 Former logo | |
| Formerly | CNOOC Nexen (2013-2018); Nexen (2000-2013); Canadian Occidental (1971-2000) |
|---|---|
| Company type | Subsidiary |
| Industry | Oil and gas, energy |
| Founded | 12 July 1971 |
| Headquarters | , Canada |
Key people | Fang Zhi [1] (CEO) Li Fanrong (Chairman) |
| Revenue | $6.7 billion CAD (2012)[2] |
| $333 million CAD (2012)[2] | |
| Total equity | $8.8 billion CAD (2012)[3] |
Number of employees | 3,000 (2013)[3] |
| Parent | CNOOC Limited |
| Website | intl |
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta.
Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000. Nexen was acquired by Hong Kong-based CNOOC Limited in 2013, and was rebranded under the current name at the end of 2018.
It had three growth strategies as of 2013[update]: oil sands and shale gas in western Canada as well as conventional exploration and development primarily in the North Sea, offshore in West Africa, and deepwater exploration in the Gulf of Mexico.[4]
- ^ Cattaneo, Claudia. "Nexen chief Kevin Reinhart to be replaced by CNOOC executive Fang Zhi". Financial Post. Retrieved 23 May 2014.
- ^ a b "Nexen Inc. financials". Google Finance Canada. Archived from the original on 17 June 2010. Retrieved 26 April 2010.
- ^ a b "Nexen Inc. (Public, TSE:NXY)". Google Finance Canada. Archived from the original on 12 April 2010. Retrieved 26 April 2010.
- ^ "Nexen Announces Completion of Acquisition by CNOOC Limited". Yahoo! Finance. 25 February 2013. Archived from the original on 21 October 2013. Retrieved 17 January 2017.