China's state-run oil exploration and production firm China National Offshore Oil Corporation has revealed that it has made 10 new oil and gas discoveries offshore China so far in 2007, of which nine were founded independently.

As a result of its exploration research and offshore operations, China National Offshore Oil Corporation (CNOOC) made six independent oil and gas discoveries in the first half of 2007. These include discoveries in the Bozhong, Jinzhou and Weizhou fields.

Encouraged by the exploration results, the company had increased its exploration activity in new areas for the second half of the year. So far in the period, the firm has made three discoveries, including PanYu10-2.

Zhou Shouwei, president of CNOOC, said: In the future, we will continue to steadily advance the exploration activities, to build a strong fundamental reserve base for the company’s long-term growth.