Greater China
Petronas and CNPC eye Angolan deals
Hong Kong: Reuters reports that China National Petroleum Corp (CNPC) and Malaysia’s Petronas are contemplating bids for stakes in two Angolan offshore oil and gas fields owned by Marathon Oil Corp, which is relinquishing overseas holdings to focus more on home soil developments in the US.
Marathon has put its entire 10% stake each in Blocks 31 and 32 offshore Angola up for sale, the newswire reported. [03/04/13]