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CNOOC takes over Nexen

(Xinhua)

08:52, February 26, 2013

BEIJING, Feb. 26 (Xinhua) -- China National Offshore Oil Corporation, the country's largest offshore oil and gas driller, announced Tuesday that it closed a 15.1-billion-U.S.-dollar deal with Nexen Inc. in Canada, marking the biggest overseas acquisition made by a Chinese company.

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