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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.
Headquarters
China
Address
No. 25 Chaoyangmen North Avenue, Dongcheng District, Beijing, 100010
Website
www.cnoocltd.com
Telephone
86 10 84522973
No of Employees
18,887
Industry
Energy and Utilities
Ticker Symbol & Exchange
883 (HKG)
Revenue (2022)
$38.2B
58.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
181.8%
(2022 vs 2021)
Market Cap*
$72.1B
Net Profit Margin (2022)
XYZ
77.9%
(2022 vs 2021)
* As of and is in US$
CNOOC Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil |
| Natural Gas |
| Condensate |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In December, the company received licenses for oil and gas exploration offshore Mozambique. |
| 2022 | Others | In December, the company commenced operation of Bozhong- Kenli oilfields onshore power project. |
| 2022 | Others | In December, the company commenced production of Kenli 6-1 Oilfield 5-1, 5-2, 6-1 Block Development Project. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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 |
| Duan Chenggang | Vice President | Senior Management | 2020 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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