China has entered the Alberta oil sands with more of a murmur than a shout,linking up with unlisted MEG Energy which has a 100% working interest in a pilot project that could grow to a 95,000 b/d commercial operation and a joint stake in a planned 400,000 b/d bitumen pipeline.Offshore producer CNOOC,through its wholly-owned Belgian-subsidiary,said Apr 12 it was buying 16.69% of the common shares of MEG for CUS150-mil (US121.5-mil).
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