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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
11/03/201405:50:13Maersk Oil: Golden Eagle Devt in UK North Sea Starts Production
11/03/201405:44:14Cnooc: Development Project in U.K. North Sea Starts Production
10/22/201404:42:13Royal Dutch Shell Announces Gabon Deep-Water Gas Discovery
10/21/201420:53:16British Columbia Proposes Tax Break to Induce Natural Gas Development...
10/14/201418:07:55ADR Shares End Mixed; Oil-Related Shares Decline
10/09/201418:22:12ADR Shares End Lower; Royal Dutch Shell, Total Shares Trade Actively
09/30/201418:03:23ADR Shares End Lower; America Movil, HSBC Shares Trade Actively
09/29/201417:44:48ADR Shares End Lower; Petrobras, Itau Unibanco Trade Actively
09/29/201409:20:12Uganda Seeks Data Consultants for Oil Licensing
09/29/201409:03:00Uganda Seeks Data Consultants Ahead of Next Oil Licensing Round
09/16/201401:00:20ASIA MARKETS: Hong Kong Stocks Continue Losing Streak After Weak...
09/15/201409:21:18Correction to China Mining Story on Sept. 11
09/10/201423:00:11China's Global Mining Play Is Failing to Pan Out
08/29/201405:10:08Uganda's Crude Oil Reserves Hit 6.5 Billion Barrels
08/29/201404:48:58Uganda's Crude Oil Reserves Hit 6.5 Billion Barrels-Government
08/28/201418:05:53ADR Shares End Lower; Oi Shares Active
08/18/201409:59:19Uganda Plans 250-Kilometer Oil Pipeline
08/04/201410:20:16Tanzania to Invest $1.2 Billion to Revamp Power Utility
08/04/201405:48:16Tanzania to Invest $1.2 Billion to Revamp State Power Utility
07/16/201401:00:49China Moves Oil Rig From Contested Waters

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