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Sino Gas & Energy Holdings Limited has submitted the Sanjiaobei Overall Development Plan (ODP) to its PSC partner PetroChina CBM (PCCBM) for approval.
The move represents ‘an important regulatory milestone in the development of the Sanjiaobei PSC,’ according to a Sino Gas statement.
The ODP was compiled in collaboration with PCCBM and accounts for around 60 percent of the current discovered area of Sanjiaobei.
Sino Gas expects the ODP to be approved in the first half of 2018.
"We are pleased that the first Sanjiaobei ODP has been submitted to our partner PCCBM, closely following the Linxing ODP submission,” Sino Gas Managing Director Glenn Corrie said in a BOP Blow Out Preventer repair company gulf coast statement.
