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Nexen Energy announces $400 million expansion of its oilsands project in Alberta

from Delta Optimist

Nexen Energy says it will spend about $400 million to build a 26,000-barrel-per-day expansion of its Long Lake oilsands project in northern Alberta. The company, which was purchased by Chinese state-owned China National Offshore Oil Co. Ltd. in 2013, says its Long Lake Southwest expansion will add three steam-driven well-pads that will send bitumen to its existing facilities. more


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