Energy Voice

North of Scotland

Nexen changes name to Cnooc International

January 14, 2019

Oil and gas operator Nexen has officially changed its name to Cnooc International. The Canadian firm was taken over by China National Offshore Oil Corporation (Cnooc) in February 2013 in a £9.4 billion deal. >> To read more on Energy Voice, click here <<

North of Scotland

Faroe’s defences ‘exhausted’ after exploration failure, DNO says

January 3, 2019

Bosses at DNO have picked apart a report indicating its takeover bid for Faroe Petroleum was too low. DNO also said it was “troubled” by Faroe’s latest exploration disappointment with the Brasse East well. It follows last month’s disappointment with the Cassidy exploration well offshore Norway. >> To read more on Energy Voice, click here <<