China National Offshore Oil Corporation (CNOOC) announced Tuesday that it has closed a deal to acquire Canada's Nexen Inc. Experts told Xinhua the takeover is just the first step, as the company will face many challenges in its road ahead.
China National Offshore Oil Corporation (CNOOC) announced Tuesday that it has closed a deal to acquire Canada's Nexen Inc.Wang Yilin, chairman of CNOOC, said the company is delighted to have acquired a leading international platform through the acquisition of Nexen.
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