Thursday, January 19, 2012

Chinese NOC’s Continue Acquisitions; Deal Value for 2011 Below 2010 Levels

Led by Sinopec, Chinese NOCs have been ramping up their acquisition spend year after year from almost negligible in 2007 to 15% of the total deal value in 2010. Overall the Chinese NOCs ended 2011 at 12% of the total deal value. Continue reading here..

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