The agreement, between ADNOC and China National Petroleum Corporation outlines opportunities for possible future collaboration across ADNOC’s upstream and downstream value chains and support for China’s growing energy needs.
China National Petroleum Corporation
Posted inProducts & Services
Libya to pay US$293.7 million for Verenex
Libyan Investment Authority to pay cash for Canadian E&P company
Posted inProducts & Services
CNPC secures US$30bn loan to fund acquisitions
Chinese energy giant looks to continue spending spree over next year
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BP meets Iraq engineers to discuss Rumaila
The meeting is in preparation of the deal to develop the oilfield
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CNPC looks to increase stake in Rumaila
President heads to London to discuss super giant Iraqi field with BP
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Second Iraq oilfields auction set for November
Iraq Oil Ministry hoping for more successful bids second time around
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BP may hand control of Rumaila to CNPC
British supermajor may give Chinese counterpart majority shareholding
Posted inNews
Top 10 billion dollar oil deals of the summer
The biggest deals being struck in the oil & gas industry
Posted inProducts & Services
Chinese NOC eyes US$14.5bn Repsol acquisition
CNPC in talks to buy a 75% stake in YPF, a Repsol subsidiary
Posted inProducts & Services
CNPC approaches BP about possible Iraq oilfield JV
Chinese company wants to work with British supermajor on Rumaila field