CNOOC Limited is an integrated energy company primarily engaged in the exploration, development, production, and sale of crude oil and natural gas. It focuses on offshore oil and gas resources and has grown to become a key player in China's energy industry as well as internationally.
Headquartered in Beijing, China, the company operates major fields in the Bohai Bay, the South China Sea, and other domestic waters. Internationally, it has interests in projects in countries such as Canada, Brazil, Nigeria, and Australia. Its activities encompass upstream exploration and production, with additional operations in refining, chemicals, and natural gas marketing through subsidiaries and joint ventures.
CNOOC Limited is listed on the Hong Kong Stock Exchange and the New York Stock Exchange. It is majority-owned by China National Offshore Oil Corporation, a state-owned enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council. This structure places it among the largest oil and gas companies in China, often referred to as one of the 'Big Three' national oil companies, competing with PetroChina and Sinopec in both domestic and global markets.
The company emphasizes technological advancements in deepwater drilling and enhanced oil recovery to support its production goals and sustainability initiatives.
Also known as 中国海洋石油有限公司.
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