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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

Nexen has major positions in three of the world’s most significant conventional basins: the UK North Sea, Offshore West Africa and the deep-water Gulf of Mexico. Nexen’s partner in the Long Lake steam assisted gravity drainage production facilities (SAGD) and Upgrader), and a 60% interest in Northern Cross (Yukon) Limited.

Oil-Sands 325