China National Offshore Oil Corporation
China National Offshore Oil Corporation (CNOOC Group) is one of the largest state-owned oil companies in China. It is the third-largest state oil company in the People's Republic of China after CNPC (PetroChina's parent company) and China Petrochemical Corporation (Sinopec's parent company).
By the end of fiscal year 201920, revenues were $109 billion, making it Asia's fourth-largest oil and gas company. CNOOC Group, headquartered in Beijing and established in 1982, specializes in offshore oil and natural gas development, exploration, and development in China. The company's earnings fell 5.1% in 2019-20 to $7 billion.
Founded: 1982
Headquarters: Beijing, China
Market cap: $43.65 Billion As of December 2021
Revenue: $7 billion in 2020
Website: http://www.cnooc.com.cn/