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Nexen, Inc.

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.
Address: 635 - 8th Avenue
Calgary, Alberta, T2P 3Z1
Contact: (403) 234-6700

Recent Articles

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.
CNOOC Expects Nexen Deal to Be Completed in 1Q 2013
Friday, December 28, 2012 CNOOC expects its proposed $15.1 billion purchase of Canada's Nexen Inc. to be completed in the first quarter of 2013.
Japex to Plough over $1B into Expanding Hangingstone Bitumen Facility
Friday, December 14, 2012 Japex plans to increase output at its bitumen facility in Canada, as it looks to develop its customer base among refineries in the U.S.
CNOOC-Nexen Deal Could Spur Future China Energy M&A Elsewhere
Monday, December 10, 2012 Chinese energy companies may find it tougher to invest in Canada after CNOOC's takeover of Nexen compelled Canadian PM Stephen Harper to say future deals would only be approved under "exceptional" circumstances.
Forex Markets Await Cnooc-Nexen, Petronas-Progress News
Friday, December 07, 2012 The Canadian government is expected to rule soon on two big proposed foreign deals--decisions that could significantly move the Canadian dollar.
Nexen, CNOOC Resubmit Application for U.S. Approval of Merger
Wednesday, November 28, 2012 Nexen and CNOOC have withdrawn and resubmitted their application for the United States to approve CNOOC's proposed takeover of Nexen.
CNOOC Chairman: Confident Nexen Deal Will Be Completed by Year-End
Wednesday, November 21, 2012 CNOOC said it is confident its proposed $15.1 billion buyout of Canada's Nexen will be completed by the end of the year.
CNOOC Chairman: Confident Nexen Deal Will Be Completed by Year-End
Friday, November 09, 2012 The chairman of China's CNOOC says that he was confident that the state-controlled oil giant's proposed $15.1B buyout of Canada's Nexen Inc. would be completed by the end of the year.
Two North Sea Well Disappointments for Cairn
Tuesday, November 06, 2012 Both Bardolph and Spaniards East drills fail to find commercial hydrocarbons.
Ottawa Further Extends Review Period of CNOOC-Nexen Deal
Monday, November 05, 2012 The Canadian government decides to extend its review of CNOOC's planned takeover of Nexen to Dec 10, 2012.