China Petroleum & Chemical Corp. (SNP) or Sinopec has made an offer to the Ghanaian government to jointly bid for stake in a major oil discovery off the coast of the West Africa country, the Wall Street Journal reported, citing person familiar with the matter.
The report specified that Sinopec's recent initial offer was rejected by state-run Ghana National Petroleum Corp, and the Ghanaian company is waiting to hear from all potential partners before making a decision.
For comments and feedback: editorial@rttnews.com