China National Offshore Oil Co.: Nexen Inc

China National Offshore Oil Co. Dept: CALGARY - Federal Immigration and Citizenship Minister Jason Kenney is confident that China National Offshore Oil Co. will follow through with its end of the bargain after the government approved its $15.1-billion takeover of Nexen Inc, according to Winnipeg Free Press. At the same time, it updated the rules around such deals and minister of Citizenship, Immigration and Multiculturalism Jason Kenney speaks during a news conference in Ottawa on Friday, Dec.14, 2012. THE CANADIAN PRESS/Adrian Wyld The Harper government approved the foreign takeovers of Nexen TSX:NXY by China National Offshore Oil Co., or CNOOC, and Progress Energy Resources Corp. TSX:PRQ by Malaysia's Petronas earlier this month. (www.immigrantscanada.com). As reported in the news.