Saturday, March 23, 2013

CNOOC on the lookout for more deals post-Nexen





CNOOC will continue to seek growth opportunities abroad after completing mainland China's largest overseas acquisition, which its chairman said was full of challenges.


China's largest offshore oil and gas producer completed on February 26 the US$15.1 billion acquisition of Canada-based Nexen, which has assets in North America, Europe and Africa.









via Business feed http://www.scmp.com/business/commodities/article/1197567/cnooc-lookout-more-deals-post-nexen

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