CNOOC Engineering: Completed acquisition of a 49% stake in China Ocean Fulu

CNOOC Engineering Announcement: The company’s wholly owned subsidiary, Offshore Oil Engineering (Zhuhai) Co., Ltd., acquired all 49% equity interest in China Marine Fulu Heavy Industry Co., Ltd. held by Fluor International, for RMB 859 million in its own funds. After the transaction is completed, the shareholding ratio of China Marine Fulu held by CNOOC Zhuhai will change from 51% to 100%.

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