CNOOC Qld investment approved

State-owned China National Offshore Oil Corporation (CNOOC) has won approval from Australia's Foreign Investment Review Board to invest in a coal bed methane and shale gas exploration prospect in Queensland, its partner Exoma Energy has announced.

CNOOC: With the approval of the Foreign Investment Review Board, Chinese and Queensland government approvals are needed.
CNOOC: With the approval of the Foreign Investment Review Board, Chinese and Queensland government approvals are needed.
Published 17 February 2011, 01:47Updated 11 October 2016, 09:30
Asia & Oceania