WASHINGTON: The $15 billion bid by China National Offshore Oil Corp (CNOOC) to buy Canada's Nexen, Inc will help the Chinese state giant gain the expertise to drill in deep, disputed waters of the South China Sea without relying on risk-averse foreign firms.
Showing posts with label China's energy sector. Show all posts
Showing posts with label China's energy sector. Show all posts
Monday, August 6, 2012
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