CNOOC says confident its Nexen deal with go through

Thu Nov 8, 2012 10:19pm EST
 
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BEIJING Nov 9 (Reuters) - CNOOC Ltd, China's top offshore oil and gas producer, said on Friday it is confident of winning regulatory approval from Canada this year for its $15.1 billion bid for energy producer Nexen .

CNOOC Chairman Wang Yilin said it was normal for the Canadian government to extend its review for the bid, adding he expects the deal to be completed by year-end.

Wang was speaking to reporters at the sidelines of the Communist Party congress in Beijing.