New Offshore Shale Tender

OnshoreOffshore Offshore Greenfield Brownfield Greenfield Scope of WorkTo Develop New offshore shale oilfield near the Bohai Rim Basin.DescriptionCNPC aims to produce 50000 tonnes of shale oil from the Bohai Rim Basin in 2019 and to achieve production capacity of 1 million tonnes by 2028. The new drilling venture is in response to president Xi Jinpings call to step up national energy security.At the Bohai Rim Basin shale oil was formed and stored unevenly across sedimentary shale rock layers. About 100 kilograms of shale rocks yield about 1 kilogram of oil output from the new field.