CNOOC Parent May Bid for Iraqi Oilfields, Fu Says
Bloomberg
--
China National Offshore Oil Corp., the nation’s third-biggest oil explorer, may continue to bid for oilfields in Iraq after the Gulf country awarded a contract to its bigger rival, China National Petroleum Corp.
“We may continue to participate in the second round,” China National Offshore President Fu Chengyu said today in Beijing. Iraq plans to award contracts for oil and gas field exploration and development in a second licensing round to be held before the end of the year, Abdul Mahdy al-Ameedi, deputy director general of the Petroleum Contracts Licensing Dept., said July 2.
Read the Full Article
Submitted Jul 04, 2009 By:
ziyulu
