Tue, 27 Dec 2011 07:50:31 GMT
China to see active overseas expansion of oil enterprises
China's oil companies pursue sustainable growth and seek
more active overseas expansion. Daqing Oilfield Co Ltd set 20 billion yuan revenue
target generated from foreign operations by 2015 which is four times higher compared
to this year figure. The company has its operations in 28 countries and sees
expansion opportunities to Indonesia and Middle East, reported Wang Yongchun,
the General Manager of DOCL.