SS initial public offering, according to Refinitiv data. CNOOC is preparing to exit one of the North Sea's largest field in a strategic shift of focus to newer oil and gas developments and away from Western assets, banking and industry sources told Reuters.
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Chinese oil giant CNOOC to raise up to US$ billion in Shanghai IPO. The company will sell billion shares at yuan starting on Tuesday. CNOOC Ltd, China's top offshore oil and gas producer, plans to raise about 35 billion yuan ($ billion) next month in what will likely be. SHANGHAI, April 21 (Reuters) - CNOOC Ltd shares surged as much as 44% in their Shanghai debut on Thursday, defying broad market weakness.