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
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*
$81.2B
Net Profit Margin (2022)
XYZ
17.5%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 2023 | Commercial Operation | In November, the company commenced production at Bozhong 19-6 Condensate Gas Field Phase I development project. |
| 2023 | Oil/Gas Discovery | In October, the company discovered the Shenfu deep coalbed methane (CBM) field in China. |
| 2023 | Contracts/Agreements | In August, the company entered into an agreement with Petrobras to jointly work in refining and chemical engineering, engineering construction and oilfield services. |
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 |
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 |
| Cao Xinjian | Executive Vice President | Senior Management | 2017 | 57 |
| Yang Yun | Executive Vice President | Senior Management | 2021 | 59 |
| 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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