KM Financial Solutions | UPDATE 1-China’s CNOOC plans to lift 2020 capex to highest since 2014
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UPDATE 1-China’s CNOOC plans to lift 2020 capex to highest since 2014

UPDATE 1-China’s CNOOC plans to lift 2020 capex to highest since 2014

China’s offshore oil and gas
major CNOOC Ltd is planning to lift capital spending
to 85 billion to 95 billion yuan ($12.34 billion-$13.79 billion)
this year, the highest since 2014, as it focuses on domestic
drilling, it said on Monday.

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