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"The company will continue its efforts to control costs, enhance profitability and create greater value for our shareholders," chief executive Li Fanrong said in a statement. "Looking ahead into 2013, we will carefully cope with the uncertainties of the world economy and the unstable international geopolitical situation." Li said the acquisition of Nexen was an "important milestone on the company's road to internationalization. The purchase had raised fears in Canada about a flood of foreign takeovers in the energy sector." Li said the company was aware of the "arduousness" of integrating the mid-tier energy company. ___ Online: http://www.cnoocltd.com/
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