|We are Nexen, Inc. (formerly Canadian Occidental Petroleum). Our core business activities include exploration, development, production and marketing of crude oil and natural gas, and the manufacturing and marketing of sodium chlorate, chlorine and caustic soda. We operate from a strong base of assets in Yemen, Canada and the Gulf of Mexico. Our core operations also include a 7.23 per cent interest in the Syncrude Joint Venture in Canada. We aggressively target exploration activities and operations in the deep waters of the Gulf of Mexico, Yemen, Nigeria, Australia, Indonesia and Colombia. Our chemicals operations are located throughout North America and, most recently, Brazil. We conduct our business in an honest, ethical manner and adhere to the highest standards of integrity when dealing with our stakeholders and the communities where we operate.|
Alberta To Pick New Oil Marketers By End-May After Nexen Trading Shutdown
Tuesday, March 24, 2015 The Alberta government will decide before the end of May which companies will take over contracts to market the Canadian province's crude, a spokesman says.
China-Owned Nexen To Cut 400 Jobs In North America, UK
Tuesday, March 17, 2015 Nexen says it will cut approximately 400 jobs in North America and the United Kingdom in response to plunging global oil prices.
Hess To Proceed With $6B US Oil Project Despite Price Dip
Wednesday, October 29, 2014 Hess says it would proceed with the development of the $6B Stampede project in the US Gulf of Mexico, one of the biggest energy investments announced during the current oil price slump.
Nexen: UK's Buzzard Oil Field Back Online, Ramping Up Over Coming Days
Monday, September 29, 2014 Britain's Buzzard oil field in the North Sea is back online and will continue to ramp up production over coming days, a spokeswoman for Nexen says.
Operator: Production Resumes At UK North Sea Buzzard Oilfield
Tuesday, September 09, 2014 Production resumes at Britain's North Sea Buzzard oilfield, the field's operator says in a statement.
Norway's Statoil Hit By Dry Wells Off Angola, US Gulf
Thursday, September 04, 2014 Statoil drills dry wells in two areas where it had high expectations: offshore Angola and the US Gulf of Mexico.
Nexen Eyes Restart of North Sea Buzzard Oilfield on Tuesday
Tuesday, September 02, 2014 Nexen is looking to restart the North Sea's Buzzard oilfield later on Tuesday, according to trading sources.
UK Buzzard Oilfield to Resume Oil Exports Thursday
Wednesday, August 27, 2014 The North Sea's Buzzard oilfield is due to resume exports Thursday after a shutdown earlier this week.
Nexen Says North Sea Buzzard Oilfield Shut Again After Restart
Tuesday, August 26, 2014 Output from Britain's Buzzard oilfield has been stopped again after restarting over the long weekend, its operator Nexen says.
Nexen: Planned Works Reduce Flow at North Sea's Buzzard Oilfield
Thursday, April 24, 2014 UK North Sea oilfield Buzzard sees output fall due to maintenance and construction work.
SPE Aberdeen Announces Bursaries for 20 Students
Monday, December 02, 2013 Society of Petroleum Engineers Aberdeen Section to award bursaries amounting to $32,800 to up to 20 students during the 2013/2014 academic year.
More North Sea Work for Wood Group
Thursday, July 04, 2013 Wood Group wins contract extension to supply Nexen's Scott and Buzzard platforms in the North Sea.
Shell Strikes Oil in Gulf of Mexico
Wednesday, July 03, 2013 Shell declares GOM Vicksburg well a "success", adding 100 MMboe in resources to the 500 million barrels in potential recoverable resources it has at the nearby Appomattox discovery.
New Outage Hits Buzzard Oil Field
Friday, June 07, 2013 The Buzzard oil field in the North Sea has been hit again by an outage only days after being shut due to equipment failure.
Buzzard Production Levels to Return to Normal by Midweek
Monday, June 03, 2013 Production from the key U.K. Buzzard oil field should resume by midweek after it experiences an outage over the weekend.
Finalists Selected for UK O&G Safety Awards
Wednesday, March 27, 2013 Several oil and gas firms and suppliers are up for seven gongs at 2013's UK safety awards.
UK Buzzard Field Back Over 200,000 Barrels Per Day
Wednesday, March 06, 2013 Nexen says the Buzzard oil field, in the UK North Sea, is now producing more than 200,000 barrels per day after maintenance work.
CNOOC Completes Nexen Buy; News Follows Sinopec-Chesapeake Deal
Tuesday, February 26, 2013 CNOOC completes its record-breaking purchase of Nexen came hot on the heels of another Chinese investment in the US, signaling that the appetite for North American shale projects in energy-hungry Asia remains strong.
Nexen-CNOOC Tie-Up Gets Green Light From US Government
Tuesday, February 12, 2013 Nexen said that the Committee on Foreign Investment in the US has approved CNOOC's $15.1B acquisition of Nexen, clearing the last significant hurdle in the deal.
Deadline Extended for CNOOC Takeover of Nexen
Monday, January 28, 2013 CNOOC-Nexen's $15.1 billion deal deadline is extended by 30 days, while regulatory approval from the United States is still pending.