Guide online Free signup Advertise my Company
Magazine
Free subscription magazine
Last edition
May-June 2026
Magazine May-June 2026
All magazines
Bharat Vasandani Madhavan N. & Hari... Urvish Dave

Market & Company Research Store > Details

Year: 2012

Contents: 8 pages

Country: Canada

Sector: Exploration and Production (Energy)
National Oil Companies (NOCs) from China and India are Emerging as Key Investors in Canada’s Oil Sands Industry

Summary

In 2012, the Canadian oil sands industry witnessed the announcement of two large financial deals by National Oil Companies (NOCs) from India and China. One was the announced acquisition of Nexen Inc by China’s CNOOC Ltd. Nexen has substantial oil sands interests in Alberta, Canada. The other was the planned acquisition of ConocoPhillips’s six oil sands projects in Alberta by a consortium of three Indian NOCs – Oil and Natural Gas Corporation Limited (ONGC), Oil India Limited (OIL) and Indian Oil Corporation Ltd (IOCL). The proposed deals reflect the interests of Indian and Chinese NOCs in unconventional oil assets in order to reinforce their global oil portfolios due to growing demand for oil in their domestic markets.

Scope

- The report explains how acquisition of Nexen would increase CNOOC’s oil reserves.
- The report also covers why ONGC consortium plans to acquire oil sand assets of ConocoPhillips’ in Canada.
- Geographic Scope- Canada.

Reasons to buy

- The report throws light on investment by National Oil Companies (NOCs) from China and India in Canada’s oil sands industry.
- It helps us to understand how acquisition of Nexen would increase CNOOC’s oil reserves.
- The report also highlights why ONGC consortium is planning to acquire oil sands assets of ConocoPhillips’ in Canada.
Access Report
 
 
Next events
All events
 
 
Last interviews
All interviews
 
Follow us