CNOOC Ltd - Company Profile

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CNOOC Ltd (CNOOC), a subsidiary of China National Offshore Oil Corp, is an upstream oil and gas company. It carries out the exploration, development, production, and sale of crude oil and natural gas. The company operates major oil fields in Bohai, Western South China Sea, Eastern South China Sea and the East China Sea. It operates either independently or in cooperation with foreign partners through production sharing contracts. In overseas, the company holds interests in oil and natural gas blocks in Asia-Pacific, Europe, Middle East and Africa, and the Americas. CNOOC is headquartered in Beijing City, Beijing, China.

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Headquarters China

Address No. 25 Chaoyangmen North Avenue, Dongcheng District, Beijing, 100010


Telephone 86 10 84522973

No of Employees 21,452

Industry Energy and Utilities

Ticker Symbol & Exchange 883 (HKG)

Revenue (2022) $62.8B 71.6% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 101.5% (2022 vs 2021)

Market Cap* $122.4B

Net Profit Margin (2022) XYZ 17.5% (2022 vs 2021)

* As of and is in US$
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CNOOC Ltd premium industry data and analytics

4

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for CNOOC Ltd.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on CNOOC Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Crude Oil
Natural Gas
Natural Gas Liquids (NGL)
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Oil/Gas Discovery In March, the company announced an oilfield discovery of Qinhuangdao 27-3 in the Bohai Sea.
2024 Regulatory Approval In February, the company secured approval from the government to construct a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, China.
2024 Oil/Gas Discovery In February, the company discovered the metamorphic rock oilfield in the deep layers of China's Bohai Sea.
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Competitor Comparison

Key Parameters CNOOC Ltd China Petroleum & Chemical Corp PetroChina Co Ltd Kuwait Foreign Petroleum Exploration Co Japan Petroleum Exploration Co Ltd
Headquarters China China China Kuwait Japan
City Beijing Beijing Beijing Kuwait City Chiyoda-Ku
State/Province Beijing Beijing Beijing - Tokyo
No. of Employees 21,452 374,791 386,912 - 1,617
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Wang Dongjin Chairman Executive Board 2019 61
Xie Weizhi Chief Financial Officer Senior Management 2017 59
Zhou Xinhuai Director Executive Board 2023 53
Xu Yugao Secretary Senior Management 2022 54
Yan Hongtao Vice President Senior Management 2022 53
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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