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China offshore upstream sector drives Brightoil growth

17th July 2014

Brightoil Petroleum Holdings has said on it expects its exploration and production business to be the key long-term growth factor for the group since its acquisition of oil blocks in China's Bohai Bay

China offshore upstream sector drives Brightoil growth
China offshore upstream sector drives Brightoil growth

Brightoil bought into the region last February in a USD 1.08bn deal with Anadarko for two oil blocks off China’s northeast coast.

The comments were made yesterday by Danny Tan, Brightoil chief financial officer, at a media briefing on the company's strategy. 

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