Shell Australia in Talks to Acquire Arrow Energy
Published at: www.rigzone.com
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Harnath SithamrajuConsultantHarnath Sithamraju
Abracadabra !! Arrow turns into Dart
March 28, 2010
1. Marriage between cash-rich and asset rich in which both partners benefit from opportunities and synergies.2. More mergers and acquisitions in the offing.
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Shell-CNPC bidding for Arrow, evolution of international gas collaboration
March 20, 2010
The Shell and CNPC have made a joint offer for Australian Arrow Energy could represent a new trend of international collaboration in natural gas. Chinese state companies have turned their interest from capital to global assets, advanced technologies and international operating skills. While international oil giants could satisfy their needs, Chinese state oil companies would be more willing to open the domestic market for them as aa exchange.
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