(EnergyAsia, October 5, Friday) — Singapore Petroleum Company Limited (SPC) has expanded its presence in China by acquiring offshore producing oilfields and exploration working interests in Bohai Bay for US$223 million.Through its wholly owned subsidiary, SPC E&P (China) Pte Ltd, SPC won a competitive bid for 100% of the shares of Sino-American Energy Corporation, which…
CHINA: Singapore Petroleum Company acquires Bohai Bay oilfields for US$223 million
Posted on October 4, 2007 by EnergyAsia