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CNPC in Libya


CNPC has been present in Libya since 2005 and now is engaged in a risk exploration project in the country, while also providing oilfield services and engineering and construction services.



 
Oil and Gas Operations
Oilfields Services, Engineering and Construction 
 

Block 17-4

On December 7, 2005, CNPC signed a risk exploration contract for Block 17-4 with the National Oil Corporation of Libya (NOC). Situated in the Pelagian Basin off the northwestern coast of Libya, the block covers an area of 2,566 square kilometers with a water depth of 200-400 meters. The contract for Block 17-4 is an exploration and production sharing agreement (EPSA) covering five years of exploration and 25 years of production.

 
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