China’s oil giant CNOOC Limited announced on Thursday its progress in a 2.6 billion U.S. dollar deal to gain access to offshore oil and gas in the designated area in Nigeria. The move is the latest success by the company to diversify its sources of oil imports to meet the growing demand for oil in China, where imported oil accounts for 40 percent of its domestic consumption.
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about 20 years ago
CNOOC completes Nigerian offshore oil mining license deal
China’s oil giant CNOOC Limited announced on Thursday its progress in a 2.6 billion U.S. dollar deal to gain access to offshore oil and gas in the designated area in Nigeria. The move is the latest success by the company to diversify its sources of oil imports to meet the growing demand for oil in [
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