Chinese Company Voices Interest in Cambodian Oil
Hong Kong-listed China Oilfield Services Ltd, an offshore services provider for the oil and gas sectors, is looking to start operations in Cambodia, according to an earnings report released by the company last week. “For the overseas market, apart from expanding and strengthening the overseas business, the Company will actively foster projects in countries like Iraq and Cambodia,” the firm said in its financial report for the first six months of the year. According to CNPA records, Polytech Petroleum Hong Kong has been awarded exploration rights in Cambodia’s Block C oil reserve in the Gulf of Thailand.