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CNOOC

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CNOOC and Shell Nanhai make final investment decision to expand petrochemical joint venture in Guangdong

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) announced the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50-50 joint venture (JV) in Huizhou, Guangdong Province, China. This decision follows the announcement of a Heads of Agreement in December 2015 between the two partners. Subject to regulatory approvals, […]

April 1, 2016