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China National Offshore Oil Corporation announced Tuesday that it has closed a deal to acquire Canada's Nexen Inc. Departing Pope Benedict XVI delivered his final public prayer ceremony on Sunday noon in Vatican City, drawing tens of thousands of emotional Catholics, together with What Are MBT Shoes tourists from across the world. CNOOC, China's largest offshore oil and gas producer, said in a statement on its website that the company paid about 15.1 billion U.S. dollars for Nexen's common and preferred shares.
Anita Vanboxmeer, a Catholic visiting Rome from the Netherlands, told Xinhua that she would prefer a new pope that could be less conservative than Benedict XVI. Wang Yilin, chairman of CNOOC, said the company is delighted to have acquired a leading international platform through the acquisition MBT Womens Shoes of Nexen. The St. Peter's Square was full of young and old spectators from Sunday morning, many holding up cameras and some pushing strollers. We strongly believe that this acquisition is a good strategic fit for us and will create long-term value for our shareholders, Wang said.