摘要
Chevron-Texaco, Petronas Carigali and CNOOC Limited have confirmed an oil discovery in Bohai Bay area. Ru Ke, senior vice president of CNOOC Limited, said the exploration is evidence of the huge oil potential in the bay. Several other major discoveries have been made in the bay in the recent years. Sam Snyder, managing director of ChevronTexaco's China business unit, said he had big hopes for high-quality oil and high production rates. Under the production sharing contract, CNOOC Limited has the right to take up to a 51 percent interest in development of the oil discovery.
