Energy Voice

BIG DEAL: The takeover would give CNOOC control of the North Sea’s Buzzard field, above, and other developments

BIG DEAL: The takeover would give CNOOC control of the North Sea’s Buzzard field, above, and other developments

Chinese state oil firm has North Sea in sight

Ross Davidson, 10th December 2012

The Canadian Government has cleared the way for state oil firm China National Offshore Oil Corporation to gain access to the North Sea after approving its takeover of Nexen.

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