The proceeds from the Bridas sale are not expected to make much difference for CNOOC as its debt-equity ratio is not high. Photo: Bloomberg

Gain from Bridas exit proves tough task for CNOOC

Growing risk in Argentina could be the reason behind the oil and gas producer's move to leave the country and shift focus to friendlier regions

Topic |   CNOOC

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The proceeds from the Bridas sale are not expected to make much difference for CNOOC as its debt-equity ratio is not high. Photo: Bloomberg
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