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CNOOC-Nexen: China's next major step into overseas oil & gas

Featuring Richard Swann, Robert Perkins, & Olivier Lejeune

July 27, 2012 14:00:00 EST (13:27 mins)

Chinese companies acquiring oil & gas assets around the globe has been a key energy trend of the last decade. However, in this video Richard Swann and Robert Perkins and Olivier Lejeune highlight how CNOOC's $15 billion deal for Canada's Nexen perhaps marks a 'step-change' in the scale & the ambition of China's energy asset purchases; the significance of Chinese involvement in both the UK's key North Sea oil field and oil sands in Canada & China's growing exposure to the Dated Brent oil benchmark.

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