CNOOC answers the question: 'What's next?'
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.
Photo