渥太华批准中海油150亿收购加拿大的耐克森油气公司

渥太华批准中海油150亿收购加拿大的耐克森油气公司

渥太华_联邦政府批准周五卡尔加里的耐克森公司和进步能源公司亚洲国有控股企业的收购。

中国的中海油和马来西亚国家石油公司（Petronas）政府收到政府的收购确认。

然而在特殊情况下，政府才会考虑未来的国有企业并购油砂矿。

寻求购买大型加拿大公司的所有国有企业将面临更严格的审查，他们是如何运作的，多少控制本国政府将如何做生意。

总理哈珀（Stephen Harper）说，再多外国的油砂开发的控制，将不利于加拿大。

“当我们说，加拿大是开门营业的，我们不是把加拿大出售给外国政府的意思。"，总理哈珀说。


Ottawa Will Allow Chinese Takeover Of Nexen
CP  |  Posted: 12/07/2012 5:18 pm EST  |  Updated: 12/07/2012 5:54 pm EST

OTTAWA _ The federal government approved Friday the takeovers of Calgary-based Nexen Inc. (TSX:NXY) and Progress Energy Resources Corp. (TSX:PRQ) by Asian state-controlled firms.

China's CNOOC and Malaysia's Petronas received the OK from the government as part of a wide-ranging update of foreign takeover rules.

However, the government said it will only consider future takeover deals in the oilsands by state-owned companies in exceptional circumstances.

And all state-owned enterprises seeking to buy large Canadian companies will face greater scrutiny about how they operate and how much control their home governments would have over how they do business.

Prime Minister Stephen Harper says foreign state control of oilsands development has reached the point where further control would not be beneficial to Canada.

"When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments,'' Harper said.

STORY CONTINUES AFTER GALLERY..

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    The Target

    Nexen is a global oil and gas company that produced 207,000 barrels of oil equivalent per day at the end of 2011. In this April 25, 2012 photo, Nexen chief executive Kevin Reinhart addresses the company's annual meeting in Calgary. <em>With files from The Canadian Press</em>
    Areas Of Operation

    Only about 30 per cent of Nexen's production comes from its Canadian operations, with the rest coming from offshore platforms in the North Sea, Gulf of Mexico and West Africa.
    The Buyer

    CNOOC Ltd. is China's largest offshore oil and gas producer and is one of the largest oil and gas exploration and production companies in the world. At the end of 2011, it had 909,000 barrels of oil equivalent per day of production. Its Beijing-based parent, China National Offshore Oil Co., operates directly under the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. CNOOC Ltd. shares trade on Hong Kong and New York stock exchanges.
    The Offer

    On July 23, Nexen announced it had accepted CNOOC Ltd.'s all-cash offer of $27.50 per share, worth $15.1 billion. In a circular to shareholders a month later, Nexen revealed it had rejected two earlier CNOOC offers as too low.
    The Premium

    61 per cent over Nexen's closing share price on the trading day before the deal.
    Partnership

    CNOOC and Nexen had a relationship well before they announced their deal. In 2011, CNOOC acquired Opti Canada Inc., Nexen's beleaguered partner in the Long Lake oilsands project and the two have been working together on that project since. Later in 2011, CNOOC and Nexen formed a joint venture in the Gulf of Mexico. Around the same time, Nexen also agreed to sell a 40 per cent interest in some of its northeastern B.C. shale natural gas lands to a Japanese-led consortium.
    The Target

    Progress Energy Resources Corp. (TSX:PRQ) is a mid-sized natural gas producer with daily production of about 50,000 barrels of oil equivalent per day.
    Areas Of Operation

    Progress is the largest landholder in the Montney shale in northwestern Alberta and northeastern B.C. It is also active in Alberta's Deep Basin.
    The Buyer

    Petroliam Nasional Bhd, or Petronas, is wholly owned by the government of Malaysia. It has assets and interests in more than 30 countries and is heavily involved in the liquefied natural gas, or LNG, business.
    The Offer

    Progress announced in late June it had agreed to Petronas' $20.45-per-share takeover offer. A month later, the Malaysian state-owned company sweetened its offer to $22 per share in order to trump a rival bid, bringing the deal's total value to $6 billion.
    The Premium

    The sweetened offer is worth double what Progress shares traded at the day before the initial takeover deal was announced.
    Partnership History

    In mid-2011, Progress and Petronas formed a 50-50 partnership to jointly develop the some of the Canadian company's land in the north Montney. The two companies are also partnering on a liquefied natural gas terminal near Prince Rupert, B.C., that will be 60 per cent bigger if the takeover deal

The China National Offshore Oil Co., CNOOC, launched a friendly $15.1-billion bid for Nexen in July, providing a series of guarantees to the Canadian government on job creation, head office location and corporate governance.

