Conoco Finds New Spill Sources In China

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ConocoPhillips, the third-largest U.S. oil company, said that it has found nine new sources of leaking oil in China's Bohai Bay, the region in which the Texas-based oil company has been struggling to contain two leaks that sprung from two of its platforms in late June.

ConocoPhillips (COP) has been asked by China's State Oceanic Administration (SOA) to investigate the cause of the leaks. Last week, SOA urged Conoco to have the first two leaks cleaned up by the end of this month.

SOA said on Saturday that there were nine oil leak sites on the seabed on the northwest side of the C Platform of the Penglai 19-3 oil field, though it provided no further details and said it has asked the company to conduct a thorough investigation, according to the China Post.

Conoco said it is monitoring the leaks and taking samples to see if the oil has impacted one of China's most important fishing regions. Cnooc (CEO), China's largest offshore exploration firm, is Conoco's partner on the project.

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