Nexen names chief executive officer

Nexen Energy ULC, a wholly owned subsidiary of CNOOC Ltd., has selected Fang Zhi as chief executive officer. He succeeds Kevin Reinhart, a 20-year company veteran who oversaw the acquisition of Nexen by CNOOC (OGJ Online, Jan. 12, 2012; Feb. 26, 2013).

Fang, currently executive vice-president, has served 30 years for CNOOC, which specified that the move will not change Nexen’s strategy and priorities as a wholly owned subsidiary.

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