The newly offered ten blocks cover a total area of 35,158 square kilometers. One block is located in Bohai Bay, one block in South Yellow Sea Basin, one block in East China Sea, four blocks in Eastern South China Sea and three in Western South China Sea.
The blocks ready for PSCs have seen some degree of exploration activities. CNOOC, under the current Chinese regulations, has the exclusive rights to cooperate with foreign oil and gas companies Offshore China.
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