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Nexen
Nexen may refer to: * Nexen Energy, now CNOOC Petroleum North America, a Canadian oil and gas company * Nexen Tire, a Korean tire manufacturer *NEXEN, an online platform used by BNY {{disambiguation ...
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Nexen Energy
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta. Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000. Nexen was acquired by Hong Kong–based CNOOC Limited in 2013, and was rebranded under the current name at the end of 2018. It had three growth strategies : oil sands and shale gas in western Canada as well as conventional exploration and development primarily in the North Sea, offshore in West Africa, and deepwater exploration in the Gulf of Mexico. History Nexen started in 1971 as Canadian Occidental Petroleum (CanOxy), and was 80% owned by Occidental Petroleum, an oil company based in Los Angeles. In the first decade of its existence, CanOxy was fairly Canadian-oriented. During the 1980s and 1990s they increased their international holdings, first in the Gulf of Mexico, then into pl ...
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Nexen Tire
Nexen Tire Corporation ( Korean: ) is a tire manufacturer headquartered in Yangsan, South Gyeongsang Province and Seoul in South Korea. It was established in 1942 under the name Heung-A Tire Company. In 1985, Nexen dedicated a facility in Yangsan, Korea, to the production of radial tires. The company changed their name in 2000 from Woosung Tire to Nexen Tire Corporation. That same year also saw Nexen Tire listed on the KOSPI 200 Index future market. In 2005, Nexen Tire was awarded a patent for the technology to manufacture rubber/stratified silicate nano-composite tires. By 2006, they had completed development on the new UHP and Winter LTR/SUV pattern. To accommodate increased demand, the company opened a manufacturing plant in Qingdao, China in 2007. Nexen's domestic market share increased from 8% to 20%, with annual sales exceeding $600 million. The company employs over 2,000 and currently exports to 120 countries. Its major Korean competitors are Hankook and Kumho. The c ...
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