SOURCE: Industrial Info Resources

December 01, 2008 07:00 ET

CNOOC to Invest $29.4 Billion Over 10 Years to Exploit Oil and Gas in South China Sea, an Industrial Info News Alert

BEIJING--(Marketwire - December 1, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- CNOOC Limited (NYSE:CEO) (Beijing), a flagship of China National Offshore Oil Corporation (Beijing), will invest about $29.4 billion to exploit oil and gas in the South China Sea. Investors in the project include Devon Energy Corporation (NYSE:DVN) (Oklahoma City, Oklahoma), Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas) and the BG Group (LSE:BG) (Berkshire, United Kingdom).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to or visit our website at

Contact Information

  • Contact:
    Joe Govreau