CNOOC answers the question: 'What's next?'
By Zhang Yuwei | China Daily | Updated: 2013-04-16 07:58
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From left: CNOOC CEO Li Fanrong, Nexen CEO Kevin Reinhart and CNOOC Chairman Wang Yilin celebrate the signing of the $15.1 billion deal in Calgary. Provided to China Daily |
The acquisition of Canada-based Nexen is a big step to diversify geographically while boosting oil and gas reserves, reports Zhang Yuwei from New York.
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