SK Earthon, a subsidiary of South Korean energy giant SK Innovation specializing in oil exploration and production, said Monday that it has commenced its first independent crude oil production in the Lufeng 12-3 oil field, part of Block 17/03 in the South China Sea, starting this September. Located approximately 300 kilometers from Shenzhen, China, the oil field is projected to cater to over 1 percent of South Korea&.
SK earthon commenced crude oil production in the South China Sea at the Lufeng 12-3 oilfield for which the company won mining rights in 2015, the subsidiary of SK Innovation said Monday.
SEOUL (ANN/THE KOREA HERALD) – SK Earthon on Monday said has commenced oil production in the Lufeng 12-3 oil field, part of Block 17/03 in the South China Sea, starting this September. This marks the first independent crude oil production for the firm, a subsidiary of South Korean energy giant SK Innovation specialising in oil […]
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