Posts Tagged ‘Nexen’

Nexen – CNOOC signed with British Columbia for Aurora LNG

Nexen to anchor Aurora LNG project at Grassy Point The Canadian Nexen Energy ULC (Nexen), acquired by China National Offshore Oil Corporation (CNOOC), and its Japanese partners Inpex Corporation (Inpex) and JGC Corporation (JGC) has signed an exclusive agreement with the Government of British Columbia in western Canada to locate […]

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Shell and Nexen in design phase for Gulf of Mexico Appomattox platform

Shell and Nexen to take experience from Olympus In order to develop the challenging Appomattox oil field in the US Gulf of Mexico, the Royal Dutch Shell (Shell) and its partner Nexen, a wholly owned subsidiary of the China National Offshore Oil Corporation (CNOOC), intends to take the lessons learnt […]

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PetroChina to increase stake in Canada shale gas

CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will […]

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CNOOC and Petronas to step in Canada oil sands

CNOOC and Petronas to acquire Nexen and Progress On December 7th, 2012, Canada Prime Minister John Harper announced the approval for two national oil companies China National Offshore Oil Company (CNOOC) and Petronas from Malaysia to acquire respectively:  – Nexen Inc. (Nexen)  – Progress Energy Resources Corp. (Progress) For Nexen, […]

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Ecopetrol and major companies to prospect shale gas in Colombia

Canacol, ExxonMobil, Nexen, Shell lead exploration The national oil company Ecopetrol invites international oil companies such as Canacol, ExxonMobil, Nexen, Shell for partnership to explore and develop shale gas in Colombia. Ecopetrol is owned at 88.5% by the Colombian Government while the remaining shares are floated at the Bogota and New […]

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PetroChina to invest $6 billion to develop Sichuan shale gas

CNPC to boost China shale gas through joint ventures China National Petroleum Corp. (CNPC or PetroChina) is to become the spearhead of China‘s new policy to boost its own shale gas exploration and production in multiplying joint ventures and strategic agreements such as with Shell, Gazprom or Sichuan Province. China holds about […]

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CNOOC and Sinopec to pump $20 billion in upstream acquisitions

CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion […]

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