CNOOC Ltd
00883
Company Profile
Business description
CNOOC is China’s main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2023 reached 678.0 million barrels of oil equivalent (78.1% oil), and year-end proven reserves were 6.78 billion barrels of oil equivalent. Assets outside China make up around 31.2% of production.
Contact
1 Garden Road
65th Floor, Bank of China Tower
Hong Kong999077
HKGT: +852 22132500
Sector
Energy
Stock type
Sensitive
Industry
Oil & Gas E&P
Fiscal Year End
31 December 2024
Employees
19,511
Morningstar Investment Ideas
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