The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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Two Chinese companies that invested in Brazil's deep-water oilfields two years ago are looking to increase their presence as state-run Petrobras sells assets to pay down debt, according to industry sources.
China Petroleum and Chemical Corp, or Sinopec, and China National Offshore Oil Corp, are among the companies interested in buying stakes in so-called pre-salt offshore exploration blocks, the sources said.
Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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