(EnergyAsia, January 16, Friday) — Sovereign wealth funds from China and the Middle East are looking at acquiring smaller North Sea oil exploration companies. Many of these firms are expected to falter under the weight of the ongoing global financial and credit crunch, opening up opportunities for cash-rich investors to snap them up at bargain…
ASIA: Chinese, Middle East players eye North Sea opportunities
Posted on January 15, 2009 by EnergyAsia