Greater ChinaOffshore

CNOOC starts drilling offshore Myanmar

Photo of Jason Jiang Jason JiangMarch 3, 2015
77 Less than a minute

Shanghai: China National Offshore Oil Corporation (CNOOC) has announced that its flagship deepsea oil rig HYSY No.981 has started drilling offshore Myanmar in the Andaman Sea.

CNOOC said the well offshore Myanmar is targeting a depth of 5,000 metres, and will be the deepest exploration well it has undertaken so far.

The $1bn rig is chartered to China National Petroleum Company (CNPC) which has been awarded three offshore oil block by Myanmar authorities.

Photo of Jason Jiang Jason JiangMarch 3, 2015
77 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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