Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has expanded its discovered oil and gas reserves with a new hydrocarbon find in the Beibu Gulf of the South China Sea.

CNOOC South China Sea Beibu Gulf Beibu Gulf Basin Limited Zhou Xinhuai Chief Executive Officer Xu Changgui Chief Geologist Corporation Following Exploration Breakthroughs Paleozoic Proterozoic