The match between Unocal
and Howrey was seemingly made in heaven.
China National Petroleum Corporation (CNPC), a China-based oil and gas producer, has signed a contract with Unocal
East China Sea Limited (Unocal
East China Sea), a subsidiary of Chevron Corporation (NYSE: CVX).
The debate about the Unocal
bid last summer was so myopic Americans did not recognize that it was only a minor chapter in a much larger story.
He sued product manufacturers, distributors, and Unocal
ITEM: Reuters reported on August 2 that CNOOC abandoned its bid to acquire Unocal
The end of this story comes in several counterparts: Chevron's board of directors has given the go-ahead to buy Unocal
, and in a few days, on Aug.
If approved, a Unocal
acquisition would more than double CNOOC's oil and gas output and boost its proven reserves by 80% to 4 bn boe.
While similar cases have been filed in recent years, the Unocal
settlement marks the first time that a company has agreed to pay damages under the Alien Tort Claims Act (ATCA), a law created by the first U.
Over the past several years Unocal
has been highly successful in building a portfolio of major international and deepwater assets and prospects," said Charles R.
The Norwegian engineering, construction and technology group Aker Kvaerner ASA said on Monday (7 March) that its unit Kvaerner Oilfield Products had won a wellhead equipment and services order from Unocal
In Turkmenistan, Unocal
was to be involved in the development of the Dauletabad gas field, a super-giant.
Some of these same helipads were used to ferry Unocal
officials when they came to inspect the project's progress.