Cnooc in Talks for Leases in U.S. Gulf

Monday, October 19, 2009

According to an Oct. 19 report from The Wall Street Journal, Cnooc Ltd. is in talks with Norway's StatoilHydro ASA over a deal for a few leases in the U.S. Gulf of Mexico, a deal that would open the U.S. Gulf to China's oil companies for the first time, a person familiar with the matter said.

(Source: The Wall Street Journal)

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