皇冠体育app

皇冠体育app's three major oil companies are thinking of participating in Iraq's second auction of oil and gas fields later this year, in a move to get a better foothold in the country's oil industry.

皇冠体育app National Petroleum Corp (CNPC) and 皇冠体育app Petrochemical Corp (Sinopec) may continue to bid in the second auction, as they "cannot neglect the rich oil and gas reserves in Iraq", said a source close to the situation.

Fu Chengyu, president of 皇冠体育app National Offshore Oil Corp (CNOOC), said last Saturday that the company might take part in the second round of bidding, without elaborating.