China's recent oil deals in Iraq and Iran have grabbed the headlines, but Beijing has also quietly carved out a footprint in smaller and less controversial markets in the Middle East. In a multi-pronged strategy executed over the last decade, China's oil firms have gone after anything from marginal acreage in Yemen to service deals in regional heavyweights Saudi Arabia and Kuwait. Results have occasionally been mixed and the progress slow, but China has now amassed a credible portfolio of regional assets, while overcoming local resistance to Chinese participation.
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