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China Cnooc Interested In Cyprus Offshore Gas Prospecting -Xinhua

BEIJING -(Dow Jones)- China National Offshore Oil Corp. is one of several major foreign energy companies that have expressed interest in acquiring a license to explore for natural gas offshore Cyprus in the eastern Mediterranean, Xinhua news agency reported Sunday. Cyprus launched a second licensing round for 12 blocks in its offshore exclusive economic zone, Interior Minister Neoklis Silikiotis said in the report. The blocks on offer didn't include an area where Noble Energy Inc. (NBL) found gas in 2011, Xinhua said. Silikiotis didn't directly answer a question regarding a media report that Cnooc had submitted a proposal to buy into the block that Noble Energy is currently working, it said, noting that Noble had also found gas in two blocks offshore Israel, it said. Among the Cyprus government's top priorities is establishing a state energy company to develop hydrocarbon reserves, the minister said, adding that Cyprus and Israel are currently considering a plan for joint development of their respective natural gas reserves that includes building a gas pipeline to the south Cyprus shore. -By Simon Hall, Dow Jones Newswires, +86 10 8400-7755; simon.hall@dowjones.com

Stock News for Cnooc (CEO)
DateTimeHeadline
04/23/201422:30:29Cnooc Sells Multibillion-Dollar Bonds
04/23/201419:04:11Cnooc Sells Multibillion-Dollar Bonds -- 2nd Update
04/23/201417:37:59ADR Shares End Lower; Ericsson, ARM Holdings Shares Active
04/22/201406:00:15Cnooc Revenue Up 6.9% on Year
03/28/201416:51:17ADR Shares End Higher; Aviva Shares Active
02/27/201418:18:37Western Potash Threatened with Legal Action
02/21/201401:59:43Noble Plans China Oil-Field Stake Sale -- Update
02/18/201405:15:06Anadarko Sells China Assets to Brightoil for $1.075 Billion--Update
02/11/201418:10:28Hong Kong Firms to Settle U.S. Insider Trading Case
02/11/201417:45:11Hong Kong-Based Firms Agree To Settle Insider Trading Case
01/24/201411:20:12Brazil's Petrobras, Partners to Invest Up To $500 Million at...
01/24/201407:00:09Uganda Agrees Deal to Develop Oil Sector
01/06/201406:15:01Uganda Says Evaluating Applications for Ten Oil Fields
01/06/201404:05:25Amec Gets 6-Year Nexen Petroleum UK EPC Contract
12/27/201306:38:13UMC Energy: PPL374, PPL375 2D Seismic Survey Running to Schedule
12/19/201317:50:37Enbridge's Northern Gateway Pipeline Gets Backing
12/19/201305:40:03UMC Energy Corporation: 2D Acquisition Project on Track
12/11/201308:59:26North Sea Oil Output Seen 4% Lower in January Than December
12/10/201305:32:18UMC Energy: Extensive 2D Program Begins on Offshore Petroleum...
11/15/201309:10:28Caxton Associates LP 3Q 13F: Largest Purchases

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