CNOOC, the mainland's largest offshore company, is bidding for Nexen and has promised to use Calgary as its north American head office and maintain Nexen's staff and management. Photo: Xinhua
Nexen gives CNOOC price power
The mainland company, if it takes over Nexen, will have a big share of the Buzzard oil field that has influenced North Sea crude prices
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CNOOC-Nexen deal
CNOOC, the mainland's largest offshore company, is bidding for Nexen and has promised to use Calgary as its north American head office and maintain Nexen's staff and management. Photo: Xinhua