China’s biggest offshore oil explorer, ia reported to have paid $3.1 billion to take a 50 percent stake in a subsidiary for a joint venture with Argentina’s Bridas Energy Holdings.
China’s biggest offshore oil explorer, ia reported to have paid $3.1 billion to take a 50 percent stake in a subsidiary for a joint venture with Argentina’s Bridas Energy Holdings.
The press release is quoted as saying:
Bridas Corp had proven reserves of 636 million barrels of oil equivalent (BOE) and an average daily production of 92,000 boe at the end of 2009, CNOOC said in its statement. The new joint venture company will have exploration and production activities in Argentina, Bolivia and Chile. The partners expect to complete the deal in the first half of this year.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1721.09 | +3.04 | |
Silver | 18.68 | +0.01 | |
Copper | 3.44 | +0.05 | |
Palladium | 2007.00 | +1.00 | |
Platinum | 889.50 | +14.50 | |
Oil | 97.77 | +2.79 | |
Heating Oil | 3.64 | +0.11 | |
Natural Gas | 8.74 | -0.25 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.