Chinese oil and gas company, Alberta, Canada-based subsidiary of CNOOC
"Nexen" redirects here. For the tire company, see Nexen Tire.
CNOOC Petroleum North America ULC
Former logo
Formerly
CNOOC Nexen (2013-2018); Nexen (2000-2013); Canadian Occidental (1971-2000)
Company type
Subsidiary
Industry
Oil and gas, energy
Founded
12 July 1971 (1971-07-12)
Headquarters
Calgary, Alberta
,
Canada
Key people
Fang Zhi [1] (CEO) Li Fanrong (Chairman)
Revenue
$6.7 billion CAD (2012)[2]
Net income
$333 million CAD (2012)[2]
Total equity
$8.8 billion CAD (2012)[3]
Number of employees
3,000 (2013)[3]
Parent
CNOOC Limited
Website
intl.cnoocltd.com/operations/americas/canada
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta.
Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000. Nexen was acquired by Hong Kong-based CNOOC Limited in 2013, and was rebranded under the current name at the end of 2018.
It has three growth strategies as of 2013[update]: oil sands and shale gas in western Canada as well as conventional exploration and development primarily in the North Sea, offshore in West Africa, and deepwater exploration in the Gulf of Mexico.[4]
^Cattaneo, Claudia. "Nexen chief Kevin Reinhart to be replaced by CNOOC executive Fang Zhi". Financial Post. Retrieved 23 May 2014.
^ ab"Nexen Inc. financials". Google Finance Canada. Archived from the original on 17 June 2010. Retrieved 26 April 2010.
^ ab"Nexen Inc. (Public, TSE:NXY)". Google Finance Canada. Archived from the original on 12 April 2010. Retrieved 26 April 2010.
^"Nexen Announces Completion of Acquisition by CNOOC Limited". Yahoo! Finance. 25 February 2013. Archived from the original on 21 October 2013. Retrieved 17 January 2017.
and 27 Related for: CNOOC Petroleum North America information
CNOOCPetroleumNorthAmerica ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta. Originally the Canadian subsidiary...
CNOOC Limited (中国海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010. It is a major subsidiary of China...
Corporation NorthAmerica, Inc., provides petroleum refining services as also transportation fuel, heat and light energy. BP Products NorthAmerica, Inc.,...
the regulation of the people's petroleum resources in cooperation with foreign enterprises on January 30, 1982, CNOOC was incorporated and authorized...
Petroleum production in Canada is a major industry which is important to the overall economy of NorthAmerica. Canada has the third largest oil reserves...
include Syncrude, Suncor Energy, Canadian Natural Resources, and CNOOCPetroleumNorthAmerica ULC. Fort McMurray's growth is characteristic of a boomtown...
The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. The list is in alphabetical...
sector, one of Canada's most important industries. It is dominated by American, German, and Japanese automotive giants. Although this situation is not...
Shaanxi Yanchang Petroleum Group is a Chinese conglomerate mainly engaged in the exploration, production, transportation, and sale of petroleum and natural...
meet changing technologies and public needs. Since the creation of the Petroleum and Natural Gas Conservation Board in 1938, the regulatory body has consistently...
Revenue 5.840 bn MV 11.986 bn (2011) In February 2013 Nexen was taken over by Cnooc in a $15.1 billion deal. At the time, Nexen's 2.5 billion boe reserves would've...
PetroChina, Sinopec, and CNOOC in offshore tax evasion. China portal Energy portal Companies portal List of oil spills CNPC (HK) Petroleum industry in China...
Standard Oil. The Royal Dutch Petroleum Company was a Dutch company founded in 1890 to develop an oilfield in Pangkalan Brandan, North Sumatra, and initially...
China Petroleum and Chemical Corporation, or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades...
China National Offshore Oil Corporation (CNOOC) investment deal, valued at $16 billion, to develop Iran's North Pars gas field and to build a liquid natural...
is dominated by Chinese majors (China National Offshore Oil Corporation (CNOOC) was mostly created for this region), but foreign companies, including ConocoPhillips...
more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate. Formerly owned directly by the Chinese government...
shale plays and in oil-rich Guyana. Hess Corp, Exxon Mobil and China's CNOOC, key players in Guyana, have been producing a combined 400,000 barrels per...
each took 20 percent of the partnership, while China National Petroleum Corp and China's CNOOC took 10 percent each. Petrobras has a 40% interest. Major investments...
Total sold a shipment of LNG which it sourced from UAE to CNOOC on the Shanghai Petroleum and Natural Gas Exchange. It was reportedly the first trade...
largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves. Just a fraction of Iraq's known fields are in development, and...
Resources. In 2005, Newfield explored the South China Sea in a partnership with CNOOC. In 2007, Newfield announced the $575 million acquisition of exploration...
withdrawn by CNOOC August 2 citing the associated political uncertainty. Following a vote in the United States House of Representatives, the CNOOC bid was...
subsidiary of Chinese state owned company CNOOC Group. It also has a listed sister company in Hong Kong, CNOOC Limited. China Oilfield Services usually...
Unit of China's Cnooc shut facility after the accident Friday killed one and injured another " Wall Street Journal, January 2016 "Cnooc Oil-Sands Operation...
the 60% of petroleum in Argentina. In 2011, local consortium Bridas Corporation (formed by Bridas Energy Holdings Limited and Chinese CNOOC International...
Global Information