Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon
Green Car Congress
JULY 25, 2012
Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa.