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Phillips Pumps Cash in China''''s Oil Development
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摘    要:US-based oil giant Phillips said it expects toreinforce its investment in Xijiang oil field, one ofthe largest oil fields in South China Sea, to raise itsproduction. The company, together with partners -including Royal/Dutch Shell and CNOOC, China's


Phillips Pumps Cash in China''s Oil Development
Wang Feng. Phillips Pumps Cash in China''s Oil Development[J]. China Oil & Gas, 2002, 9(2)
Authors:Wang Feng
Abstract:US-based oil giant Phillips said it expects to reinforce its investment in Xijiang oil field, one of the largest oil fields in South China Sea, to raise its production. The company, together with partners including Royal/Dutch Shell and CNOOC, China's third largest oil company - plans to pump 150 million barrels of oil from the blocks in the offshore area in the coming four years, according to Phillips' Deng Zhiyun, general manager of the Xijiang project.
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