Oil Field Development
- Category: Exploration & Production
- Client: Tianjin
- Date: May 11, 2007
- Skills: Exploration & Production
- URL: View Projects
TIANJIN, in collaboration with Bayelsa Oil Company, won the OPL 240 Bid – a US $200 million investment, through a public bidding from DPR on May 11, 2007. This Field has estimated and recoverable reserve of 240 million and 73 million barrels respectively, and is located in the 130 feet shallow continental shelf.