Acquisitions and Divestitures News in China
| 11/12/2021 - Sembcorp Industries (Sembcorp) announces that it has, through its wholly-owned subsidiary Sembcorp Energy (Shanghai) Holding Co. Ltd, signed a sale and purchase agreement to acquire a 98% interest in ... |
| 4/26/2021 - Power management company Eaton (ETN) announced it has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric’s busway business, which manufactures and markets busway products in ... |
| 4/14/2021 - Kunlun Energy, a non-wholly owned subsidiary of PetroChina conditionally sold and PipeChina conditionally purchased the 60% equity interest in Beijing Pipeline and the 75% equity interest in Dalian LN... |
| 7/23/2020 - PetroChina entered into the Transaction Agreements with PipeChina on 23 July 2020, pursuant to which the Group has agreed to sell, and PipeChina has agreed to purchase, the Target Assets, the consider... |
| 7/15/2019 - MacGregor, part of Cargotec, has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA. Based... |
| 4/24/2019 - CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block. ... |
| 4/12/2019 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Bo... |
| 2/22/2019 - Saudi Aramco signed three Memoranda of Understanding (MoUs) aimed at expanding its downstream presence in the Zhejiang province, one of the most developed regions in China. The company aims to acquire... |
| 9/30/2018 - CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Empyrean Energy for Block 29/11 in the South C... |
| 9/3/2018 - On 28 August 2018, Roc Oil (Bohai) Company (Roc Oil), a wholly owned subsidiary of Roc Oil Company Limited (ROC), has signed the Seventh Modification and Supplementary (Production Period Extension) Ag... |
| 7/3/2018 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart ... |
| 5/18/2018 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with Husky Oil Operations (China) Limited (Husky) f... |
| 1/26/2018 - China has sold exploration rights for three oil and gas exploration blocks in the remote northwest Xinjiang region for more than 2.7 billion yuan ($422 million), the Xinhua news agency reported. ... |
| 11/30/2017 - AWE has received an unsolicited, non-binding, indicative and conditional proposal from China Energy Reserve and Chemical Group Australia, which is a subsidiary of China Energy Reserve and Chemical Gro... |
| 9/5/2017 - CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with SK Innovation for Block 17/08 in the South China... |
| 4/14/2017 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Bl... |
| 12/15/2016 - AIM-listed Empyrean Energy has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin, offshore China, following a successful application to t... |
| 12/15/2016 - Anton Oilfield Services, a leading independent oil and gas field technical service provider in China, has signed an in-depth strategic cooperation agreement with China Oil HBP Science & Technology Co ... |
| 9/15/2016 - At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said. ... |
| 9/9/2016 - China National Petroleum Corp (CNPC), the country's largest state energy group, will sell $3.8 billion worth of engineering related assets to a listed arm as part of a push to restructure its non-core... |