In a statement, Industry Minister Christian Paradis said he was satisfied that the deal would be a net benefit to Canada.

Initially, Malaysia's Petronas $6-billion bid for Progress Energy was rejected by the federal government and the company later revised its proposal.

Paradis said the company made "significant commitments'' in several areas that satisfied him the deal was in net benefit to Canada.

In revising the guidelines for state-owned enterprises, the Conservatives are answering criticisms that the rules were too vague to provide certainty for investors.

But at the same time, they responded to Canadians' concerns about the implications of allowing foreign-owned firms to play a major role in Canada's natural resources sector.

The government made three major changes to the guidelines Friday.

First, they increased the threshold for review under the Investment Canada Act for takeovers by foreign private investors to $1 billion from $330 million.

But the $330 million threshold will remain in place for state-owned enterprises.

They also gave the Minister of Industry the ability to extend the time available to conduct a national security review of proposed investments.

The CNOOC deal did not trigger a security review.

But the biggest change comes for state-owned enterprises, with the government elaborating extensively on how proposed bids from those companies will be handled in the future.

They set out five specific elements that investors will need to demonstrate in order for the government to consider approving a proposal.

At the top of the list is that the investment is commercially oriented and that the investor is free from political influence.

Canada's spy agency raised a red flag on foreign investment by state-owned firms in its annual report earlier this year.

Though CSIS didn't name specific countries or companies, it said certain state-owned enterprises have pursued what it called opaque agendas or received clandestine intelligence support for their pursuits in Canada.

CNOOC and Nexen also had a pre-existing relationship. Last year, CNOOC scooped up Opti Canada, Nexen's beleaguered minority partner in its troubled Long Lake oilsands project. The two firms also worked together in the Gulf of Mexico.

http://www.huffingtonpost.ca/201 ... l?utm_hp_ref=canada
.

渥太华批准中海油150亿收购加拿大的耐克森油气公司

渥太华_联邦政府批准周五卡尔加里的耐克森公司和进步能源公司亚洲国有控股企业的收购。

中国的中海油和马来西亚国家石油公司（Petronas）政府收到政府的收购确认。

然而在特殊情况下，政府才会考虑未来的国有企业并购油砂矿。

寻求购买大型加拿大公司的所有国有企业将面临更严格的审查，他们是如何运作的，多少控制本国政府将如何做生意。

总理哈珀（Stephen Harper）说，再多外国的油砂开发的控制，将不利于加拿大。

“当我们说，加拿大是开门营业的，我们不是把加拿大出售给外国政府的意思。"，总理哈珀说。


Ottawa Will Allow Chinese Takeover Of Nexen
CP  |  Posted: 12/07/2012 5:18 pm EST  |  Updated: 12/07/2012 5:54 pm EST

OTTAWA _ The federal government approved Friday the takeovers of Calgary-based Nexen Inc. (TSX:NXY) and Progress Energy Resources Corp. (TSX:PRQ) by Asian state-controlled firms.

China's CNOOC and Malaysia's Petronas received the OK from the government as part of a wide-ranging update of foreign takeover rules.

However, the government said it will only consider future takeover deals in the oilsands by state-owned companies in exceptional circumstances.

And all state-owned enterprises seeking to buy large Canadian companies will face greater scrutiny about how they operate and how much control their home governments would have over how they do business.

Prime Minister Stephen Harper says foreign state control of oilsands development has reached the point where further control would not be beneficial to Canada.

"When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments,'' Harper said.

STORY CONTINUES AFTER GALLERY..

Loading Slideshow...

