
In 2005, Chinaís CNPC, Malaysiaís Petroliam Nasional Berhad (Petronas), Sudanís Sudapet, Nigeriaís Express Petroleum and Sudan's High-Tech Group signed production sharing contracts with the government of Sudan relating to District 15. The companies together formed the Red Sea Petroleum Operating Co Ltd to do the exploration work.
CNPC is the parent company of PetroChina Co Ltd<601857><0857><PTR>.