Hints and tips:
...Sinopec already holds oil interests in Nigeria as well as Cameroon and Gabon in west Africa following its $7.2bn takeover of Addax Petroleum of Switzerland in 2009....
...The reclamation of a major onshore site from China’s Addax Petroleum comes before a licensing round for deep offshore discoveries in the Gabon Basin, said to rival the deep-water reserves lying off Brazil...
...; and a $7.3bn takeover of Addax Petroleum, which has assets in West Africa....
...Last year, Sinopec, the Chinese state oil company, beat it to the London-listed oil group Addax Petroleum....
...In this category, Sinopec’s $8.5bn acquisition of Addax, the Geneva-based company with assets in Nigeria and Kurdistan, was the most valuable deal of the year....
...On June 24 Sinopec agreed a $7.4bn (£4.6bn) takeover of Addax Petroleum whose oil assets in Iraqi Kurdistan are not far from Emerald’s in northeastern Syria on the Iraq border....
...Clearly this is a space to watch… Related links: Outmanoeuvred – FT China Petroleum isn’t bidding for Addax, spokesman says – Bloomberg...
...Korea National Oil Company, the state-owned South Korean group, is considering a possible takeover or asset deal with Addax Petroleum, the oil exploration and production company active in west Africa and...
...State-run Korea National Oil Corp might issue dollar bonds as it is considering a takeover or asset deal with Addax Petroleum, an oil exploration and production group....
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