Myanmar/China/Andaman Sea: China's Deepsea Oil Rig Drilling Off Myanmar -CNOOC

Mar 2, 2015 | Reuters
View Original

China's flagship deepsea oil rig Haiyang Shiyou No. 981 is drilling offshore Myanmar in the Andaman Sea, tackling the deepest exploration well it has undertaken so far, according to a report by the rig's owner, state energy group CNOOC.

The $1-billion, semi-submersible giant drilling rig started drilling on Feb. 7 in a water depth of 1,721 metres, in its first overseas deepsea exploration well, said the report on CNOOC's website www.cnooc.com.cn.

The same drilling rig had previously drilled in waters claimed by both China and Vietnam in the South China Sea. "Haiyang Shiyou" literally means "offshore oil".