CNOOC Ltd poised to boost rig power with majority stake in SinoOcean

Status of majority stakeholder will afford CNOOC Ltd more power on the board

Rig asset: jack-up SinoOcean Auspicious, managed by SinoOcean, is working in the South China Sea for CNOOC Ltd. — Rig asset: jack-up SinoOcean Auspicious, managed by SinoOcean, is working in the South China Sea for CNOOC Ltd.Photo: SINOOCEAN

Xu Yihe

Houston

China SinoOcean CNOOC Ltd Asia & Oceania East Asia

Published 8 February 2023, 05:41Updated 8 February 2023, 08:03