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CNOOC announces 2016 offshore licensing round

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Report summary

CNOOC has offered 18 blocks in the 2016 China offshore licensing round.To encourage interest at a time of global exploration cuts CNOOC has introduced 'flexible' terms for HPHT and deepwater blocks. It is also nowallowing financial institutions or consortiums to bid as non operators.

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    CNOOC announces 2016 offshore licensing round

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  • 18 blocks on offer under the 2016 China offshore licensing round

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