CNOOC Petroleum Guyana Limited (CNOOC Guyana) is the Guyanese upstream subsidiary of CNOOC Limited, the listed arm of China National Offshore Oil Corporation. The company participates in offshore oil and gas exploration and production in Guyana’s deepwater, primarily through a 25% non-operating working interest in the Stabroek Block, in partnership with operator ExxonMobil Guyana and Hess.
As a joint venture partner, CNOOC Guyana contributes capital, technical expertise, and oversight to field development plans and production activities executed via floating production, storage and offloading (FPSO) facilities. The company operates under Guyana’s petroleum laws and local content framework, engaging local suppliers and workforce development in line with project requirements. Its activities focus on long-life offshore resources with an emphasis on safety, environmental management, and reliable energy supply.