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.

Headquarters China

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


Telephone 86 10 84522973

No of Employees 18,887

Industry Energy and Utilities

Ticker Symbol & Exchange 883 (HKG)

Revenue (2021) $38.2B 58.4% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 181.8% (2021 vs 2020)

Market Cap* $65.0B

Net Profit Margin (2021) XXX 77.9% (2021 vs 2020)

* As of and is in US$

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Power Plants

Access key information on power plants and upcoming projects for CNOOC Ltd. View Information by various power generating sources, project demographics, commercial and technical information.

4

Tenders & Contracts

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

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Install Base

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ICT Spend & Tech Priorities

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Products and Services

Products
Crude Oil
Natural Gas
Condensate
XXX
XXX
XXX
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History

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

Year Event Description
2022 Acquisitions/Mergers/Takeovers In November, the company acquired 5% stake in production sharing deal at the Buzios oil field from Petrobras for US$1.9 billion.
2022 New Products/Services In November, the company announced the launch of the US sale.
2022 Commercial Operation In November, the company announced the Jinzhou 31-1 gas field development project was put into operation.
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Competitor Comparison

Key Parameters CNOOC Ltd China Petroleum & Chemical Corp PetroChina Co Ltd Japan Petroleum Exploration Co Ltd Kuwait Foreign Petroleum Exploration Co
Headquarters China China China Japan Kuwait
City Beijing Beijing Beijing Chiyoda-Ku Kuwait City
State/Province Beijing Beijing Beijing Tokyo -
No. of Employees 18,887 385,691 409,191 1,634 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Wang Dongjin Chairman Executive Board 2019 59
Xie Weizhi Chief Financial Officer Senior Management 2017 57
Li Yong Executive Vice President; General Manager - CNOOC China Limited Tianjin Branch; Director - CNOOC Bohai Petroleum Administration Bureau Senior Management 2016 58
Deng Yunhua Deputy Chief Exploration Engineer Senior Management 2015 58
Xie Yuhong Executive Vice President; General Manager - Exploration Senior Management 2016 60
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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