A rumour is circulating that CNOOC has made an offer for Dragon Oil, which operates the Cheleken production-sharing agreement in Turkmenistan, as part of China's oil majors' long term goals to acquire oil assets in the Caspian Sea.
Dragon, Irish-listed but owned by the National Oil Co of Dubai, would not comment on the speculation.
The rumour could be true, as China's state-owned companies have long wanted to diversify China's oil supplies and minimise its dependency on Middle East oil supplies.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
