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.
Headquarters
China
Address
No. 25 Chaoyangmen North Avenue, Dongcheng District, Beijing, 100010
Website
www.cnoocltd.com
Telephone
86 10 84522973
No of Employees
19,511
Industry
Energy and Utilities
Ticker Symbol & Exchange
883 (HKG)
Revenue (2022)
$58.9B
-1.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-12.6%
(2022 vs 2021)
Market Cap*
$119.3B
Net Profit Margin (2022)
XYZ
-11.4%
(2022 vs 2021)
* As of and is in US$
CNOOC Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil |
| Natural Gas |
| Natural Gas Liquids (NGL) |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In April, the company announced that its LNG bunkering vessel, Hai Yang Shi You 302 completed its sea trials. |
| 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. |
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 | 19,511 | 368,009 | 386,912 | - | 1,617 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
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 Changgui | Deputy Chief Exploration Engineer | Senior Management | 2022 | 53 |
| Curuchon | Vice President | Senior Management | 2021 | 59 |
| 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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