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

Topic |   CNOOC-Nexen deal

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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
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