    The Target

    Nexen is a global oil and gas company that produced 207,000 barrels of oil equivalent per day at the end of 2011. In this April 25, 2012 photo, Nexen chief executive Kevin Reinhart addresses the company's annual meeting in Calgary. <em>With files from The Canadian Press</em>
    Areas Of Operation

    Only about 30 per cent of Nexen's production comes from its Canadian operations, with the rest coming from offshore platforms in the North Sea, Gulf of Mexico and West Africa.
    The Buyer

    CNOOC Ltd. is China's largest offshore oil and gas producer and is one of the largest oil and gas exploration and production companies in the world. At the end of 2011, it had 909,000 barrels of oil equivalent per day of production. Its Beijing-based parent, China National Offshore Oil Co., operates directly under the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. CNOOC Ltd. shares trade on Hong Kong and New York stock exchanges.
    The Offer

    On July 23, Nexen announced it had accepted CNOOC Ltd.'s all-cash offer of $27.50 per share, worth $15.1 billion. In a circular to shareholders a month later, Nexen revealed it had rejected two earlier CNOOC offers as too low.
    The Premium

    61 per cent over Nexen's closing share price on the trading day before the deal.
    Partnership

    CNOOC and Nexen had a relationship well before they announced their deal. In 2011, CNOOC acquired Opti Canada Inc., Nexen's beleaguered partner in the Long Lake oilsands project and the two have been working together on that project since. Later in 2011, CNOOC and Nexen formed a joint venture in the Gulf of Mexico. Around the same time, Nexen also agreed to sell a 40 per cent interest in some of its northeastern B.C. shale natural gas lands to a Japanese-led consortium.
    The Target

    Progress Energy Resources Corp. (TSX:PRQ) is a mid-sized natural gas producer with daily production of about 50,000 barrels of oil equivalent per day.
    Areas Of Operation

    Progress is the largest landholder in the Montney shale in northwestern Alberta and northeastern B.C. It is also active in Alberta's Deep Basin.
    The Buyer

    Petroliam Nasional Bhd, or Petronas, is wholly owned by the government of Malaysia. It has assets and interests in more than 30 countries and is heavily involved in the liquefied natural gas, or LNG, business.
    The Offer

    Progress announced in late June it had agreed to Petronas' $20.45-per-share takeover offer. A month later, the Malaysian state-owned company sweetened its offer to $22 per share in order to trump a rival bid, bringing the deal's total value to $6 billion.
    The Premium

    The sweetened offer is worth double what Progress shares traded at the day before the initial takeover deal was announced.
    Partnership History

    In mid-2011, Progress and Petronas formed a 50-50 partnership to jointly develop the some of the Canadian company's land in the north Montney. The two companies are also partnering on a liquefied natural gas terminal near Prince Rupert, B.C., that will be 60 per cent bigger if the takeover deal

The China National Offshore Oil Co., CNOOC, launched a friendly $15.1-billion bid for Nexen in July, providing a series of guarantees to the Canadian government on job creation, head office location and corporate governance.

In a statement, Industry Minister Christian Paradis said he was satisfied that the deal would be a net benefit to Canada.

Initially, Malaysia's Petronas $6-billion bid for Progress Energy was rejected by the federal government and the company later revised its proposal.

Paradis said the company made "significant commitments'' in several areas that satisfied him the deal was in net benefit to Canada.

In revising the guidelines for state-owned enterprises, the Conservatives are answering criticisms that the rules were too vague to provide certainty for investors.

But at the same time, they responded to Canadians' concerns about the implications of allowing foreign-owned firms to play a major role in Canada's natural resources sector.

The government made three major changes to the guidelines Friday.

First, they increased the threshold for review under the Investment Canada Act for takeovers by foreign private investors to $1 billion from $330 million.

But the $330 million threshold will remain in place for state-owned enterprises.

They also gave the Minister of Industry the ability to extend the time available to conduct a national security review of proposed investments.

The CNOOC deal did not trigger a security review.

But the biggest change comes for state-owned enterprises, with the government elaborating extensively on how proposed bids from those companies will be handled in the future.

They set out five specific elements that investors will need to demonstrate in order for the government to consider approving a proposal.

At the top of the list is that the investment is commercially oriented and that the investor is free from political influence.

Canada's spy agency raised a red flag on foreign investment by state-owned firms in its annual report earlier this year.

Though CSIS didn't name specific countries or companies, it said certain state-owned enterprises have pursued what it called opaque agendas or received clandestine intelligence support for their pursuits in Canada.

CNOOC and Nexen also had a pre-existing relationship. Last year, CNOOC scooped up Opti Canada, Nexen's beleaguered minority partner in its troubled Long Lake oilsands project. The two firms also worked together in the Gulf of Mexico.

http://www.huffingtonpost.ca/201 ... l?utm_hp_ref=canada
.