A joint venture led by Inpex, Japan's largest oil and gas exploration and production company, is making a C$700 million investment to gain a 40% stake in a Canadian shale gas project headed by Nexen, Canada's sixth largest oil and gas producer. "This joint venture represents a significant...
Mr. Kevin Reinhart, interim Chief Executive Officer of Nexen, said "CNOOC Limited is one of the largest independent oil and gas exploration and production companies in the world. This transaction will allow for significant investment in our business and opens the door to new opportunities for our...
CNOOC Completes $15.1-Billion Takeover of Calgary Oil and Gas Producer NexenCNOOC closes $15.1 billion takeover of Nexen--CALGARY - Chinese state-owned firm CNOOC Ltd. is...Krugel, Lauren
In 2010, Nexen sold its North American natural gas trading book to Goldman Sachs for an undisclosed sum after Nexen earlier said it wanted its business to reflect production weighting toward crude oil. The deal gave Goldman a business that Nexen said was one of the top 10 in gas trading on...
Oilsands review Group Oilsands review . 2012,第9期 机译:中海油将以151亿美元的价格收购耐克森,这是中国最大的加拿大-加拿大能源收购交易 3. CNOOC to buy Nexen for $15.1 billion [J] . Oil and Gas Investor Group Oil and Gas Investor . 2012,第9期 机译:中海油以151亿美元收购尼克森 ...
US oil and gas producer Marathon Oil said April 26 that it had agreed the sale of a 40% stake in ten of its gas shale licenses in Poland to Canadian-based Nexen. Marathon, which has an interest in 11 concessions in Poland covering an area of 2.3 million acres, said the shales are lo...
After spending roughly $30-billion on Canadian oil and natural gas assets over the last six years, making it the largest foreign investor in Canadian energy, China is grappling with issues that have long plagued its North American rivals, including high costs, operational chall...
Throwing Nexen to the wind is a small price to pay to cultivate a closer trading relationship with China to offset Canada's overwhelming reliance on the US, which buys about 99% of the country's oil and gas exports and accounts for more than 80% of its overall trade. In light of the...
The $3.4 billion SAGD project includes an integrated upgrader that uses OPTI’s proprietary ORcrude™ process along with commercially availablehydrocrackingandgasification technology. Long Lake is the first oil sands project to integrate SAGD with an onsite upgrader. This unique configuration of proven...
Digital Edge Subsea develops and manufactures DVR products for use throughout the offshore oil and gas industry including diving, remote operated vehicle (ROV) and topside operations. R.M. Young Company Founded in 1964, R.M. Young Company specializes in the development and manufacture of ...