(EnergyAsia, March 18 2010, Thursday) — CNOOC Limited said it is investing US$3.1 billion to acquire a 50% stake in Argentina’s second largest oil producer, Bridas Corporation, from 100%-owner Bridas Energy Holdings Ltd (BEH). Based on 2009 statistics, CNOOC said the acquisition, which is aligned with its growth strategy in Latin America, will boost its…

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